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The Venture Codex

Lightning Ventures

New York, NY, 10001, United States

Overview

Lightning Ventures is an exclusively Bitcoin focused network of investors, operators, and developers, dedicated to supporting Lightning Network adoption worldwide. We invested directly through our fund as well as our investor syndicate.

Total investments
8
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Bitcoin
  • Blockchain
  • Cryptocurrency
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Investment portfolio

  • JAN3

    Participated · Seed · Jan 2025

    JAN3 is an El Salvador-based digital infrastructure company led by CEO Samson Mow that focuses on expanding access to Bitcoin technology. Its core product is the AQUA Wallet, a Bitcoin wallet that combines on-chain Bitcoin with Layer 2 scaling technologies like the Lightning and Liquid Networks to offer users efficiency and security. The company intends to use the new funding to accelerate development and marketing of AQUA Wallet and to support its nation-state initiatives. JAN3 raised $5M in a Seed funding round to advance those plans. The financing underscores the company’s early-stage commercial push for its wallet and broader Bitcoin infrastructure efforts. No operating metrics were disclosed in the article.

  • OrdinalsBot

    Participated · Seed · Mar 2024

    OrdinalsBot builds infrastructure and developer tools for the Bitcoin Ordinals ecosystem, including an inscription tool, the Scribe on-chain blogging platform, and a premium API for analytics, collection management and marketplace integration. The team launched as the first automated inscription service in the Bitcoin Ordinals space and has expanded into features for collection mints, BRC-20 launches, lazy minting, and complex indexing such as parent-child hierarchies. OrdinalsBot plans to launch a Trio Marketplace to centralize Ordinals access and will ramp up hiring across functions with a focus on BTC developers. The company says the new capital will help reset dynamics and infrastructure within blockchain to bring new opportunities to the Ordinals and BTC ecosystem. Financially, OrdinalsBot completed an oversubscribed $3M+ seed round as a fast follow to a pre-seed raised less than five months earlier, bringing total funding to over $4.5M. The announcement was released from London. OrdinalsBot builds ordinals infrastructure and recently launched a Software Developer Kit (SDK) to help developers integrate ordinals functionality into their projects. The company says the SDK enables companies and individuals to store data on Bitcoin and serves as a building block for Web3. OrdinalsBot was founded in February 2023 by Brian Laughlan and Toby Lewis and is based in the UK. The startup raised more than $1 million in a Seed funding round to improve ordinals infrastructure. Founders stated the funding and investor support will help them become a premier Bitcoin infra company. The company emphasized renewed developer interest in the space as a catalyst for its plans.

  • Azteco

    Participated · Seed · May 2023

    Azteco operates a voucher system that lets consumers save, spend, and send small amounts of bitcoin, with vouchers redeemable directly to mobile phones like pay-as-you-go top-up vouchers. The company leverages a global network built on trust and local connections to reach users who lack access to traditional financial services. Azteco says its solution targets more than 2 billion smartphone users worldwide who are unbanked, positioning bitcoin as a low-cost, secure alternative for storing value and making purchases. Launched in 2014 and led by Paul Ferguson, the company is based in Santa Monica and also maintains an office in Cape Town, South Africa. Azteco plans to use the new funding for product development and market expansion in Latin America and Europe. The company recently closed a $6M Seed financing to support these efforts.

  • Relai

    Participated · Equity · Mar 2023

    Relai offers a mobile app that makes bitcoin saving and investment accessible by allowing anyone to buy and sell bitcoin within minutes with no registration, verification, or deposits. The company is working on expanding its product suite and improving its offering. Relai intends to use the new funding to continue product development and to expand operations. The team is pursuing a MiCA license as soon as possible. Relai was founded by Julian Liniger and Adem Bilican and operates out of Switzerland. It recently completed a Series A funding round to support its growth plans. Relai is a Zürich, Switzerland–based provider of a non-custodial bitcoin app that enables users to buy and save bitcoin. The app allows anyone in Europe to buy and sell bitcoin within minutes without registration, verification, or deposits and includes a non-custodial wallet that gives users full control over their funds. Relai recently expanded its platform to serve SMEs with a product called Relai Business. The company intends to use new funding to add zero-fee trading, upgrade to the Lightning network, and launch a white-label product enabling fintechs to offer fiat-to-bitcoin trading. Relai was founded by Julian Liniger (CEO) and Adem Bilican (CTO). It raised USD4.5M in the latest funding round. Relai is a Zurich-based bitcoin fintech app founded in 2020 by Julian Liniger and Adem Bilican that aims to make bitcoin investment and saving possible for everyone. Its core product is a consumer app for buying and holding bitcoin; the company says the app has been downloaded more than 100,000 times across Europe and, since its July 2020 launch, has recorded over 23,000 downloads and more than 10,000 paying customers. The latest funding will be used to expand its user base across Europe and to continue innovating the app and product experience. Planned product developments include increasing the number of currencies people can use to invest in bitcoin and launching a bitcoin debit card that rewards users with bitcoin on fiat purchases. Relai positions itself as a simple on-ramp to bitcoin for retail users and is focused on scaling adoption. Relai provides a mobile app that lets users invest in bitcoin within minutes using their own bank account and without extra deposits or registration. Led by CEO Julian Liniger, the company emphasizes simple, fast on‑ramps and direct delivery to user-controlled wallets. Relai is building proprietary brokerage capabilities to enable features such as instant purchases with price lock, optimized execution, and direct delivery to Relai or third-party wallets. The company launched in July 2020 and since then the app has been downloaded over 23,000 times. More than 10,000 users are active paying customers. The recent funding is intended to support the development of an efficient order-processing broker and new offerings for investors buying large amounts of bitcoin.

  • Foundation

    Participated · Seed · Dec 2022

    Foundation produces Passport Prime, a programmable security device running KeyOS, a Rust microkernel operating system developed over three years. Passport Prime ships with a Bitcoin hardware wallet, FIDO security keys, 2FA storage, a secrets vault, and 50GB of encrypted file storage, and began shipping to pre-order customers in March before opening general availability in May 2026. KeyOS is open source and includes QuantumLink, a post-quantum-secure Bluetooth protocol; Foundation offers an SDK, simulator, CLI tooling, and a developer program to build apps and agent workflows for the device. The company plans a KeyOS app store rollout to all users by the end of Q2 and highlights integrations such as Cake Wallet for cold storage. Foundation's hardware is manufactured in the USA in an ITAR-compliant facility. The firm is expanding its remit from Bitcoin self-custody into identity, multi-factor authentication, and AI agent authorization, and has raised $16.5 million in total funding to date.

Team

No current team members are available.