ChainCatcher news, according to Cointelegraph, Bitcoin and ZK infrastructure company Fiamma has completed a $4 million seed round funding, led by Lightspeed Faction and L2IV, with participation from Astera Ventures, Contribution Capital, Sats Ventures, Chapter One, and FoundersHead. The investment also includes participation from major strategic investors in the Bitcoin infrastructure space, such as BOB (Build on Bitcoin), as well as various angel investors including the founders of Satlayer and Daedalus. The company plans to use this investment to expand Fiamma's business, accelerate product development, and drive the adoption of its foundational technology.
Fiamma is a Bitcoin and ZK infrastructure company dedicated to transforming Bitcoin into a dynamically programmable asset. It is unlocking practical use cases for Bitcoin, turning it into a dynamic asset and the foundation for decentralized internet and financial systems. Fiamma's products include the Bitcoin bridge Fiamma Bridge and the Bitcoin ZK validation layer Fiamma Layer powered by BitVM2.
