# Indirection Level SRL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/indirection-level

- Industry: Information Services
- Headquarters: Belgium
- Website: www.block0.io
- Total disclosed funding: $0.1M
- Latest round: Seed (Nov 7, 2018)
- Investors on record: 1

## About

Indirection Level SRL, based in Belgium, specializes in blockchain solutions and decentralized technologies, emphasizing innovative approaches to enhance supply chain transparency and efficiency across various industries.Founded in 2017 by Daniel Penninck and Tony Casparro, Indirection Level SRL operates under the brand Block0. The company has engaged in two notable deals since its inception, with its most recent funding round occurring on October 15, 2021, when it raised EUR 0.30 mn in Grant funding from Blockchers. The headquarters is located in Belgium, where it focuses on developing solutions for the blockchain and AI sectors.Block0 is a specialized IT company focusing on blockchain solutions, decentralized technologies, and artificial intelligence. Its core offerings include consulting, prototyping, and management of decentralized and AI-driven products, aimed at enhancing traceability and transparency within supply chains. The company develops tailored solutions for various markets, including logistics, product traceability, and consumer engagement through projects such as the Mango Blockchain and Eternitrace. Block0's services primarily target businesses in sectors such as agri-food, transport, and luxury goods, with a strong focus on the European market, particularly in Belgium, Spain, and France.In its most recent financial year, 2018, Indirection Level SRL reported a revenue of EUR 34,255.80. The company's revenue model is structured around providing consulting services, project management, and training courses, tailored for clients in the blockchain and AI sectors, engaging predominantly in B2B transactions.Indirection Level SRL plans to leverage its recent funding of EUR 0.30 mn raised in October 2021 to further develop its blockchain and AI product offerings, with specific attention to launching new solutions designed to improve supply chain transparency. The company aims to expand its footprint into additional markets in Europe, focusing on regions such as Spain and France by 2023. This strategic funding will also help enhance their existing solutions and support ongoing client engagements.

## Funding rounds

- Seed, Nov 7, 2018, $0.1M — Digitaly Attraxion SA

## Investors

- Digitaly Attraxion SA (https://capitalatlas.ai/funds/digitaly-attraxion-sa) — Seed