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Stroom Network - Seed
Overview
Funding Date
August 31, 2023
Financing amount
$3.5M
Valuation
--
Catagory
About Stroom Network - Seed
Stroom Network, a liquid staking project for Bitcoin's Lightning Network, has raised $3.5 million in an oversubscribed seed funding round led by Berlin-based crypto investment firm Greenfield, with strategic support from Mission Street, the venture arm of Ankr. The funding round was also joined by Lemniscap, No Limit Holdings, and Cogitent Ventures, along with several other venture capital firms and angel investors.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Germany | 2018 | 10 | -- | ||
| Fund | Hong Kong | 2017 | 84 | info@lemniscap.vc | ||
| Corporate | Unknown | -- | 15 | -- | ||
| Fund | -- | -- | 50 | -- |
Founders & Team
Rostyslav Shvets
Slava Zhygulin
Company Profile / Project Introduction
Stroom DAO is a financial protocol between the Bitcoin Lightning Network and EVM-based blockchains (e.g. Ethereum). Stroom allows users to earn Lightning Network revenue without locking up BTC and maintaining their own node infrastructure.