The financing round was led by Notion Capital and Mercury Fund to accelerate go-to-market and product development.
"Notion and Mercury are exceptional B2B investors with a strong track record of backing category-defining companies, and we’re thrilled to partner with them. Combined with a16z’s leadership, and Albion and CMCC’s deep expertise, we have the network, experience, and momentum to scale globally and help unlock access to dollar-based savings for individuals historically outside the reach of traditional financial systems."
The funding will support engineering growth and artificial intelligence development as global demand for secure operational tools increases.
"Being unable to verify if a person can be trusted, if a task has been completed or work out how to pay them has been preventing successful humanitarian, aid and military missions for too long. Yet solving the issues has historically been considered too complex and too difficult, leaving organisations stuck using disparate and insecure platforms. We created Labrys to solve these tough workforce and team coordination problems in logistics, risk and humanitarian crisis response and we’ve built a talented team to tackle the hardest technical problems in this space. We’re delighted to be backed by investors who understand this mission and want to build the future of trusted infrastructure right alongside us."
The pre-seed round was led by Hivemind Capital with backing from Techstars, IronKey Capital, and several industry founders.
"For instance the OP Foundation could run testnets supporting Base, Ink, LayerZero, EigenLayer and Chainlink, leveraging Bloctopus infrastructure to advance the Superchain interoperability"
The investment was led by MMC Ventures and will fund team expansion and product development.
"The digital asset landscape is evolving rapidly, with top-tier market makers redefining execution speed and efficiency. As a result, demand for advanced trading tools is increasing . ABEX is committed to levelling the playing field for buy-side clients by providing cutting-edge, research-driven execution algorithms. This funding enables us to continue enhancing our technology, scaling our team, and delivering best-in-class solutions for institutional traders."