OrdinalsBot Raises $3M+ in Seed Funding

ordinalsbot

OrdinalsBot, a London, UK-based company building out the data layer of the BTC blockchain, raised over $3M in Seed funding.

The round was led by DACM with participation from Eden Block, Nural Capital, WWVentures, Lightning Ventures, Oak Grove Ventures, UTXO Management (a fund manager of Bitcoin Magazine), Kenetic Capital, CMS Holdings, Kestrel0x1, Sora Ventures, London Real Ventures, Crypto Zombie, MDX Crypto, and other industry leaders and crypto influencers across the ecosystem.

The company intends to use the funds to further expand its operations, hiring across all functions – specifically BTC developers – and focus on innovative ways to continue to empower users and developers across the Bitcoin Ordinals ecosystem.

Co-founded by Toby Lewis and Brian Laughlan, OrdinalsBot has built out a full suite of products designed to simplify the process of minting and managing Bitcoin inscriptions and BRC-20 tokens including:

  • OrdinalsBot Inscription Tool: Simplifies minting of Ordinals and inscriptions for personal collectors, artists, and token projects. Its launchpad supports easy minting, collection mint events, and BRC-20 token launches with features like controlled launches and lazy mints.
  • OrdinalsBot Scribe: A platform for on-chain blogging, allowing users to format and inscribe text onto Bitcoin, including articles, blogs, book chapters, and more.
  • OrdinalsBot API: Provides premium analytics and collection management tools, along with a marketplace API that supports Ordinals, BRC-20 tokens, rare sats, and more. It also offers indexing of complex relationships, like parent-child hierarchies, to enhance user experiences and storytelling.

FinSMEs

26/03/2024