Metal raises nearly $50M in seed round led by Airwallex and Capital 49 to build infrastructure for tokenized financial products and stablecoin payments.
PRIVATEOct 04, 2026
Amount Raised
$50 Million
Round Type
Seed
New YorkInformation TechnologySoftwareArtificial IntelligenceMachine Learning
Investors
Capital 49Airwallex
Description
Metal, a company building infrastructure for tokenized financial products and stablecoin payments, raised nearly $50 million in its seed funding round. The round was led by Airwallex and its venture capital arm, Capital 49, as joint leads. Co-founded by Melbourne-based entrepreneur Loong Wang and former Meta executive Catherine Porter, Metal is expanding its presence in the United States market. The funding will support the company's development of blockchain-based financial infrastructure.
Company Information
Company
Metal
Location
New York, New York, United States
About
Metal is a NYC-based provider of an AI platform designed for private market investors. The platform enhances research, screening, and diligence by leveraging AI to provide better insights faster. It takes a data-first approach to address fragmentation challenges in investment teams, creating a unified system that maps institutional knowledge. The company collaborates with leading firms to advance its offerings.
Fundz sees it the moment Metal raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.