







today, we're announcing our €3,8M ($4.5M) seed financing round, led by byFounders with participation from Bain Capital Crypto, Antler, Thomas Dohmke (former CEO of GitHub), Avery Pennarun (CEO of Tailscale) among other incredible angels. read more on what's next: blog.tangled.org/seed
announcing our €3,8M seed round
blog.tangled.orgMar 2, 2026 at 9:51 AM
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If Bain Capital Crypto et al invest $100M at roughly a ~$700M–$1B valuation, they likely own somewhere in the range of 10–15% of the company post-money. For a 10x return on their cheque, a $7B–$10B exit is expected. That’s exciting and scary.
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