Background and Funding Highlights
A Lithuanian tech company, Axiology, has successfully closed its seed funding round, raising €5 million to further develop its blockchain-based solutions.
The round was led by prominent investors including Exponential Science, e2vc, and Coinvest Capital, with participation from new backers TIBAS Ventures and Plug and Play, alongside existing supporters like BSV Ventures and NGL Ventures, bringing the total funding to €7 million.
Technology and Market Positioning
The company has received official approval under the European Union’s Distributed Ledger Technology Pilot Regime, signaling regulatory confidence and positioning Axiology as a rising player in the regional blockchain ecosystem.
Proceeds from the funding will be allocated toward platform development, talent acquisition, and international market expansion, with a focus on scalable and secure blockchain solutions for enterprise use cases.
Looking Ahead
- Enhancing core blockchain infrastructure
- Building strategic enterprise partnerships
- Developing cross-industry applications
As blockchain adoption grows across finance, logistics, and supply chain management, Axiology aims to drive innovation and set benchmarks in the evolving digital economy.