On October 17, COINOTAG reported that Surge, a Bitcoin protocol layer, successfully secured a $1.8 million Pre-Seed financing round. This funding round featured contributions from notable investors such as Autonomy, Gerstenbrot Capital, and Double Peak Group, among others. Prominent angel investors participated, including Rushi Manche of Movement Labs, along with Bobby Ong and TM Lee, co-founders of Coingecko. The injected capital will be pivotal in advancing the development of Surge’s MetaLayer, aiming to harness Bitcoin’s potential as a foundational global currency. Additionally, Surge is gearing up to unveil its test network in the near future, signaling a significant step towards broader adoption and functionality.
Source: https://en.coinotag.com/breakingnews/bitcoin-protocol-surge-secures-1-8-million-in-pre-seed-funding-to-innovate-metalayer-for-global-currency/