# M0 Foundation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/m0-foundation

- Industry: Software
- Headquarters: Zug, Switzerland
- Website: www.m0.org
- Total disclosed funding: $98M
- Latest round: Series B (Aug 13, 2025)
- Investors on record: 12

## About

Based in Zug, Switzerland, and founded in 2022, PSC Consulting GmbH, doing business as M0 Foundation, is an on-chain protocol that develops a two-token governor system for blockchain users. In August 2025, M0 Foundation raised USD 40 million in series B funding co-led by new investors Polychain Capital and Ribbit Capital, with participation from another new investor Endeavor Catalyst. Returning investors Bain Capital Crypto, Pantera Capital and other unspecified investors also participated in the round. M0 Foundation offers software solutions that facilitate the issuance and management of digital currencies. The firm also offers a protocol and standards for institutions to create and manage a fungible digital currency called M Dollar (M$). In addition, the firm provides a two-token governor (TTG) platform, an on-chain governance mechanism that uses two tokens to prevent misuse of power in on-chain governance. The firm develops an open and decentralized infrastructure for issuing crypto dollars. In August 2025, M0 Foundation raised USD 40 million in series B funding co-led by new investors Polychain Capital and Ribbit Capital, with participation from another new investor Endeavor Catalyst. Returning investors Bain Capital Crypto, Earlybird Venture Capital, Pantera Capital and other unspecified investors also participated in the round. M0 generates revenue via programmable stablecoin infrastructure, reserve management, developer-defined minting rules, ecosystem integrations, and enabling custom financial primitives for fintechs and decentralized applications. The company plans to develop infrastructure for digital currency systems, collaborate with licensed financial institutions, and enable programmers to customize how digital assets are managed and transferred.

## Funding rounds

- Series B, Aug 13, 2025, $40M — Earlybird, Endeavor Catalyst, Ribbit Capital, Pantera Capital, Polychain Capital, Road Capital Management, Bain Capital Crypto
- Series A, Jun 5, 2024, $35M — Galaxy Ventures, SCB10X, GSR, Wintermute Ventures, Bain Capital Crypto, Caladan
- Seed, Jan 1, 2023, $23M — Pantera Capital

## Investors

- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Seed, Series B
- Galaxy Ventures — Series A
- SCB10X (https://capitalatlas.ai/funds/scb10x) — Series A
- GSR — Series A
- Wintermute Ventures (https://capitalatlas.ai/funds/wintermute-ventures) — Series A
- Bain Capital Crypto — Series A, Series B
- Caladan — Series A
- Earlybird (https://capitalatlas.ai/funds/earlybird) — Series B
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series B
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series B
- Road Capital Management (https://capitalatlas.ai/funds/road-capital-management) — Series B