Tech Company Financing Transactions
Relai Funding Round
On 12/10/2024, Relai raised $12 million in Series A funding from Ego Death Capital, Plan B Ventures and Timechain.
Transaction Overview
Company Name
Announced On
12/10/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to continue the development of its product suite an expand operations.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Langstrasse 136
Zurich, 8004
CH
Zurich, 8004
CH
Phone
Undisclosed
Website
Email Address
Overview
Founded in Switzerland by Julian Liniger and Adem Bilican after they struggled to find a safe, hassle-free space for buying bitcoin, Relai is making bitcoin saving and investment accessible for everyone. The bitcoin-only app is designed to be simple and intuitive, enabling anyone in Europe to buy and sell bitcoin within minutes, with no need for registration, verification, or deposits. Independently audited, and with over 50 million CHF of bitcoin invested through its platform, Relai is giving consumers the chance to unlock new means of saving and investing.
Management Team
Title
Name
Email & Social
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