LO:TECH has raised $18.6 million in less than two years. The London-based capital markets firm, founded in 2023, is not building another crypto exchange. Its bet is on the infrastructure layer beneath them, providing the high-frequency trading, market making, and data feeds that keep digital and traditional assets moving around the clock [LO:TECH, retrieved 2024].
It is a bet that just attracted a $12 million Series A, led by MMC, to fund a push into New York and Singapore [Tech Funding News, November 2026]. The company reports it now serves more than 50 clients, a roster that includes public companies [Tech Funding News, November 2026]. For a firm that did not exist two years ago, that is a fast start.
The 24/7 Infrastructure Bet
LO:TECH’s core proposition is unified infrastructure. The company operates its own proprietary trading systems to provide liquidity and execution across a fragmented landscape of centralized crypto exchanges, decentralized finance (DeFi) protocols, and traditional finance venues [LO:TECH, retrieved 2024]. The pitch is not just speed, but continuity. Legacy markets close; digital asset markets do not. LO:TECH is building for the latter reality.
Its flagship product, launched in late 2026, is Market Making as a Service (MMaaS). Aimed at token issuers and digital asset platforms, it promises to manage exchange relationships and provide liquidity through a dashboard that offers real-time insights and control [LO:TECH, October 2026]. The service is already integrated with major exchanges including Binance, OKX, Bybit, and Gate.io [LO:TECH, October 2026].
Data as a Strategic Wedge
Beyond trading, LO:TECH is building a data business. This is where the infrastructure bet gets tangible. The company is a licensed distributor of Kalshi market data, piping live and historical order-book data from the regulated prediction market into its institutional-grade APIs [European Business Magazine, July 2026]. It also contributes pricing data to the Pyth network, where it claims its streams consistently rank among the top performers [x.com/lo_tech, retrieved 2026].
- Proprietary feeds. The company offers normalized, low-latency market data feeds across more than 30 centralized and decentralized venues [LO:TECH, retrieved 2024].
- Unified format. Kalshi data runs through the same infrastructure as its trading operations, arriving in a consistent format for clients [x.com/lo_tech, retrieved 2026].
- Performance credibility. Ranking highly on Pyth Pro, a network with over 25 institutional contributors, acts as a public performance benchmark [x.com/lo_tech, retrieved 2026].
The data layer does more than generate revenue. It validates the underlying technology and creates a sticky, high-margin product that can scale independently of proprietary trading risk.
The Team and the Capital Stack
The founding trio brings a mix of finance, technology, and media expertise. CEO Tim Meggs was previously a partner at Fulcrum Asset Management, a London-based multi-strategy investment firm [Reuters, December 2015]. CTO Marcus Horsley leads the technical build [The Cryptonomist, November 2026]. Co-founder Alex Williams is a veteran technology journalist and the retired founder of The New Stack, bringing a deep network and communications savvy [TechCrunch, July 2012].
Investors have backed the team through a rapid sequence of rounds. The capital stack shows a clear progression from concept to expansion.
| Date | Round | Amount | Lead Investor |
|---|---|---|---|
| Aug 2025 | Seed | $5.0M | 13books Capital [LO:TECH, August 2025] |
| Oct 2026 | Seed | $1.6M | Lightspeed Faction [LO:TECH, October 2026] |
| Nov 2026 | Series A | $12.0M | MMC [Tech Funding News, November 2026] |
The most recent $12 million Series A, which included participation from Faction and 13books Capital, is explicitly earmarked for geographic expansion and growing the firm’s execution services [Tech Funding News, November 2026].
The Clean Liquidity Question
In a sector historically marred by manipulation, LO:TECH promotes an ethos of “ethical market making” and “clean liquidity” [gunnercooke.com, retrieved 2026] [13bookscapital.com, retrieved 2026]. This is a compelling marketing angle, but also a significant operational claim. The company’s growth depends on convincing institutional clients that its liquidity is both high-performance and trustworthy.
The risk is that “clean” is a difficult attribute to prove in real time, and a single controversy could undermine the brand premium. Furthermore, the market-making business is intensely competitive and relationship-driven. Scaling the MMaaS product requires continuously onboarding new token projects and maintaining prime relationships with a growing list of exchanges, a non-trivial operational lift.
LO:TECH’s answer appears to be transparency through technology. The MMaaS dashboard promises clients “full visibility” into their liquidity strategies [cryptoslate.com, retrieved 2026]. Its high-ranking data contributions to Pyth serve as a public, verifiable signal of feed quality and reliability.
The Next Twelve Months
The roadmap is clear. The $12 million from MMC is for planting flags in New York and Singapore, key nodes in the global capital markets network [TokenPost, November 2026]. Hiring notices for multiple high-frequency trading algo traders and data engineers suggest the firm is staffing up aggressively to support this growth [LO:TECH Careers, retrieved 2024].
The critical milestone to watch is client growth beyond the reported 50. Can LO:TECH convert its Series A momentum into enterprise data contracts and significant MMaaS market share? The bet from MMC, Faction, and 13books Capital suggests they believe the infrastructure is already in place. The question for the next year is whether the market agrees.
Sources
- [LO:TECH, retrieved 2024] LO:TECH, A capital markets firm for the onchain world | https://lo.tech/
- [LO:TECH, October 2026] LO:TECH Secures $1.6 Million in Seed Funding and Introduces Market Making as a Service for Digital Assets | https://lo.tech/news/lotech-secures-1-6-million-in-seed-funding
- [LO:TECH, August 2025] LO:TECH Raises $5M to Accelerate Next Stage of Growth in Onchain Capital Markets | https://lo.tech/news/lo-tech-raises-5m-seed-round
- [Tech Funding News, November 2026] LO:TECH raises $12M from MMC to build a trading firm for 24/7 and onchain markets | https://techfundingnews.com/lotech-12m-series-a-market-making-tokenised-assets/
- [The Cryptonomist, November 2026] LO:TECH Series A funding brings in $12 million for US, Asia-Pacific expansion | https://en.cryptonomist.ch/2026/11/02/lo-tech-series-a-funding/
- [Reuters, December 2015] Fulcrum Asset Management names two new partners | https://www.reuters.com/article/markets/funds/fulcrum-asset-management-names-two-new-partners-idUSL3N1433WL/
- [European Business Magazine, July 2026] LO:TECH licensed distributor of Kalshi market data | https://europeanbusinessmagazine.com
- [x.com/lo_tech, retrieved 2026] LO:TECH performance on Pyth Pro | https://x.com/lo_tech
- [gunnercooke.com, retrieved 2026] Why Every Token Project Needs a Market Maker with Tim Meggs of Lo:Tech | https://gunnercooke.com/podcast/why-every-token-project-needs-a-market-maker-with-tim-meggs-of-lotech/
- [13bookscapital.com, retrieved 2026] LO:TECH commitment to clean liquidity | https://13bookscapital.com
- [cryptoslate.com, retrieved 2026] LO:TECH MMaaS platform details | https://cryptoslate.com
- [TechCrunch, July 2012] Please Welcome Alex Williams, Greg Ferenstein, Christine Ying And TechCrunch Interns Billy Gallagher And Natalie Swope | https://techcrunch.com/2012/07/03/please-welcome-alex-williams-greg-ferenstein-christine-ying-and-techcrunch-interns-billy-gallagher-and-natalie-swope/
- [TokenPost, November 2026] LO:TECH Closes $12 Million Series A to Expand in New York and Singapore | https://www.tokenpost.com/news/business/46668
- [LO:TECH Careers, retrieved 2024] LO:TECH Careers page | https://careers.lo.tech/