{"id":41911,"date":"2025-04-03T08:29:16","date_gmt":"2025-04-03T13:29:16","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=41911"},"modified":"2025-04-03T09:29:25","modified_gmt":"2025-04-03T14:29:25","slug":"bitcoin-startups-raised-nearly-1-2-billion","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/news\/bitcoin-startups-raised-nearly-1-2-billion","title":{"rendered":"Bitcoin Startups Raised Nearly $1.2 Billion"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p>New research from venture capital firm <a href=\"https:\/\/tvp.fund\/\" target=\"_blank\" rel=\"noopener\">Trammell Venture Partners (TVP)<\/a> highlights continued growth in bitcoin native startup activity, with nearly $1.2 billion raised by early-stage companies between 2021 and 2024. Despite a broader downturn in crypto and tech venture capital markets during 2023 and 2024, Bitcoin-specific startup formation and funding showed resilience, particularly at the Pre-Seed stage.<\/p>\n\n\n\n<p>According to the 2024 edition of <a href=\"https:\/\/bitcoinmagazine.com\/tags\/trammell-venture-partners\">TVP\u2019s<\/a> <em>Bitcoin-Native Venture Capital Landscape Research Brief<\/em>, Bitcoin Pre-Seed startup transaction volume rose 767% compared to 2021, signalling a maturing and sustained venture category. In 2024 alone, Pre-Seed transaction counts increased 50% year-over-year, while the overall deal count for Bitcoin-native startups grew by 31.8%.<\/p>\n\n\n\n<iframe loading=\"lazy\" src=\"https:\/\/drive.google.com\/file\/d\/16eRXcmAjEZbvqQzElQJaLkecBs815Wi7\/preview\" width=\"640\" height=\"480\" allow=\"autoplay\"><\/iframe>\n\n\n\n<p>\u201cOne or two years\u2019 data might represent an anomaly, but with four consecutive years of year-over-year growth at the earliest stage of Bitcoin startup formation, the data now confirm a sustained, long-term venture category trend,\u201d said <a href=\"https:\/\/x.com\/mecee\">Christopher Calicott<\/a>, Managing Director at <a href=\"https:\/\/bitcoinmagazine.com\/tags\/trammell-venture-partners\">TVP<\/a>.<\/p>\n\n\n\n<p>TVP defines a <em>Bitcoin-native<\/em> company as one whose product success is inherently aligned with Bitcoin&#8217;s success and which leverages the Bitcoin protocol stack in its core operations.<\/p>\n\n\n\n<p>While overall venture capital dollars in the crypto sector declined, TVP\u2019s findings show that Bitcoin-specific investments bucked the trend. In 2024, Bitcoin-native deals made up a growing share of venture activity, with notable participation from institutional VC firms such as Draper Associates, Founders Fund, Y Combinator, and Ribbit Capital.<\/p>\n\n\n\n<p>TVP\u2019s report excluded <a href=\"https:\/\/bitcoinmagazine.com\/tags\/bitcoin-mining\">mining<\/a> operations and late-stage outlier deals to focus on early-stage software and infrastructure startups. The data set includes activity from 2021 through 2024 and aims to offer clarity to allocators seeking long-term exposure to Bitcoin\u2019s startup ecosystem.<\/p>\n\n\n\n<p>The full report is available for download via <a href=\"https:\/\/tvp.fund\/perspectives\/\" target=\"_blank\" rel=\"noopener\">TVP\u2019s official website.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin-native startups have raised nearly $1.2 billion between 2021 and 2024, according to new research from Trammell Venture Partners. Early-stage activity continues to grow despite broader market declines.<\/p>\n","protected":false},"author":2513,"featured_media":41918,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4378],"tags":[176,776,458],"class_list":{"0":"post-41911","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-startups","9":"tag-trammell-venture-partners","10":"tag-venture-capital"},"author_data":{"id":2513,"name":"Vivek Sen","nicename":"vivek-sen-bitcoin","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/03\/cropped-vivek-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/04\/image-5.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/41911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2513"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=41911"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/41911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/41918"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=41911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=41911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=41911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}