Tech funding: Cherre, DrumG Technologies, PingCAP

Cherre, DrumG Technologies, PingCAP, among others, have announced their tech funding to speed up growth.
Dollar spending on technology

Cherre, a real estate data platform, has closed $9 million seed funding round led by Navitas Capital. In addition to Navitas Capital, the funding round was also joined by Carthona Capital, iLOOKABOUT, Dreamit Ventures, and Red Swan Ventures. Pre-seed investors in Cherre include Recursive Ventures, Sarona Ventures, Wharton Angel Group, Harvard Angel Group, New York Angels and Angel Investor Forum.

DrumG Technologies

DrumG Technologies, a financial technology, announces a $6.5-million Series A minority investment from global blockchain company ConsenSys. ConsenSys is the sole investor in this funding round.


PingCAP, a distributed database company, announced $50 million Series C funding round led by FOSUN and Morningside Venture Capital. All previous investors — China Growth Capital, Yunqi Partners, Matrix Partners China, and others — have also participated in this round.


TEMCO, a Korean start-up preparing supply chain based on bitcoin (RSK), has secured institutional investment from Korea Investment Partners (KIP).