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Breez raised $5 million in a funding round led by Entrée Capital to enhance its Lightning Network solutions for Bitcoin transactions.

Jan 24, 20256 months ago

Amount Raised

$5 Million

Tel AvivCryptocurrencyPaymentsBlockchainFintechFinancial Services

Investors

TimechainPlan ₿ FundEgo Death CapitalEntrée Capital

Description

Bitcoin payment startup Breez has completed a $5 million funding round with investors including Entrée Capital, ego death capital, Plan ₿ Fund, and Timechain. The funding will support Breez's development of non-custodial SDKs for easier integration of P2P payments.

Company Information

Company

Breez

Location

Tel Aviv, Tel Aviv District, Israel

About

Breez is a Bitcoin payment startup focused on providing Lightning Network solutions. They offer embedded non-custodial SDKs that allow any company to easily integrate P2P payments. Their technology enables users to access their Bitcoin from various devices or applications, streamlining the payment process. Breez aims to simplify the value creation for companies without the complexities of managing Lightning infrastructure.

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Funding Insights

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers