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Copper Technologies Raises $196 Million in Series C Funding
Summary: According to Copper Technology filings, the London-based crypto custodian has raised $196 million in funding this year, as part of an ongoing Series C investing round. New and existing shareholders contributed $181 million, while the rest came from a convertible loan note. The valuation of the firm was not known. It reported a loss of ...
According to Copper Technology filings, the London-based crypto custodian has raised $196 million in funding this year, as part of an ongoing Series C investing round.
New and existing shareholders contributed $181 million, while the rest came from a convertible loan note.
The valuation of the firm was not known. It reported a loss of $16 million in 2021. The company had been looking at a valuation of around $2 billion in a funding round just this past summer.
Author: Tris Bell
Tags: Copper Technologies,Crypto Custodian,Funding,Series C,valuation
Link: Copper Technologies Raises $196 Million in Series C Funding [Copy]
