Tech Company Financing Transactions
Relai Funding Round
Relai secured a $4.5 million financing round on 3/6/2023. Investors included Cabrit Capital, Ego Death Capital and Fulgur Ventures.
Transaction Overview
Company Name
Announced On
3/6/2023
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Undisclosed
Proceeds Purpose
Funds will go towards expanding platform services with zero-fee trading, upgrading to Lightning, and launching a white-label product that will let other fin-techs offer fiat-to-bitcoin trading.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Langstrasse 136
Zurich, 8004
CH
Zurich, 8004
CH
Phone
Undisclosed
Website
Email Address
Overview
Founded in Switzerland by Julian Liniger and Adem Bilican after they struggled to find a safe, hassle-free space for buying bitcoin, Relai is making bitcoin saving and investment accessible for everyone. The bitcoin-only app is designed to be simple and intuitive, enabling anyone in Europe to buy and sell bitcoin within minutes, with no need for registration, verification, or deposits. Independently audited, and with over 50 million CHF of bitcoin invested through its platform, Relai is giving consumers the chance to unlock new means of saving and investing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Julian Liniger
Chief Financial Officer
Maurizio Trenti
Chief Marketing Officer
Imo Babics
Chief Technical Officer
Adem Bilican
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We do our best to report on every notable VC transaction. All VC database entries reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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