Home / Blockchain / French startup Woleet raises € 1 million to secure transactions with blockchain technology

French startup Woleet raises € 1 million to secure transactions with blockchain technology

Paris-based blockchain startup Woleet has already won over several major companies, including Kering, EDF and Servers Laboratories with its blockchain data security solution. The startup is also targeting public players, and started with the government of the Bretagne region.

Woleet has just closed its first round of € 1 million from OneRagTime, 50Partners, and Bpifrance. With the new funding, it aims to accelerate its signature development.

Using Woleet's technology, startups, SMEs, large corporations, and public entities can easily and quickly create certificates of authenticity and secure their transactions. The startup combines the benefits of timestamping (immutability, security and transparency) with those of the blockchain (a reinforcement of security and transparency, and an increase in speed).

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