Two years ago, Boost was fortunate enough to partner with Lightspeed Ventures, Rothenberg Ventures, Ben Davenport and the Bitcoin Opportunity Fund to create the Boost Bitcoin Fund which enabled Boost to invest an additional $50k in every Bitcoin company that graduated from Boost Tribe 2. That Tribe included companies like Mirror, BitPagos, Bitwall and Gliph, all of whom have made a large impact on the Bitcoin space.

This is Boost VC’s biggest announcement ever! I am excited to announce Boost Bitcoin Fund 2! A fund backed by Draper Associates. All of Tribe 5 will receive 300BTC (Equivalent to $120k at todays price, but in May, it might be higher!) as an investment at the end the Boost program in addition to the $10k-$20k that is already invested by Boost VC for admission into the program.

Draper Associates has been at the front of supporting Bitcoin. DA was the first institutional investor in a Bitcoin company. And since then Tim Draper has backed more than 10 Bitcoin companies over the last two years. We are excited to work with them to support the future of Bitcoin.

By Bitcoin companies we mean every type of company ranging from block chain, to the currency, to the infrastructure. At Boost, we believe that Bitcoin is the single most exciting technology out in the world right now, and people are finding incredible use cases for it. We want to support entrepreneurs from anywhere in the world who are trying to help evolve this world changing technology.

If you would like to apply for Tribe 5, click this link.