Bima Labs Raises $2.25M for Bitcoin-backed Stablecoins and Expansion

Bima Labs raises $2.25M in Seed Funding

Bima Labs, a San Mateo-based developer of Bitcoin-backed stablecoins, recently secured $2.25M in seed funding to expand their operations and enhance their platform. They are targeting cryptocurrency enthusiasts, blockchain developers, and financial institutions with their stablecoin solutions.

Funding Amount: $2.25 million

Industry: Insurance

Employee Count: 10001+

CEO: Gurpal Singh (CEO Linkedin)

What Bima Labs needs to buy: Bima Labs is seeking partnerships with blockchain platforms and networks to integrate their stablecoin. They are also looking to hire technical experts in blockchain technology and stablecoin development. Additionally, they require marketing and branding support to promote their stablecoin solution and attract users and investors. Companies specializing in blockchain integration, technical expertise, and marketing services should consider selling their products to Bima Labs.