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BitX raises funding from Venturra Capital

Team Luno
1 minute read

We’re very excited to announce additional funding from Venturra Capital, a leading Southeast Asian venture fund. Venturra will join our existing group of investors which includes The Naspers Group and Barry Silbert’s Digital Currency Group.

akarta cityscape

Venturra Capital is a US$150m Asia-focused venture fund based out of Jakarta, Indonesia. It was founded by Stefan Jung (ex Rocket Internet and Monk’s Hill Ventures partner), Rudy Ramaway (ex Google Indonesia CEO) and John Riady (Director of the super-conglomerate Lippo Group).

Venturra has unrivalled expertise and networks in Southeast Asia and this partnership will help us solidify our leadership position in the region. The additional funding will also help us accelerate some of our product, hiring and market expansion initiatives.

You can download the press release here: BitX Venturra Funding, Dec 2015.

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Team Luno

The Luno blog conveys the views of Luno and the people within our team. We will never provide financial or any other form of advice. We urge you to conduct your own research before purchasing or trading any cryptocurrencies. Always be aware of the sometimes volatile nature of the market, and never trade with funds that you cannot afford to lose.

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