Funding
Nectar Group Raises $5M Seed Round for HoneyB Bitcoin Yield Platform
Nectar Group, the developer of the Bitcoin income platform HoneyB, has raised a $5 million seed round. Portal Ventures led the round, with participation from Peer Venture Partners, Anchorage Digital Ventures, an unnamed family office, and angel investors. The platform plans to launch an institutional product for investors outside the US in the fourth quarter of 2026, with a retail product expected in the first quarter of 2027. The funds will be used for product development, custody and financing integrations, compliance, and distribution.