Topl, the blockchain ecosystem built to prove a company's ethical and sustainable practices, today officially announced the closing of $3 million in seed funding led by Mercury Fund.

Additional investors in the round include GOOSE Capital, Chingona Ventures, Beni Venture Capital, Blue Collective, RevTech Ventures and Social Impact Capital. Topl has now raised $4.4 million in total venture capital funding since its founding in 2017.

Topl is an ESG technology company developing a purpose-built blockchain ecosystem to prove a company's ethical and sustainable business practices. Founded in 2017, Topl empowers companies to drastically cut operational and certification costs, through the use of their purpose-built blockchain technology. The company will expand its offering to include a new Blockchain-as-a-Service (BaaS) solution in early 2021, allowing its customers and technology partners 'two clicks' to gain off-the-shelf access to the Topl Blockchain. Topl employs a diverse team and centers ESG as one of their core values, utilizing the UN's 17 Sustainable Development Goals (SDGs) as a guidepost. www.topl.co