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§ Private Profile · London, GB
FX hedging and cash management automation platform for fund managers and corporates, processing $500B+ in annual volume.
MillTech is a risk management platform specializing in next-generation FX hedging and cash management for fund managers and corporates. Founded in 2019 and headquartered in London, the company was built on more than three decades of currency management expertise from Millennium Global Investments. MillTech processes approximately $500 billion in annual trading volume and supports client hedging programmes totalling over $35 billion. Recent product expansion includes cash management developed in collaboration with BlackRock's CacheMatrix, and Co-Pilot, an AI-enabled risk advisory solution. Sir Ronald Cohen, co-founder of Apax Partners, was an early backer of the firm.
MillTech has raised $60.0M across 1 funding round.
MillTech has raised $60.0M in total across 1 funding round.
MillTech is valued at approximately $3.3M.
MillTech has raised $60.0M in total across 1 funding round.
MillTech is valued at approximately $3.3M.
MillTech's investors include Apax Partners.
MillTech has raised $60.0M across 1 funding round. Most recently, it raised $60.0M Venture Round in April 2026 at a valuation of approximately $3.3M.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 11, 2026 | $60M Venture Round | Apax Partners | — | Completed |