SDAX raised $50 million in a Series B2 funding round led by Muscat Precious Metals Refining Company LLC to expand operations across Asia and the GCC region.
Sep 10, 2024•over 1 year ago
Amount Raised
$50 Million
Round Type
series b
Investors
Muscat Precious Metals Refining Company Llc
Description
SDAX has secured $50 million in its Series B2 funding round, led by MPMR. The funds will support the company's expansion plans in Asia and the GCC, including launching a digital asset exchange in Oman.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech