Topl raised $15 million in a Series A round to help companies track and monetize their social impact initiatives.
Topl raised $15 million in a Series A round to help companies track and monetize their social impact initiatives . Mercury, Republic Asia and Cryptology Asset Group jointly led the tour .
Launched in 2017 by Christopher Georgen, James Aman, and Kim Raath, Topl monitors and monitors every step in an organization’s supply chain, enabling companies to demonstrate their ethical and sustainable practices. Founding the blockchain ecosystem in 2018, Topl helps companies how to work on blockchain.
Topl founder Christopher Georgen says the company will go in three main directions on its roadmap, according to TechCrunch ‘s report. The first is decentralization. It is stated that if this happens, community management will be easier. The other two aspects will consist of the launch of new blockchain-powered products, a traceability-as-a-service application that will launch next month, and a registry application for carbon credits to be released.
Georgen says the company has been working with clients using blockchain technology for a variety of things, from sustainability-focused startups to actionable apps where you can earn carbon credits by cycling to work instead of driving.
Topl aims to have between 40 and 50 projects in its blockchain ecosystem by the end of the year. Headquartered in Houston, Topl wants to add new talents to its team over the next 12 months with the new investment it has received.