Utila, a New York-based digital asset operations platform, has secured $18 million in a Series A funding round. 

Investors 

The round was led by Nyca Partners, with participation from Wing VC, NFX, Haymaker Ventures, Gaingels, and Cerca Partners. 

Nyca Partners is a New York-based venture capital firm specializing in fintech investments. The firm provides both capital and strategic guidance. Founded in 2014, it manages nearly $1 billion in assets and has backed over 100 startups. 

Utila Use of Funds 

The company will use the funds to scale its global operations and enhance R&D efforts for its institutional MPC wallets. 

About Utila 

Utila provides a platform designed to help enterprises, payment firms, and financial institutions manage and build on digital assets. Its secure, flexible wallet infrastructure supports multiple blockchains and features military-grade MPC wallets, robust APIs, and customizable user and transaction management. The platform also integrates with various services, including AML, banking, exchanges, and DeFi platforms. ​With offices in New York, Tel Aviv, London, Berlin, and Singapore, Utila’s mission is to be the leading institutional-grade wallet provider in this new era. 

Funding Details 

Company: Utila, Inc. 

Raised: $18.0M 

Round: Series A 

Funding Date: March 2025 

Lead Investor: Nyca Partners 

Additional Investors: Wing VC, NFX, Haymaker Ventures, Gaingels, Cerca Partners 

Company Website: https://utila.io/ a 

Software Category: Digital Asset Infrastructure

Source: https://utila.io/blog/utila-secures-18m-series-a-funding/