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Satsuma Technology raises £163.7M with backing from ParaFi, Pantera, and others, accepting 1,097 BTC.
ByAinvest
Wednesday, Aug 6, 2025 3:24 am ET1min read
Satsuma Technology raises £163.7M with backing from ParaFi, Pantera, and others, accepting 1,097 BTC.
Satsuma Technology, a leading innovator in the fintech sector, has announced the successful closure of a £163.7M funding round. The round was led by ParaFi, Pantera Capital, and other strategic investors, with the company accepting 1,097 BTC as part of the deal [1].The funding will be used to accelerate Satsuma Technology's growth, particularly in its AI-powered financial services and blockchain solutions. The company plans to leverage the capital to expand its team, enhance its technology, and explore new market opportunities.
The investment highlights the growing interest in the fintech sector, with investors recognizing the potential of blockchain technology and AI in transforming traditional financial services. This funding round comes at a time when the crypto market is experiencing increased institutional adoption, with companies like MicroStrategy and Metaplanet securing significant Bitcoin holdings [2].
Satsuma Technology's strategic partnership with ParaFi and Pantera Capital further underscores the company's commitment to innovation and its ability to attract top-tier investors. The funding round is a significant milestone for the company, positioning it as a key player in the fintech and blockchain landscape.
References:
[1] https://www.investing.com/news/stock-market-news/tevogen-bio-stock-rises-amid-1-million-grant-funding-93CH-4166645
[2] https://www.globenewswire.com/news-release/2025/07/30/3123970/0/en/SoftBank-Vision-Fund-2-Makes-Strategic-Investment-in-Classiq-Expanding-Series-C.html
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