🏆 Deal of the Week · CW 7/2023
Taurus raised USD 65 million in a Series B round; the post-money valuation was not disclosed. The round was backed by a consortium of major European financial institutions including Credit Suisse and Deutsche Bank. The financing positions Taurus as one of the most heavily bank-backed digital asset infrastructure providers in Europe.
Taurus — key deal facts
| Company | Taurus |
| Founded | 2018 |
| Headquarters | Geneva, Switzerland |
| Amount raised | USD 65M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series B |
| Investors | Arab Bank (Switzerland) (https://www.arabbank.ch/) Cedar Mundi Ventures (http://cedarmundi.com/) Credit Suisse (https://www.credit-suisse.com/ch/de.html) Deutsche Bank (https://www.deutsche-bank.de/pk.html) Investis Group (https://www.investisgroup.com/) Pictet Private Equity Investors S.A. (https://www.pictet.com/) |
| Sectors | Financial Services |
Who invested in Taurus?
The Series B was funded by Arab Bank (Switzerland), Cedar Mundi Ventures, Credit Suisse, Deutsche Bank, Investis Group, and Pictet Private Equity Investors S.A. The investor base is notable for its concentration of regulated, systemically significant banks and established private-equity backers — an uncommon composition for a fintech at this stage. Participation by Credit Suisse and Deutsche Bank in particular signals institutional validation of Taurus's custody and tokenisation infrastructure.
What does Taurus do?
Taurus SA, founded in 2018 and headquartered in Geneva, Switzerland, builds digital asset infrastructure for banks and financial institutions. Its core platform covers institutional-grade custody, tokenisation of financial instruments, and digital asset brokerage. The company serves regulated entities that require enterprise-level security and compliance frameworks for holding and managing crypto and tokenised assets. Taurus operates in the Financial Services sector and has established itself as a key infrastructure layer for European banks entering the digital asset space.
Taurus valuation & multiples
No existing multiples analysis was provided for this deal, and the post-money valuation remains undisclosed, making EV/Sales or EV/EBITDA derivation impossible at this time. Once comparable disclosed valuations become available, relevant benchmarks can be drawn from the fintech and digital asset infrastructure peer set. Explore Venionaire DealMatrix's Financial Services sector multiples pages for current EV/Sales and EV/EBITDA ranges across comparable companies.
Explore the benchmarks: Series B.
Frequently asked questions
How much did Taurus raise in its Series B?
Taurus raised USD 65 million in its Series B round, announced in 2023 (KW 7/2023).
What is Taurus's valuation?
Taurus's post-money valuation was not disclosed in connection with this Series B round.
Who invested in Taurus?
The Series B investors were Arab Bank (Switzerland), Cedar Mundi Ventures, Credit Suisse, Deutsche Bank, Investis Group, and Pictet Private Equity Investors S.A.
When was Taurus founded and where is it based?
Taurus was founded in 2018 and is headquartered in Geneva, Switzerland.
Source: original announcement — read the full report.