Portfolio News ⚡️Live Deals⚡️New Fund⚡️Bitcoin Atlantis

Portfolio News ⚡️Live Deals⚡️New Fund⚡️Bitcoin Atlantis

Author

Mike Jarmuz
February 19, 2024

Hey Bitcoiners, the price is pumping, and we’re just getting started. We’ve got some updates for you. A short newsletter here with some portfolio news, some really exciting live deals, a new fund, and a chance to hang out IRL in Madeira!

Our friend Martell Fox from Layer4Talent is putting on a cool pitch event in Maidera, and we’re working on a Satoshi Rockamoto. Make sure to register for the events; they’re both free.

Read on for all the details.

Swan Bitcoin Unveils Mining Unit

Swan is proud to be hashing! Swan Mining began operations in Summer 2023. Currently operates at 4.5 exahash, with deployment expected to exceed 8 EH by March. Over 750 BTC mined to date.

www.swanbitcoin.com/swan-bitcoin-unveils-mining-unit

Strike announces move to fee-based pricing

From Spreads To Fees: Simple, transparent, and cheap pricing for Bitcoiners

strike.me/blog/from-spreads-to-fees-simple-transparent-and-cheap-pricing-for-bitcoiners

Fountain releases v 1.0.6 - Background Audio Downloads

The best and only Bitcoin-enabled Podcast App has had another update. Episodes will now download in the background on your device - even if your connection drops out.

fountainpodcasts.substack.com/p/1-0-6

OrdinalsBot

They are on fire 🔥 and we are doubling down with this round. We have a hard cap of $100k for our allocation, and this round is now fully subscribed. We’re expecting this to fill quickly & close very soon.

These guys make it super easy to inscribe ordinals on Bitcoin and are fast becoming recognized as the market leader in the space. How about a $6 million run rate? They generated $550k in revenue last month. Bada Boom. View the deal here.

$6M Run Rate 🤯

Record Volume & Growing!

Amber App

The best and only app for DCA’ing in Australia! Lightning integration is coming soon. They’re expanding outside the land down under too. Amber has many exciting products in the pipeline, like AmberNode, AmberConcierge, AmberVault, and TribeKey. View the deal here.

MetaBit Games

MetaBit believes that the future of casual mobile gaming lies at the intersection of free-to-play and play-and-earn, and they are proving it! Check out the first title, Homegrown, a farming/simulation game with a strong focus on self-expression customization. We are excited to have them join the Lightning Ventures family.
View the deal here.

Super sticky farming game!

Bitcoin & Lightning! Visa Debit Cards, Banking Rails, IBAN, and SEPA!

Bringin

Bringin is a super cool payments app that lets you instantly spend Bitcoin from any Bitcoin wallet, even at places that don't accept BTC. It does this by creating a one-time virtual debit card through Lightning invoice payments, so it's fast and secure. Plus, you can also convert Bitcoin into Euros from your wallet to your bank account and make instant payments.

🚨NODE 2 LAUNCH🚨

We are very excited to announce that our Node 2 Fund has gone live! With our investing thesis and strategy, we are by far the most diversified Bitcoin VC. Node 1 companies include: RelaI, Swan, Jan3, Breez, Azteco, Unchained, Strike, IBEX, Slice, CoinCorner, Bitnob, THNDR Games, Scarce City, Start9, Bitstack, Osmo, Beaver Bitcoin, Ordinalsbot, Satsback, and more. We’ll be continuing the journey with our second fund. Hit us up to learn more. Pre-seed to Series A. $100k minimum with a 25% capital call structure.

We are so excited about Bitcoin Atlantis, the lineup looks amazing and the whole weekend is going to be jam-packed. A load of the Lightning⚡️Ventures team will be attending and it looks like most of our portfolio companies will be represented in one way or another.

As well as speaking, Muzz will be on the judging panel for the Pitch Day competition for startups

If that’s not enough LV action for you, we’re also organizing a Satoshi Rockamoto 🤘🎸

FREE Madeira Special Meetup Party, Fri, Mar 1, 2024, 7:00 PM | Meetup

Every month F.R.E.E. Madeira organises a Bitcoin meetup. This time we’ll welcome all Bitcoin Atlantis attendees for a Special Meetup, in a very special place!

www.meetup.com/madeira-bitcoin-meetup-group/events/297068040

There’s still time to grab yourself a ticket, and you can get 10% off with the code LTNGVENTURES

Bitcoin Venture Capital with Alyse Kileen of Stillmark

Last week, we carried out a great interview with Alyse Killeen, an absolute powerhouse in the Bitcoin VC world. She has been actively investing in Bitcoin startups since 2013.

In this discussion, Alyse speaks about Stillmark’s thesis-driven investing, how evaluating new paradigms is central to their process, and gives great insight into the current state of Bitcoin VC.