Lightning Venturesa VC firm in the Bitcoin space, launched Thunder Financiera Regulation Crowdfunding (Reg CF) portal, at the Bitcoin 2024 conference last week. The platform aims to democratize early investment in Bitcoin and open-source startups by allowing both accredited and non-accredited investors to participate.
Thunder Funder uses the Reg CF framework, which allows companies to raise up to $5 million annually from the public. For the first time, this opens up largely inaccessible startup investment opportunities to private investors interested in the booming Bitcoin and open source sectors.
Lightning Ventures has invested more than $6.8 million in nearly 40 Bitcoin companies. With this new platform, “we are activating a new group of private investors,” said Thunder Funder CEO Mike Jarmuz.
The founding team includes CTO Uncle Rockstar, an early contributor to BTCPay server, and COO Vivek Patel, who previously worked at PrimeTrust.
Max Keizer And Swan Bitcoin CEO Cory Klippsten’s El Zonte Capital invested $500,000 in Lightning Ventures’ pre-seed round to launch the platform together with Brad Mills and Chris Hunter.
Of Thunder FinancierRegular investors can now directly fund innovative Bitcoin projects that were previously only accessible to accredited and institutional investors. This could accelerate development and progress in the Bitcoin and open-source ecosystem.