Merge Holdings’ $9.5 Million Seed Funding Round

In UK Latham & Watkins, advised on the matter.

Latham & Watkins advised Octopus Ventures Ltd with a team including Shing Yuin Lo (Picture – Corporate M&A).

Merge Holdings, a Web3 payments infrastructure provider, closed its US$9.5 million seed funding round. The round will support the development of Merge’s banking and payments platform to bridge the gap between cryptocurrency and traditional financial services.

The round was led by Octopus Ventures, with participation from Coinbase Ventures, Hashed, Alameda Research, and Ethereal Ventures, among others.

Octopus is a multi stage European venture capital investor specializing in health, fintech, deep tech, B2B software and consumer.

The Latham team was led by London corporate partner Shing Lo (Picture), with associate Katie Kaplucha.

Involved fees earner: Katie Kaplucha – Latham & Watkins; Shing Yuin Lo – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Octopus Ventures Ltd;

Author: Giulia Di Palma