LO:TECH raises $12M in Series A led by MMC for US and Asia-Pacific expansion. The London-based capital markets firm will use funds to grow execution services and pursue regulatory licenses.
Amount Raised
$12 Million
Round Type
Series A
LondonFinancial ServicesInvestors
Description
LO:TECH has closed a $12 million Series A funding round led by MMC to support its geographic expansion into the US and Asia-Pacific markets. Existing investors Faction and 13 Books Capital participated in the round alongside new investor Atka. The capital will fund the growth of LO:TECH's execution services for institutional clients and support expansion into New York and Singapore. The firm operates infrastructure for trading across traditional, digital, and prediction markets with round-the-clock access.
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Funding Insights
What this usually meansLO:TECH 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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