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Arx Research has completed a $6.1 million seed funding round with Castle Island Ventures leading the investment.

2025.11.06 22:16:26

On November 6th, the hardware and software company Arx Research announced the completion of a $6.1 million seed round of financing. This round was led by Castle Island Ventures and involved institutions such as Inflection, Placeholder, Seed Club Ventures, and 1kx. Cameron Robertson, the co-founder and CEO of Arx Research, stated that this funding round utilized a SAFE (Simple Agreement for Future Equity) structure but did not disclose the timing of the financing or the post-money valuation. This round of financing will be used to launch the "Burner Terminal," a handheld sales terminal device that integrates digital assets with traditional payments. The terminal is capable of simultaneously accepting stablecoins, contactless payments (such as NFC), and chip + PIN cards. It has received EMV certification to ensure that it meets international standards in terms of security, compliance, and compatibility with existing payment systems.
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