# Block Green

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/block-green

- Industry: Software
- Headquarters: Zug, Switzerland
- Website: www.block.green
- Total disclosed funding: $3.7M
- Latest round: Seed (Jun 1, 2022)
- Investors on record: 8

## About

Based in Zug CH, Switzerland, and founded in 2022, Block Green is a financial services company developing a decentralized capital market protocol centered around Bitcoin. In June 2022, the firm raised USD 3.7 million in seed funding led by investor Founders Fund, with participation from other investors 10x Founders, Blizzard Fund, Coinbase Ventures, etc. The firm as of June 2022, is led by its co-founders Sebastien Hess (CEO) and Bastian Becker (COO).

The company’s solution will provide its users, with a sustainable and renewably powered blockchain infrastructure for Bitcoin mining operations, and access to fair and transparent revenue-based financing on-chain. The solution will also offer its users revenue-based financing through its decentralized finance (DeFi) protocol, offer its miners to use their future Bitcoin production as collateral by borrowing against their existing hash power, and an ecosystem connecting bitcoin miners with a sustainable source of funding.

## Funding rounds

- Seed, Jun 1, 2022, $3.7M — Founders Fund, Global Founders Capital, FJ Labs, Coinbase Ventures, dao5, 10x Founders, Blizzard Fund, New Layer Capital

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- dao5 (https://capitalatlas.ai/funds/dao5) — Seed
- 10x Founders (https://capitalatlas.ai/funds/10x-founders) — Seed
- Blizzard Fund (https://capitalatlas.ai/funds/blizzard-fund) — Seed
- New Layer Capital (https://capitalatlas.ai/funds/new-layer-capital) — Seed