Description of the portfolio company
Cense, headquartered in Baar, Switzerland, with an additional office in the Netherlands, provides compliance automation solutions for the financial sector. Established as a spin-off from Glassnode in 2023, a leading provider of blockchain data and intelligence services, Cense enables banks, financial institutions, and law enforcement agencies to assess, onboard, and manage crypto asset users in accordance with stringent AML/CFT requirements, including the European MiCAR regulation.
Investment rationale
Rabo Corporate Venturing, part of Rabo Investments, participated in the seed funding round of Cense AG alongside Giesecke + Devrient Ventures. The proceeds from this funding round will support the company’s continued expansion across Europe and the further development of its compliance automation platform. This platform enables financial institutions to efficiently onboard and monitor digital asset users while complying with evolving AML/CFT regulatory requirements, including the European MiCAR framework.
