Series A Round

Arch Labs is developing ArchVM, enabling smart contract functionality on Bitcoin. This funding will help accelerate the development of their innovative platform aimed at enhancing Bitcoin's capabilities. ArchVM is designed to bring advanced programmability to Bitcoin, allowing developers to create decentralized applications (dApps) and smart contracts on the Bitcoin blockchain, which has traditionally lacked such features. The funding will also support the expansion of Arch Labs' engineering team and the development of strategic partnerships within the blockchain ecosystem. The company aims to position itself as a leader in the evolving landscape of Bitcoin infrastructure and smart contract solutions. With this funding, Arch Labs plans to enhance its technology stack and explore new use cases for Bitcoin smart contracts.