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Midl has secured $2.4M in Seed funding to enhance dApp infrastructure on Bitcoin, led by Draper Associates and Draper Dragon.

Jul 30, 2025•3 days ago

Amount Raised

$2.4 Million

Round Type

seed

DoverCryptocurrencyBlockchainFintech

Investors

Draper DragonDraper Associates

Description

Midl has announced the close of a $2.4 million seed round to develop native decentralized applications on Bitcoin. The round was led by Draper Associates and supported by Draper Dragon. This funding aims to strengthen Bitcoin's financial ecosystem and enable developers to create dApps on the network. Midl is currently in its testnet phase with a mainnet launch expected soon.

Company Information

Company

Midl

Location

Dover, Delaware, United States

About

Midl is a robust infrastructure enabling building directly on top of Bitcoin. Offering full EVM compatibility, Midl unlocks the rich, advanced functionality of Ethereum dApps to Bitcoin users in a seamless and familiar way.

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Funding Insights

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