Lightning Ventures, a enterprise capital agency within the Bitcoin subject, launched the Regulated Crowdfunding (Reg CF) portal Thunder Funder on the Bitcoin 2024 convention final week. The platform goals to democratize early-stage funding in Bitcoin and open supply startups by permitting accredited and non-accredited traders to take part.
Thunder Funder makes use of the Reg CF framework, which permits firms to boost as much as $5 million per 12 months from the general public. For the primary time, this gives retail traders within the booming Bitcoin and open supply house with a largely inaccessible entrepreneurial funding alternative.
Lightning Ventures has invested greater than $6.8 million in almost 40 Bitcoin firms. Thunder Funder CEO Mike Jarmuz stated that via this new platform, “we’re launching a brand new group of retail traders.”
The founding group consists of CTO Uncle Rockstar, an early contributor to BTCPay Server, and COO Vivek Patel, who as soon as labored at PrimeTrust.
Max Keizer and Swan Bitcoin CEO Cory Klippsten’s El Zonte Capital invested $500,000 in a pre-seed spherical in Lightning Ventures, which launched the platform alongside Brad Mills and Chris Hunter.
With Thunder Funder, unusual traders can now straight fund modern Bitcoin tasks that have been beforehand solely obtainable to accredited institutional traders. This could speed up the event and development of Bitcoin and the open supply ecosystem.
