How much did Utexo raise?

Utexo raised $7.5M at Seed, announced 22 March 2026.

Founder details for Utexo are not yet confirmed.

Utexo operates in Blockchain & Web3 and is based in Israel.

Utexo raises $7.5M

Utexo announced a Seed round of $7.5M on 22 March 2026. The company operates in Blockchain & Web3 and is based in Israel.

Raised

$7.5M

Stage

Seed

Industry

Blockchain & Web3

Country

Israel

-Utexo is building blockchain infrastructure from the UAE, a jurisdiction rapidly emerging as a global crypto hub with favorable regulatory frameworks and institutional capital access.
-The $7.5M Seed round led by Tether - one of the largest stablecoin issuers globally - provides Utexo with strategic backing that goes beyond capital, offering ecosystem integration opportunities.
-As blockchain infrastructure demand grows across financial services and Web3 applications, Utexo is positioned to capture enterprise and developer adoption in an underserved regional market.