Alpen Labs raised $10.6M in a funding round led by Ribbit Capital to enhance Bitcoin’s blockchain scalability using zero-knowledge proofs and introduce smart contract functionality to Bitcoin.
Amount Raised
$10.6 Million
Round Type
Funding Round
New YorkBlockchainCryptocurrencyInvestors
Description
Alpen Labs, a Bitcoin layer-2 developer, successfully raised $10.6 million in a funding round led by Ribbit Capital. The startup aims to enhance Bitcoin’s blockchain scalability using zero-knowledge proofs and introduce smart contract functionality to Bitcoin through its rollup infrastructure.
Quick answer
Alpen Labs raised $10.6 Million in a Funding Round round, dated April 14, 2024. Investors: Axiom Capital, Robot Ventures, Castle Island Ventures and Ribbit Capital. Alpen Labs is based in New York, New York, United States.
- How much did Alpen Labs raise?
- Alpen Labs raised $10.6 Million in a Funding Round round on April 14, 2024.
- Who invested in Alpen Labs?
- Axiom Capital, Robot Ventures, Castle Island Ventures and Ribbit Capital are named as investors in this round.
- What does Alpen Labs do?
- We’re expanding global financial access & individual agency through ZK-enabled infrastructure on Bitcoin.
- Where is Alpen Labs based and how big is it?
- Alpen Labs is based in New York, New York, United States.
- Who are the decision-makers at Alpen Labs?
- Fundz holds 1 contact at Alpen Labs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Blockchain and Cryptocurrency around the same time
Companies in the same sectors as Alpen Labs that raised within 45 days of this round, from Fundz verified event records.
- Aperture Finance raised $12M (Series A) on May 29, 2024.
- NodeOps raised $5M (Seed) on May 27, 2024.
- Plume Network raised $10M (Seed) on May 23, 2024.
- Plume Network raised $8M on May 22, 2024.
- Layer3 raised $21M on May 21, 2024.
- DwellFi raised $1.4M (Seed) on May 16, 2024.
Who to call at Alpen Labs, and when
A new round usually means Alpen Labs is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Alpen Labs raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Alpen Labs, from your own LinkedIn network
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Fundz sees it the moment Alpen Labs raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Alpen Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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