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Bitflow Labs Raises $1.3 Million in Pre-Seed Funding to Solve Fractured Liquidity Across the Bitcoin Ecosystem

Jan 25, 2024over 1 year ago

Amount Raised

$1.3 Million

Round Type

seed

MiamiCryptocurrencyBlockchainFintechFinancial Services

Investors

Tykhe Block VenturesGenblock CapitalNewman CapitalBig Brain HoldingsBitcoin Startup LabBitcoin Frontier FundPortal Ventures

Description

Bitflow Labs, Inc. has announced a successful $1.3 million pre-seed funding round led by Portal Ventures, to continue building critical infrastructure for Bitcoin DeFi.

Company Information

Company

BitFlow

Location

Miami, Florida, United States

About

BitFlow is a decentralized exchange that removes malicious middlemen through smart contracts and decentralized liquidity pools, enabling Bitcoiners to trade and earn real yield while leveraging the security, capital, and network of Layer 1 Bitcoin.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers