HomeUKOpenOrigins Raises $4.5M in Funding

OpenOrigins Raises $4.5M in Funding

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OpenOrogins

OpenOrogins, a London, UK-based company founded to protect content authenticity through its provenance focused blockchain, raised $4.5M in funding.

The round was led by Galaxy Interactive with participation from Galaxy Ventures and existing investor Unbound.

The company intends to use the funds to expand operations and its development efforts.

Led by Dr. Manny Ahmed, and Ari Abelson, OpenOrigins proves the authenticity of media by enabling companies to secure or anchor genuine content on its provenance-built blockchain to protect against manipulation whilst providing access for the protected media to be accessed and distributed, and allowing anybody to look up content origins for themselves. The company’s custom-built blockchain, anchoring solutions, and real-time camera-capture technologies protect and prove the authenticity of images and videos, providing a way for people, companies, and governments to reliably operate on fact, not fiction.

FinSMEs

31/10/2024

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