Bima Labs
Latest round
- Seed
Last raised
- Jul 2024
Total raised
- $2.3M
Investors
- 7
About Bima Labs
Bima Labs developed USBD, which is a Bitcoin-backed stablecoin, that can be minted by providing Bitcoin liquid staking and restaking tokens as collateral. The company accepts collateral from several blockchains, including Bitcoin, Bitcoin scaling networks, Ethereum Virtual Machine (EVM)-compatible networks and Solana. In addition, the firm’s platform allows users across various BTC L2s and side chains to stake their Bitcoin as collateral and restake corresponding liquid staking and staking tokens into a vault to mint USBD (Universal Stable Bitcoin Dollar).
Who invested in Bima Labs
7 investors across 1 round
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Funding rounds
Seed
Jul 15, 2024
Amount
$2.3M
Investors
Questions about Bima Labs
Who invested in Bima Labs?
Bima Labs has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Bima Labs raised?
Bima Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Bima Labs last raise money?
Bima Labs's most recent round on record is a Seed, in Jul 2024.
What does Bima Labs do?
Bima Labs developed USBD, which is a Bitcoin-backed stablecoin, that can be minted by providing Bitcoin liquid staking and restaking tokens as collateral.
Where is Bima Labs headquartered?
Bima Labs is headquartered in San Mateo, US.
Which VCs invest in companies like Bima Labs?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Bima Labs's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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