Crypto venture capital funding rebounded in Q2 2025, raising over $10 billion, marking the strongest quarter since Q1 2022.

Ego Death Capital aims to fill a gap in Bitcoin ecosystem funding by acting as a lead Series A investor, emphasizing Bitcoin’s role as a secure, decentralized foundation for building businesses.

The firm is intentionally avoiding speculative crypto projects, focusing instead on companies deriving their business models directly from Bitcoin, some generating cash flow in BTC.

Ego Death Capital has successfully closed its second fund at $100 million, doubling the size of its initial fund, to focus on early-stage Bitcoin startups.

The fund plans to lead Series A rounds with investments ranging from $3 million to $8 million, targeting projects that build on Bitcoin and its emerging layers like the Lightning Network, Fedimint, and Discreet Log Contracts.

Fund II aims to support companies utilizing Bitcoin to solve real-world problems, emphasizing Bitcoin as infrastructure rather than a speculative asset.

The rise in institutional interest in Bitcoin is driven by strong US spot Bitcoin ETF performance and the growth of corporate Bitcoin treasuries.

This increased interest in Bitcoin-focused startups reflects a broader trend among crypto VCs to see Bitcoin as a secure foundation for real-world applications beyond just a digital asset.

Ego Death Capital emphasizes investing in Bitcoin as infrastructure, supporting companies with working products and early traction, rather than speculative projects.

The firm seeks to attract investors interested in Bitcoin’s established dominance within the $3+ trillion digital asset industry, which accounts for over 60% of the market.

Portfolio companies include Relai, a Bitcoin self-custody app, and Roxom, a Bitcoin-based securities exchange, with investments already made in Relai, Roxom, and Lightning Network derivatives platform LN Markets.