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Jul 8, 12:59 PM
Ego Death Capital Closes $100 Million Fund for Bitcoin Startups
VC
Blockchains
Business
Crypto

Ego Death Capital Closes $100 Million Fund for Bitcoin Startups

Authors
  • Bitcoin Magazine
  • Lyn Alden
  • Axios
6

Bitcoin-only venture firm Ego Death Capital has closed a $100 million second fund aimed at backing companies that build on or around the Bitcoin ecosystem. The vehicle will focus on firms generating between $1 million and $3 million in annual revenue that have struggled to obtain growth capital. Early allocations have gone to exchange operator Roxom, savings app Relai and payments platform Breez. Ego Death Capital said the new fund will continue its strategy of supporting infrastructure and application-layer startups designed to broaden Bitcoin’s commercial use.

Written with ChatGPT .

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