The publicly listed company, Satsuma (LSE: SATS), specializing in decentralized artificial intelligence (AI) and bitcoin-native treasury management, confirmed the fundraising closed on July 28, 2025. The gross proceeds represent a 63.66% oversubscription beyond the initial goal announced on June 24.

Investor backing came from specialist global digital asset funds and exchanges, alongside large institutional equity funds. Several prominent London-based institutional equity funds, collectively managing over £300 billion in assets, also participated in the round.

Notably, over half of the funds raised, equivalent to approximately 1,097 bitcoin, were settled directly in the cryptocurrency. The majority of Satsuma’s crypto holdings are managed by its Singapore subsidiary. Key investors included ParaFi Capital, Pantera Capital, Blockchain.com, Kraken, Arrington Capital, and Digital Currency Group.

Formerly known as TAO Alpha PLC, Satsuma rebranded in July 2025. The company develops AI-powered subnet ecosystems and participates in the Bittensor (TAO) decentralized AI marketplace. The new capital will fund team expansion, infrastructure enhancement, and increasing bitcoin treasury holdings, managed at prudent risk levels.

CEO Henry K. Elder described the raise as a “landmark validation” of the company’s strategy to combine bitcoin-native treasuries with decentralized AI, calling it the largest fundraise for a London company with a bitcoin treasury.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。