TechFlow news, October 31 — According to CoinDesk, Bitcoin Rollup project Citrea announced it has raised $14 million in a Series A funding round led by Peter Thiel’s Founders Fund, with angel investors including Erik Voorhees and Balaji Srinivasan participating.
Citrea previously raised $2.7 million in seed funding in February in a round led by Galaxy. The company utilizes the BitVM computing paradigm, aiming to enable Ethereum-style smart contracts on Bitcoin.




