|[August 22, 2014]
BitFury Capital Makes First Investment into the Bitcoin Ecosystem
SAN FRANCISCO & AMSTERDAM --(Business Wire)--
BitFury Capital, a seed fund
and a subsidiary of the leading Bitcoin infrastructure provider BitFury
Group, today announced its first investment into a prominent bitcoin
The deal is a milestone for BitFury Capital, which was founded in July
2014 to drive Bitcoin ecosystem growth through strategic partnerships
and business opportunities.
"We are happy to mark our first inestment into the Bitcoin ecosystem,"
said Marat Kicikov, managing director of BitFury Capital. "The new
strategic partnership will further enable global bitcoin adoption. We
are excited to be part of that story."
The newly established BitFury Capital fund will support multiple players
in the same segments of the wide and fast growing cryptocurrency
industry on a non-exclusive basis. With focused approach to investing,
BitFury Capital is seeking to partner with businesses that show
potential in specific sectors such as Bitcoin-driven projects and
startups, peer-to-peer projects (P2P), and latest innovations in
Valery Vavilov, chief executive officer of BitFury Group, said: "As the
largest cryptocurrency transaction processing company, BitFury Group
looks forward to bringing more consumers to the Bitcoin network."
In addition to providing seed funding and participating in later-stage
investment rounds, BitFury Capital delivers knowledge and resources to
accelerate startups and create strategic synergies.
Interested startups and partners can reach the BitFury Capital at email@example.com.
About BitFury Group
The BitFury Group was founded in 2011, and has offices in San Francisco,
CA (News - Alert) and Amsterdam, the Netherlands. It is the world's largest provider of
semiconductors, servers and datacenter solutions to the bitcoin and
cryptocurrency industry, and one of the largest miners of bitcoin, with
computing centers across Finland, Iceland and the Republic of Georgia.
For more information on BitFury, please visit: www.bitfury.org.
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