Hemi Raises $15 Million to Accelerate Bitcoin Programmability Ahead of Token Launch
Summary
Hemi raised $15 million in a growth round led by YZi Labs, Republic Digital, and HyperChain Capital, lifting its total funding to $30 million. The company builds a Bitcoin programmability layer that combines Bitcoin security with Ethereum-style developer tooling. Hemi says it will use the money to expand its ecosystem, support Bitcoin-native DeFi applications, and prepare for its upcoming token generation event. The company also highlighted its Hemi Virtual Machine, cross-chain tunnels, and a growing partner network across crypto infrastructure.
Funding
Amount
$15.0M
Total raised
Date
August 26, 2025
Announcement date
Investors
Distributed Network Advisors, Hyperchain Capital, Breyer Capital
Lead investors
Company
https://hemi.xyz/
Funded company
Classifications
industries
No industries detected
applications
Governance, risk and compliance
AskAI Classifications
Labels
Blockchain Infrastructure
Developer Tools
SaaS
Linked Companies
Hemi
$1M to $5M