https://techcrunch.com/2020/09/29/crypto-exchange-bitpanda-closes-52m-series-a-from-valar-ventures-backed-by-peter-thiel/

Bitpanda, a crypto assets platform, has closed a $52 million Series A funding round form Valar Ventures, a venture capital firm backed by Peter Thiel. Vienna-based VC Speedinvest also participated, alongside other unnamed investors. Claiming 1.3 million users, Bitpanda has previously been trading digital assets and tokenizing precious metals.

The Vienna-based company will use the cash to expand internationally. It expanded to France, Spain and Turkey in 2020 and plans to enter additional European markets this year and next. It has 300 employees.