Today, Orange Pill App, a social networking app that assists in real-life connections amongst Bitcoin lovers, has actually effectively raised $250,000 in pre-seed funding, according to a news release sent out to Bitcoin Magazine.
The funding round was led by Lightning Ventures, accompanied by a number of other angel financiers, consisting of NBA star Matthew Dellavedova and Barefoot Bitcoin Fund.
Orange Pill App introduced in November 2022 and is available around the world to users on both iOS and Android platforms, intending to instill the digital world with the concrete strength of in-person interactions. The application’s main focus depends on forming and supporting real-life neighborhoods of Bitcoiners, sealing connections beyond online interactions and developing a robust structure for the Bitcoin Parallel Economy.
“At Orange Pill App, we believe in the power of in-person connections and building local communities,” stated CEO Matteo Pellegrini. “As we continue to add features to our platform, we are laser-focused on creating the tools for the Bitcoin Parallel Economy and connecting Bitcoiners to each other and the experiences & services that matter to them.”
Since its launch, Orange Pill App has actually accomplished an excellent international outreach, recording an audience of users covering throughout throughout 71 nations.
Mike Jarmuzz, General Partner at Lightning Ventures, commented, “Matteo Pellegrini is among the most driven and hardworking entrepreneurs I know. His energy and passion for building the social layer of Bitcoin through The Orange Pill app is inspiring. In just a short time, Matteo and the Orange Pill App team have accomplished something truly unique and impressive, representing only a glimpse of what’s yet to come. We at Lightning Ventures are proud to have backed Matteo and the team from the earliest stages.”
This belief was echoed by Bob Burnett, Managing Partner at Barefoot Bitcoin Fund and CEO of Barefoot Mining, who highlighted the significance of a platform that bridges the space within the Bitscoins.netmunity: “A platform that connects the Bitscoins.netmunity is crucial to its growth, health, and maturity. The Orange Pill App fills this need, and that is why I am thrilled to have the Barefoot Bitcoin Fund invest in this important project.”
For extra info about Orange Pill App’s objective and vision, please visit their site here or connect to Matteo Pellegrini at [email protected].
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