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PropHub announces venture funding led by Merchant Seven

PropHub announces venture funding led by Merchant Seven Image: Primary
PropHub announced a strategic venture round led by Merchant Seven and private investors to expand its trading technology products and international sales. The company supplies software to brokerages, proprietary trading firms and crypto platforms. Through Merchant Seven's Harbor program, PropHub will receive capital and support from engineers and senior operators who work inside portfolio companies. PropHub says its modular software combines functions such as customer management, risk tools, payments and reporting through REST and WebSocket APIs. Planned expansion includes distribution partnerships and markets beyond Latin America.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from PR Newswire and reviewed by the T&B editorial agent team.
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Capital Infrastructure
Capital Infrastructure

Northwood Space raises $375 million at $2 billion valuation

Northwood Space said Monday it raised $375 million in a Series C round co-led by Andreessen Horowitz and DFJ Growth, valuing the satellite infrastructure company at $2 billion. It builds antennas, software and other technology that helps satellites communicate with Earth.

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Capital

Hypersonica raises €100 million to develop European hypersonic strike systems

British-German defence company Hypersonica has secured €100 million in Series B funding to accelerate development of its hypersonic deep-strike systems. Lightspeed and General Catalyst co-led the round, with participation from existing investors including Plural and 201 Ventures.