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Lightning Labs Announces $70M Series B Raise

  • Lightning Labs has raised $70 million in its newest funding spherical.
  • The funding will empower the corporate’s purpose to additional increase Bitcoin and Lightning applied sciences.
  • The spherical was led by Valor Equity Partners, early backers of Tesla and SpaceX, and joined by international asset supervisor Baillie Gifford.

Lightning Labs at the moment introduced it had raised $70 million in a collection B funding spherical to additional increase its growth of open-source Bitcoin and Lightning software program, the corporate stated in an announcement despatched to Bitcoin Magazine.

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