UK

[Funding alert] UK-based Startup OrdinalsBot Secures $1M in Seed Funding

Oct 9, 2023 | By Startup Rise EU

OrdinalsBot, a UK-based platform for ordinals infrastructure, has raised more than $1 million in a Seed investment round.
Co-Founder of OrdinalsBot - Toby Lewis

OrdinalsBot, a UK-based platform for ordinals infrastructure, has raised more than $1 million in a Seed investment round.

Read also - London-based Lottie Secures €20 million Series A Round Funding

Kestrel 0X1, Lightning Ventures, Bitcoin Magazine Ecosystem Fund, Bitcoin Frontier Fund, Angsana Investments, Deep Ventures, and angel investors Sebastien Borget, Howard Morgan, Micah Spruill, Ivan Brightly, and Dillon Healy are among the investors who participated in the investment round.

Read also - Insulation Startup VARM Secures a Seven-Figure Pre-Seed Round of Funding

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Brian Laughlan, co-founder of OrdinalsBot said, “It’s amazing to see developers returning into the space. Together with our investors and recent seed funding, we are building one of the premier infra companies on Bitcoin”.

Toby Lewis, co-founder of OrdinalsBot said, ¨We are proud that OrdinalsBot is one of the first companies in the ordinals sector to raise a $1 million round. We strongly believe that ordinals is a huge market development and OrdinalsBot will enable companies and individuals to store data on Bitcoin and is a key building block in the next wave of Web 3,”.

Read also - French SaaS Firm, Scnd” Raises €4 million in Funding

About OrdinalsBot

In February 2023, Brian Laughlan and Toby Lewis established the company. It now released its Software Developer Kit (SDK), giving developers the tools they need to easily involve ordinals capabilities into their creations.

Read also - French cybersecurity Firm Nano Corp has Raises a $4.2 million Seed Round Funding

The innovative platform OrdinalsBot allows innovators and developers to tap into the untapped potential of the Bitcoin Ordinals protocol. For inscriptions, token era, digital collectibles, and other tasks, we offer readily accessible tools and resources, promoting innovation, security, and community expansion within the Bitcoin ecosystem.

Read also - Hungary-based Startup Flawless Secures $2.2 Mn in Seed Funding

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