# Bits funding: rounds and investors

> Bits has raised $16M across 4 rounds since 2020. Investors include Alstin Capital, Y Combinator and Bossa Invest. Every round with its source.

Source: https://millionrounds.com/company/bits (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Bits*

4 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.

Fintech Legaltech Regtech

Raised 9 months ago

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Funding summary Updated 5 Nov 2026

**$16M** raised across 4 rounds since 2020, from 5 sources

**$125K** Seed **$1.2M** Pre-seed **$330K** Venture **$14M** Series A

- **Latest round:** Series A, $14M Feb 2026
- **Led by:** Alstin Capital
- **Step-up i:** 43×
- **Investors:** 9 (1 led)

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.

2021 2022 2023 2024 2025 2026

**$125K** Seed

**$1.2M** Pre-seed

**$330K** Venture

**$14M** Series A

- **First round:** Seed, $125K
- **Biggest round:** $14M
- **Usual gap between rounds:** 23 months

## The rounds

- **Feb 2026** Series A **$14M** *6 new* [Alstin Capital](https://millionrounds.com/fund/alstin-capital) Lead [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [Fin Capital](https://millionrounds.com/fund/fin-capital) [Unusual Ventures](https://millionrounds.com/fund/unusual-ventures) [Alliance VC](https://millionrounds.com/fund/alliance-vc) [Haval van Drumpt](https://millionrounds.com/fund/haval-van-drumpt) Reported by Ventureburn and 1 other
- **Jul 2024** Venture **$330K** *2 new* [Bossa Invest](https://millionrounds.com/fund/bossa-invest) [Anjos do Brasil](https://millionrounds.com/fund/anjos-do-brasil) Source recorded
- **Aug 2022** Pre-seed **$1.2M** No investor was named in the report. Source recorded
- **Aug 2020** Seed **$125K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded

## 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.

**Seed** 2020 **Pre-seed** 2022 **Venture** 2024 **Series A** 2026 [Alstin Capital](https://millionrounds.com/fund/alstin-capital) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Bossa Invest](https://millionrounds.com/fund/bossa-invest) [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [Fin Capital](https://millionrounds.com/fund/fin-capital) [Unusual Ventures](https://millionrounds.com/fund/unusual-ventures) [Anjos do Brasil](https://millionrounds.com/fund/anjos-do-brasil) [Alliance VC](https://millionrounds.com/fund/alliance-vc) [Haval van Drumpt](https://millionrounds.com/fund/haval-van-drumpt)

## Everyone who backed them

[Alstin Capital](https://millionrounds.com/fund/alstin-capital) VC firm **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Bossa Invest](https://millionrounds.com/fund/bossa-invest) VC firm **1** round

[Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) VC firm **1** round

[Fin Capital](https://millionrounds.com/fund/fin-capital) Private equity **1** round

[Unusual Ventures](https://millionrounds.com/fund/unusual-ventures) VC firm **1** round

[Anjos do Brasil](https://millionrounds.com/fund/anjos-do-brasil) Angel network **1** round

[Alliance VC](https://millionrounds.com/fund/alliance-vc) VC firm **1** round

[Haval van Drumpt](https://millionrounds.com/fund/haval-van-drumpt) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bits).

## Also claim to have backed them

These 2 firms list Bits as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Alliance Venture](https://millionrounds.com/fund/alliance-venture) VC firm Per its own site

[Anamcara Capital](https://millionrounds.com/fund/anamcara-capital) VC firm Per its own site

## Quick answers about Bits

### Who invested in Bits?

Bits's investors include Alstin Capital, Y Combinator, Bossa Invest, Cherry Ventures and Fin Capital, and 4 more on record. Alstin Capital led its latest round.

### How much has Bits raised?

Bits has raised $16M across 4 rounds since 2020.

### When did Bits last raise?

Bits's most recent round was a Series A of $14M in Feb 2026, led by Alstin Capital.

### What was Bits's biggest round?

Its most recent round, $14M in Feb 2026, is also its largest on record.

### Who backed Bits first?

Bits's first round on record, in Aug 2020, was backed by Y Combinator.

### What stage is Bits at?

Bits's latest named round is a Series A, in Feb 2026.

### Where is Bits based?

Bits is based in Sweden.

### Who led Bits's rounds?

Alstin Capital led the Series A in 2026.

## Companies like Bits

In the same sector, and raised in the last eighteen months.

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