# Archax

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/archax

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.archax.com
- Total disclosed funding: $44M
- Latest round: Series A (Nov 8, 2022)
- Investors on record: 19

## About

Founded in 2018 and based in London, UK, Archax Ltd., aka Archax MTF, is a financial exchange company that operates a blockchain platform for trading asset-backed tokens such as digital securities and security tokens used by businesses and institutions as digital assets. Graham Rodford (CEO), Matthew Pollard, and Andrew Flatt (CTO) are the co-founders of the company. In November 2022, Archax, Ltd. raised USD 28.5 million in series A funding from Abrdn, including BitRock Capital, CreditEase Fintech Investment Fund, Blockchain Coinvestors, Keiretsu Capital, Lingfeng Capital, Mathrix AG, SGH Capital, and the Tezos Foundation.

The company offers a comprehensive platform for investing, trading, and securing digital assets and cryptocurrencies. The firm provides a secure and trusted environment for individuals and institutions to participate in primary raising opportunities, trade digital securities and cryptocurrencies, and custody their digital assets or cash. In addition, Archax offers support to firms through their FinProms service, enabling them to promote their services. The company ensures to protect its users from fraudulent activities and advises caution against unauthorized websites that imitate their branding.

The organization plans to use the November 2022 funding to scale up the launch of products and services.

## Funding rounds

- Series A, Nov 8, 2022, $29M — Aberdeen Investments, SGH Capital, Keiretsu Capital, Lingfeng Capital, BitRock Capital, Tezos Foundation, Blockchain Coinvestors, Ce Innovation Capital, Mathrix AG
- Seed, Oct 15, 2020, $8M — 7percent Ventures, Amnis Ventures Inc., Alameda Research, Hudson Capital, QBN Capital, BridgeTower Capital, CoinFund Management, EDGE196
- Seed, Sep 1, 2020 — 7percent Ventures
- Seed, May 31, 2020, $7.7M — Alphabit, Amnis Ventures Inc., Spice Venture Capital
- Seed, Feb 1, 2020 — 7percent Ventures

## Investors

- 7percent Ventures (https://capitalatlas.ai/funds/7percent-ventures) — Seed
- Alphabit (https://capitalatlas.ai/funds/alphabit) — Seed
- Amnis Ventures Inc. (https://capitalatlas.ai/funds/amnis-ventures-inc) — Seed
- Spice Venture Capital — Seed
- Alameda Research — Seed
- Hudson Capital — Seed
- QBN Capital (https://capitalatlas.ai/funds/qbn-capital) — Seed
- BridgeTower Capital (https://capitalatlas.ai/funds/bridgetower-capital) — Seed
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed
- EDGE196 — Seed
- Aberdeen Investments (https://capitalatlas.ai/funds/aberdeen-investments) — Series A
- SGH Capital (https://capitalatlas.ai/funds/sgh-capital) — Series A
- Keiretsu Capital (https://capitalatlas.ai/funds/keiretsu-capital) — Series A
- Lingfeng Capital (https://capitalatlas.ai/funds/lingfeng-capital) — Series A
- BitRock Capital (https://capitalatlas.ai/funds/bitrock-capital) — Series A
- Tezos Foundation — Series A
- Blockchain Coinvestors (https://capitalatlas.ai/funds/blockchain-coinvestors) — Series A
- Ce Innovation Capital — Series A
- Mathrix AG — Series A