# Cere Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cere-network

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.cere.network
- Total disclosed funding: $3.5M
- Latest round: Seed (Aug 20, 2019)
- Investors on record: 11

## About

Based in the US, Cere Network is a blockchain company that develops decentralized data solutions, enhancing data management through secure and efficient resource mobilization across various sectors.Founded in 2019 in Berlin, Germany, Cere Network specializes in decentralized data solutions. The company raised USD 5.00 mn in a funding round on March 29, 2021, led by Republic Capital, along with participation from investors such as G1 Venture Capital and LedgerPrime. Fred Jin serves as the CEO, with co-founders Ian Duggan and Kenzi Wang.Cere Network specializes in creating decentralized data solutions that facilitate the mobilization of computing resources across various sectors. Their core offerings include a suite of products designed to power and secure fully autonomous and sovereign data clusters, addressing the growing demand for privacy-oriented data management. Targeted primarily at enterprises, Cere's technology spans several industries including finance, healthcare, and supply chain management, emphasizing data integrity and sovereignty.Cere Network generates revenue primarily through subscription-based models and partnerships with enterprise clients. Their flagship products operate on a tiered pricing structure that allows businesses to select plans tailored to their data processing needs. These arrangements often include direct contracts with organizations, ensuring ongoing support and updates as part of the service, focusing on compliance and data security.Cere Network plans to utilize the USD 5.00 mn raised in March 2021 to enhance its decentralized data cloud and develop its open data marketplace, which facilitates trustless data-sharing among businesses and data specialists. The company is targeting expansion into additional markets in North America and Europe, with a particular focus on enhancing its offerings in sectors requiring stringent data governance. Upcoming product launches are anticipated to further enhance Cere’s capabilities in decentralized data management.

## Funding rounds

- Seed, Aug 20, 2019, $3.5M — Fenbushi Capital, Arrington Capital, Alphabit, Kenetic Capital, NEO Global Capital, Republic, Kosmos Ventures, Block VC, YZi Labs, Monday Capital, Pre Angel Fund

## Investors

- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Seed
- Arrington Capital — Seed
- Alphabit (https://capitalatlas.ai/funds/alphabit) — Seed
- Kenetic Capital (https://capitalatlas.ai/funds/kenetic-capital) — Seed
- NEO Global Capital — Seed
- Republic — Seed
- Kosmos Ventures (https://capitalatlas.ai/funds/kosmos-ventures) — Seed
- Block VC — Seed
- YZi Labs (https://capitalatlas.ai/funds/yzi-labs) — Seed
- Monday Capital (https://capitalatlas.ai/funds/monday-capital) — Seed
- Pre Angel Fund — Seed