What is Midl?
Midl operates as an infrastructure platform designed to empower native decentralized applications (dApps) and financial products directly on the Bitcoin network through the implementation of smart contracts. This innovative approach aims to expand the capabilities of the Bitcoin ecosystem, enabling more complex financial instruments and applications to be built and deployed.
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 Dragon and Draper Associates
Key Investors in Midl
Draper Dragon
Draper Dragon is a cross-border venture fund connecting Silicon Valley and Asia, focusing on early-stage companies in the blockchain and Web3 sectors. They partner with visionary founders to drive innovative solutions globally.
Draper Associates
Draper Associates is a global venture capital firm with over 40 years of experience funding transformative companies, focusing on backing innovative ideas and technologies that shape the future across sectors like AI, blockchain, and biotech.
What's next for Midl?
The substantial enterprise-level funding indicates Midl is poised for significant scaling and further development of its core infrastructure. This strategic capital injection will likely fuel expansion into new markets, enhance platform capabilities, and foster broader adoption of dApps and financial products on the Bitcoin network. The company's focus on smart contracts for Bitcoin positions it at the forefront of innovation in decentralized finance (DeFi) and blockchain technology.
See full Midl company page