Metal, a blockchain infrastructure startup co-founded by former Meta VP Catherine Porter, raised $45 million in seed funding led by Airwallex founder Jack Zhang.
Amount Raised
$45 Million
Round Type
Seed
Investors
Description
Metal, a blockchain startup co-founded by Loong Wang and former Meta VP Catherine Porter, has closed a $45 million seed round, making it larger than the average Australian Series B. The round was led by Airwallex founder Jack Zhang, who incubated the company. Metal is building institutional-grade blockchain infrastructure focused on stablecoins, asset tokenization, on-chain compliance, and privacy. The startup aims to address inefficiencies in the global financial system by creating a blockchain that institutions can actually transact on.
Quick answer
Metal raised $45 Million in a Seed round, dated October 22, 2026. Investors: Airwallex.
- How much did Metal raise?
- Metal raised $45 Million in a Seed round on October 22, 2026.
- Who invested in Metal?
- Airwallex is named as investors in this round.
- What does Metal do?
- Metal is a blockchain infrastructure company founded by Loong Wang and former Meta VP Catherine Porter.
Source: Fundz verified event record.
Who else raised in Blockchain and Cryptocurrency around the same time
Companies in the same sectors as Metal that raised within 45 days of this round, from Fundz verified event records.
- Crypto Co raised $65K (Post-IPO Equity) on November 10, 2026.
- Wafr raised an undisclosed amount (Pre-Seed) on November 10, 2026.
- Alta raised $48M (Series A) on November 10, 2026.
- Lombard Systems raised $4M (Seed) on November 5, 2026.
- Uranium Digital raised $17M (Series A) on November 5, 2026.
- mamun raised $3M (Seed) on November 4, 2026.
Who to call at Metal, and when
A new round usually means Metal is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Metal raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Metal, from your own LinkedIn network
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Metal raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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