Patrick is Managing Partner and co-founder at MiddleGame Ventures and a senior advisor at RegTech Lab. He previously served as a deputy assistant secretary at the U.S. Department of the Treasury and as a vice president in equity research at Morgan Stanley.
MiddleGame Ventures led the financing round with participation from Further Ventures and Unusual Ventures.
"Financial markets are ultimately systems of resource allocation. To allocate well, we must first see the economy clearly, not in fragments but as an interconnected whole. Theia exists to map the unmapped, to make visible the structure of the global economy."
The round was led by TX Ventures with participation from several new and existing investors.
"Our view is that within the near-mid term, marketplaces will have to offer trusted payment solutions otherwise they will miss out on new business. Trustap, by providing escrow-like payment options and by lifting the operational burden off the shoulders of marketplaces, offers just that. The product is immensely scalable which is proven by the global presence of clients and the numerous categories Trustap facilitates among buyers and sellers."
The financing round was led by Peter Thiel's Valar Ventures to support the platform's separation from Bitpanda and its development as an independent exchange.
"given its potential, we also knew and planned that its success would naturally make it evolve to become its own business."
The financing round was co-led by SIX Fintech Ventures and FiveT Fintech with participation from MiddleGame Ventures, Mission Gate, and CoinShares.
"The Series A unlocks Coinfirm’s potential in the crypto compliance and analytics space as we expand in a fast-paced growth market. I am excited to be joining Coinfirm in its next step on the journey to power the mass adoption of blockchain whilst we remain committed to delivering the very highest value to our clients and partners."
The funding round was co-led by MiddleGame Ventures and Ventura Capital to support international growth and product expansion.
"We are thrilled to have the support of world-class investors who bring a highly strategic network to help us continue with the vision (with zero pivots) that Clive [my co-founder] and I started with in 2016."