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Melbourne-based CloudTech raised a $14m Series A, with $11m from cryptocurrencies. The company aims to launch CloudTech Custody to help institutions securely store digital assets.

Jun 10, 2025•about 1 month ago

Amount Raised

$14 Million

Round Type

series a

South MelbourneFinance

Description

CloudTech Group, a financial technology firm based in Melbourne, raised $14 million for its Series A funding round. Notably, $11 million of this capital was raised in cryptocurrencies, including Bitcoin and USDT. The company is set to use the funds to launch CloudTech Custody, aimed at assisting banks and wealth managers with digital asset storage. This funding milestone seeks to strengthen the infrastructure supporting the digital asset economy.

Company Information

Company

CloudTech Group

Location

South Melbourne, Victoria, Australia

About

CloudTech Group is building a simpler, safer and smarter financial future for all Australians. Our services are powered by blockchain, backed by compliance and built for real life. We deliver a suite of institutional-grade digital finance services spanning over the counter (OTC) trading with CloudTechX, a proprietary platform bridging fiat and digital payments in CobWeb Pay and secure digital asset custody solution with CloudTech Custody.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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