CBDC Infrastructure Provider Emtech Raises $4 Million in Seed Funding
On August 3rd, CBDC infrastructure provider Emtech announced it has raised $4 million in seed funding led by Matrix Partners India. The company plans to further develop its CBDC stack and regulatory technology solutions. BTN, Vested, Equity Alliance, and LoftyInc Capital were other investors in this funding round.
On August 3rd, CBDC infrastructure provider Emtech announced it has raised $4 million in seed funding led by Matrix Partners India. The company plans to further develop its CBDC stack and regulatory technology solutions. BTN, Vested, Equity Alliance, and LoftyInc Capital were other investors in this funding round. They join Emtech's previous investors, including Noemis Ventures, Octerra Capital, and 500 Global. This funding round brings Emtech's total investment to $10 million (including last year's $4 million pre-seed investment and a recent $2 million extension round).