LO:TECH Series A funding brings in $12 million for US, Asia-Pacific expansion

Image: The Cryptonomist
LO:TECH has raised $12 million in Series A funding led by MMC to expand into the US and Asia-Pacific and grow its execution services for institutional clients. The London-based capital markets firm is building a business around trading that runs across traditional, digital and prediction markets, with infrastructure designed for round-the-clock access. Key takeaways MMC led the round, with Faction, 13 Books Capital and Atka participating. LO:TECH’s expansion plans include New York and Singapore. The firm is exploring US licences alongside its execution-services rollout. LO:TECH’s Series A funding brings backing from MMC and returning investors MMC led LO:TECH’s Series A funding round , while existing investors Faction and 13 Books Capital participated alongside Atka.
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