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lava - Series A
Overview Investors Company Profile / Project Introduction
Overview
Funding Date
December 9, 2024
Financing amount
$10M
Valuation
--
Category
Subcategory
About lava - Series A
Lava, a New York-based Bitcoin lending platform, has raised $10 million for its Series A from Khosla Ventures and Founders Fund.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2004 | 11 | -- | ||
| Fund | United States of America | 2005 | 36 | submissions@foundersfund.com | ||
| Fund | United States of America | 2019 | 29 | IR@utxo.management |
Company Profile / Project Introduction
Lava is building tools that help make sovereign finance simple, offering Bitcoin-secured loans, global payments, instant Bitcoin purchases and more. Lava employs cryptographic measures to protect users from risks traditionally encountered in bitcoin-secured loans: custodial risk, initiation risk, repayment risk, and collateral management risk. Collateral security is verifiable on-chain, and automation ensures a reliable loan process.
*Fundraising Announcement: Click here
CoinCarp Fundraising Database is an online crypto and blockchain fundraising information database; that is, all the fundraising-related information is provided by third-party organizations and individuals. However, CoinCarp cannot guarantee the validity of the information found here. The information contained in this Fundraising Database is not investment advice.