Finboot is pleased to announce that it has been recognised as one of Europe’s 25 most promising Deep Tech growth companies by the Tech Tour and the International Venture Club. Finboot is the SaaS company behind MARCO, a unique, enterprise-grade suite of blockchain applications and middleware solutions for value and supply chains.

This year’s Summit, which took place on 15 and 16 October in London, covered a range of breakthrough technologies, including autonomous systems, robotics, AI, IoT, cyber-security, big-data, blockchain, 3D printing, space, hardware and electronics, and other IP-driven solutions enabling digital transformation across multiple industries.

All companies attending the Deep Tech Summit 2019 were carefully chosen by a Selection Committee made up of leading financial and corporate venture capitalists. The Committee members were responsible for nominating over 200 companies, with the best 25 invited to attend and present at the Summit.

Finboot Chairman and Co-Founder Nish Kotecha attended the event along with CEO & Co-Founder Juan Miguel Perez. Nish served as an industry expert during one of the company presentation sessions, while Juan presented Finboot’s offering to attendees.

Nish Kotecha commented: “We are honoured to have been selected as one of Deep Tech Summit’s 25 most promising growth companies in Europe. Finboot has gathered real momentum in the past year, establishing itself as a leader in the fast-growing enterprise blockchain industry, and we were pleased to recently announce new contracts with energy giant Repsol and Minexx from the mining sector. Our flagship product MARCO delivers blockchain capability simply and effectively within value and supply chains globally, and we look forward to helping even more companies cut costs and enhance processes in the coming months and years.”

James Burnham, Senior Adviser at Tech Tour, said: “Blockchain enabled solutions have huge potential to transform industries, providing both trust and truth across the trillions of transactions that take place every day. Much of this potential is yet to be realised, confined to the papers of consultants’ reports or ICO white papers, where the need for the use of blockchain is questionable.  Many professional investors have also shied away from the “hype”. Finboot is the only blockchain company selected this year, precisely because they have a proven model, which is already delivering. We expect to see them go from strength to strength.”