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BlockTac

The Factory of Trust

Founded 2018 Spain Spain 8 employees Non Equity Assistance Total: $631.00K IT, Information Technology

General Information

Company Name BlockTac
Founded Year 2018
Location Spain Spain
Founders / Decision Makers
Team member Team member
Employees 8
Industries IT, Information Technology
Funding Stage Non Equity Assistance
Social

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About BlockTac

BlockTac is a European startup established in 2018, headquartered in Spain, specializing in providing authentication and anti-counterfeit solutions based on Blockchain technology. The company offers Blockchain certificates, known as “Digital Seals”, primarily catering to Fast-Moving Consumer Goods manufacturers, particularly in the Food & Beverages industry. With a client base across six countries including Spain, the UK, Poland, Colombia, Costa Rica, and Bolivia, BlockTac has issued over four million certificates and seals.

BlockTac is expanding its services beyond the Food & Beverages industry, intending to target other sectors such as perfume, cosmetics, fashion, and luxury items, where verifying authenticity and traceability is crucial. Utilizing QR codes, consumers can easily authenticate products through their mobile devices, ensuring the product's legitimacy or raising a complaint if necessary.

The startup recently received recognition for its innovative approach, obtaining the Seal of Excellence and a Neotec project acknowledgment from the CEDETI. BlockTac received a Non Equity Assistance investment on 01 September 2020, with Newchip Accelerator being the contributing investor.

Notably, BlockTac is venturing into the realm of the Blockchain of Things, aimed at creating autonomous devices that collect and store data in Blockchain, acting as an interface between Blockchain, IoT, and AI. This strategic move positions BlockTac at the forefront of technological convergence, potentially offering groundbreaking solutions in the future.

Business keywords: Blockchain authentication, Anti-counterfeit solutions, FMCG manufacturing, ID cards verification, Medical records security, Artwork authenticity, QR code verification, Product traceability, Blockchain certificates, Consumer goods protection

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance Undisclosed 1
Newchip Accelerator
01 Sep 2020
Grant €250.00K 1
NEOTEC
29 Nov 2019
Equity Crowdfunding £309.57K 1
Crowdcube
28 Nov 2019
Grant $71.43K 1
EASME - EU Executive Agency for SMEs
01 Jan 2019

BlockTac Alternatives & Competitors

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FAQ About BlockTac

The Factory of Trust
BlockTac was founded in 2018.
BlockTac is headquartered in Spain.
BlockTac operates in IT and Information Technology. Its work centres on Blockchain authentication, Anti-counterfeit solutions, FMCG manufacturing and ID cards verification.
BlockTac has approximately 8 employees.
BlockTac has completed 4 funding rounds, raising a total of $631.00K. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to BlockTac include UCOT Australia Pty Ltd, AlpVision, KaiosID. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BlockTac and UCOT Australia Pty Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for BlockTac, https://bouncewatch.com/company/blocktac, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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