A VC firm, Block26 announced making an investment in Airbitz Inc. and is now the lead investor in the seed round of $1,250,000.
Block26 now joins the board of Airbitz directors. The co-founders, Ni'coel Stark and Pedram Hasid made their first investment in Airbitz citing the start-up's contribution to the Internet of things and financial security.
“Block26 is making its first investment in Airbitz because not only is it the best digital wallet for consumers, it is far more than a wallet,” Stark stated.
Block26, a Los-Angeles VC firm that sees its mission in financing the future of the blockchain technology was founded in June 2015. This is the company's first big announcement. Block26 calls itself “creative investor” and seeks to provide global network of experts to help blockchain start-ups.
http://www.coinfox.info/news/law-and-order/2387-airbitz-receives-450-000-seed-investment-from-block26
