Maven 11 joins funding round Bloxroute Labs

18 June 2019

Dutch investment firm Maven 11 Capital is excited to announce their participation in the latest funding round of Bloxroute Labs. Bloxroute is a US-based blockchain startup that aims to solve the scalability bottleneck of blockchain technology at its core by increasing the speed of transmitting information among miners. Other notable investors in Bloxroute include Coinbase Ventures, Pantera Capital, and Fenbushi Capital.

Balder Bomans, Director Investment & Trading at Maven 11 on the deal: “Bloxroute is aiming to improve blockchain networks at the most fundamental layer and is therefore a perfect fit to our portfolio. We learned this team is extremely knowledgeable and up to this task. This is one of the most anticipated projects in our space and we’re proud that Bloxroute has selected us as their European partner, alongside strong partners in the US and Asia”.

In this investment round selecting the right partners was our main priority and we are very happy Maven 11 joined us”, says Uri Klarman, CEO of Bloxroute Labs. “During our conversations we were impressed with the amount of research Maven 11 had done and are looking forward to working together on solving the scalability bottleneck.”

About Maven 11

Maven 11 is an Amsterdam based investment firm solely focused on DLT / blockchain tech related ventures, tokens, and digital assets. Through its vast global network Maven 11 is able to invest in best in class early stage blockchain companies. In 2017 Maven 11 launched its first fund which is backed by family offices and professional investors. Please contact of + 31 6 24302667 for more information.

As a fund manager Maven 11 and its Funds are registered under the Alternative Investment Fund Managers Directive (AIFMD) registration/light regime with the Netherlands Authority for the Financial Markets (AFM).