Atlantic Merchant Capital backs blockchain company Symbiont

Investing | July 27, 2015 By:

Atlantic Merchant Capital Investors announced that it has invested in a blockchain starup Symbiont.

Allan Martin, Atlantic Merchant Capital Investors CEO said, “We are very excited to have the opportunity to back Mark Smith and his executive team in this exciting financial technology venture. We think the company’s technology suite and IP will provide the industry with valuable solutions across a wide spectrum of assets.”

Atlantic Merchant Capital’s portfolio comprises of businesses mainly in the financial services industry located in its home state of Florida, but the firm has invested in businesses from all over the United States and in many industries.

Mark Smith, CEO of Symbiont added, “The team at Symbiont is enthusiastic about our new capital partnership with Celeridem and Atlantic. The capital they and other investors have provided will allow us to deliver production technology and clear the way to a Series A round later this year.”

Atlantic Merchant Capital Investors is a private merchant bank focused on the origination of proprietary private equity transactions.