Bloom raises £1.2m in pre-seed funding led by Lightspeed Faction to simplify crypto trading.
The pre-seed round was led by Lightspeed Faction to support platform development and team expansion.
Bloom builds a unified social and actionable platform designed for cryptocurrency traders. The application combines social discovery, analytics, and exchange capabilities into a single interface.
London-based Bloom has secured £1.2m in pre-seed funding led by Lightspeed Faction. The round also drew participation from Stani Kuleshov, Outlier Ventures, Delta Blockchain Fund, CoinTelegraph, APX, Plassa Capital, and Paul Taylor.
The capital will be directed towards developer resources to prepare the platform for an internal rollout and a summer early access launch supporting multiple blockchain networks. Additionally, the company plans to expand its engineering, product, and design teams while scaling growth campaigns and partnerships with key opinion leaders.
Use of funds
- 01Grow the team
- 02Continue product development
- 03Invest in sales and marketing
Investors
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About the company
Bloom
Bloom provides an all-in-one social platform for cryptocurrency traders.