Octaneum provides customized blockchain software development and consulting services for organizations in the oil and gas sector. The company launched a security token offering and secured a $4 million investment from LDJ Cayman Fund. Octaneum says it will combine blockchain technology with machine learning to boost efficiency and reduce costs in oil and gas operations. It is targeting the global petroleum market, which the article cites as a roughly $5 trillion opportunity. David Drake, Founder and Chairman of LDJ Capital and Principal of LDJ Cayman Fund, sits on Octaneum’s board of advisors. The company positions itself to fit within crypto-asset investment allocations of family offices and institutional investors.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2018