$4.5 million round led by byFounders with participation from Bain Capital Crypto and Antler; notable angel investors include Thomas Dohmke, Avery Pennarun, Mårten Mickos and Sami Honkonen. Funding intended to scale the platform and expand product development. Company is not yet monetising and targets indie developers and open-source communities first.
About Tangled
Tangled is a next-generation, social-enabled open-source code collaboration platform built on Bluesky’s AT Protocol to enable interoperable, sovereignty-aligned developer workflows and ownership of code, contributions, and professional graphs.
Helsinki, Finland
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Source: https://tech.eu/2026/03/02/building-europes-native-code-infrastructure-tangled-closes-45m-round/
Frequently Asked Questions
What type of funding round did Tangled raise?
Tangled raised a seed round.
How much did Tangled raise in its seed?
Tangled raised $4,500,000 USD in its seed.
When did Tangled raise its seed?
Tangled raised its seed on 2026-03-02.
Who invested in Tangled's seed?
The investors in Tangled's seed are: ByFounders, Bain Capital Crypto, Antler, Thomas Dohmke, Avery Pennarun, Mårten Mickos, Sami Honkonen.
What type of investment was Tangled's seed?
Tangled's seed was a equity investment.
How will Tangled use the funds from its seed?
Tangled plans to use the funds for: Scale the platform, Build foundational infrastructure for global software collaboration.