Venture Capital Firm Raises $100M to Support Bitcoin Startups – Get Ready for the Crypto Revolution! 💸🚀

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Move over, Silicon Valley! Ego Death Capital, a venture capital firm, has just raised a whopping $100 million from family offices and other investors to support early-stage Bitcoin (BTC) companies. Yes, you read that right – a whole lotta moolah for Bitcoin-focused startups! 💰💸

Founding partner Nico Leshuga told Axios in an exclusive interview that the fund aims to back Series A rounds for companies generating between $1 million and $3 million in annual revenue. Leshuga sees “Bitcoin as the only decentralized and secure base to be able to build on.” 🔒🌐

Ego Death Capital is building on Bitcoin at a time of heightened institutional interest in the asset, driven by the strong performance of US spot Bitcoin exchange-traded funds (ETFs) and the growth of corporate Bitcoin treasuries. So, it’s no surprise that they’ve already invested in several Bitcoin-focused startups, including the Roxcom exchange, the Relai savings platform, and Breez, a payments solution built on the Lightning Network. 💳⚡️

But don’t expect them to invest in hardware-focused companies like Bitcoin miners or wallet manufacturers, or back projects related to other cryptocurrencies. They’re all about that Bitcoin life! 🍑

Dozens of publicly traded and private companies have added Bitcoin to their balance sheets – a trend that has only accelerated in recent months. And with venture capital funding in the broader cryptocurrency and blockchain space rebounding sharply in the second quarter, it’s clear that the crypto revolution is just getting started! 🌟📈

Crypto venture capital deals rebound in Q2

Beyond Bitcoin, venture capital funding in the broader cryptocurrency and blockchain space rebounded sharply in the second quarter, with companies raising a cumulative $10.03 billion, according to CryptoRank data. More than half of that funding came in June alone, accounting for $5.14 billion. Some of the largest deals of the quarter included American politician Vivek Ramaswamy’s $750 million Strive fundraise and the launch of 21 Capital, which raised $585 million to acquire Bitcoin.

Overall, second-quarter VC funding marked the industry’s strongest quarter since Q1 2022, when total investments reached $16.64 billion. So, buckle up, folks – the crypto train is leaving the station, and it’s not slowing down anytime soon! 🚂🚀

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2025-07-08 19:08