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Bitlight Labs - Seed
Overview
Funding Date
February 2, 2024
Financing amount
--
Valuation
--
Category
Subcategory
About Bitlight Labs - Seed
Bitlight Labs, an infrastructure builder for the RGB protocol, has completed its seed funding round, dedicating efforts to propel the development of the Lightning Network ecosystem. This funding round was co-led by prominent investors Gate Ventures and HV Capital, with participation from renowned institutions including MH Ventures, Fundamental Labs, Oak Grove Ventures, Moonrock Capital, Eureka Partners, Waterdrip Capital, Mexc Ventures, XT.com, Bitlight Foundation and several notable angel investors.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | -- | -- | 17 | -- | ||
| Corporate | Germany | 2000 | 9 | -- | ||
| Fund | Unknown | -- | 67 | -- | ||
| Fund | China | 2017 | 49 | IR@ fundamental.com.cn | ||
| Fund | Unknown | -- | 16 | -- | ||
| Fund | Germany | -- | 71 | -- | ||
| Fund | Unknown | -- | 3 | -- | ||
| Fund | China | 2017 | 84 | [email protected] | ||
| Fund | Argentina | 2018 | 70 | [email protected] | ||
| Corporate | Emirate of Dubai | 2018 | 3 | [email protected] |
Company Profile / Project Introduction
Bitlight Labs develops infrastructure based on the RGB protocol and the Bitcoin LightningNetwork, committed to build the RGB-LN Ecosystem. Bitlight Labs has initiated several product lines, among which the core application, Bitlight Wallet, stands out as the first non-custodial wallet for the Lightning Network assets in the RGB ecosystem. It aims to pioneer the integration of RGB assets with the Bitcoin Lightning Network, thereby building the RGB-LN ecosystem. Currently in the Alpha Test phase, it is expected to launch on the Bitcoin mainnet and the Lightning Network within a few weeks.