# August Digital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/august-digital

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.augustdigital.io/
- Total disclosed funding: $16M
- Latest round: Series A (Mar 6, 2025)
- Investors on record: 16

## About

Founded in 2023 and based in New York, US, Fractal Network Ltd., trading under the name August Digital, is developing a web3 infrastructure that allows users on-chain financial assets to interact with and collateralize against each other. Aya Kantorovich and Alexandre Elkrief are the co-founders and co-CEOs of the company. In March 2025, August Digital raised USD 10 million in series A funding led by Dragonfly, with participation from Robot Ventures, Foresight Ventures, SCB Limited, Maven11 Capital, Fintech Collective, 6th Man Ventures, and individual investors. The company offers tools to connect with the on-chain finance ecosystem, which includes prime brokers, OTC desks, lenders, custodians, and exchanges for institutional-grade capital efficiency. The firm provides institutional items and products with no permission restrictions. Fractal's solutions are transparent and auditable, and all assets remain in its accounts, lowering the risk associated with client funds.

The company will use the March 2025 funding to boost its marketing strategy, hire more staff, and continue developing new technology.

## Funding rounds

- Series A, Mar 6, 2025, $10M — FinTech Collective, Dragonfly Digital Management, Robot Ventures, Maven11 Capital, 6th Man Ventures, Foresight Ventures, SCB Limited
- Seed, Apr 17, 2023, $6M — GoldenTree Asset Management, Archetype Ventures, Hack VC, CMT Digital, CoinShares Ventures, QCP Capital, 6th Man Ventures, Circle Ventures, Spartan Group, Blizzard Fund

## Investors

- GoldenTree Asset Management (https://capitalatlas.ai/funds/goldentree-asset-management) — Seed
- Archetype Ventures (https://capitalatlas.ai/funds/archetype-ventures) — Seed
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Seed
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Seed
- CoinShares Ventures (https://capitalatlas.ai/funds/coinshares-ventures) — Seed
- QCP Capital (https://capitalatlas.ai/funds/qcp-capital) — Seed
- 6th Man Ventures (https://capitalatlas.ai/funds/6th-man-ventures) — Seed, Series A
- Circle Ventures — Seed
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Seed
- Blizzard Fund (https://capitalatlas.ai/funds/blizzard-fund) — Seed
- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Series A
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Series A
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Series A
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Series A
- Foresight Ventures (https://capitalatlas.ai/funds/foresight-ventures) — Series A
- SCB Limited — Series A