Otomato Secures $2 Million Investment from Top UK Tech Firm

Coinsilium Group Limited has announced a $2 million strategic investment secured by its portfolio company, Otomato Web3 Automation Protocol. The investment comes from a leading UK deep-tech venture builder and marks a significant development for Otomato, which specializes in creating autonomous agents for managing tasks without coding expertise.

The new funding has prompted a shift in Otomato's capital structure, with Coinsilium's interest now reflected through shares in Dyment Labs, Otomato's Singapore-based entity. Additionally, Otomato has targeted the Hyperliquid protocol for further integration, leveraging the protocol's rapid growth and extensive ecosystem to enhance its offerings.

Otomato focuses on developing automation tools and has already identified over 1,500 real-world applications, positioning itself as a pivotal player in the expanding decentralized finance sector. This investment allows Otomato to concentrate on long-term development, backed by a strong endorsement of its innovation.