Quantinium Inc. Secures $4M in Seed Round Funding Through Blockchange VC

West Palm Beach, Florida Quantinium, Inc.

April 21st, 2024 Quantinium, a leading technology company leveraging blockchain technology to provide decentralized Wi-Fi services, has successfully closed a $4 million seed funding round with Blockchange VC. This funding event follows a significant contract with real estate investment magnate Lynd Living that will be cover 1M+ households when fully ramped and generate $216M ARR for Quantinium for 10 years, further cementing Quantinium's prominent position in the emerging DePin connectivity sector and signaling its potential to reshape the global telecommunications industry.

Blockchange, a prominent venture capital group known for its strategic investments in innovative blockchain projects, joins DePin-focused VC Escape Velocity as backers of the new project, citing excitement about its implications for commercial and residential real estate. This latest infusion of capital further validates Quantinium's disruptive approach to telecommunications and underscores the growing confidence among investors in the company's vision. 

Quantinium CEO Addiel Lopez comments,

“Quantinium is a combination of Web2 and Web3 principles, which means it can be difficult for a traditional investor to grasp the blockchain technology and for Web3 investors to recognize the more traditional parts of the model. It was apparent very early that Blockchange understood what we were trying to build, saw how we were bridging the gap between large industries, and recognized how essential every component of the business was to its execution. They asked all the right questions, tugged on all the loose threads, gave us excellent advice, and immediately shared their enthusiasm and support. That relationship is full of open doors and we are eager to work with their talented team going forward.”

Unlike traditional telecommunications providers, Quantinium leverages the inherent advantages of blockchain technology to benefit consumers. These benefits include enhanced security, transparency, and decentralization to achieve an increase in Wi-Fi speed, reliability, and range, with a drastic decrease in price and energy expenditures. The model is already being applied to thousands of residential properties throughout the United States, increasing performance for consumers, and providing additional revenue for property owners. These enhanced networks are open but secure, creating a global mesh network, which will eventually be accessible to everyone.

Blockchange VC's decision to invest in Quantinium reflects its track record of success in the emergent technology space. With a diverse portfolio of investments spanning various sectors, including finance, healthcare, and logistics, Blockchange VC has established itself as a leader in identifying and nurturing groundbreaking blockchain projects. Their stamp of approval is a potent signal that this emergent network model has the support it needs for mass adoption.

The partnership between Quantinium and Blockchange VC holds immense promise for the future of decentralized connectivity, paving the way for new technological advancements in the telecommunications industry. As the demand for secure and reliable WiFi services and integrations continues to grow, Quantinium is poised to lead the charge in delivering innovative solutions that redefine how we connect and communicate.

About Quantinium

Quantinium, is a disruptive Florida-based tech startup, whose blockchain-enabled and global Wi-Fi service sits at the bleeding edge of telecommunications innovation. By utilizing a decentralized web3 infrastructure, Quantinium seamlessly unites internet providers and consumers worldwide, removing barriers and fostering a unified global network.

About Blockchange

Blockchange Ventures is a blockchain-specialized venture capital firm focused on identifying and supporting emergent blockchain technologies and digital assets. Blockchange funds early-stage startups with transformative applications across various sectors, catalyzing the advancement of decentralized solutions and shaping the future of business and technology.

For more information, please visit: blockchange.vc