X10 raised $6.5M in a seed funding led by Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, and Cyber Fund to build a new kind of crypto exchange that combines a Revolut-like user experience with self-custody of funds.
Apr 30, 2024•over 1 year ago
Amount Raised
$6.5 Million
Round Type
seed
Investors
LidoRevolutCyber FundStarkwareCherry VenturesSemantic VenturesTioga Capital
Description
UK-headquartered X10, a hybrid crypto exchange, has raised $6.5 million in funding from Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, and Cyber Fund, as well as notable angels such as executives from Revolut and the founder of Lido, Konstantin Lomashuk. The funding will be used to build a new kind of crypto exchange that combines a Revolut-like user experience with self-custody of funds.
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