Olea Global Pte Ltd, a platform enabling global trade, announced the completion of its $30 million Series A round. The funding round was led by BBVA (Banco Bilbao Vizcaya Argentaria, S.A), with participation from XDC Network, theDOCK, others, as well as existing shareholder SC Ventures, the venture building unit of Standard Chartered Bank.
The capital will focus on innovation: investing “in AI-driven analytics, Web3 readiness, and expertise to deliver high growth solutions, such as embedded finance, aligned with evolving client needs.”
Olea will also scale origination in high-growth markets, “leveraging its global partnership ecosystem.”
This equity injection follows a funding facility announced in November 2024 arranged by HSBC & Manulife | CQS Investment Management.
BBVA, as a lead investor, accelerates Olea’s expansion into new corridors across Europe, the US, Latin America, and Asia.
BBVA and Olea will leverage their strengthens “to innovate together on digital supply chain solutions and risk analytics.”
SC Ventures has incubated Olea and reaffirms its “commitment to the venture’s vision in global trade.”
Further collaboration is being explored in digital assets and AI.
XDC Network, a layer-1 blockchain platform, strengthens Olea’s aim “to support tokenized and stablecoin-enabled trade flows.”
theDOCK, a venture capital firm in the maritime logistics sector, opens new commercial pathways and ecosystem partnerships for Olea.
This milestone reflects investor confidence in Olea’s vision to “transform trade finance through technology, data intelligence, and institutional governance.”
Since being launched in 2022, Olea has built a platform “underpinned by risk management and a Capital Market Services license (CMS) from the Monetary Authority of Singapore (MAS) and established an origination network for trade corridors and partnered with institutional funders to deliver more than $3 billion of financing to suppliers and buyers.”
Olea is currently headquartered in Singapore and was originally “founded with investment from SC Ventures and Linklogis.”
As noted in the update, Olea is a digital infrastructure platform that connects global liquidity with “trade and supply chain opportunities, fueling growth and unlocking potential worldwide.”
Olea has diverse liquidity pools with “varying appetite and focuses.”
Olea’s vision is to connect “capital to opportunity.”
It has a conviction in the role of trade to “support economic development across countries, particularly emerging markets within Asia.”
Olea now reportedly supports suppliers and buyers in “over 70 corridors.”
