Analysis

Blockchain startup Fluree, already building a distributed data management platform to boost the U.S. Air Force’s decision-making prowess, has raised $2.5 million in additional funding from its venture capital backers.

The fresh capital pushes Fluree Public Benefit Corporation’s total seed funding to $6.5 million. It also unlocks a $1.5 million defense contract pledged as matching funds through the U.S. Air Force’s Small Business Innovation Research (SBIR) program, said Fluree communications manager Kevin Doubleday.

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