# Applied Blockchain

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/applied-blockchain

- Industry: Software
- Headquarters: London, UK
- Website: www.appliedblockchain.com/
- Total disclosed funding: $2.9M
- Latest round: Seed (Feb 21, 2020)
- Investors on record: 1

## About

Applied Blockchain Ltd, based in the UK, focuses on providing innovative blockchain solutions for various sectors, enhancing operational efficiency and security through advanced technology.Founded in 2015, Applied Blockchain Ltd specializes in blockchain development and consulting services. The company is headquartered in London, UK, and has completed 3 deals, with its most recent funding round being a Seed round in October 2021, raising GBP 2.25 mn led by QBN Capital. The founders include Adi Ben-Ari, Corney Brith, Kartik Natarajan, and Nicholas Aysi, who have a history of expertise in technology and blockchain.Applied Blockchain specializes in delivering innovative blockchain solutions tailored to various industries such as finance, energy, supply chain, and healthcare. The company’s core offerings include the development of platforms for digital asset management, decentralized finance (DeFi), and enhanced privacy solutions through its Silent Data Services. Collaborations include partnerships with Baanx, MetaMask, and Mastercard to launch a crypto debit card, enabling seamless consumer transactions with digital assets. Applied Blockchain operates in diverse geographical markets, serving established enterprises and startups across Europe, North America, and Asia.Applied Blockchain generates revenue through strategic partnerships and service agreements tailored to its clients' needs. Key revenue streams come from projects involving direct-to-consumer and business-to-business arrangements. Their flagship offerings, including the crypto debit card and a derivative trading platform developed with Shell, contribute significantly to their revenue. The company reported EBITDA of GBP 0 for the year 2022.In October 2021, Applied Blockchain Ltd. received GBP 2.25 mn in funding from the Algorand Foundation. This funding will be used to further develop and integrate the SILENTDATA technology, aimed at transforming access to financing for businesses and individuals. The company is focusing on expanding its operations into new markets, with plans to target additional regions within Europe and North America by 2023, bolstering its presence in these key areas.

## Funding rounds

- Seed, Feb 21, 2020, $2.9M — QBN Capital

## Investors

- QBN Capital (https://capitalatlas.ai/funds/qbn-capital) — Seed