MState blockchain accelerator wins backing from IBM and Comcast
MState has launched a blockchain growth lab focused on scaling early stage start-ups that sell to the enterprise, and has been backed by a number of leading companies.
MState said it will focus on investing in the most promising blockchain companies globally and help them scale successfully with Fortune 500 customers.
“The first wave of killer apps built on blockchain are already growing explosively, Cryptocurrencies built on blockchain like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC) have collectively surged past $500B in market valuation," said MState Co-Founder and CEO Rob Bailey.
“In 2018, we will see a growing number of enterprise blockchain use cases go mainstream from healthcare applications to government, supply chain and retail to the real estate and transportation industries.
“But for most of these use cases to succeed, blockchain start-ups need to be able to engage well with enterprise customers. Our growth lab is going to help make that happen.”
The founding team of Rob Bailey and the partners from Boldstart Ventures have collectively helped scale from inception more than 80 enterprise-focused companies that have raised more than $1bn in capital, had more than 30 exits and 3 IPOs.
Companies that are backing State are:
Comcast Ventures: The venture capital affiliate of Comcast Corporation, which invests in blockchain technology to explore new media models.
IBM: The leader in open-source blockchain solutions built for the enterprise (Source: Juniper Research). Dedicated to supporting the development of openly-governed blockchains, IBM has worked with clients across financial services, supply chains, IoT, risk management, digital rights management and healthcare to drive blockchain adoption in the enterprise.
Galvanize: A technology incubator, venture fund, and coding school with eight campuses around the US.
MState will run a six-month program at Galvanize offices in New York and San Francisco that will focus on helping technical founders with all aspects of their go-to-market strategy, including product development, team building, sales, marketing, finance, business development and customer support.
A core focus will be helping start-ups in the program engage successfully with prospective enterprise customers and partners. MState has already built a network of 30 advisors which include five founders who have successfully built billion-dollar tech companies, as well as a team of 25 CMOs, COOs and CROs.
New speakers announced for Procurement & Supply Chain Live
Two leading executives in supply chain transformation have been confirmed for this year's Procurement & Supply Chain Live event.
Procurement & Supply Chain Live is the perfect opportunity to hear from prominent executives at the world’s leading procurement and supply chain businesses. The event will be streamed live from Tobacco Dock, London via the leading networking platform Brella.
The three-day show, running 28-30 September 2021, is an essential deep dive into the industry, with influential speakers sharing insights and strategies from their organisations, group roundtable discussions, and fireside chats.
We take a look at the latest additions to the already amazing lineup of speakers announced so far, and what they will bring to the flagship event.
VP Global Supply Chain at Macmillan Education Ltd
Shaun Plunkett has over 30 years of supply chain leadership experience in FMCG, entertainment and media sectors, supporting multi-billion euro businesses including Universal Music, EMI, Sony Music, Harper Collins and Associated British Foods. He has a track record of successfully delivering transformational change coupled with award winning operating models and developing and coaching global teams. Plunkett says that challenging the status quo is at the heart of what drives him on a daily basis - and encouraging others to continuously push the boundaries.
Read more about Plunkett’s involvement in Macmillan Education’s supply chain transformation HERE
Digital Transformation Lead, Oracle UK and Board Member, CILT at Macmillan Education Ltd
Vikram Singla is digital transformation director at Oracle, UK. He helps supply chain and finance business leaders leverage technology to deliver meaningful business outcomes for their organisations. He also serves on the board if CILT (Chartered Institute of Logistics and Transport) – UK and is an Honorary Visiting Fellow at Anglian Ruskin University. Singla has more than 25 years’ experience in the technology sector, and in global supply chain transformation, including deploying business transformation programmes for Fortune 500 firms. In his spare time, Singla is a passionate brand ambassador for Cancer Research.
Plunkett and Singla join a growing line-up of speakers, including: Sheri R. Hinish, IBM; Robert Copeland, G4S; Daniel Weise, BCG; Mark Bromley, Mastercard; David Loseby, Rolls Royce; and Ninian Wilson, Vodafone Procurement Company.