Midl Secures $2.4M Seed Investment From Draper Associates And Draper Dragon To Pioneer Native DApp Infrastructure On Bitcoin - BitcoinWorld
Summary
Midl raised $2.4 million in a seed round led by Draper Associates and backed by Draper Dragon. The company builds native Bitcoin infrastructure that lets developers run smart contracts and decentralized applications directly on the Bitcoin network. Midl says its testnet is live and that a mainnet launch is coming soon, with more than 20 projects already in deployment stages. The company is also preparing retail-facing initiatives to drive early usage and liquidity across the Bitcoin ecosystem.
Funding
Amount
$2.4M
Total raised
Date
July 30, 2025
Announcement date
Investors
Draper Dragon, Draper Associates
Lead investors
Company
midl.xyz
Funded company
Classifications
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applications
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