Ego Death Capital raises $100 million to back Bitcoin-native startups, focusing on software startups with $1-3 million in annual revenue in need of capital to grow.
The fund aims to be a lead Series A investor in the space and has set aside a portion for high-potential seed-stage opportunities, focused on investing in real companies addressing genuine problems in Bitcoin.
Ego Death Capital's early investments include Roxom, Relai, and Breez, which operate in Bitcoin-related services and generate cash flow in BTC, providing investors exposure to revenue streams linked to the currency.
The fund's backers are primarily family offices aligned with Bitcoin, emphasizing growing an ecosystem around the asset, with Ego Death Capital focusing on using Bitcoin as a foundation for profitable, decentralized businesses.