Seed · Fintech
IMMIX raises $2.7m seed for institutional crypto trading
MassMutual Ventures led the September 2023 round, with Ripple Ventures participating.
IMMIX raised $2.7 million in seed funding announced on September 13, 2023. MassMutual Ventures led the financing, joined by Ripple Ventures.
The London company planned to use the proceeds to develop its core institutional trading platform and advance execution technology for market-making products.
Founded by Andrew Mann and David Twomey, IMMIX developed a low-latency, non-custodial trading system for institutional users. The founders built the platform after encountering costly and restrictive infrastructure in their own trading work.
Use of funds
Develop core institutional trading platform
Advance market-making execution products
Funding history
Seed · This round$2.7M