Recently Funded Startups in Bermuda (Nov-2025)
Last Updated: 21-Nov-2025
The startup ecosystem in Bermuda has been gaining traction in recent years, bolstered by its strategic location and a supportive regulatory environment. With only a handful of startups currently tracked, the activity level may seem modest, but recent funding trends indicate a burgeoning interest in innovative solutions across various sectors, particularly transportation and blockchain technology. As the global economy evolves, access to capital becomes crucial for early-stage companies looking to scale and capture market share.
In 2025, Bermuda has seen a notable increase in funding activity, with two startups successfully securing investments amounting to a substantial $272 million. This surge emphasizes the growing confidence in Bermuda’s ability to foster startups, particularly in high-potential industries like transportation and blockchain. The largest funding deal this year, involving SFL Corporation, underscores the financial potential that attracts investors to the island’s unique market landscape.
Funding Highlights
- Total number of startups tracked: 3
- Number of startups that raised funding last year: 0
- Number of startups that raised funding this year: 2
- Total funding raised this year so far: $272 million
- Largest deal: SFL Corporation, Series Unknown, $150 million
- Top industries by funding amount:
- 1. Transportation: $150 million
- 2. Blockchain and Cryptocurrency: $122 million
- Top industries by number of deals this year:
- 1. Blockchain and Cryptocurrency: 2 deals
- 2. Transportation: 1 deal
Full List of Recently Funded Startups in Bermuda
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Prismic Life Reinsurance | Hamilton | Bermuda | Private Equity | $1,300,000,000 | 2025-11-21 | Insurance, Finance, Investing |
| Meanwhile | Hamilton | Bermuda | Venture – Series Unknown | $82,000,000 | 2025-10-12 | Blockchain and Cryptocurrency |
| Meanwhile | Hamilton | Bermuda | Series A | $40M | 2025-04-10 | Blockchain and Cryptocurrency |
| SFL Corporation | Hamilton | Bermuda | Series Unknown | $150M | 2025-01-15 | Transportation |
| Meanwhile | Hamilton | Bermuda | Seed | $19M | 2023-06-06 | Blockchain and Cryptocurrency |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Bermuda?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Bermuda were funded this year?
Two startups raised funding in Bermuda this year (out of 3 tracked startups), with total disclosed funding of $272M and none raised last year.
Q3. Which industries are trending among recently funded startups in Bermuda?
By funding amount: Transportation ($150M) and Blockchain & Cryptocurrency ($122M). By deal count: Blockchain & Cryptocurrency (2 deals) and Transportation (1 deal).
Q4. How can I connect with these startups in Bermuda?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q5. Who completed the largest funding deal in Bermuda this year?
SFL Corporation completed the largest disclosed deal at $150M (series unspecified).
