X10 Raises $6.5M Funding for Expansion and Development

X10's Funding and Expansion

Key Highlights:

• Funding: X10, a hybrid crypto exchange company, raised $6.5 million in funding.
• Investors: Backed by Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, Cyber fund, and notable angels from Revolut and Lido.
• Expansion Plans: Funds will be used to expand operations and development efforts.

X10's Target Market

• Target Market: Crypto traders and users seeking a hybrid exchange experience that combines the benefits of centralized exchanges with the safety and transparency of DeFi.
• DeFi Traders: Users looking for improved liquidity, latency, and throughput in perpetuals trading within the DeFi ecosystem.
• Advanced Traders: Traders who require advanced order types, customizable interfaces, and professional-grade tools for market and portfolio analytics.

What X10 Needs to Buy

• Technology Development: Investments in technology and infrastructure to enhance the hybrid exchange model and settlement architecture.
• Partnerships and Integrations: Collaborations with trusted global partners for premier on- and off-ramping options and secure wallet creation.
• Marketing and User Acquisition: Strategies and resources to attract and onboard crypto traders and users to the X10 platform.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.