SmartLoC provides a cloud platform designed to streamline and digitize B2B payments in international trade, targeting secure and efficient cross-border transaction management. Led by CEO Britta Balden and based in Hamburg, the company leverages IoT, blockchain and AI in its system. The startup plans to use the new funding to advance platform development, expand its team and accelerate its go-to-market strategy. The article identifies the recent financing as a Seed round of €1.8M. No operating metrics (revenue or user counts) were disclosed in the article. The company positions its product as a technology-driven solution for businesses handling cross-border payments.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2024