Stockholm-based bitcoin mining hardware maker KnCMiner announced the results of a new funding round today, adding $14 million to the company’s expansion plans. The Series A round cash will be invested into new hardware designs and software development, as well as funding the company’s ongoing growth in the cloud-based mining sector. The fundraising round was […]

Earlier this year, Swedish bitcoin exchange Safello made headlines for snagging roughly $600,000 in venture capital from some of the heaviest hitters in the bitcoin world: Erik Voorhees, Roger Ver and Blockchain.info CEO Nicolas Cary. Yesterday, Safello announced that it had raised an additional $250,000 in VC funds, this time from Bitcoin Opportunity Corp (BOC), […]

Although Swedish Bitcoin exchange Safello is relatively new to the European market, it appears to have gained the attention of some major investors. Notable Bitcoin venture capitalists Erik Voorhees, Roger Ver and Blockchain.info CEO Nicolas Cary recently signed deals to provide some $600,000 to the company, which has only been active since August of 2013. […]