Fence — Pre-seed · €1.8M

Madrid fintech Fence, which uses blockchain smart contracts to automate debt and asset-financing operations, raised an oversubscribed €1.8M pre-seed round (around €4M in commitments) led by Semantic.vc, with Crane Earth, Actyus and business angels including founders of Cobee, Wallapop and Glovo. Funds go to product development and European expansion.