business
London-based LO:TECH lands $12M Series A led by MMC
London-based LO:TECH raises $12M Series A led by MMC, with Faction and 13 Books Capital participating
Key points
- LO:TECH has raised $12 million in a Series A round led by MMC.
- Existing investors Faction and 13 Books Capital took part, alongside Atka.
- The firm develops trading infrastructure designed to operate continuously across venues and asset classes.
Why it matters. The funding supports trading infrastructure that LO:TECH is building to run continuously across traditional, digital asset and prediction markets.
London-based LO:TECH has raised $12 million in a Series A funding round led by MMC, with participation from existing investors Faction and 13 Books Capital, alongside Atka. The capital markets firm was founded by Tim Meggs as CEO and Marcus Horsley as CTO, and develops trading infrastructure designed to run continuously across venues and asset classes. That infrastructure covers traditional financial markets, digital assets and prediction markets.
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London-based LO:TECH lands $12M Series A led by MMC
London-based LO:TECH, a capital markets firm built for round-the-clock andonchain markets, has raised $12 million in a Series A funding round led by MMC,with participation from existing investors Fact... London-based LO:TECH, a capital markets firm built for round-the-clock and onchain markets, has raised $12 million in a Series A funding round led by MMC, with participation from existing investors Faction and 13 Books Capital, alongside Atka.Founded by Tim Meggs (CEO) and Marcus Horsley (CTO), LO:TECH develops trading infrastructure designed to operate continuously across different venues and asset classes, including traditional financial markets, digital assets and prediction markets.Traditional….