Retail Investors Can Now Invest in Bitcoin Startups with Thunder Funder
Lightning Ventures, a VC firm in the Bitcoin space, launched Thunder Funder, a Regulation Crowdfunding (Reg CF) portal, at the Bitcoin 2024 conference last week. The platform aims to democratize early-stage investing in...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Lightning Ventures, a VC firm in the Bitcoin space, launched Thunder Funder, a Regulation Crowdfunding (Reg CF) portal, at the Bitcoin 2024 conference last week. The platform aims to democratize early-stage investing in Bitcoin and open-source startups by allowing both accredited and non-accredited investors to participate.
Thunder Funder leverages the Reg CF framework, which permits companies to raise up to $5 million annually from the public. For the first time, this opens up largely inaccessible startup investment opportunities to retail investors interested in the booming Bitcoin and open source sectors.
Lightning Ventures has invested over $6.8 million in nearly 40 Bitcoin companies. With this new platform, "We're activating a new group of retail investors," said Mike Jarmuz, CEO of Thunder Funder.
The founding team comprises CTO Uncle Rockstar, an early contributor to BTCPay Server, and COO Vivek Patel, who previously worked at PrimeTrust.
Max Keiser and Swan Bitcoin CEO Cory Klippsten's El Zonte Capital invested in the Lightning Ventures $500,000 pre-seed round to launch the platform alongside Brad Mills and Chris Hunter.
With Thunder Funder, regular investors can now directly fund innovative Bitcoin projects that were previously only accessible to accredited and institutional investors. This could accelerate development and progress in the Bitcoin and open-source ecosystem.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin MagazineRelated market context
Toyota Finance opens tokenized bonds to retail investors via app
Toyota's tokenized bonds democratize investment access, potentially reshaping retail finance by integrating blockchain with everyd...
This public company now controls 18% of Zcash mining power after $33 million Winklevoss-linked deal
Cypherpunk Technologies acquired roughly 18% of Zcash’s mining power in a $33.33 million equity deal that could dilute shareholder...
SEC's New Crypto Rule Lets Tokens Raise $75 Million And Eventually Stop Being Securities
The SEC’s proposal makes it easier for crypto projects to raise money in the US and sets out a safe harbour under which a token ca...
SEC proposes new crypto securities framework with exemptions up to $75 million
The SEC's proposal could significantly lower entry barriers for crypto startups, potentially accelerating innovation but also regu...
Bitcoin ETF flows jumped by $137 million, but it only recouped a third of recent losses
Farside’s currently reported $137.3 million U.S. spot Bitcoin ETF inflow on Aug. 17 rested heavily on Fidelity, leaving the sessio...
Strategy raised $334 million from MSTR shareholders last week — Bitcoin got none of it
Strategy (formerly MicroStrategy) directed all $333.7 million raised from common-stock sales last week toward preferred-stock obli...