Ego Death Capital's Second Fund Completes $100 million Fundraising to Support Bitcoin Businesses

Ego Death Capital's second fund has completed a $100 million fundraising, focusing on supporting the expansion of companies in the Bitcoin ecosystem. The fund typically targets companies with annual revenue between $1.00 million and $3.00 million, but whose growth is limited by available capital. The new fund will primarily focus on Series A funding rounds, helping companies with proven results to scale up, while also reserving a small amount of capital for promising early-stage project investments. The second fund has already made some investments, including Bitcoin-based exchange Roxom, Bitcoin savings tool Relai, and Lightning Network-based payment infrastructure Breez. (Axios) [Odaily Planet Daily]