Archetype Leads Seed Financing for TACEO
Deal News | Aug 18, 2025 | Legal Community Germany
The US-based venture capital firm Archetype has successfully led a seed financing round of USD 5.5 million for TACEO, a promising crypto startup from Graz. Alongside Archetype, prominent investors including a16z Crypto, Cyber.Fund, A.Capital Ventures, Polymorphic, and business angels participated in this investment. The well-regarded law firm LARK provided comprehensive legal guidance to Archetype, alongside US firm Cooley, while Schnherr represented TACEO. Founded in 2022 as a spin-off from the Graz University of Technology, TACEO offers innovative software technology aimed at allowing secure collaboration on sensitive data through private shared state infrastructure. This round marks a significant step for Archetype in its focus on early-stage investments in crypto, Web3, and associated technologies.
Sectors
- Venture Capital
- Cryptocurrency/Blockchain
- Legal Services
Geography
- United States – Home to Archetype and other investors like a16z Crypto involved in the funding.
- Austria – Base of operations for TACEO and its technological advancements, stationed in Graz.
Industry
- Venture Capital – Involves the investment by venture capital firms like Archetype in early-stage startups such as TACEO.
- Cryptocurrency/Blockchain – Pertains to TACEO's operations and product offering which leverage blockchain technology for data protection and collaboration.
- Legal Services – Significant role played by law firms such as LARK, Cooley, and Schnherr in facilitating the investment transaction.
Financials
- USD 5.5 million – The total seed financing amount raised by TACEO led by Archetype.
- EUR 4.8 million – The equivalent of USD 5.5 million in Euros for the seed financing round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Archetype | Lead Investor | Company | A venture capital fund focused on early-stage investments in crypto and Web3 spaces. |
| TACEO | Target Company | Company | A startup providing innovative software solutions for secure data collaboration, founded as a spin-off from Graz University of Technology. |
| a16z Crypto | Investor | Company | A renowned venture capital firm from Silicon Valley participating in TACEO's seed round. |
| LARK | Legal Advisor | Company | Business law firm that advised Archetype in the investment in TACEO. |
| Cooley | Legal Advisor | Company | US law firm that collaborated with LARK on advising Archetype. |
| Schnherr | Legal Advisor | Company | Austrian law firm representing TACEO in the investment transaction. |
| Cyber.Fund | Investor | Company | Investment firm participating in TACEO's funding. |
| A.Capital Ventures | Investor | Company | Venture capital firm involved in the seed funding round for TACEO. |
| Polymorphic | Investor | Company | One of the investors in TACEO's seed funding. |