Sooho.io, a provider of decentralised finance (DeFi) services, has raised $4.5 million to help forge links between separate blockchains in its native South Korea.
Woori Technology Investment led the Series A+ funding round, the company said in an email Tuesday. It extends a $4.5 million Series A funding round completed earlier this year.
The funds will be used by the Seoul-based company, whose clients include Samsung and LG, to develop a variety of blockchain tools, such as software development kits (SDKs) and application programming interface (APIs) for setting up DeFi infrastructure and forging bridges between independent blockchains in South Korea and internationally.
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