What is Midl?
Midl operates as a foundational infrastructure platform, empowering the development of native decentralized applications (dApps) and sophisticated financial products directly on the Bitcoin network through the implementation of smart contracts. This capability is crucial for expanding the utility and programmability of the Bitcoin blockchain beyond its traditional use cases.
How much funding has Midl raised?
Midl has raised a total of $2.4M across 1 funding round:
Seed
$2.4M
Seed (2025): $2.4M with participation from Draper Associates and Draper Dragon
Key Investors in Midl
Draper Associates
Draper Associates is a venture capital firm with extensive experience in funding transformative companies across sectors like blockchain and AI. They focus on backing innovative ideas and technologies that aim to redefine industries.
Draper Dragon
Draper Dragon is a cross-border venture fund specializing in early-stage companies within the blockchain and Web3 sectors, connecting Silicon Valley and Asia. They leverage venture capital experience to empower startups redefining global industries.
What's next for Midl?
The recent major strategic investment signals a new phase of growth and development for Midl. With enterprise-level backing, the company is poised to accelerate its roadmap, enhance its platform's capabilities, and potentially forge deeper integrations within the decentralized finance (DeFi) and dApp development communities. This capital infusion is expected to fuel innovation and solidify Midl's position as a key enabler of advanced functionalities on the Bitcoin network.
See full Midl company page
