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Nectar Group raises $5M seed round led by Portal Ventures for HoneyB Bitcoin yield platform targeting 2-4% annual returns.
Amount Raised
$5 Million
Round Type
Seed
Investors
Description
Nectar Group, developer of the HoneyB Bitcoin income platform, has raised a $5 million seed round at a $30 million post-money valuation. Portal Ventures led the round structured as a SAFE with a one-for-one token warrant, joined by Peer Venture Partners, Anchorage Digital Ventures, a family office and angel investors. HoneyB enables users to borrow stablecoins against Bitcoin and deploy proceeds into income strategies including US Treasuries, fixed income, credit, gold, volatility and options. The platform plans to launch an institutional product for non-US investors in Q4 2026 and a retail product in Q1 2027.
Fundz sees it the moment Nectar Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Nectar Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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