Austria Gets Its First Unicorn: Bitpanda Raises $170M Led By Valar Ventures

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Austria based Bitpanda, a cryptocurrency startup, announced that it has raised $170 million in a Series B round led by Valar Ventures and partners of DST Global. With the new funding, Bitpanda says it has cemented its status as Austria’s first unicorn.The current round brings the total amount of funding for the neobroker Bitpanda to $271 million.

Founded in 2014 by Christian Trummer, Eric Demuth and Paul Klanschek, Vienna headquartered Bitpanda is a digital assets platform used to facilitate the buying and selling of cryptocurrencies.

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