Lightning Projectsa Bitcoin venture capital firm, launched Thunder Sponsoreda regulated crowdfunding (Reg CF) portal, was launched at the Bitcoin 2024 conference last week. The platform aims to democratize early-stage investing in Bitcoin and open-source startups by allowing both accredited and non-accredited investors to participate.
Thunder Funder takes advantage of the Reg CF framework, which allows companies to raise up to $5 million per year from the public. For the first time, this opens up emerging investment opportunities that are largely unavailable to retail investors interested in the burgeoning Bitcoin and open source sectors.
Lightning Ventures has invested over $6.8 million in nearly 40 Bitcoin companies. “With this new platform, we are activating a new group of individual investors,” said Mike Jarmoz, CEO of Thunder Funder.
The founding team consists of CTO Uncle Rockstar, an early contributor to BTCPay Server, and COO Vivek Patel, who previously worked at PrimeTrust.
Bitcoin CEO Corey Klipstein’s El Zonte Capital, Max Keiser and Swan have invested in Lightning Ventures’ $500K pre-seed funding round to launch the platform alongside Brad Mills and Chris Hunter.
with Thunder SponsoredNow, ordinary investors can directly fund innovative Bitcoin projects that were previously only available to accredited and institutional investors. This will accelerate the development and progress of the Bitcoin system and the open source ecosystem.