Social network Bluesky is gearing up for big changes with today’s news that the company raised $100 million in Series B funding. The round, led by Bain Capital Crypto, was closed in April 2025 but had not been disclosed until now.
Others that participated in the round include existing investors Alumni Ventures and True Ventures, plus Anthos Capital, Bloomberg Beta, and Knight Foundation. This round follows Bluesky’s $15 million Series A, led by Blockchain Capital and closed in 2024, and its $8 million seed round from Neo and other angel investors the year prior. Bluesky did not disclose its updated valuation.
