FundedIQ
Blockchain and Cryptocurrency

Bitlayer: Funding, Investors & Team (Oct 2026)

Bitlayer is the initial Bitcoin second-tier network, utilizing BitVM, providing high scalability and first-layer security, with the goal of becoming Bitcoin's computational layer.

www.bitlayer.org LinkedIn Singapore, Singapore 11-50 employees
Bitcoin Blockchain Cryptocurrency
Total raised
$9.0M
Rounds
2
Latest
Series A
Oct 2024

Bitlayer has raised $9.0M across 2 funding rounds on record, the most recent a Series A of $9.0M announced in Oct 2024.

That round is above the $6.6M median round size for Blockchain and Cryptocurrency companies tracked on FundedIQ over the last two years.

Bitlayer Company Profile and Key Stats

Total funding raised
$9.0M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Series A
$9.0M in Oct 2024
Employees
11-50
reported band
Headquarters
Singapore, Singapore

Latest funding round on record: Oct 2024.

Bitlayer Funding Rounds

Date
Round
Amount
Series A
$9.0M
Series A
Undisclosed

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Bitlayer announced a Series A in Jun 2024; the amount was not disclosed.

4 months later, a Series A of $9.0M was announced in Oct 2024.

Bitlayer Founders and Leadership Team

Name
Role
Contact
Kevin He
Founder
Locked

Contact details for the Bitlayer team: 1 of 1 has an email address on file.

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Bitlayer Funding Compared to Other Blockchain and Cryptocurrency Startups

Segment
Companies
Median round

Bitlayer's latest round of $9.0M is above the median round in Blockchain and Cryptocurrency. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Bitlayer in Blockchain and Cryptocurrency and Singapore

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Bitlayer Funding FAQs

What does Bitlayer do?

Bitlayer is the initial Bitcoin second-tier network, utilizing BitVM, providing high scalability and first-layer security, with the goal of becoming Bitcoin's computational layer.

How much funding has Bitlayer raised?

Bitlayer has raised $9.0M across 2 rounds on record. The most recent is a Series A of $9.0M announced in Oct 2024.

When did Bitlayer last raise funding?

Bitlayer's most recent funding round on record is a Series A of $9.0M, announced in Oct 2024.

Who founded Bitlayer?

FundedIQ lists Kevin He (Founder) at Bitlayer.

Where is Bitlayer headquartered?

Bitlayer is based in Singapore, Central Region, Singapore.

How many employees does Bitlayer have?

Bitlayer is in the 11-50 employee band.

How does Bitlayer's funding compare to other Blockchain and Cryptocurrency startups?

Bitlayer's latest round of $9.0M is above the $6.6M median round size for Blockchain and Cryptocurrency companies on FundedIQ across 659 tracked companies over the last two years.

About FundedIQ's Bitlayer Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Bitlayer is left off this page rather than filled in.

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