# M-DAQ Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/m-daq-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.m-daq.com
- Total disclosed funding: $81M
- Latest round: Series D (Sep 23, 2021)
- Investors on record: 11

## About

Based in Singapore and founded in 2010 by Richard Koh and Wong Joo Seng, M-DAQ Pte Ltd, formerly known as Summit Investment Pte Ltd, is a company that operates a financial technology platform for securities and stock exchanges without currency borders. In August 2021, M-DAQ Pte Ltd received SGD 200 million in Series D funding from Affinity Equity Partners. M-DAQ Pte Ltd has 200 employees as of 2021. 

The company's platform offers multi-currency and allows them to price and trade any exchange-traded products. The company also offers data technology solutions and multi-currency support for enterprises within the foreign exchange market.

M-DAQ Pte Ltd will utilize the August financing to expand globally and establish a new financial ecosystem.

## Funding rounds

- Series D, Sep 23, 2021, $59M — Affinity Equity Partners, NTT Communications Corporation, Samsung Venture Investment, Shinhan Securities
- Series B, Nov 5, 2013, $22M — British International Investment, GSR Ventures, SG Growth Capital, Vickers Venture Partners, Alibaba Group, Citi Ventures, Murano Group

## Investors

- British International Investment — Series B
- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series B
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series B
- Vickers Venture Partners (https://capitalatlas.ai/funds/vickers-venture-partners) — Series B
- Alibaba Group — Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series B
- Murano Group — Series B
- Affinity Equity Partners (https://capitalatlas.ai/funds/affinity-equity-partners) — Series D
- NTT Communications Corporation — Series D
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series D
- Shinhan Securities (https://capitalatlas.ai/funds/shinhan-securities) — Series D