Tech Company Financing Transactions
Blockstream Funding Round
Blockstream, operating out of Mountain View, raised $125 million from Kingsway Capital and Fulgur Ventures.
Transaction Overview
Company Name
Announced On
1/25/2023
Transaction Type
Venture Equity
Amount
$125,000,000
Round
Undisclosed
Investors
Kingsway Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its renewable energy mining products, and continue developing its own bitcoin miner.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
554 Fayette Dr.
Mountain View, CA 94040
USA
Mountain View, CA 94040
USA
Phone
Undisclosed
Website
Email Address
Overview
Blockstream's core area of innovation is sidechains, a technology focused on improving on the blockchain, the most powerful public utility for distributed trust systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Back
Chief Operating Officer
Erik Svenson
Chief Scientific Officer
Samson Mow
Chief Technical Officer
Lawrence Nahum
Browse more venture capital transactions:
Prev: 1/25/2023: AtomicJar venture capital transaction
Next: 1/25/2023: Denka venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs