Bitcoin Startup Raises $116 Million with Qualcomm Ventures as Key Investor
Silicon valley based Bitcoin startup 21 Inc. recently admitted to have raised a whopping $116 million in venture funding. In the past one year and a half, 21 was secretly collecting small chunks of funds from investors like Andreessen Horowitz, Khosla Ventures, and several other firms. The company's CEO and co-fonder Matthew Pauker also revealed eBay cofounder Jeff Skoll, PayPal cofounders Max Levchin and Peter Thiel and Expedia CEO Data Khosrowhahi as one of the 21 Inc.'s investors. However, the name of one investor that surprised the entire community was Qualcomm Ventures - a renowned....
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Stealth bitcoin startup 21 Inc, formerly 21e6, has announced new information about its funding history, staff members and investors, revealing it has raised $116m in fundraising over multiple rounds. In a new interview with the Wall Street Journal, 21 CEO Matthew Pauker indicated that Andreessen Horowitz, Data Collective, Khosla Ventures, RRE Ventures and Yuan Capital are among the firms that have participated in the company's funding rounds. Dropbox CEO Drew Houston; eBay co-founder Jeff Skoll. Expedia CEO Dara Khosrowshahi. PayPal co-founders Peter Thiel and Max Levchin; and Zynga....
San Francisco-based Bitcoin startup Mirror has raised $8.8 million in a Series A financing round, led by Ripple Labs investor Route 66 Ventures. The financing round witnessed participation from Battery Ventures, Crosslink Capital, RRE Ventures, and eminent VC investor and Bitcoin supporter Tim Draper. With this funding, the prediction platform utilizing Bitcoin's blockchain technology will aim to establish itself as the smart financial contracts marketplace. Mirror's CEO Avish Bhama commented:
U.S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith, and Anthony Pompliano also joined the round. Taxbit chief executive officer Austin Woodward said the funds will be invested in the company’s enterprise tools as well as used to expand into Europe this year, with the U.K. as the first port of call. “One of the greatest financial innovations and disruptions of the last century, cryptocurrency, should not be....
With $100 million raised to date, crypto brokerage Bitpanda will be "Europe's next fintech unicorn," says lead investor Valar Ventures.
Coinbase Ventures also joined the round.