Bluesky Reveals Massive Hidden Investment
Today #Bluesky revealed that in April 2025 they received a whopping $100M venture capital investment lead by Bain Capital Crypto and that they KEPT IT A SECRET.
bsky.social/about/blog/03-19-2…
So the answer to the big mystery Who Owns Bluesky? (mastodon.online/@mastodonmigra…) is finally out. Crypto VCs.
Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?
Who owns Bluesky?The curious mystery of the Bluesky Series B funding round.
Did it happen?
If you look at pitchbook (pitchbook.com/profiles/company…) it seems Bluesky closed a whopping $97 million funding round resulting in a $700M valuation in January 2025. VCpedia lists Greylock, alumni ventures and Skyseed as participants (vcpedia.com/rounds/5195).
The interesting thing is there are no press releases or other media coverage confirming this financing.
Read on...
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