What is Stroom?
Founded in 2021 and headquartered in Kyiv, Ukraine, Stroom operates as a liquid staking protocol within the Bitcoin Lightning Network. The company is positioned at the intersection of decentralized finance (DeFi) and Bitcoin's Layer 2 scaling solutions, aiming to enhance the utility and accessibility of Bitcoin through innovative staking mechanisms.
How much funding has Stroom raised?
Stroom has raised a total of $3.5M across 1 funding round:
Angel/Seed
$3.5M
Angel/Seed (2023): $3.5M with participation from Lemniscap and Greenfield Global
Key Investors in Stroom
Lemniscap
Lemniscap is an early-stage investment firm specializing in emerging cryptoassets and blockchain startups, focusing on identifying and supporting innovative projects within the cryptocurrency space.
Greenfield Global
Greenfield Global, established in 1989, operates as a producer and supplier of raw materials, ingredients, and additives, located in Ontario, Canada.
What's next for Stroom?
The recent major enterprise-level funding indicates a strategic phase for Stroom, likely focused on scaling its operations, expanding its technological infrastructure, and increasing market penetration. This capital infusion is expected to accelerate product development and user adoption, solidifying its position in the competitive DeFi landscape. The company's trajectory suggests a strong emphasis on innovation and strategic partnerships to further its mission within the Bitcoin ecosystem.
See full Stroom company page