Satsuma Technology Plc Secures $135 Million in Post-IPO Financing on July 24, 2025
TAO
TAO
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According to relevant media reports, Satsuma Technology Plc completed a post-IPO financing round on July 24, 2025, raising $135 million. Following this round, the company’s total cumulative funding has reached $353 million.Satsuma Technology Plc (formerly known as Tao Alpha), listed on the London Stock Exchange under the ticker SATS.L, primarily focuses on building infrastructure for the Bittensor network and developing intelligent agents. The company invests in high-potential subnets and is dedicated to creating specialized AI agents capable of generating revenue within the network. Notably, on July 14, 2025, the company announced its initial purchase of 28.56 BTC, highlighting its strategic entry into the digital asset sector.Amid the rapid advancement of AI and blockchain technologies, Satsuma Technology Plc’s business model reflects the broader trend of traditional financial institutions transitioning toward digitalization. By integrating AI technology with blockchain infrastructure, the company is exploring innovative business models that not only drive technological progress within the industry but also offer new benchmarks for the digital transformation of conventional financial institutions.
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TAO Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| Post-IPO | $135 M | -- | 2025-07-23 | -- |
Key Milestones
- 2025-07-14British-listed company Tao Alpha announces its initial acquisition of 28.56 BTC.
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