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Orange Pill App Secures $250k In Pre-Seed Funding To Shape The Bitcoin Social Layer

August 14, 2023
in Bitcoin
Reading Time: 2 mins read
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Immediately, Orange Capsule App, a social networking app that facilitates real-life connections amongst Bitcoin fans, has efficiently raised $250,000 in pre-seed funding, in accordance with a press launch despatched to Bitcoin Journal. 

The funding spherical was led by Lightning Ventures, accompanied by a number of different angel buyers, together with NBA star Matthew Dellavedova and Barefoot Bitcoin Fund.

Orange Capsule App launched in November 2022 and is accessible worldwide to customers on each iOS and Android platforms, aiming to infuse the digital realm with the tangible energy of in-person interactions. The applying’s main focus lies in forming and nurturing real-life communities of Bitcoiners, cementing connections past on-line interactions and creating a sturdy basis for the Bitcoin Parallel Economic system.

“At Orange Capsule App, we consider within the energy of in-person connections and constructing native communities,” mentioned CEO Matteo Pellegrini. “As we proceed so as to add options to our platform, we’re laser-focused on creating the instruments for the Bitcoin Parallel Economic system and connecting Bitcoiners to one another and the experiences & providers that matter to them.”

Since its launch, Orange Capsule App has achieved a powerful international outreach, capturing an viewers of customers spanning throughout throughout 71 nations. 

Mike Jarmuzz, Basic Accomplice at Lightning Ventures, commented, “Matteo Pellegrini is among the many most pushed and hardworking entrepreneurs I do know. His power and fervour for constructing the social layer of Bitcoin by means of The Orange Capsule app is inspiring. In simply a short while, Matteo and the Orange Capsule App group have completed one thing actually distinctive and spectacular, representing solely a glimpse of what is but to come back. We at Lightning Ventures are proud to have backed Matteo and the group from the earliest levels.”

This sentiment was echoed by Bob Burnett, Managing Accomplice at Barefoot Bitcoin Fund and CEO of Barefoot Mining, who highlighted the importance of a platform that bridges the hole inside the Bitcoin group: “A platform that connects the Bitcoin group is essential to its development, well being, and maturity. The Orange Capsule App fills this want, and that’s the reason I’m thrilled to have the Barefoot Bitcoin Fund make investments on this vital venture.”

For extra details about Orange Capsule App’s mission and imaginative and prescient, please go to their web site right here or attain out to Matteo Pellegrini at orangepillapp@gmail.com. 

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Tags: 250KAppBitcoinFundingLayerOrangePillPreseedSecuresshapeSocial
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