How much funding has Abaxx Technology raised?

Abaxx Technology has raised $20.0M in total funding, most recently a Private Equity round.

Who are Abaxx Technology's investors?

Abaxx Technology's investors include Earlybird Venture Capital.

When was Abaxx Technology founded?

Abaxx Technology was founded in 2017.

Where is Abaxx Technology headquartered?

Abaxx Technology is headquartered in Toronto.

What industry is Abaxx Technology in?

Abaxx Technology operates in Fintech.

Abaxx Technology

Smarter Markets for Global Commodities Trading

Toronto · Founded 2017 · $20.0M raised

Fintech

Headquarters: Toronto
Founded: 2017
Business Model: B2B
Website: abaxx.tech

Total Funding: $20.0M
Last Round: $20.0M Private EquityAug 2023
Rounds: 2

About

Abaxx Technologies Inc. is a fintech company building market infrastructure for global commodities trading, including a licensed futures exchange and clearinghouse regulated by Singapore's Monetary Authority. Founded in 2017 and headquartered in Toronto, Canada, the company was built by veterans from Goldman Sachs, NYMEX, CME, and SGX to address structural inefficiencies in commodity markets spanning LNG, carbon, battery materials, and gold. Abaxx launched centrally cleared, physically-deliverable futures contracts in 2024, introducing ten benchmark commodity contracts in its inaugural year of operation.

Summary

Abaxx Technology is a Fintech company based in Toronto, founded in 2017. It has raised $20.0M in total across 2 rounds, most recently a $20.0M Private Equity round in Aug 2023. Investors include Earlybird Venture Capital.

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