Cointime

Bitcoin Startup Lab Raises $1.5M to Advance Web3 Development on Bitcoin Network

Bitcoin Startup Lab, a San Francisco-based BTC pre-accelerator firm, has raised $1.5 million in a strategic funding round led by Sora Ventures, valuing the firm at $20 million. The firm aims to advance Web3 development on the Bitcoin network by supporting entrepreneurs in building their projects through a startup boot camp program.

The program offers a no-nonsense curriculum, mentorship, and co-founder matching to empower founders to develop skills in applying Bitcoin tech and market advantages. Applications to join the boot camp are now open.

BTC
Comments

All Comments

Recommended for you

  • AlphaSense Raises $150M in Series E Funding Round Led by BOND and Alphabet's CapitalG

    AlphaSense, a B2B AI platform focused on business intelligence and search, has completed a successful Series E funding round, raising $150 million. The round was led by BOND and included investments from Alphabet's CapitalG, Goldman Sachs, and Viking Global. AlphaSense's valuation has grown from $1.7 billion to $2.5 billion since its Series D funding round in June 2023. The platform uses machine learning to provide deep insights into business and finance analytics, offering "insights-as-a-service." The latest investment will allow AlphaSense to continue leading the generative AI revolution in the B2B sector.
  • web3 startup IYK raises $16.8 million in seed funding, led by A16z Crypto

    Web3 startup IYK has raised $16.8 million in seed funding, with A16z Crypto leading the way and other investors including 1kx, Collabcurrency, Lattice Capital, and gmoney. According to its website, IYK is a participant in the a16z Crypto Startup School, which is an accelerator program from the venture capital giant that typically invests $500,000 in participating startups in exchange for 7% equity. IYK says that it has recruited over 100 creators from industries such as fashion, music, and art since its founding in 2021. To attract more brands and creators, it is launching a self-service platform to help create digital physical experiences.
  • Oracle project Supra completed over US$24 million in financing, with participation from Animoca Brands and Coinbase Ventures.

    On September 28th, Supra, a provider of oracle and VRF services, announced that it had completed a funding round of over $24 million. Investors in this round include Animoca Brands, BCW, Coinbase Ventures, FiveT Fintech (formerly Avaloq Ventures), Galaxy Interactive, Hashed, HashKey, Huobi Ventures, No Limit Holdings, Prosus Ventures, Razer.com, Republic Crypto, Shima Capital, Signum Capital, SMO Capital, Sound Ventures, Sublime Ventures, UOB Venture Management (Dahua Bank), and Valor Equity Partners.
  • Slope, a Fintech Startup Backed by the Founder of Worldcoin, Completed $30 Million in Financing

    Slope, a financial technology startup supported by Worldcoin founder Sam Altman, announced the completion of a $30 million financing round, with participation from Y Combinator, monashees, and a group of angel investors in the financial technology field. It is reported that Sam Altman and Union Square Ventures jointly led Slope's previous $24 million Series A financing round. So far, the company's total financing amount has reached $187 million.
  • AIOPs Platform Senser Completes US$9.5 Million in Seed Round Financing, Led by Eclipse

    Senser, an AI operations management platform that can provide data analysis support for Web3 infrastructure, announced the completion of a $9.5 million seed round of financing, with Eclipse as the lead investor and Amdocs and other private investors participating.
  • Blockchain-based SaaS company DMX completes INR 20 million seed round

    DMX (Automatrix Limited), a software as a service (SaaS) company headquartered in London with a development center in Hyderabad, India, has announced the completion of a 20 million Indian rupee seed round of financing. DA Fleet Management Services from Australia participated and acquired 1% of the company's equity. DMX mainly uses generative artificial intelligence, blockchain and other technologies to provide intelligent and automated workflow management for enterprises, helping them supervise and control shared documents and workflows.
  • Crypto startup Rated Labs secures $12.89 million in funding

    Rated Labs, a startup company in the encryption infrastructure, has raised $12.888 million in Series A financing to expand its product to multiple other blockchain networks. Archetype, an encryption venture capital firm, led Rated's Series A financing, with seed investors Placeholder, 1confirmation, Cherry and Semantic, as well as new supporters Robot Ventures, Chorus One, Factor and Maelstrom, all participating. Following last year's seed round of $2.5 million, this Series A financing brings Rated's total financing to over $15 million.
  • The second fund of venture capital company P1 Ventures has raised US$25 million and plans to focus on financial technology and other fields.

    Venture capital firm P1 Ventures announced that its second fund has completed a first round of fundraising of $25 million. The new funds will focus on investing in financial technology, SaaS, artificial intelligence and other fields. P1 Ventures has previously invested in several Web3 startups, including leading a $2 million pre-seed round of financing for encrypted payment company Kotani, and participating in a $3 million seed round of financing for NFT sports and entertainment platform Eksab.
  • Encrypted blockchain project Fhenix received $7 million in financing, led by Multicoin Capital

    Fhenix, a confidential blockchain driven by fully homomorphic encryption (FHE), announced the completion of a $7 million seed round of financing led by Multicoin Capital and Collider Ventures, with participation from Node Capital, Bankless, HackVC, TaneLabs, and Metaplanet. These funds will be used to introduce the Fhenix network to the public testnet in early next year and support the development of ecosystem applications.
  • BTC instantly touched 25557 USDT, a 24-hour drop of 5.08%

    According to the market data from OKX, BTC briefly touched 25557 USDT and is currently priced at 25795 USDT, with a 24-hour decline of 5.08%.