We are delighted to invest in London-based startup Skew – providing real-time analytics for the crypto derivatives market – as they close a $2M seed round led by friends at FirstMinute Capital and attracting leading US fund, Kleiner Perkins. The round also includes participation from Kima Ventures and QCP Capital. We are incredibly excited to back cofounders Emmanuel and Tim and to join the team on their journey to provide a radically improved overview of the crypto derivatives markets through real-time market intelligence.

The investment will help the team to roll out professional accounts with enhanced features for its institutional audience, enabling Skew’s loyal client base to visualize historical data and create their own dashboards.

Co-founder and CEO, Emmanuel Goh, comments: “We believe the derivatives market will develop much further in order to support the needs of companies and investors entering the digital assets ecosystem. Our ambition is to use our extensive experience of capital markets and cutting edge technologies to build innovative software and credible solutions for our customers.”

Before co-founding Skew in late 2018, Emmanuel Goh and Tim Noat worked as flow and exotic options traders for American banks J.P Morgan and Citi. As seasoned traders, they understand and have witnessed first-hand the evolution of market needs and demand for more sophisticated risk management and investment solutions. What started as a Twitter account @skew_markets with more than 10,000 followers, has grown into a compelling business that has the potential to totally overhaul how the industry trades crypto derivatives.

Since launching, the team has grown from two to ten employees who relentlessly work to develop the rising cryptocurrency options market that will not only meet the requirements of professional crypto native traders, but also traditional finance research teams.

To find out more about Skew and its latest product SkewAnalytics, read on here.