Bitcoin technology startup Synota has completed a $3 million seed round financing, led by Ego Death Capital

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)