Portfolio
2
companies
Low Observable Technology
Low Observable Technology provides liquidity and trading solutions for digital asset markets.
Archax
Archax operates a regulated digital asset exchange, brokerage and custodian for institutional investors.
The seed round was led by Lightspeed Faction with participation from Blockchain Coinvestors and Chris Adelsbach.
"Everything we do at LO:TECH is built on top of great trading infrastructure. This investment from Faction – a team known for backing disruptive, entrepreneurial teams – is validation of our vision and will allow us to push forward building innovative trading technology and services."
The funding round was led by abrdn with participation from international backers.
"We are extremely pleased to have been able to complete a round of this size during the turbulent crypto and traditional financial market conditions of the last few months. It is also fantastic to have such credible and strategic partner investors involved in the raise too – led by abrdn. We look forward to the next phase of the Archax journey as we scale up for launch and beyond with these partnerships in place."