Blockchain startup SIMBA Chain raises $ 1.5 million in seed round funding

According to The Block, blockchain startup SIMBA Chain has raised $ 1.5 million in seed funding. SIMBA Chain announced on Monday that this round of financing has attracted the participation of Elevate Ventures, First Source Capital and other individual angel investors. The startup provides a platform to help businesses and governments deploy distributed applications "quickly." Earlier news, the US Air Force chose smart contract startup SIMBA Chain to provide blockchain technology to ensure the security of its supply chain.