The post UK Tech Firm Satsuma Raises Over £100M to Fuel Bitcoin and AI Growth from London Base appeared on BitcoinEthereumNews.com.

TLDR: Satsuma closes £100M+ raise to expand decentralized AI and Bitcoin infrastructure. A third round with a $100K minimum targets U.S. strategic investors until July 28. Fortified and Dawson James Securities led the raise for global and U.S. backers. CEO Henry Elder says institutional demand exceeded expectations by a wide margin. Satsuma Technology has officially wrapped up its second convertible loan round, pulling in more than £100 million from global backers.  The deal, aimed at growing its role in decentralized AI and Bitcoin infrastructure, attracted major funds and investors. A third, smaller round targeting strategic U.S. investors is now underway.  The company says it’s preparing for rapid growth as committed funds are expected to settle within weeks. This marks a big step in its plans to lead London’s crypto and AI crossover space. Satsuma With More Than £100 Million Locked In Satsuma confirmed that the second convertible loan round exceeded its minimum raise goal. The company stated that several high-profile investors are now on board. Once the funds are converted, some of these names will become notifiable shareholders. The offer was managed by Fortified Securities for non-U.S. participants, while Dawson James Securities handled U.S. commitments. Satsuma said the raise drew strong support from institutions aligned with its vision of merging treasury functions and decentralized AI. The board also approved a limited third round of funding. This phase targets U.S.-based strategic investors who couldn’t meet the previous $1 million minimum. Satsuma adjusted the threshold to $100,000. This short window is only open to vetted investors approved by the U.S. placement agent. The company expects to close this round by July 28. These investors will not count towards the original £100 million total. Leadership Signals Big Growth Ahead CEO Henry Elder called the outcome “pivotal,” noting the demand far outpaced expectations. He…

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Filed under: News - @ July 24, 2025 10:27 pm