Ego Death Capital has announced the creation of a new investment fund aimed at supporting Bitcoin-using startups. The fund has raised $100 million to finance growing companies.
Fund Goals and Directions
Ego Death is primarily focused on software startups that are growing steadily but need capital to break through to the next stage. The fund targets firms with annual revenue of $1 to $3 million and aims to be a lead Series A investor.
Initial Investments
Among the fund's early bets are companies like Roxom, a Bitcoin-native exchange platform; Relai, a savings app; and Breez, which builds payment infrastructure on the Lightning Network. Notably, many of these firms generate cash flow in BTC itself, offering investors exposure to revenue streams tied directly to the currency.
Fund Strategy and Philosophy
Founding partner Nico Lechuga stated that Ego Death Capital is different from most crypto-focused funds, as it is not chasing token projects or hardware plays. "We’re in Bitcoin, investing in real companies solving real problems," he said.
Ego Death Capital aims to create an ecosystem around Bitcoin, viewing it not just as a store of value, but as a foundation for building profitable, decentralized businesses.
