Vaionex Corporation, a blockchain start-up founded by students from the University of Cambridge has completed a seed funding round with Two Hop Ventures, a Dutch venture capital firm focused exclusively on investing in Bitcoin SV start-up. The investment will be used to support and accelerate the development of the Vaionex ecosystem of blockchain-based online platforms. Terms of the agreement were not disclosed.
Vaionex Corporation CEO Robin Kohze, stated, ” At Vaionex, we are an ambitious group with a bold vision to become a globally recognised, best-in-class blockchain service provider. Releasing five distinct blockchain-based platforms in our first year of operations is a testament to the ability and commitment of our team, with the early feedback – including today’s funding deal – a strong sign from the market that we are heading in the right direction. Creating a blockchain start-up at the vanguard of the technology brings with it new challenges seemingly every day, but with those challenges comes insights and innovations with the power to fundamentally alter the global economy, all part of a journey we’re delighted to now be sharing with the team at Two Hop Ventures.”
Vaionex Corporation specialises in solutions at the nexus of data science and blockchain technology, with the company currently operating five proprietary blockchain-based technology platforms built to collectively establish an integrated blockchain infrastructure and development ecosystem:
– Satolearn – blockchain education platform.
– Raspora – dynamic information platform based on the HIVE protocol.
– MetaShard – on-chain database storage and management platform.
– ApiAndMe – digital marketplace for buying and selling APIs.
– Block-Codes – code collaboration and monetisation platform.
Each of the platforms offered by Vaionex Corporation interacts directly with the Bitcoin SV blockchain, the only public blockchain with the scaling, data functionalities and transaction throughput capacity required to develop enterprise-grade blockchain applications.
The student-led Vaionex Corporation was founded by members of the Cambridge Metanet Society – a University of Cambridge student organisation focused on the development of Metanet technologies using the Bitcoin SV blockchain – and is the student organisation’s first spin-out to secure venture capital funding. Its activities are prominently supported by Bitcoin Association – the global industry organisation that works to advance business with the Bitcoin SV blockchain.
Two Hop Ventures general partner Alex Fauvel, said, ‘Vaionex Corporation is a business taking full advantage of Bitcoin’s functionalities, including using it as a tool for educating students from all over the world to build software that interacts with its blockchain. They are a fast and efficient group – releasing two or three stable products in a year would be impressive; Vaionex has managed five, all with an interconnected customer pipeline that helps onboard customers from every level. Two Hop Ventures is proud to be a seed investor in Vaionex and we are excited to see the growth that Robin Kohze and his team have in the works.’
Bitcoin Association Founding President Jimmy Nguyen, adds, ‘Bitcoin Association has been a proud supporter of the Cambridge Metanet Society and the ambitious University of Cambridge students interested in developing applications and services on the massively scaled Bitcoin SV blockchain. We are delighted to see Robin Kohze and some of his fellow Cambridge students putting their Bitcoin knowledge into practice with Vaionex – establishing a viable new business venture with several different products, now backed by venture capital funding. This speaks to the work Bitcoin Association does supporting university and student-led initiatives – taking learning beyond the classroom and using Bitcoin technology to create real businesses with real impact.’