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Swedish health technology company H100 Group completes $2.20 million financing, funds will be used to buy bitcoin

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2025-05-26 00:52:19
Swedish health technology company H100 Group AB has raised 21 million Swedish krona (about $2.20 million) led by Blockstream CEO Adam Back.
Adam Back invested around $1.40 million, with the remaining $800,000 coming from investors such as Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB and Crafoord Capital Partners. The funds will be used to purchase bitcoin in the form of a zero-interest convertible loan.
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