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Bitsurance: Kristian Kläger leads funding round as business angel and lead investor, strengthening Bitcoin insurance solutions in Europe

Neusäß, Augsburg – Bitsurance, Europe’s specialized provider of Bitcoin insurance solutions, is now operating under the legal name Bitsurance GmbH. As part of this transition, the company has successfully completed its first funding round with renowned investors from the Bitcoin ecosystem. The round was initiated by Alex von Frankenberg, former Managing Director of the High-Tech Gründerfonds, and is led by Kristian Kläger (Portner Capital, Kläger Group) as lead investor, securing 10% of the company’s shares.

With Kristian Kläger’s investment, Bitsurance gains not only capital but also a strategically strong partner with deep expertise in Bitcoin technology, an extensive network, and significant reach. The investment underscores Bitsurance’s ambition to professionalize and scale Bitcoin insurance solutions sustainably across Europe. Through various business development activities, the company aims to expand its product portfolio, significantly increase coverage amounts, and design solutions tailored for corporate clients. Joint trade fair appearances by terahash and Bitsurance complete the collaboration package.

Kristian Kläger drives strategic partnerships and synergies

Portner Capital GmbH is Kristian Kläger’s holding and investment company. With this strategic investment in Bitsurance, Portner Capital is specifically expanding its engagement in the fields of digital assets and technical infrastructure solutions. The holding group also includes terahash.energy GmbH, a company focused on sustainable energy infrastructure solutions, data center products, and business training.

Through its sister company terahash, Bitsurance gains a strong multiplier within the group: depending on market demand, terahash can actively refer clients to Bitsurance’s insurance solutions, supporting market access as well as the expansion of sales and marketing in the digital asset sector.

“My mission in the Bitcoin space has always been to give back and actively support promising Bitcoin companies in their growth. With my commitment as lead investor and member of the newly established supervisory board at Bitsurance, this becomes reality. The strong founding team, the experienced and renowned co-investors, and the enormous potential for innovative insurance offerings in Europe convinced me immediately. Together, we strengthen self-custody, cold storage, and create meaningful synergies – also with terahash,” says Kristian Kläger, Lead Investor at Bitsurance.

Additional experienced investors from the Bitcoin ecosystem

Alongside Kristian Kläger, other proven Bitcoin and venture capital experts are participating in the funding round, including Jeff Gallas (FULMO) as well as Jochen Maaß and Sebastian Schulz (Hanse Ventures). All investors bring many years of experience in building and scaling technology and financial companies.

Experienced team with Bitcoin and insurance DNA

Operational leadership of Bitsurance GmbH lies with Christian Wind (CEO), founder of the Bitcoin backup manufacturer SEEDOR GmbH, and Philipp Oehler, an insurance expert. Technical leadership is managed by Christian Rotzoll (CTO), a long-time Bitcoin developer and contributor to the open-source project RaspiBlitz. The team is supported by advisors Sven Tänzer and Dennis Gattinger. Altogether, the team combines more than five decades of experience in the insurance industry and in building MGA structures.

Focus on Bitcoin self-custody and European scaling

Bitsurance develops specialized insurance solutions for Bitcoin hardware wallets, multisig setups, and physical security risks. The focus is clearly on self-custody, operational security, and protecting private individuals, businesses, and institutional investors. The new GmbH structure enables higher coverage limits, differentiated policies, specialized B2B products, and expansion beyond the DACH region.

About Bitsurance GmbH

Bitsurance GmbH is a European specialist provider of Bitcoin insurance solutions headquartered in Germany. The company addresses the unique risks of Bitcoin self-custody and combines deep technical Bitcoin know-how with regulatory and insurance expertise. Bitsurance was one of the first insurance intermediaries worldwide to enable payment of insurance premiums in Bitcoin.

https://www.bitsurance.eu

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