Search results for Atomico
Crypto
OpenFX raises $94 million for stablecoin-based FX expansion
OpenFX, a startup offering stablecoin-based foreign exchange market-making and remittances, has raised $94 million in funding. Reuters reported the round was led by Accel, Atomico, Lightspeed Faction, M13, Northzone and Pantera, valuing OpenFX at about $500 million. Founded in 2024, the company links legacy banking systems with digital infrastructure using stablecoins to support real-time FX, and plans to expand into Southeast Asia and Latin America.
AI & Enterprise
Tem raises $75 million to expand AI-based electricity trading platform
AI-based electricity trading platform Tem has raised $75 million in a Series B funding round, TechCrunch reported on Monday. Lightspeed Venture Partners, AlbionVC, Atomico and Hitachi Ventures participated. Tem operates a marketplace that connects electricity producers and consumers. It focuses on lowering electricity bills by reducing brokerage costs through its AI-based trading engine, Rosso, Chief Executive Joe McDonald said.
AI & Enterprise
Hotel software developer Mews raises $300 million, valued at $2.5 billion
Hotel software company Mews has raised $300 million in a Series D funding round, valuing the company at $2.5 billion, SiliconANGLE reported on Jan. 23 local time. The round was led by EQT Growth, with participation from Atomico, HarbourVest Partners, Kinnevik, Battery Ventures and Tiger Global. Mews said it processed $19 billion in transactions last year and plans to use the funds to enhance its platform and advance AI and payments.