We’ve Raised Our Seed Round from Caffeinated Capital, UTXO Capital, and a Dream Team of Angels

Shehzan Maredia

We’re thrilled to announce that Lava has raised our seed round, led by Caffeinated Capital and UTXO Capital, with participation from a powerhouse group of angels across Bitcoin, fintech, and startup infrastructure.

These are builders, operators, and investors who have helped scale companies like Square, Anchorage, Uber, Visa, Coinbase, Google, and many more.

We're proud to have them backing our vision for a new financial system, one where people save in Bitcoin and spend in dollars.

Here's a quick look at some of the incredible people joining us:

Steve Lee (Square, Google)
Nathan McCauley (Founder of Anchorage)
Ben Askren (UFC fighter, Bitcoin advocate)
Jordan Schachtel (Journalist & geopolitical analyst)
Udi Wertheimer (Bitcoin dev & educator)
Gwart (Bitcoin educator)
Eric Wu (Opendoor Founder)
David King (Google)
Sarfraz Maredia (Uber)
Andrew Benson (Cofounder River)
Dennis Pourteaux (Bitcoin dev)
Han Hua (Google Ventures)
Brad Mills (Bitcoin educator)
Emmet Peppers (Youtuber, ex-Interactive Brokers)

All of these investors are people who understand how broken the legacy financial system is and why Bitcoin offers a better foundation. They’re backing Lava because we’re building a system that’s secure from day one.

Thank you to everyone on this team who’s helped bring Lava to life. We’re just getting started.