Botanix Labs raises $8.5 million in a seed funding round led by Polychain Capital, Placeholder Capital, Valor Equity Partners and ABCDE to build a Bitcoin-native DeFi ecosystem
Amount Raised
$8.5 Million
Round Type
Seed
BostonHardwareSoftwareInvestors
Description
Botanix Labs raised $8.5 million in a seed funding round from Polychain Capital, Placeholder Capital, Valor Equity Partners, and ABCDE, as well as from several angel investors, to build a Bitcoin-native DeFi ecosystem. The funds will be used to build the Spiderchain, a Bitcoin-native Layer 2 primitive with full Ethereum Virtual Machine equivalence, and to grow the company's team for product development.
Quick answer
Botanix Labs raised $8.5 Million in a Seed round, dated May 7, 2024. Investors: Domo, Eric Wall, Blocmates, Xbto Ventures, UTXO Management, Curiosity Capital, Edessa Capital and Walt Smith. Botanix Labs is based in Boston, Massachusetts, United States.
- How much did Botanix Labs raise?
- Botanix Labs raised $8.5 Million in a Seed round on May 7, 2024.
- Who invested in Botanix Labs?
- Domo, Eric Wall, Blocmates, Xbto Ventures, UTXO Management, Curiosity Capital, Edessa Capital and Walt Smith are named as investors in this round.
- What does Botanix Labs do?
- Botanix unites Bitcoin's market cap with Ethereum's dApp ecosystem, fusing the best of both worlds.
- Where is Botanix Labs based and how big is it?
- Botanix Labs is based in Boston, Massachusetts, United States.
- Who are the decision-makers at Botanix Labs?
- Fundz holds 1 contact at Botanix Labs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Software around the same time
Companies in the same sectors as Botanix Labs that raised within 45 days of this round, from Fundz verified event records.
- CAT Labs raised $9.7M on May 23, 2024.
- Chromatic 3D Materials raised $300K (Seed) on April 19, 2024.
- Agility Robotics raised $150M (Series B) on April 4, 2024.
- Manifold raised $15M (Series A) on April 4, 2024.
- Telness Tech raised $5.4M (Funding Round) on April 4, 2024.
- Vodex raised $2M (Seed) on April 3, 2024.
Who to call at Botanix Labs, and when
A new round usually means Botanix Labs is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Botanix Labs raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Botanix Labs, from your own LinkedIn network
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Related People
Botanix 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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