Thunder Funder is a new RegCF funding portal dedicated to
supporting open-source and bitcoin companies. This is
a major step in expanding retail access to investing in these
areas.
MIAMI, Aug. 2, 2024
/PRNewswire-PRWeb/ -- In a move set to shake up the world of
startup investing, Lightning Ventures, a prominent venture capital
firm in the Bitcoin and open-source technology space,
announced the launch of Thunder Funder (ThunderFunder.com), a
groundbreaking Regulation Crowdfunding (Reg CF) portal. This
innovative platform is set to democratize early-stage technology
investing in open-source startups, making it accessible to
accredited and non-accredited investors.
Lightning Ventures' core mission has always
been to be a routing node for venture capital in the
Bitcoin world. With Thunder Funder, we're activating a
new group of retail investors and expanding our focus into other
open-source areas, like NOSTR.
The launch comes when interest in open-source and
Bitcoin is at an all-time high. Thunder Funder is
designed to revolutionize the ways these projects are funded. By
leveraging the Reg CF framework, which allows companies to raise up
to $5 million annually from the
general public, Thunder Funder is positioned to capitalize on this
growing interest while providing new opportunities in largely
inaccessible areas for individuals and especially retail
investors.
Mike Jarmuz, CEO of Thunder
Funder, explained the vision behind the platform: "Lightning
Ventures' core mission has always been to be a routing node for
venture capital in the Bitcoin world. With Thunder
Funder, we're activating a new group of retail investors and
expanding our focus into other open-source areas, like NOSTR."
The launch comes with significant backing from the
Bitcoin community. LTNG Ventures Inc., Thunder
Funder's parent company, closed a $500,000 pre-seed funding round with
participation from notable industry figures. Investors include El
Zonte Capital, led by Cory
Klippsten, Max Keiser, and
Stacy Herbert. Other notable
Bitcoin angels and operators include Brad Mills, Chris
Hunter, and Lyle Pratt.
Cory Klippsten, CEO of Swan
Bitcoin and General Partner of El Zonte Capital,
expressed enthusiasm for the project: "El Zonte Capital is excited
to support Thunder Funder's mission to bridge the gap between
retail investors and Bitcoin startups."
Lightning Ventures brings a strong track record to this new
venture. The firm previously deployed a pilot fund investing in
nearly 40 Bitcoin-only companies and operated what it
claims was the world's largest Bitcoin-focused
investing network, with over 2,000 members who invested
$6,800,000 in
Bitcoin-only companies.
The founding team of Thunder Funder boasts significant
experience in the Bitcoin and FinTech sectors.
Alongside CEO Mike Jarmuz, the team
includes CTO Uncle "Rockstar" Dev, formerly of Strike and a major
contributor to BTCPay Server, and COO Vivek
Patel, previously of PrimeTrust and an active
Bitcoin angel investor.
Chris Hunter, a serial
Bitcoin startup entrepreneur, commented on the launch:
"It's exciting to see Lightning Ventures continue to push the
boundaries of what's possible in this space."
The official announcement of Thunder Funder took take place at
Bitcoin 2024 in Nashville, where more details about the
platform and its operations were revealed.
As the open-source and Bitcoin investment sectors
continue to evolve, platforms like Thunder Funder could play a
crucial role in shaping the future of tech investment. By opening
up opportunities to a broader range of investors, they have the
potential to accelerate innovation and growth.
For those interested in learning more about Thunder Funder and
its investment opportunities, visit ThunderFunder.com. Additional
information about Lightning Ventures can be found at
LTNG.Ventures.
About Thunder Funder: Thunder Funder is a Reg CF Funding Portal
revolutionizing how people invest in open-source technology. The
platform provides accredited and non-accredited investors
opportunities to support innovative startups in the open-source and
Bitcoin spaces.
About Lightning Ventures: Lightning Ventures is a venture
capital firm focused on investing in and supporting the next
generation of market-defining Bitcoin companies.
Media Contact
Mike Jarmuz, Lightning Ventures,
(310) 260-7901, mike@thunderfunder.com, https://ltng.ventures
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SOURCE Lightning Ventures