Announcements
Jan 25, 2025
Lava Has Raised $30M to Build the Financial System for the Bitcoin Standard
Shehzan Maredia
We’ve now raised $30 million in total financing to build the financial infrastructure for the Bitcoin standard. This milestone includes new participation from both institutional and individual backers who believe in a transparent and secure alternative to the legacy financial system.
Joining our cap table in this round are:
Peter Jurdjevic, representing Qatar Investment Authority
Bijan Tehrani, co-founder of Stake
Charlie Spears, Bitcoin educator
Jake Brown, early-stage investor in bitcoin companies
Lee Linden and Ben Mahdavi, Quiet Capital
Zach White, 8VC
Saurabh Gupta, DST Global
Terry Angelos, Head of Global Fintech at Visa
Aaron Suplizo, Square
And several others who share our long-term vision
They join our existing investors from the Seed and Series A—Founders Fund, Khosla Ventures, Caffeinated Capital, and UTXO Capital—alongside angels like Keith Rabois, Joey Krug, Vinod Khosla, Peter Thiel, and operators from Square, Visa, Anchorage, Uber, and more. What unites them is simple: conviction in what we’re building. Let’s keep going.