Bitlayer Labs Raises $11 Million in Series A Funding to Enhance Bitcoin Scalability

Bitlayer Labs Raises $11M in Series A Funding

Bitlayer Labs raises $11M in Series A Funding

Bitlayer Labs (Linkedin), based in Singapore, has secured $11M in Series A funding, bringing their total funding to $16M. They are on a mission to revolutionize the Bitcoin ecosystem by introducing ultra-scalability while maintaining top-notch security.

Funding Amount: $11 million (Series A)

Industry: Software Development

Employee Count: 11-50

CEO: Charlie Yechuan Hu (CEO Linkedin)

What Bitlayer Labs needs to buy: Bitlayer Labs is seeking partnerships with cryptographic and blockchain engineering experts, marketing agencies, and companies in the Bitcoin and blockchain space. These collaborations will help them further develop their Layer 2 solution, increase brand awareness, and expand their reach in the industry.