07/08/2025 | Press release | Distributed by Public on 07/08/2025 12:29
Venture capital fund ego death capital has closed a $100 million second fund to focus on scaling bitcoin-focused companies.
Orrick advised ego death.
ego death focuses on software companies building businesses that rely on the bitcoin protocol.
The fund's typical target company has $1 million to $3 million in revenue, and its growth is constrained by its capital on hand. This second fund is focused primarily on Series A rounds to scale companies that are working, with a small portion set aside for promising seed investments.
"We're in bitcoin, investing in true companies…that are solving real world problems," said Nico Lechuga, one of ego death's founding partners, in an interview with Axios.
The Orrick team was led by Jake Ornstein and included Ken Rasamny and Matthew Janosko.