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Hata Digital Sdn Bhd raised $4.2 million in a seed funding round led by Castle Island Ventures to expand into new products and acquire users in Asia.

PRIVATEOct 21, 2024

Amount Raised

$4.2 Million

Round Type

Seed

Kuala LumpurFinancial ServicesFintechBlockchain

Investors

Plug And PlayCadenza VentureBybitAP CapitalAlliance.XyzCastle Island Ventures

Description

Hata Digital Sdn Bhd, a licensed digital asset exchange, secured US$4.2 million in seed funding to enhance its product offerings and user acquisition in the Asia region. The round saw participation from several notable investors, including Castle Island Ventures and Cadenza Venture.

Quick answer

Hata Digital Sdn Bhd raised $4.2 Million in a Seed round, dated October 21, 2024. Investors: Plug And Play, Cadenza Venture, Bybit, AP Capital, Alliance.Xyz and Castle Island Ventures. Hata Digital Sdn Bhd is based in Kuala Lumpur, Kuala Lumpur, Malaysia.

How much did Hata Digital Sdn Bhd raise?
Hata Digital Sdn Bhd raised $4.2 Million in a Seed round on October 21, 2024.
Who invested in Hata Digital Sdn Bhd?
Plug And Play, Cadenza Venture, Bybit, AP Capital, Alliance.Xyz and Castle Island Ventures are named as investors in this round.
What does Hata Digital Sdn Bhd do?
Hata Digital Sdn Bhd is the fifth licensed digital asset exchange (DAX) in Malaysia.
Where is Hata Digital Sdn Bhd based and how big is it?
Hata Digital Sdn Bhd is based in Kuala Lumpur, Kuala Lumpur, Malaysia. Fundz records about 34 employees.
Who are the decision-makers at Hata Digital Sdn Bhd?
Fundz holds 1 contact at Hata Digital Sdn Bhd, including the Head of Business Development and Partnerships. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Hata Digital Sdn Bhd that raised within 45 days of this round, from Fundz verified event records.

  • Bleap raised $2.3M (Pre-Seed) on November 28, 2024.
  • Partior raised $80M (Series B) on November 27, 2024.
  • OpenTrade raised $4M (Seed) on November 27, 2024.
  • Tranched raised $3.4M (Pre-Seed) on November 12, 2024.
  • Borderless.xyz raised $3M (Pre-Seed) on October 23, 2024.
  • Hermetica raised $1.7M (Seed) on October 16, 2024.

Who to call at Hata Digital Sdn Bhd, and when

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Company Information

Company

Hata Digital Sdn Bhd

Location

Kuala Lumpur, Kuala Lumpur, Malaysia

About

Hata Digital Sdn Bhd is the fifth licensed digital asset exchange (DAX) in Malaysia. It aims to expand into new products and acquire users in the Asia region. The company focuses on empowering users to confidently navigate the digital asset market. With strong backing from institutional investors, Hata is committed to innovation in the digital finance sector.

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Related People

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Verified contactsJustin H., Head of Business Development and Partne…See plans and pricing
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Hata Digital Sdn Bhd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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