synota

ChainCatcher news, according to Benzinga, technology company Synota, which provides instant settlement services for the energy industry using Bitcoin, announced the completion of a $3 million seed round financing, led by Ego Death Capital, with participation from Trammell Venture Partners, Rev1 Ventures, Hivemind VC, Bitcoiner Ventures, Recursive Capital, and a number of strategic partners.Synota was founded in 2022 by Austin Mitchell and Lisa Scott, integrating the Bitcoin Lightning Network to offer highly flexible settlement services for energy, including dynamic pricing and synchronous multi-party settlement. It is reported that the company will launch a pay-as-you-go service for Bitcoin miners, hosting providers, and energy suppliers in early 2023. (Source link)

ChainCatcher News: Bitcoin technology startup Synota has completed a $3 million seed round financing, led by Ego Death Capital, with participation from Trammell Venture Partners, Rev1 Ventures, Hivemind VC, Bitcoiner Ventures, and Recursive Capital.It is reported that Synota is a startup aiming to bring energy payments to the Bitcoin Lightning Network, intending to integrate existing hardware and software products currently used in the energy sector with Bitcoin's Lightning Network. Synota's current focus is on industrial users and energy companies, with plans to expand to cover more types of energy transactions in the future. Pay-as-you-go transactions for Bitcoin miners are expected to launch in early 2023. (Source link)