Fundz

Stroom Raises $3.5M To Solve Lightning Network's Liquidity Challenges

PRIVATEAug 31, 2023

Amount Raised

$3.5 Million

Round Type

Seed

BlockchainCryptocurrency

Investors

Cogitent VenturesNo Limit HoldingsLemniscapMission StreetGreenfield

Description

Kyiv’s Stroom Network has secured $3.5 million in an oversubscribed Seed funding round.

Quick answer

Stroom raised $3.5 Million in a Seed round, dated August 31, 2023. Investors: Cogitent Ventures, No Limit Holdings, Lemniscap, Mission Street and Greenfield.

How much did Stroom raise?
Stroom raised $3.5 Million in a Seed round on August 31, 2023.
Who invested in Stroom?
Cogitent Ventures, No Limit Holdings, Lemniscap, Mission Street and Greenfield are named as investors in this round.
What does Stroom do?
Stroom is a Bitcoin Liquid Staking Protocol in Lightning Network.

Source: Fundz verified event record.

Who else raised in Blockchain and Cryptocurrency around the same time

Companies in the same sectors as Stroom that raised within 45 days of this round, from Fundz verified event records.

  • Untangled Finance raised $14M (Funding Round) on October 11, 2023.
  • Membrane Labs raised $20M (Funding Round) on October 11, 2023.
  • Crypto Co raised $20K (Seed) on October 3, 2023.
  • Monark Markets raised $600K (Seed) on October 1, 2023.
  • Alpha Compute raised $1 on September 29, 2023.
  • Avantis Labs raised $4M (Seed) on September 26, 2023.

Who to call at Stroom, and when

A new round usually means Stroom is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Stroom raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Stroom, from your own LinkedIn network

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Company Information

Company

Stroom

About

Stroom is a Bitcoin Liquid Staking Protocol in Lightning Network. It allows Bitcoin (BTC) holders to earn Lightning routing fees while optionally harvesting additional yield in Ethereum’s DeFi ecosystem.

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Stroom 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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