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Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
12.6.2023
The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the launch of the protocol and expand its workforce
Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition
9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....
HyperPlay raises $12M in Series A funding round
8.6.2023
Griffin Gaming Partners and Bitkraft co-lead investors in a $12 million Series A funding round for MetaMask and Game7’s HyperPlay
Web3 developer Magic raises $52M in funding led by PayPal Ventures
31.5.2023
The company has raised $80 million for wallet development since its inception in 2020
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...
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
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.”...
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...
AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets
11.4.2023
A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into...
Next Generation DeFi Platform M^ZERO Emerges from Stealth with $22.5M Funding Round
5.4.2023
The initial round was led by Pantera Capital, and included the Scaramucci family-linked SALT Fund, and Mouro Capital, the venture capital connected to the Santander Group
Deribit Parent Company Leads $4.4M Seed Funding Round Into Dutch Crypto Exchange Finst
5.4.2023
The oversubscribed funding round will be used to expand Finst's range of products drive its international expansion plans
DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round
4.4.2023
The startup will launch its testnet and stablecoin this summer
Polychain Leads $15M Funding Round for Crypto Startup Polyhedra Network
4.4.2023
The Web3 infrastructure provider has now raised money twice in 2023
Crypto Startup Li.Fi Raises $17.5M in Funding Round
3.4.2023
CoinFund and Superscrypt led the round for the cross-chain bridge and decentralized exchange aggregator
Crypto Wallet Maker Ledger Raises $109 Million in Latest Funding Round – Is the Bull Market Back?
31.3.2023
Major crypto wallet maker Ledger announced its Series C funding round, raising $108.8 million.
Chairman and CEO of the Paris-based company, Pascal Gauthier, announced the round on Thursday, saying that both the long-term investors as well as some new ones participated in the round....
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A16z Leads $40M Funding Round for CCP Games
21.3.2023
The studio behind Eve Online is planning a blockchain-backed title
Nuqtah completes first seed funding round led by Animoca Brands
16.3.2023
Nuqtah, the first NFT marketplace in Saudi Arabia, completed its first seed funding round. The round was led by Animoca Brands, with participation from Polygon and several local investors. The funds collected from the seeding round will be utilized to scale Nuqtah’s business in the upcoming...