LO:TECH Completes $12 Million Series A Financing, Plans to Expand into New York and Singapore Markets

LO:TECH has completed a $12 million Series A financing round, led by MMC, with participation from Faction, 13 Books Capital, and new investor Atka. The company plans to use the funds to expand into the New York and Singapore markets and further develop trading execution services in traditional finance, digital assets, and prediction markets. LO:TECH was founded by Tim Meggs, Marcus Horsley, and Alex Williams, focusing on high-frequency trading and liquidity provision, capable of executing tens of thousands of trades per second. Its business encompasses proprietary trading, market data distribution, and trading technology services, and it has obtained a data distributor license from Kalshi.

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