SmartLoC a blockchain payment solution secures 180 euros in funding

SmartLoC, a B2B payment solution based on blockchain and AI, has announced the completion of a 180 million Euro financing round. The round was led by High-Tech Gründerfonds (HTGF), with participation from Loggerhead-Ventures, MBG Mittelständische Beteiligungsgesellschaft Schleswig-Holstein mbH, and several angel investors. SmartLoC focuses on optimizing the way businesses conduct financial transactions globally using technologies such as IoT, blockchain, and artificial intelligence. The new funding will accelerate its market entry strategy.