{"id":3060,"date":"2025-03-02T13:27:48","date_gmt":"2025-03-02T13:27:48","guid":{"rendered":"https:\/\/cryptofunding.vc\/?p=3060"},"modified":"2025-03-02T13:27:50","modified_gmt":"2025-03-02T13:27:50","slug":"irish-co-founded-lockchain-secures-5-million-in-funding-round","status":"publish","type":"post","link":"https:\/\/cryptofunding.vc\/irish-co-founded-lockchain-secures-5-million-in-funding-round\/","title":{"rendered":"Irish co-founded Lockchain secures $5 million in funding round"},"content":{"rendered":"\n<p>Lockchain.ai, a trailblazing blockchain risk management startup, has secured $5 million in Series A funding to accelerate platform development and introduce new cutting-edge features.<\/p>\n\n\n\n<p>The funding round was led by White Star Capital, with additional backing from Lerer Hippeau, Arrington Capital, and Sonic Boom Ventures, reinforcing strong investor confidence in Lockchain\u2019s vision.<\/p>\n\n\n\n<p>Founded by Andrew Howard, Matt Higgins, and Irish entrepreneur Aidan Kehoe, Lockchain.ai is revolutionizing risk management and security for cryptocurrency trading and digital asset management. Since its launch in April 2024\u2014following a year in stealth mode\u2014the company has been delivering risk management recommendations to portfolios exceeding $2 billion in aggregate value.<\/p>\n\n\n\n<p>Lockchain\u2019s AI-powered platform processes vast amounts of data in real time, providing traders with a comprehensive risk overview, instant event notifications, actionable insights, and an advanced automation engine capable of executing pre-built playbooks and exit strategies.<\/p>\n\n\n\n<p>CEO Andrew Howard emphasized the importance of robust risk management in the fast-moving cryptocurrency market. \u201cHaving worked with some of the largest portfolio teams over the past two years, we\u2019ve proven the strength of our models. Our AI delivers insights, recommendations, and predictions at unparalleled speeds, making them an essential tool for investors,\u201d he said. \u201cWith this Series A funding, we\u2019re focused on expanding our core functionalities and enhancing our detection and monitoring capabilities.\u201d<\/p>\n\n\n\n<p>White Star Capital\u2019s Managing Partner, Sep Alavi, underscored Lockchain\u2019s impact on the industry. \u201cLockchain is setting a new standard for risk management in the blockchain space. Their combination of advanced AI and deep market expertise positions them as a game-changer for asset managers, traders, and regulators navigating this evolving landscape,\u201d he said.<\/p>\n\n\n\n<p>Chairman Aidan Kehoe brings a track record of success as a serial entrepreneur. Originally from Ireland, Kehoe moved to the U.S. in his 20s and went on to found Skout, a cybersecurity firm acquired by Barracuda Networks in 2021. He has also served on Ireland\u2019s Enterprise Digital Advisory Forum, further cementing his reputation as a leader in the tech and security sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lockchain.ai, a trailblazing blockchain risk management startup, has secured $5 million in Series A funding to accelerate platform development and introduce new [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3061,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,25],"tags":[],"class_list":["post-3060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding-round","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Irish co-founded Lockchain secures $5 million in funding round - Crypto Funding<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptofunding.vc\/irish-co-founded-lockchain-secures-5-million-in-funding-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Irish co-founded Lockchain secures $5 million in funding round - 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