Swedish health tech company H100 Group has completed a $2.2 million funding round led by Blockstream CEO, with the funds to be used for purchasing Bitcoin
ChainCatcher news, according to Cointelegraph, Swedish health tech company H100 Group has secured 21 million Swedish kronor (approximately 2.2 million USD) in funding led by Blockstream CEO Adam Back.
Among them, Adam Back invested about 1.4 million USD, while the remaining 800,000 USD came from investment firms such as Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB, and Crafoord Capital Partners. This funding will be used to purchase Bitcoin in the form of a zero-interest convertible loan.
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