Ego Death Capital has closed a $100 million fund to invest in software companies built on the Bitcoin protocol, positioning itself as a lead Series A investor in the Bitcoin ecosystem.
The fund primarily targets Series A stage companies with annual revenues between $1 million and $3 million that are focused on Bitcoin solutions, with some allocation for seed-stage ventures.
Most of the fund's investors are Bitcoin-aligned family offices, reflecting a growing interest in sustainable Bitcoin-focused businesses generating revenue.
Ego Death Capital has already made investments in companies like Roxom, Relai, and Breez, all building businesses on the Lightning Network and Bitcoin ecosystem.