Bird & Bird advises blockchain app developer Tatum on its $41.5m Series A financing round
International law firm Bird & Bird has advised Tatum, a blockchain applications development company, on its $41.5m Series A financing round. The funding will allow Tatum to continue to scale its business which aims to reduce the complexity of creating blockchain-based applications critical to digital finance and Web 3.0.
The investment provides an extra boost on top of the company’s previous financing and includes Evolution Equity Partners as the lead investor, as well as Octopus Ventures, 3VC, Tensor Ventures, Depo Ventures, Leadblock Fund, Circle Holdings, and the founders of Bitpanda.
Tatum is a global company founded in 2018 in the Czech Republic. It’s official headquarters is in London, UK, with a corporate centre located in Miami, Florida and offices around the world. The company has over 90,000 customers, with several blockchain applications both live and in production. After initial investments totalling around $8m, the company quickly developed the platform and attracted customers ranging from Fortune 500 companies to new technology start-ups.
The team was led by Mark Rundall (partner, Corporate), Adam Meisels (senior associate, Corporate) and Francesca Mansell (associate, Corporate).
Mark Rundall, partner in the Corporate practice at Bird & Bird says: “We are proud to once again represent Tatum on their latest funding round and to continue to support them on their journey to revolutionise this space.”
Jiri Kobelka, Tatum's co-founder and CEO says: “We were delighted to work with the Bird & Bird team again. We found their support and pragmatic advice to be invaluable and they greatly assisted us in closing this round within a tight timeframe.”