# .bit funding: rounds and investors > .bit has raised $51M across 2 rounds since 2022. Investors include Lightspeed Venture Partners, Qiming Venture Partners and IDG Capital. Source: https://millionrounds.com/company/bit (Millionrounds; every figure on the page links to its filing or article) [Series C startup](https://millionrounds.com/companies) # Who invested in *.bit* 2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Web3 & Crypto Funding summary Updated 26 Oct 2026 **$51M** raised across 2 rounds since 2022, from 2 sources **$13M** Series A **$38M** Series C - **Latest round:** Series C, $38M Jan 2023 - **Step-up i:** 2.9× - **Investors:** 9 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2023 **$13M** Series A **$38M** Series C - **First round:** Series A, $13M - **Biggest round:** $38M - **Between rounds:** 5 months ## The rounds - **Jan 2023** Series C **$38M** *5 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [IDG Capital](https://millionrounds.com/fund/idg-capital) [Paradigm](https://millionrounds.com/fund/paradigm) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) Source recorded - **Aug 2022** Series A **$13M** *4 new* [GGV Capital](https://millionrounds.com/fund/ggv-capital) [GSR](https://millionrounds.com/fund/gsr) [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) [Qingsong Fund](https://millionrounds.com/fund/qingsong-fund) Source recorded ## Founders and team From.bit's own website: 16 on the team. - **Elisabeth Costa** Interim Chief Executive Officer - **Ravi Gurumurthy** Group Chief Executive Officer for BIT and Nesta - **Dr Michael Hallsworth** Chief Behavioural Scientist - **Dr Abigail Mottershaw** Head of Online Research & Innovation - **Alejandro Musi** Operations and Compliance Manager - **Ali Penman** Global HR Director - **Andrew Chittenden** Non-executive director - **Dr Emily Cardon** Director, BIT US - **Dr Helen Brown** Managing Director UK - **Ed Richards** Chair - Nesta - **Hurol Inan** Non-executive director - **Jane Ellison** Non-Executive Director - **Laura Litvine** Director, BIT France - **Martina Vojtkova** Group Director of Applied Research and Methods - **Mónica Wills Silva** Director, International Programmes - **Naomi Crowther** Finance Director Advisers *Adam Jones* *Adelaida Barrera Daza* *Ailidh Finlayson* *Akila Ranganathan* *Alexa Rea* *Dr Akanksha Vardani* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2022 **Series C** 2023 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [IDG Capital](https://millionrounds.com/fund/idg-capital) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [GSR](https://millionrounds.com/fund/gsr) [Paradigm](https://millionrounds.com/fund/paradigm) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) [Qingsong Fund](https://millionrounds.com/fund/qingsong-fund) ## Everyone who backed them [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) VC firm **1** round [IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round [GGV Capital](https://millionrounds.com/fund/ggv-capital) VC firm **1** round [GSR](https://millionrounds.com/fund/gsr) VC firm **1** round [Paradigm](https://millionrounds.com/fund/paradigm) VC firm **1** round [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) VC firm **1** round [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) VC firm **1** round [Qingsong Fund](https://millionrounds.com/fund/qingsong-fund) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bit). ## Also claim to have backed them This firm lists.bit as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Nesta Impact Investments](https://millionrounds.com/fund/nesta-impact-investments) VC firm Per its own site ## Quick answers about.bit ### Who invested in.bit? .bit's investors include Lightspeed Venture Partners, Qiming Venture Partners, IDG Capital, GGV Capital and GSR, and 4 more on record. ### How much has.bit raised? .bit has raised $51M across 2 rounds since 2022. ### When did.bit last raise? .bit's most recent round was a Series C of $38M in Jan 2023. ### What was.bit's biggest round? Its most recent round, $38M in Jan 2023, is also its largest on record. ### Who backed.bit first? .bit's first round on record, in Aug 2022, was backed by GGV Capital, GSR and HashKey Capital and 1 others. ### What stage is.bit at? .bit's latest named round is a Series C, in Jan 2023. ## Companies like.bit In the same sector, and raised in the last eighteen months. [**OpenFX** $94M · Mar 2026](https://millionrounds.com/company/openfx)[**VeryAI** $10M · Mar 2026](https://millionrounds.com/company/veryai)[**OP_NET** $5.0M · Mar 2026](https://millionrounds.com/company/op-net)[**Utexo** $7.5M · Mar 2026](https://millionrounds.com/company/utexo)[**Stacks** $23M · Feb 2026](https://millionrounds.com/company/stacks)[**Kresus Labs** $13M · Feb 2026](https://millionrounds.com/company/kresus-labs) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app