# BOB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bob

- Industry: Internet
- Headquarters: London, UK
- Website: www.gobob.xyz
- Total disclosed funding: $13M
- Latest round: Seed (Apr 8, 2024)
- Investors on record: 17

## About

Based in London, UK, and founded in 2019 by co-founder Alexei Zamyatin, Distributed Crafts Ltd., trading under the name Build on Bitcoin, a.k.a. BOB, operates as a financial technology company that develops blockchain technology for the processing of cryptocurrencies like Bitcoin and Ethereum. In August 2025, BOB raised EUR 8.1 million in venture funding from Anchorage Capital Advisors, Amber Group, Sats Ventures, Castle Island Management, Cathay Ledger Capital, RockawayX, Asymmetric, IOSG Ventures, UTXO Management, Daedalus Ventures, CMS Ventures, Bankless Ventures, Hypersphere Ventures, Alliance Venture, Zee Prime Capital, Sigil, and other unspecified investors. The company provides a hybrid layer 2 security and liquidity L2 solution powered and built by combining the security and liquidity of Bitcoin and Ethereum, enabled by the EVM and the OP stack. BOB supports the Bitcoin ecosystem, including Ordinals, Lightning, and Nostr, powered by cross-chain light clients, a universal Bitcoin smart contract SDK, and the RiscZero zkVM. BOB enables DeFi and innovation across all fields of Bitcoin use cases and experimentation. The company will use the August 2025 funding to accelerate the development of its hybrid chain infrastructure, expand ecosystem integrations, and support institutional adoption.

## Funding rounds

- Seed, Apr 8, 2024, $10M — Alliance Venture, Castle Island Ventures, CMS Ventures, Hypersphere Ventures, Zee Prime Capital, Mechanism Ventures, UTXO Management, AntAlpha, Asymmetric, Bankless Ventures, Web3.com Ventures, Bitcoin Frontier Fund, Tantauco Ventures, RockawayX
- Seed, Jun 24, 2021, $3M — Blockchain Ventures, CMS Ventures, Zee Prime Capital, IOSG Ventures, KR1

## Investors

- Blockchain Ventures (https://capitalatlas.ai/funds/blockchain-ventures) — Seed
- CMS Ventures (https://capitalatlas.ai/funds/cms-ventures) — Seed
- Zee Prime Capital (https://capitalatlas.ai/funds/zee-prime-capital) — Seed
- IOSG Ventures (https://capitalatlas.ai/funds/iosg-ventures) — Seed
- KR1 — Seed
- Alliance Venture (https://capitalatlas.ai/funds/alliance-venture) — Seed
- Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Seed
- Hypersphere Ventures (https://capitalatlas.ai/funds/hypersphere-ventures) — Seed
- Mechanism Ventures (https://capitalatlas.ai/funds/mechanism-ventures) — Seed
- UTXO Management — Seed
- AntAlpha (https://capitalatlas.ai/funds/antalpha) — Seed
- Asymmetric (https://capitalatlas.ai/funds/asymmetric) — Seed
- Bankless Ventures (https://capitalatlas.ai/funds/bankless-ventures) — Seed
- Web3.com Ventures (https://capitalatlas.ai/funds/web3-com-ventures) — Seed
- Bitcoin Frontier Fund (https://capitalatlas.ai/funds/bitcoin-frontier-fund) — Seed
- Tantauco Ventures (https://capitalatlas.ai/funds/tantauco-ventures) — Seed
- RockawayX (https://capitalatlas.ai/funds/rockawayx) — Seed