Ego Death Capital has closed a $100 million funding round to back early-stage Bitcoin startups, signaling growing institutional confidence in BTC-focused ventures. The fund targets companies generating $1-3M annual revenue for Series A investments, according to founding partner Nico Leshuga.
The VC firm has already deployed capital into key Bitcoin ecosystem players including exchange Roxcom, savings platform Relai, and Lightning Network payment solution Breez. ——"We see Bitcoin as the only decentralized and secure foundation for building,"—— Leshuga emphasized, ruling out investments in altcoin projects or hardware manufacturers.
【Corporate Bitcoin adoption】has surged alongside spot ETF inflows, with public companies adding 【$4.2B】worth of BTC to balance sheets in Q2 2025 alone. This trend appears to validate Ego Death's investment thesis as institutional participation reaches new highs.
The raise comes during a crypto venture capital resurgence, with Q2 seeing 【$10.03B】invested across blockchain projects - the strongest quarter since early 2022. June alone accounted for 【51%】of quarterly totals, driven by mega-raises like Strive's $750M fund and 21 Capital's $585M Bitcoin acquisition vehicle.
Interestingly, while Ego Death maintains exclusive Bitcoin focus, the broader VC recovery suggests renewed appetite across crypto sectors. The fund's selective approach contrasts with generalist investors now returning to the space after 2023's downturn.
Market observers note the timing aligns with several bullish developments: spot Bitcoin ETFs now hold 【834,000 BTC】, corporate treasuries continue accumulating, and developer activity on Bitcoin Layer 2 solutions hit record levels. ——"This isn't 2021's speculative frenzy - we're seeing real infrastructure being built,"—— commented one industry analyst.
As of press time, Ego Death's portfolio companies report combined monthly transaction volumes exceeding 【$120M】, with the new funding expected to accelerate growth across Bitcoin's financial stack. The firm plans to announce its next investments before Q3's end.