# Liquidium

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

- Industry: Financial Services
- Headquarters: US
- Website: www.liquidium.fi/
- Total disclosed funding: $1.3M
- Latest round: Seed (Dec 11, 2023)
- Investors on record: 5

## About

Based in Delaware, US, and founded in 2022 by Robin Obermaier (CEO), Peter Giammanco, and Julian Mezger, Fungus Inc. doing business as Liquidium is a financial services company that runs entirely on the Bitcoin blockchain, eliminating the need for trust and custodians. In December 2023, Fungus Inc. raised USD 1.25 million in pre-seed funding from Bitcoin Frontier Fund, Side Door Ventures, Actai Ventures, Sora Ventures, UTXO Management, etc. 

Liquidium is an inventor of a peer-to-peer lending network that allows customers borrow against their Bitcoin NFTs. The company's platform, uses Discreet Log Contracts (DLCs) and Partially Signed Bitcoin Transactions (PSBTs), enables normal owners to utilize annotations as collateral for Bitcoin loans. This technique allows users to maintain ownership and exposure to their normal while borrowing and lending, facilitating the exchange of native Bitcoin for native numbers as protection.

## Funding rounds

- Seed, Dec 11, 2023, $1.3M — Sora Ventures, Side Door Ventures, ACTAI Ventures, Bitcoin Frontier Fund, UTXO Management

## Investors

- Sora Ventures (https://capitalatlas.ai/funds/sora-ventures) — Seed
- Side Door Ventures (https://capitalatlas.ai/funds/side-door-ventures) — Seed
- ACTAI Ventures (https://capitalatlas.ai/funds/actai-ventures) — Seed
- Bitcoin Frontier Fund (https://capitalatlas.ai/funds/bitcoin-frontier-fund) — Seed
- UTXO Management — Seed