£1.2M
The pre-seed round was led by Lightspeed Faction to support platform development and team expansion.
LF
Lightspeed Faction
Venture CapitalLightspeed Faction is a blockchain native venture capital firm that invests in early stage startups across the blockchain ecosystem.
Portfolio
4
companies
By category
- AI/ML£6.0M
- FinTech£3.9M
By location
- London£9.8M
Portfolio companies
Bloom
Bloom provides an all-in-one social platform for cryptocurrency traders.
F
FLock.io
A decentralized machine learning platform enabling community owned artificial intelligence training.
H
Helio
Helio builds decentralised payment infrastructure for merchants and digital content creators.
Low Observable Technology
Low Observable Technology provides liquidity and trading solutions for digital asset markets.
Team
Clara Boh
Deal Partner
Clara brings investment experience from Lightspeed Faction, Amber Group, Openspace Ventures, and HSBC.
LinkedIn
Sam Harrison
Managing Partner
Sam brings venture capital experience from roles at Blockchain.com and Prosus Ventures. He serves as managing partner at Faction and senior advisor at Lightspeed Venture Partners.
Recent investments
£1.2M
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."
£4.8M
The seed round was led by Lightspeed Faction and Tagus Capital to support the continuous development of the company machine learning infrastructure.
"With FLock, now anyone can contribute to AI development by offering compute, data, or training scripts; the barrier to participation is much lower. This results in community-owned models built by the many, not just the few, with data contributors being fairly rewarded."
$3.3M
The funding round was co-led by Peak and Lightspeed Faction to scale sales operations and product development.
"We’re thrilled with the backing, which will allow us to execute on our roadmap, scale the platform and streamline onboarding new clients."