# Blocktorch UG

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blocktorch

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.blocktorch.xyz
- Total disclosed funding: $4.2M
- Latest round: Seed (May 9, 2023)
- Investors on record: 5

## About

Based in Berlin, Germany, and founded in 2022 by its CEO, Gerald Pollak, and CTO, Amine Afia, Blocktorch UG, operates as a blockchain-based technology company that offers monitoring and visualization solutions. In May 2023, Blocktorch UG raised USD 4.20 million in seed funding led by IDEO CoLab Ventures, with participation from Alchemy Ventures, Entrepreneur First, Rockaway, and Speedinvest.

The company offers a web3 observability platform that provides end-to-end insights used for real-time tracing, logging, and monitoring. The company’s digital platform is used for analyzing various decentralized application metrics, including query logs, traces, chains, blocks, transactions, and gas fees.

The company plans to use the May 2023 funding to grow its engineering and commercial teams.

## Funding rounds

- Seed, May 9, 2023, $4.2M — Speedinvest, Rockaway, Entrepreneur First, IDEO CoLab Ventures, Alchemy Ventures

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Rockaway (https://capitalatlas.ai/funds/rockaway) — Seed
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- IDEO CoLab Ventures (https://capitalatlas.ai/funds/ideo-colab-ventures) — Seed
- Alchemy Ventures — Seed