June 13 - 10:06
175D
GM backs blockchain startup Spring Labs
Spring Labs has raised $23 million in a fresh funding round. General Motors is among the backers of the blockchain startup. Spring Labs will use the cash to improve its Spring Protocol product while also developing three new anti-fraud products. Other backers in the investment circle included RRE Ventures, Galaxy Digital, Multicoin Capital, The Pritzker Group, and CardWorks.
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