# Lombard Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lombard-systems

- Industry: Web3
- Headquarters: Dubai, United Arab Emirates
- Website: https://lombardsystems.com/
- Total disclosed funding: $4M
- Latest round: Seed (Nov 5, 2026)
- Investors on record: 5

## About

Lombard Systems, previously SemiLiquid/PCP, raised $4 million across pre-seed and seed rounds led by Ethereal Ventures. The company created the Delivery-versus-Lock standard that lets institutions use tokenized assets as collateral without moving them.

## Funding rounds

- Seed, Nov 5, 2026, $4M — Ethereal Ventures, Alps Capital, Atka, First Commit Capital, Veris Ventures

## Investors

- Ethereal Ventures (https://capitalatlas.ai/funds/ethereal-ventures) — Seed
- Alps Capital — Seed
- Atka — Seed
- First Commit Capital — Seed
- Veris Ventures (https://capitalatlas.ai/funds/veris-ventures) — Seed