, the first international incubator focused exclusively on bitcoin start-ups, announced that it has invested $7m (roughly 8,200 BTC) in twelve different bitcoin startups since 2013.
"It has been an incredible time for bitcoin since the May 2013 bitcoins show in San Jose, and it has been an even more incredible one for BitAngels," said co-founder and executive director David A Johnston:
The BitAngels incubator was co-founded by David A Johnston, Michael Terpin and Sam Onat Yilmaz. It has attracted quite a few big names since launch, including; Memory Dealers CEO and bitcoin evangelist, Roger Ver; Gyft CEO Vinny Lingham; Robocoin Asia chairman Brock Pierce; and Tradehill CEO Jered Kenna.
"We're continuing to aggressively pursue both new angels and new investment opportunities, wherever they might be," said Terpin. "Bitcoin continues to be a space that is growing constantly, with new ways in which it is touching our day-to-day lives, and BitAngels is going to be an integral part of that continuing development."
Of course, BitAngels want to expand even further and they are calling on interested investors and entrepreneurs to get in touch.
Cash Image via Shutterstock
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