Gründerfonds Ruhr invests in Spherity

Mar 22, 2022

Essen, 22 March 2022 – Spherity is proud to announce that Gründerfonds Ruhr has joined our latest investment round alongside our existing investors, High Tech Gründerfonds and SeedCapital Dortmund. With Gründerfonds Ruhr as a trusted partner, we will get solid business expertise and industry access from various paramount international cooperations. We will use the investment to strengthen our work in decentralized identity management and enable secure and trusted business and supply chain operations.

Credentializing the world – spherity.com

Jan Gräfe, Managing Director of Gründerfonds Ruhr, said: “Spherity is a pioneer in the field of decentralized identity management software and well-positioned in a market that is just about to take off. Hence, we are delighted to join the greater team of Spherity and become part of this exciting journey.”

“We’ve been following Spherity for a while but were impressed to realize how advanced they are with their product rollout and U.S. efforts. The Spherity team led by Carsten and Michael has done a great job so far with the best yet to come,” added Thorsten Reuter, Managing Director of Gründerfonds Ruhr.

“We are very grateful to have Gründerfonds Ruhr by our side. Their strong network will help accelerate the development of our interoperable, blockchain-agnostic identity cloud services”, said Dr. Michael Rüther, CFO & COO of Spherity.

The investment drives our commitment to deploy technological innovations in various industries, from pharma, life sciences to energy.

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