The seed round was led by Castle Island Ventures to support the rollout of a hybrid Layer-2 network powered by Bitcoin and Ethereum.
"We’re thrilled to have the support of such esteemed investors who share our vision for the future of Web3 innovation by combining the best of Bitcoin and Ethereum."
The round was co-led by Inven Capital, 2150, and AENU to accelerate fleet expansion and software development.
"Travelling by bus or coach doesn’t have to be rubbish. It should be possible to deliver an experience that beats a car – because someone else is doing the driving so you can have your time back – but that requires a relentless focus on the passenger experience. Things like live tracking that actually works, super-simple pricing, easy ticket changes and near-perfect reliability."
The pre-seed round was backed by AltaIR Capital, Yellow Rocks, and Smart Partnership Capital as the first participant in the Pre-Seed to Succeed programme.
"There are a lot of startups that help businesses to enhance employee’ involvement and performance. The team that knows how to build a sustainable business, community around the product, and how face current challenges in the market will win the race. We think that Stayf has everything that they need to become the winner."
— Igor Ryabenkiy, Founder and Managing Partner at AltaIR Capital
The seed round was co-led by Sequoia Capital and TQ Ventures to support infrastructure expansion and beta scaling.
"The reality is that if you come from a distressed country, the global banking system will discriminate against you and label you as a “high risk client” and in most cases refuse to serve you simply because of where you come from. I have seen the impact of that unfair exclusion myself, and my loved ones have suffered because of this. We had to do something and innovate a better and more inclusive way of risk assessment in order for us to serve the people who desperately need access to safe financial service while making sure we comply with regulations."