Tech Company Financing Transactions
Build on Bitcoin Funding Round
Build on Bitcoin closed a $10 million Seed venture capital round on 3/27/2024. Backers included Castle Island Ventures, Antalpha Ventures and Asymmetric Capital Partners.
Transaction Overview
Company Name
Announced On
3/27/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to support the rollout of the first Bitcoin L2 with EVM compatibility to foster innovation on the network and the creation of a Bitcoin dApp ecosystem.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
1st Floor South, 101 New Cavendish Street
London, W1W 6XH
UK
London, W1W 6XH
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
BOB (Build on Bitcoin) enables DeFi and innovation across all fields of Bitcoin use cases & experimentation. Whatever you're building on Bitcoin, BOB is your swiss-army-knife for all things build on Bitcoin. At the core, BOB leverages the Ethereum Virtual Machine (EVM) to enable the creation and execution of smart contracts ensuring compatibility with existing developer tooling, wallets, as well as key block explorers and data analytics infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Alexei Zamyatin
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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