# Radix DLT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/radix-dlt

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.radixdlt.com
- Latest round: Seed (May 1, 2019)
- Investors on record: 1

## About

Radix DLT Ltd. is a developer of a decentralized finance platform that enhances the user and developer experience through its innovative technology stack, aiming to address scalability, security, and usability challenges in the DeFi space.Founded in 2016 and headquartered in London, UK, Radix DLT Ltd. focuses on building a scalable blockchain infrastructure for decentralized applications. The company has raised USD 12.7 mn in funding, with its latest deal on October 29, 2020. The CEO, Piers Ridyard, leads a team committed to advancing DeFi technologies.Radix DLT specializes in developing an innovative decentralized finance (DeFi) platform that provides scalable blockchain infrastructure, ensuring high throughput and low transaction fees. Its offerings cater to individual developers, DeFi application creators, and financial institutions, focusing on critical challenges in the DeFi space to facilitate effective interaction with decentralized applications.In the most recent year, 2023, Radix DLT recorded a revenue of USD 13.76 mn and an EBITDA of USD 10.90 mn, primarily from transaction fees generated by DeFi applications developed on its platform.Radix DLT plans to enhance its product offerings and expand into new markets, particularly targeting North America, Europe, and Asia by the end of 2024. The recent funding of USD 12.7 mn will be instrumental in supporting these initiatives, including the development of new products designed to meet the growing demand for DeFi solutions. The company aims to leverage this capital to broaden its market reach and improve its technology for a better user experience.

## Funding rounds

- Seed, May 1, 2019 — Maven11 Capital

## Investors

- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Seed