Ego Death Capital has officially closed a $100 million fund to invest in startups building software exclusively on Bitcoin. The venture firm is focusing on early growth-stage companies, particularly those in their Series A phase, with annual revenues between $1 million and $3 million and proven customer traction.
The fund is designed to support businesses that use Bitcoin not just as an asset, but as core infrastructure — with real-world applications, sustainable cash flow, and scalable potential.
Investing in Bitcoin as Infrastructure, Not Just Currency
Unlike general crypto funds, Ego Death Capital is taking a focused approach. This second fund will primarily back Bitcoin-native software companies solving practical problems, especially those generating consistent revenue. A smaller portion of the fund will also be reserved for high-potential seed-stage ventures.
Founding partner Nico Lechuga said the mission is to invest in “real companies solving real problems,” all built with Bitcoin as the technological foundation. The firm is stepping in to fill a major funding gap for startups that don’t fit the mold of traditional crypto or Web3 projects, yet are leveraging Bitcoin in deeply innovative ways.
Notable early investments include:
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Roxom – A Bitcoin-based exchange platform
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Relai – A Bitcoin savings app designed for everyday users
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Breez – A Lightning Network-powered payments platform
Each of these startups reflects Ego Death’s thesis: Bitcoin can be more than a store of value — it can power real businesses.
Backed by Bitcoin Experts and Family Offices
The fund has attracted backing from Bitcoin-focused family offices, highlighting growing institutional interest in businesses building directly on Bitcoin. Industry thought leaders Preston Pysh and Lyn Alden have also joined as general partners, bringing deep expertise and influence to the firm’s leadership team.
Lechuga believes that Bitcoin is the only base layer secure and decentralized enough to support long-term infrastructure. “We’re not interested in hype cycles or token speculation,” he said. “We’re here to fund sustainable, Bitcoin-powered businesses that can thrive for decades.”
With this new fund, Ego Death Capital aims to play a leading role in shaping the next wave of Bitcoin-native innovation — where software meets sound money.
