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LO:TECH raises $12M Series A led by MMC for 24/7 market making

2 reports2 report sources2 hours agoUpdate

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London-based LO:TECH, which builds trading infrastructure for round-the-clock and onchain markets, raised a $12M Series A led by MMC. Existing investors Faction and 13 Books Capital participated, alongside Atka. The company says the capital will fund expansion into New York and Singapore and broaden its execution services for institutional clients. LO:TECH says it will pursue regulatory authorization in each market it enters, including exploring US licensing options, while launching those services, so licensing would follow the product launch rather than precede it.

AI-generated from reports · 48 minutes agoUpdate

Latest updatesNov 2 22:15
London-based LO:TECH raises $12M Series A led by MMC

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Nov 2
  1. Tech.euTop Deals
    London-based LO:TECH raises $12M Series A led by MMC

    London-based LO:TECH, which builds trading infrastructure for round-the-clock and onchain markets.

  2. Tech Funding NewsTop Deals
    LO:TECH raises $12M Series A led by MMC for 24/7 market making

    LO:TECH, a London-based high-frequency trading and market-making firm, raised $12M in a Series A led by MMC.

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