# SettleMint NV

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

- Industry: Software
- Headquarters: Leuven, Belgium
- Website: www.settlemint.com
- Total disclosed funding: $15M
- Latest round: Series A (Oct 26, 2022)
- Investors on record: 6

## About

SettleMint NV is a blockchain development platform that enables organizations to quickly deploy digital asset solutions across industries, including finance, supply chain, and retail.Founded in 2016, SettleMint NV operates from Leuven, Belgium, focusing on simplifying blockchain development for enterprises. The company has completed four deals, with its most recent funding round being Series A, raising EUR 16.000 mn on October 11, 2022, led by Molten Ventures and OTB Ventures, among other investors. Matthew Van Niekerk serves as CEO, contributing to the company's strategic direction and operations.SettleMint specializes in a comprehensive blockchain development platform that facilitates rapid deployment of digital asset solutions. Its core offerings include the Asset Tokenization Kit, which assists organizations in creating and managing digital asset platforms through smart contracts and user interfaces. This platform supports applications like stablecoins, tokenized securities, and loyalty points across various sectors, including finance, supply chain, and retail, with a global clientele in Europe, North America, and Asia.SettleMint generates revenue through subscription models and partnerships with enterprise clients, charging fees for asset tokenization and custom application development. Their pricing strategy accommodates diverse business needs, ensuring scalable solutions. The Asset Tokenization Kit remains central to their revenue model, driving engagement with organizations requiring secure digital asset management. In the most recent fiscal year, the company's EBITDA amounted to EUR -5,085,649.10.With the EUR 16.000 mn raised in Series A funding on October 11, 2022, SettleMint aims to solidify its position in current markets and expand internationally. The company plans to introduce new products designed to enhance blockchain solutions by targeting specific markets in Europe and Asia for expansion by late 2024. This funding will support operations and development initiatives to maintain competitive advantages and meet growing demand in blockchain technology.

## Funding rounds

- Series A, Oct 26, 2022, $15M — Molten Ventures, Pelion Venture Partners, OTB Ventures, Bloccelerate VC, Fujitsu Ventures, Allusion One
- Seed, Nov 7, 2016 — Pelion Venture Partners

## Investors

- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Seed, Series A
- Molten Ventures (https://capitalatlas.ai/funds/molten-ventures) — Series A
- OTB Ventures (https://capitalatlas.ai/funds/otb-ventures) — Series A
- Bloccelerate VC (https://capitalatlas.ai/funds/bloccelerate-vc) — Series A
- Fujitsu Ventures (https://capitalatlas.ai/funds/fujitsu-ventures) — Series A
- Allusion One — Series A