Announcements
Dec 9, 2024
We’ve Raised Our $10M Series A from Founders Fund and Khosla Ventures
Shehzan Maredia
We’re excited to share that Lava has closed a $10 million Series A led by Founders Fund and Khosla Ventures, with participation from some of the most respected investors in tech and crypto: Keith Rabois, Vinod Khosla, Joey Krug, Jon Chu, and Peter Thiel.
This is more than just a financing milestone. It is a validation of the product and the team behind it.
"This is a very specific opportunity and a specific entrepreneur," Keith Rabois told Fortune, referring to Lava. At a time when much of the crypto lending landscape is still recovering from the mistakes of the last cycle, Lava is showing a better way forward—one that puts transparency and technical integrity at the center. We’re not just another lender. We’re proving that it’s possible to build an anti-fragile, Bitcoin-native financial system that serves real users and real needs. The coverage in Fortune this week captured a lot of this momentum. If you haven’t read it yet, you can read the article here.
Thank you to every one of you who helped get us to this point. Series A is just the beginning. Let’s go build the financial infrastructure for the Bitcoin standard.