# Announcing our €3,8M seed round

> And more on what's next

Anirudh · 2 March 2026 · https://tangled.org/blog/seed/

Today, we're announcing our €3,8M ($4.5M) financing round led by
[byFounders](https://byfounders.vc), with participation from [Bain
Capital Crypto](https://baincapitalcrypto.com/),
[Antler](https://antler.co), Thomas Dohmke (former GitHub CEO), Avery
Pennarun (CEO of Tailscale), among other incredible angels.

For the past year, we've been building Tangled from the ground up --
starting from first principles and asking ourselves what code
collaboration should really look like. We made deliberate,
[future-facing technology](https://anirudh.fi/future) choices. We chose
to build on top of the AT Protocol as it helped us realize a federated,
open network where users can own their code and social data. We shipped
stacked PRs to enable more efficient contribution and review workflows.
What started off as a side project, grew to over 7k+ users, who've
created over 5k+ repositories.

Our vision for Tangled has always been big: we want to build the best
code forge ever, and become foundational infrastructure for the next
generation of open source. Whatever that looks like: hundreds of devs
building artisanal libraries, or one dev and a hundred agents building a
micro-SaaS.

And finding the right investors to help us achieve this vision wasn't
something we took lightly. We spent months getting to know potential
partners -- among which, byFounders stood out immediately. Like us,
they're community-driven at their core, and their commitment to
transparency runs deep -- you can see the very term sheet we signed on
their website! With these shared fundamental values, we knew byFounders
were the right people to have in our corner and we're incredibly excited
to work with them.

## what's next

We're heads down building. For 2026, expect to see:

* a fully revamped CI (spindle v2!) built on micro VMs to allow for
  faster builds and more choice of build environments. Oh, and a proper
  Nix CI -- we know you want it.
* protocol-level improvements across the board that'll unlock nifty
  things like repo migrations across knots, organizations, and more!
* a customizable "mission control" dashboard for your active PRs,
  issues, and anything else you might want to track.
* a migration tool to help you move off GitHub
* all things search: code search, repo search, etc.
* platform and infrastructure performance improvements & more global
presence
* Tangled CLI!

If all this sounds exciting to you: we're growing our team! Shoot us
[an email](mailto:team@tangled.org) telling us a bit about yourself and
any past work that might be relevant, and what part of the roadmap
interests you most. We can hire from (almost) anywhere.

New to Tangled? [Get started here](https://docs.tangled.org/). Oh, and
come hang on [Discord](https://chat.tangled.org)!

A sincere thank you to everyone that helped us get here -- we're giddy
about what's to come.