According to Tech Funding News, Belgium-based enterprise-level blockchain platform SettleMint has completed a €16 million ($1,554) Series A round led by Molten Ventures, with OTB Ventures, Fujitsu Ventures, Allusion and Bloccelerate as well as existing investors. Medici Ventures and others participated in the investment. SettleMint works by allowing developers to build Web3 products and focus on the end product business use case rather than the underlying complex blockchain infrastructure. SettleMint was founded in Leuven, Belgium in 2016 by Matthew Van Niekerk and Roderick van der Veer to help businesses build blockchain applications with existing development teams.