# Plasma

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

- Industry: Financial Services
- Total disclosed funding: $24M
- Latest round: Series A (Feb 13, 2025)
- Investors on record: 11

## About

Founded in 2024, Plasma is a payment solutions company focused on leveraging Bitcoin technology to provide secure, zero-fee transactions for users and merchants. In October 2024, Plasma raised USD 3.5 million in venture funding from Bitfintex, Anthos Capital, Karatage, Manifold Trading and, Split Capital. In February 2025, Plasma raised USD 24 million in venture funding led by new investor Framework Ventures, with participation from returning investor Bitfinex. Individual investors also participated in the round.


Plasma provides a payment solution that creates easy, zero-fee payment options using Bitcoin for security. The company's main product allows smooth transactions between users and merchants by using blockchain technology to improve safety and efficiency. Aiming to meet the demand for affordable and secure payment methods, the company primarily serves e-commerce businesses, fintech companies, and consumers who value privacy and low costs. The company focuses on key markets like North America, Europe, and parts of Asia, where cryptocurrency use is growing quickly. By catering to a range of clients, including small to medium-sized businesses and individual users, Plasma seeks to simplify payment processes and lower costs compared to traditional financial systems.

The company plans to use the February 2025 funding to enhance its blockchain technology platform.

## Funding rounds

- Series A, Feb 13, 2025, $24M — Nomura Private Equity, Flow Traders, DRW Venture Capital, Bitfinex, Framework Ventures, 6th Man Ventures, Bybit, Mirana Ventures, Karatage, USDT0, IMC Strategic Investments

## Investors

- Nomura Private Equity (https://capitalatlas.ai/funds/nomura-private-equity) — Series A
- Flow Traders (https://capitalatlas.ai/funds/flow-traders) — Series A
- DRW Venture Capital (https://capitalatlas.ai/funds/drw-venture-capital) — Series A
- Bitfinex — Series A
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Series A
- 6th Man Ventures (https://capitalatlas.ai/funds/6th-man-ventures) — Series A
- Bybit — Series A
- Mirana Ventures (https://capitalatlas.ai/funds/mirana-ventures) — Series A
- Karatage (https://capitalatlas.ai/funds/karatage) — Series A
- USDT0 — Series A
- IMC Strategic Investments (https://capitalatlas.ai/funds/imc-strategic-investments) — Series A