Tag: fundraising

Aug 26 2021

Blockstream's $210 Million Raise Is Critical In The Global Bitcoin Arms Race

Blockstream's $210 million raise will play a big role in North American ASIC production and manufacturing.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.As...

Jul 29 2021

Survey: 85% Of Bitcoiners Care About An Exchange Funding Bitcoin Development

According to a survey conducted by OkCoin, a large majority of Bitcoiners care about helping fund Bitcoin development.The development of Bitcoin, to those unaware, can seem like a mysterious machine acting behind hidden curtains. Not unlike the Wizard of Oz, hidden behind all of the smoke and fire are normal human beings dedicating their lives to improving the network which we so...

Jul 20 2021

Bitcoin Exchange FTX Raises $900 Million, Largest Raise In Exchange History

FTX Trading Ltd just raised $900 million from over 60 investors and now has a $18 billion valuation.Today, fan-favourite bitcoin exchange FTX Trading Ltd. announced the completion of a 900 million Series B fundraise at an $18 billion valuation, per a release sent to Bitcoin Magazine.According to the release, over 60 investors participated such as the Paul Tudor Jones family,...

Jul 19 2021

Report: Iris Energy Seeking $200 Million Ahead Of Nasdaq Listing

Sustainable bitcoin miner Iris Energy is reportedly seeking a $200 million fundraising round to aid its plans for listing on the Nasdaq.According to Bloomberg, bitcoin mining company Iris Energy is planning a $200 million fundraising round before seeking a direct listing on the...

Jul 13 2021

BIT Raises $50 Million To Help Bitcoin Mining Expansion Out Of China

BIT Mining announced a raise of around $50 million for the company to expand and move its operations out of China.BIT Mining, a bitcoin mining company and owner of the BTC.com mining pool, has announced that it has reached securities purchase agreements with select investors to raise $50...

Jul 01 2021

Largest Exchange In Latin America, Mercado Bitcoin, Raises $200 Million From SoftBank

Major Brazilian exchange Mercado Bitcoin has raised $200 million from SoftBank and will seek to increase offerings and penetrate new markets.The biggest bitcoin exchange in Latin America, Mercado Bitcoin, has raised $200 million from SoftBank as...

Jun 22 2021

Mining Farm Turning Waste Coal Into Bitcoin Raises $105 Million

Stronghold, a bitcoin mining company that claims to eliminate 200 tons of waste coal for each bitcoin mined, has raised $105 million.According to a press release sent to Bitcoin Magazine, Stronghold Digital Mining, an ESG- friendly and vertically-integrated bitcoin mining company based in Pennsylvania, has raised $105 million in two private placements of equity securities.The firm is focused on...

Jun 16 2021

Swiss Bitcoin Investment App Relai Raises $2.7 Million

Switzerland-based bitcoin investment app Relai raised more than $2.7 million in a series A round and now seeks to build a proprietary broker.Relai, a Switzerland-based app designed to make bitcoin investing simple in Europe, has announced a raise of 2.5 million Swiss francs (roughly $2.778 million) in series A funding led by Swiss venture capital firm Redalpine.“The capital injection will be...

Jun 10 2021

Hardware Wallet Manufacturer Foundation Devices Raises $2 Million In Seed Round

Bitcoin hardware wallet manufacturer Foundation Devices has raised $2 million in a seed round led by venture fund Bolt.Foundation Devices, a bitcoin hardware wallet manufacturer, has announced it has raised $2 million in a seed round led by early-stage venture fund Bolt. Along with the round, Tyler Mincey, a partner at Bolt who...

Bitcoin Wallet Manufacturer Ledger Completes $380 Million Fundraise At $1.5 Billion Valuation

Jun 10 2021 Published at Bitcoin Magazine under tags  business fundraising ledger

Bitcoin hardware wallet manufacturer Ledger has raised $380 million, giving it unicorn startup status at a $1.5 billion valuation.Ledger, a hardware wallet manufacturer for bitcoin and other cryptocurrencies, has announced the completion of a...

This Defi Startup Unbounds The Locked AMMs Liquidity

Unbound Finance plans to become the world’s first-ever decentralized cross- chain stablecoin is one step closer to become a reality as it completes a recent funding round. Unbound Finance in a press release shared with Altcoin Buzz disclosed that it has raised $5.8 million from several top crypto VCs and Angel investors. Participants in the fundraising event include top players in the crypto space...

May 27 2021

Fold Opens Access To Sats-Back Debit Card, Announces $13 Million Series A

May 27 2021 Published at Bitcoin Magazine under tags  business fold fundraising sats back

Bitcoin rewards platform Fold has opened access to its bitcoin rewards debit card and announced a $13 million fundraising round.Bitcoin rewards app Fold has announced that its sats-back debit card is now accessible to all U.S. residents. “Instead of offering points or airline miles typically found in most card programs, Fold provides bitcoin rewards through a gamified experience that emphasizes healthy...

May 26 2021

Bitcoin Lending Platform Ledn Raises $30 Million In Series A

May 26 2021 Published at Bitcoin Magazine under tags  business fundraising ledn

Bitcoin lending platform Ledn has announced the completion of a $30 million series A financing round.Bitcoin lending platform Ledn has announced the completion of a $30 million series A financing round.The platform lets users open interest-bearing bitcoin savings accounts and take out bitcoin-backed loans, giving them access to fiat without having to sell their BTC. It also offers services based on...

May 12 2021

Ed Carpenter Racing Will Run A Bitcoin Car In The Indianapolis 500, Raising Money For Development With Strike

A black-and-orange, bitcoin-adorned Chevrolet will compete in this year’s Indianapolis 500, with a mission to raise funds for development.Millions of viewers will see a Bitcoin car compete for first place in this year’s Indianapolis 500.IndyCar Series team Ed Carpenter Racing (ECR) has announced that it will enter the No. 21 Bitcoin Chevrolet, a black-and-orange race car adorned thoroughly with the Bitcoin...

May 05 2021

In Wake Of Tragedy, El Salvador’s Bitcoin Community Raising Donations For Memorial Surf Center

Bitcoin Beach’s bitcoin fundraiser is in honor of the late Kathy Díaz, an El Salvador national surf team member who was struck by lightning.Bitcoin Beach, the bitcoin-focused project giving residents of a modest beach community in El Salvador unprecedented access to financial autonomy, is driving a global...

Apr 08 2021

NYDIG Raises $100 Million, Details Bitcoin-Powered Insurance Strategy

Apr 08 2021 Published at Bitcoin Magazine under tags  business fundraising insurance nydig

NYDIG has announced a $100 million raise of growth capital with strategic partnerships and hires for a bitcoin-powered insurance strategy.In an April 8, 2021 release,...

Mar 20 2021

Unmarshal Raises $2.6M to Build Multi-Chain Data Indexing Protocol

DeFi data network Unmarshal recently raised $2.6 million in a funding round in order to build a multi-chain data indexing protocol. According to Unmarshal the fundraising event was largely successful due to the immense support it received from the top industry players. It will channel the funds to create a data indexing protocol that will be able to adequately meet the needs of...

Feb 16 2021

Bitcoin Mining Group Luxor Technologies Announces Pre-Seed Fundraising

Feb 16 2021 Published at Bitcoin Magazine under tags  fundraising luxor mining

Today, bitcoin mining pool and software company Luxor Technologies announced a $725,000 pre-seed fundraising round. Argo Blockchain, Routemaster, Celsius Network, Bitnomial and a number of individuals participated in the round, according to a release shared with Bitcoin Magazine. Among Luxor’s products are Hashrate Index, a...

Bitcoin Mining Group Luxor Technologies Announces Pre-Seed Fundraising

Feb 16 2021 Published at Bitcoin Magazine under tags  business fundraising luxor

Luxor Technologies, a North American firm that offers a range of bitcoin mining services, raised $750,000 in pre-seed fundraising.Today, bitcoin mining pool and software company Luxor Technologies announced a $725,000 pre-seed...

Feb 09 2021

Investors Pump $250M Into Reddit Following Social Media Site’s Role in GameStop Mania

Feb 09 2021 Published at CoinDesk under tags  fundraising news reddit series e

The company plans to double its headcount to 1,400 by the end of 2021.

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