Theo has completed a total of US$20 million in financing, led by Hack VC and others

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ODAILY
04-24
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Planet Daily News: Quantitative trading startup Theo has announced the completion of a $20 million funding round. The platform is dedicated to providing strategies typically reserved for high-frequency trading companies to ordinary investors. The company was co-founded by brothers Abhi Pingle, a former Optiver trader, and TK Kwon. In March 2024, they secured a $4.5 million seed round led by Manifold Trading, followed by an additional $15.5 million in funding in April 2025, led by Hack VC and Anthos Capital. Other investors include Flowdesk, Selini Capital, and individual investors from institutions such as Citadel and JPMorgan Chase. (Fortune)

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