London based blockchain network raised $100m in Series A funding from SRAM & MRAM.
"We are on a mission to embed sustainability into blockchain and shift the current paradigm from 'for-profit' to 'for-benefit'. The 5ire team has worked round-the-clock to develop a platform that combines both technology and processes for the benefit of humankind. We are humbled by the trust shown in 5ire by the SRAM & MRAM group and thrilled to find a partner who also wants to promote the transition of the world from the fourth industrial revolution to the fifth industrial revolution," said Pratik Gauri, CEO and founder, 5ire.