What does Libraro do?
Libraro is a London-based platform that brings together writers, readers, and publishers while leveraging blockchain technology to protect authorship, prevent copyright infringement, and ensure transparency in ownership and distribution rights. Its innovative Web3 loyalty program enhances engagement and builds trust across its user community.
How much did they raise?
The company received a follow-on investment from Ayre Ventures, with the total investment from this investor reaching £1M since an initial seed round in October 2024. Although the latest investment amount was undisclosed, the commitment from Ayre Ventures underscores strong investor confidence.
What are their plans for the money?
Libraro intends to use the funds to expand its operations and accelerate development efforts. With these enhancements, the company aims to scale its platform, further protect creative works, and broaden its reach among writers, readers, and publishers, potentially reshaping the digital publishing landscape.
What have they achieved so far?
Prior successes include securing initial seed funding and making strategic leadership hires, which have positioned Libraro for rapid growth and ongoing innovation in leveraging blockchain technology for copyright enforcement and digital engagement.
