Tech Company Financing Transactions

Bitlayer Labs Funding Round

On 10/8/2024, Bitlayer Labs announced $9 million in Series A financing from Franklin Templeton, Polychain Capital and G20 Ventures.

Transaction Overview

Company Name
Announced On
10/8/2024
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to accelerate the development and deployment of Bitlayer, enhancing its scalability, efficiency, and user accessibility.

Company Information

Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Undisclosed
Singapore, Undisclosed
Singapore
Phone
Undisclosed
Email Address
Not Recorded
Overview
Bitlayer is the first Layer 2 solution offering Bitcoin-equivalent security and Turing completeness. It's also the first built on BitVM. Bitlayer aims to bring secure scalability to the Bitcoin ecosystem, promoting asset diversity and spurring innovation for a faster, safer, and more flexible user experience.
Profile
Bitlayer Labs LinkedIn Company Profile
Social Media
Bitlayer Labs Company Twitter Account
Company News
Bitlayer Labs News
Facebook
Bitlayer Labs on Facebook
YouTube
Bitlayer Labs on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Kevin He
  Kevin He LinkedIn Profile  Kevin He Twitter Account  Kevin He News  Kevin He on Facebook
Co-Founder
Charlie Hu
  Charlie Hu LinkedIn Profile  Charlie Hu Twitter Account  Charlie Hu News  Charlie Hu on Facebook


 

 

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Prev: 10/8/2024: AcreShield venture capital transaction
Next: 10/8/2024: Lighthouse Tech venture capital transaction

 

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