Citrea raised $14M in a Series A funding led by Peter Thiel’s Founders Fund to expand operations and development efforts.
Amount Raised
$14 Million
Round Type
Series A
George TownBlockchainCryptocurrencyInvestors
Description
Citrea, a company based in George Town, Cayman Islands, has successfully raised $14M in Series A funding. The funds will be used to enhance their Bitcoin scalability solution and expand their operations.
Quick answer
Citrea raised $14 Million in a Series A round, dated October 31, 2024. Investors: Founders Fund, Erik Voorhees, Balaji Srinivasan, Jameson Lopp and Maven11. Citrea is based in George Town, Grand Cayman, Cayman Islands.
- How much did Citrea raise?
- Citrea raised $14 Million in a Series A round on October 31, 2024.
- Who invested in Citrea?
- Founders Fund, Erik Voorhees, Balaji Srinivasan, Jameson Lopp and Maven11 are named as investors in this round.
- What does Citrea do?
- Citrea is a blockchain startup focused on bringing decentralized finance to the Bitcoin blockchain, which is known for its security and decentralization.
- Where is Citrea based and how big is it?
- Citrea is based in George Town, Grand Cayman, Cayman Islands. Fundz records about 11 employees.
Source: Fundz verified event record.
Who else raised in Blockchain and Cryptocurrency around the same time
Companies in the same sectors as Citrea that raised within 45 days of this round, from Fundz verified event records.
Who to call at Citrea, and when
A new round usually means Citrea is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Citrea raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Citrea, from your own LinkedIn network
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Funding Insights
What this usually meansCitrea 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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