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African Fintech M-Kopa Secures $200M in Debt Financing Plus $55M in Equity Funding
24.5.2023
Kenya-headquartered African fintech M-Kopa is reported to have secured $200 million in debt financing and an additional $55 million in equity funding. Financial services group Standard Bank Group led the debt financing round while the investment company Sumitomo Corporation led the equity round...
AI developer Anthropic raises $450M in Series C round
23.5.2023
“The funding will support our efforts to continue building AI products that people can rely on," developers wrote
Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round
21.5.2023
Jia, a blockchain fintech startup, recently revealed it has raised $4.3 million in a seed funding round which was led by the early-stage consumer crypto fund TCG Crypto. Jia has said it will use the funds raised to bolster its Kenyan and Philippines operations. Later, Jia will also use the capital...
Bitcoin Voucher Provider Azteco Secures $6 Million Funding Round Led by Jack Dorsey
20.5.2023
On Thursday, California-based bitcoin voucher company Azteco revealed it had garnered $6 million in seed funding through a round spearheaded by Block, Inc.’s CEO and chairperson, Jack Dorsey. Azteco stated that the newly acquired capital would further its objective to “provide...
Bitcoin Startup River Raises $35 Million in Funding Round Supported by Billionaire Peter Thiel
17.5.2023
Amid the dwindling venture capital investing in the crypto and blockchain industry, Bitcoin start-up firm, River, has secured a $35 million Series B funding.
River took to Twitter to share its excitement about the development.
According to the announcement, a notable venture capitalist firm...
Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round of Accusations at Huobi Founder’s Brother, Digital Yuan Enters Vietnam Border Region
16.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round...
Peter Thiel Backs Bitcoin Startup River in $35M Round
16.5.2023
The Series B round for the Bitcoin financial services provider was led by Kingsway Capital
Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others
16.5.2023
The crypto project’s safETH token represents a basket of liquid staking tokens from Lido, Rocketpool and Frax
Red Beard Ventures Closes $25M Funding Round With Animoca Brands, SuperRare
16.5.2023
The Web3 venture capital firm hopes to support early-stage DeFi and Web3 gaming projects and is also launching a tokenomics accelerator
Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million
15.5.2023
PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested...
Bitget Introduces the BRC20 Zone and Lists Ordinals (ORDI)
10.5.2023
PRESS RELEASE. May 10 2023 Victoria, Seychelles – Bitget, the top derivatives and copy trading platform, has announced the listing of the ORDI token in the newly launched BRC-20 zone and has also revealed plans to bring other promising BRC-20 tokens to its platform. In addition to ORDI...
1kx leads the $9 million Seed Round for Pudgy Penguins
10.5.2023
Pudgy Penguins has made a major announcement, informing the community that it has successfully concluded the $9 million seed round. It was led by 1kx with the objective of helping Pudgy Penguins in scaling its IP segment and the team. Another objective of the seed round is to enhance its offerings...
Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round
8.5.2023
The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer experiences.” Plugging Gaps in Payment Processes...
US-Based Bitcoin Focused Startup Fedi Raises $17 Million in Series A Funding Round
6.5.2023
Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating system.”...
Alchemy Ventures Backs $4M Round for NFT Platform Vibe
4.5.2023
The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens
Round 3 of post-Shapella ETH withdrawals sees most re-staked: Data
25.4.2023
Another chunk of ETH has been withdrawn due to Kraken, but most of it has gone straight back onto the network
CoinFund Leads $8M Round for Decentralized Database Firm Tableland
20.4.2023
The fundraise comes ahead of the network’s mainnet launch early next year
Chia Network Files for IPO With the SEC, Eyes Public Listing
15.4.2023
On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by Bittorrent creator Bram Cohen, will initiate the...
Nigerian Crypto and Web3 Startup Lazerpay Shuts Down After Failing to ‘Close a Successful Funding Round’
15.4.2023
The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO also said he is ready to listen to offers from...
INTMAX manages to obtain $5M through the seed round
14.4.2023
INTMAX happens to have successfully obtained for itself an amount, to the tune of $5 million, through a seed round. This amount will now duly be utilized for the creation of a stateless zkRollup. The entity happens to be in the process of building an upgradable zkRollup and which will happen to...