Blackbird Labs Raises AUD 37m

Blackbird Labs, Inc. raises AUD 37m for a blockchain loyalty platform in Australia, as Liven expands and Me&u merges with Mr Yum.

October 9, 2023

A photo of the author - Simon Rowles
Simon Rowles
Founder, CEO

Blackbird Labs, Inc. Initiates Blockchain Loyalty Platform with a Boost of AUD 37m

US-based Blackbird Labs, Inc. has successfully secured AUD 37m funding to develop a blockchain-based loyalty platform, primarily targeting restaurant businesses in Australia.

Growth and Mergers in the Hospitality Sector

In related developments within the Australian hospitality sector, Liven, a company established following an Initial Coin Offering (ICO), bolstered its market presence with four acquisitions in July. Additionally, hospitality and loyalty applications Me&u and Mr Yum have recently merged, signaling further consolidation in the industry.