Blockchain insurance technology start-up Igloo announced that it has received an additional investment of US$27 million, and then completed a total of US$46 million in Series B financing. InsuResilience Investment Fund II, WAM, Finnfund, La Maison, and Cathay Innovation of German Development Bank KfW participated in the investment .
It is reported that Igloo was founded in 2016 and is headquartered in Singapore. Its company has launched insurance technology products based on blockchain smart contracts that can automatically calculate claims expenses. It has been promoted and applied in the Vietnamese market. (e27)