[Utila Completes $22 Million Series A Funding Round, Led by Red Dot Capital Partners] According to Foresight News, as reported by The Block, Utila has completed a $22 million Series A funding round led by Red Dot Capital Partners. Other participants include Nyca, Wing VC, Digital Currency Group, Cerca Partners, Funfair Ventures, and SilverCircle. The company's co-founder and CEO, Bentzi Rabi, revealed plans to expand their team of over 40 employees by 15-20 members this year.