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      BOB's Logo

      BOB - Seed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      March 27, 2024

      Financing amount

      $10M

      Valuation

      --

      Catagory

      Infrastructure

      Subcategory

      Bitcoin Layer 2

      About BOB - Seed

      BOB, a hybrid layer-2 network – sitting atop the Bitcoin blockchain, but with Ethereum compatibility – has raised $10 million in seed funding. The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures, UTXO ManagementAllianceAntalpha Ventures, Bitcoin Frontier FundWeb3.com Ventures, Rockaway, Zee Prime CapitalviaBTC Capital, Lucky Friday, Modular CapitalDaedalusIOSG Ventures, along with angel investors Dan Held and domo, creator of the BRC-20 token standard. 

      On , Coinbase Ventures has joined the BOB's $10M seed round.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United States of America 2018 56 info@castleisland.vc
      Fund United States of America 2020 94 --
      Fund Unknown 2022 31 --
      Fund United States of America 2018 306 --
      Fund United States of America 2019 152 info@cmsholdings.io
      Fund United States of America 2019 26 IR@utxo.management
      DAO Unknown -- 43 --
      Fund Singapore -- 19 --
      Fund Unknown 2021 16 --
      Corporate Singapore -- 15 --

      Founders & Team

      Dominik Harz's Logo

      Dominik Harz

      Alexei Zamyatin's Logo

      Alexei Zamyatin

      Company Profile / Project Introduction

      BOB is a hybrid L2 that combines the security of Bitcoin with the versatility of Ethereum. BOB aims to bridge Bitcoin's mass adoption potential with Ethereum Virtual Machine (EVM) capabilities and its ecosystem through a rollup solution using Bitcoin for security and enabling users to access dapps, DeFi and stablecoins. By bridging this gap, BOB hopes to enable developers to build dapps on the world's largest blockchain network and allow the users of that network greater access to innovative applications on the Ethereum network without having to leave the Bitcoin blockchain.

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      *Fundraising Announcement: Click here