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      Bitlayer's Logo

      Bitlayer - Series A

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      July 23, 2024

      Financing amount

      $11M

      Valuation

      $300M

      Subcategory

      Layer 2

      About Bitlayer - Series A

      Bitcoin Layer 2 project Bitlayer Labs has successfully raised $11 million in its Series A funding round. The round was led by Franklin Templeton, ABCDE, and Framework Ventures, with additional participation from Stake Capital Group, Wagmi Ventures, Flow Traders, and GSR Ventures.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundUnited States of America194726--
      FundSingapore202227--
      FundCanada201986hello@framework.ventures
      FundSwitzerland201619corporate@capitalstake.com
      FundUnited States of America202117--
      FundJapan201212--
      CorporateUnited States of America200425info@flowtraders.com
      FundUnited States of America200420--

      Founders & Team

      Charlie Hu's Logo

      Charlie Hu

      Kevin He's Logo

      Kevin He

      Company Profile / Project Introduction

      Bitlayer is the first Bitcoin Layer 2 network based on BitVM, offering Bitcoin-equivalent security and Turing-completeness. Bitlayer is committed to becoming the computation layer for Bitcoin. It introduces ultra-scalability and inherits Bitcoin's L1 security, providing users with high throughput and a low-cost transaction experience.

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      *Fundraising Announcement: Click here