TechFlow News — Bitcoin technology startup Synota has raised $3 million in seed funding, led by Ego Death Capital, with participation from Trammell Venture Partners, Rev1 Ventures, Hivemind VC, Bitcoiner Ventures, and Recursive Capital.
Synota aims to bring energy payments to the Bitcoin Lightning Network by integrating existing hardware and software products currently used in the energy sector with the Lightning Network. The company is initially focusing on industrial users and energy companies, with plans to expand into broader types of energy transactions in the future. Pay-as-you-go transactions for Bitcoin miners are expected to launch in early 2023. Source link
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