Soter Insure Adds Standard Chartered & SBI Group to Series B

UAE-based insuretech Soter Insure has secured new investment from SC Ventures, the investment arm of Standard Chartered, and Japan’s SBI Group as part of the second closing of its Series B funding round.

The second close is led by Galaxy, with follow-on participation from Token Bay Capital. The first closing of the round, announced in July 2026, included Coinbase Ventures, Franklin Templeton and Brevan Howard Digital, while Token Bay Capital previously backed the company at Series A.

Founded in 2024 by Henson Orser and incubated by Further Ventures and WebN Group, Soter Insure develops insurance products for financial institutions operating in the digital asset sector.

The company said the new funding will be used to expand insurance capacity, strengthen its underwriting and technology capabilities, and support growth across Asia-Pacific, Europe and the United States.