BOB raised $10M in a seed funding led by Castle Island Ventures to support the rollout of the first Bitcoin L2 with EVM compatibility.
Amount Raised
$10 Million
Round Type
Seed
LondonFinancial ServicesBlockchainCryptocurrencyInvestors
Description
BOB, a hybrid Layer-2 platform powered by Bitcoin and Ethereum, closed a $10M seed funding round led by Castle Island Ventures with participation from Mechanism Ventures, Bankless Ventures, CMS Ventures, UTXO Management, Asymmetric, Antalpha, Web3.com Ventures, BTC Frontier Fund, Zeeprime, and notable angels like Dan Held and Domo. The company intends to use the funds to support the rollout of the first Bitcoin L2 with EVM compatibility to foster innovation on the network and the creation of a Bitcoin dApp ecosystem.
Quick answer
Bank of Baroda raised $10 Million in a Seed round, dated March 27, 2024. Investors: Domo, Dan Held, Zeeprime, BTC Frontier Fund, Web3.Com Ventures, Antalpha, Asymmetric and UTXO Management. Bank of Baroda is based in London, England, United Kingdom.
- How much did Bank of Baroda raise?
- Bank of Baroda raised $10 Million in a Seed round on March 27, 2024.
- Who invested in Bank of Baroda?
- Domo, Dan Held, Zeeprime, BTC Frontier Fund, Web3.Com Ventures, Antalpha, Asymmetric and UTXO Management are named as investors in this round.
- What does Bank of Baroda do?
- Build on Bitcoin (BOB) is a London-based startup focused on creating a hybrid Layer-2 solution that harnesses the strengths of both Bitcoin and Ethereum ecosystems to foster innovation and development of Bitcoin-based..
- Where is Bank of Baroda based and how big is it?
- Bank of Baroda is based in London, England, United Kingdom.
- Who are the decision-makers at Bank of Baroda?
- Fundz holds 1 contact at Bank of Baroda. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Blockchain around the same time
Companies in the same sectors as Bank of Baroda that raised within 45 days of this round, from Fundz verified event records.
- Animoca Brands raised $1.8M (Seed) on April 26, 2024.
- Crypto Valley Exchange raised $7M (Seed) on April 21, 2024.
- HQLAᵡ raised an undisclosed amount (Series C) on April 18, 2024.
- OpenTrade raised $3.2M (Seed) on April 15, 2024.
- Mayan raised $3M (Seed) on April 11, 2024.
- Stream Trading raised $1.5M (Seed) on April 10, 2024.
Who to call at Bank of Baroda, and when
A new round usually means Bank of Baroda is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Bank of Baroda raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bank of Baroda, from your own LinkedIn network
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Related People
Bank of Baroda 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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