Ego Death Capital Secures $100M to Back Bitcoin-Focused Startups
2025-07-10 04:35:35
Main Idea
Ego Death Capital has closed a $100 million fund to invest in Bitcoin-focused startups, particularly those generating at least a million in revenue, with initial investments in companies like Roxom, Relai, and Breez.
Key Points
1. Ego Death Capital secured a $100 million fund aimed at backing Bitcoin-focused startups.
2. The fund targets startups generating at least a million in revenue, primarily software projects rather than infrastructure firms.
3. Initial investments include Bitcoin-based exchanges Roxom and Relai, and Lightning payments firm Breez.
4. Nico Lechuga, Founding Partner of Ego Death Capital, commented on the fund's focus.
Description
Bitcoin venture capital firm Ego Death Capital on Tuesday closed a $100 million fund that will focus on investing in Bitcoin software startups, according to reporting by Axios. The fund will specifically aim to back startups in the seed or series A stage with anywhere between $1 million and $3 million in revenue. These will
Latest News
- Bitcoin Price Watch: Can Bulls Regain Control Above $112K?2025-07-10 13:41:55
- Bitget Annual Trading Competition KCGI Launches With $6 Million Prize Pool2025-07-10 13:20:47
- Trump Administration Imposes 50% Tariff on Brazilian Imports2025-07-10 11:37:36
- Alchemy Pay Empowers Yala to Launch Bitcoin-Native Card and Expand Fiat Access for $YU2025-07-10 11:23:18
- Ripple Partners With BNY to Serve as RLUSD Custodian2025-07-10 10:36:05