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GamePhilos Studio raises $8 million in a seed funding round
12.9.2023
GamePhilos Studio has raised $8 million in a seed funding round. It was led by Animoca and Xterio. The seed funding round saw the participation of companies and capitalists like Chain Hill Capital, SevenX Ventures, Sanctor Capital, and many more. GamePhilos Studio will now use the funds to develop...
Venture capital exec says ‘lack of innovation’ drives funding away from crypto
12.9.2023
Foresight Ventures partner Tony Cheng said that most of the narratives like layer-2 solutions, zero-knowledge tech and nonfungible tokens have already "played out."
Animoca Brands Secures $20M Funding to Drive Ambitious Mocaverse Metaverse Project – NFT's Making a Comeback?
12.9.2023
Animoca Brands, a metaverse and gaming venture capital firm, has raised $20 million to expand its Web3 identity project Mocaverse.
According to the press release, the funding round was led by blockchain- and Web3-focused venture capital company CMCC Global, with other investors including Kingsway...
Nigerian Web3 Startup Nestcoin Secures $1.9 million in Funding
11.9.2023
The Nigerian Web3 startup Nestcoin has reportedly secured a total of $1.9 million in funding from both existing and new investors. The capital raised will be used to bolster Nestcoin’s finances and further develop the startup’s non-custodial wallet. Impact of FTX’s Collapse...
NFT startup Rario loses founders after $120M funding last year: Report
8.9.2023
As part of the reported restructuring efforts at Rario, a number of roles are also being eliminated, according to the report
Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding
8.9.2023
The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is working with central banks, some of whom...
Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups
7.9.2023
Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups that have been spreading online since the invent...
Lido DAO Receives Request for $1.5 Million Funding to Expand Solana Liquid Staking
6.9.2023
A group known as the P2P team has requested $1.5 million in funding from the popular staking provider Lido DAO to further develop Lido’s staking service for the Solana (SOL) network.
The request from the P2P team was published as a proposal on Lido DAO’s governance forum, with the team saying...
Blockchain Startup Story Protocol Secures $54 Million Funding Led by Andreessen Horowitz
6.9.2023
Story Protocol, a startup that uses blockchain tech to track intellectual property (IP), has secured more than $54 million in funding driven by venture capital giant Andreessen Horowitz (a16z) crypto....
Read More: Blockchain Startup Story Protocol Secures $54 Million Funding Led by Andreessen...
POW Coin Shoots Up 3,000% and Viral Meme Coin Wall Street Memes Secures $25 Million in Funding – Next PEPE or Shiba Inu?
5.9.2023
In the latest DEX skyrocket, POW token - otherwise known as Pepe of Wall Street - has exploded more than +3,000% in a magnificent pump.
This comes amid a wider resurgence in on-chain trading activity, dubbed the 'On-Chain Summer', previous weeks have seen major narratives such as Telegram trading...
Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo
5.9.2023
The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform
Blockchain Developer Cronos Labs Kicks Off Search for Participants in $100M Accelerator Program
5.9.2023
Cronos Labs has also signed up Google Cloud, Amazon Web Services and blockchain security specialists PeckShield and Certik as mentors for the program
Musk Funded Dogecoin, Mulled Blockchain Social Media, Biography Details
4.9.2023
A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a failed attempt by former crypto mogul...
Introducing ColLabs: A Web3 Investment Community by Binance Labs
31.8.2023
Binance Labs, the venture capital and incubation arm of Binance, is committed to helping Web3 startups achieve success by closing the gap between mentorship and funding. They do this by leveraging technical know-how from the Binance ecosystem and offering incubation programs to early-stage...
DeForm manages to acquire $4.6 million in funding
31.8.2023
DeForm, which is a startup engaged in Web3 marketing, has successfully managed to acquire for itself an amount of $4.6 million through seed funding. The lead player in the funding round was Kindred Ventures, along with contributions from Elad Gil, Scalar Capital, and some more companies. DeForm...
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
31.8.2023
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less...
Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion
30.8.2023
Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make...
Dragonfly Capital Leads $3.75 Million Round for NFT Pioneer FirstMate – Crypto Funding Back?
29.8.2023
Non-fungible token (NFT) startup FirstMate has successfully raised $3.75 million for further development of a new NFT storefront builder platform.
Led by crypto-focused venture capital firm Dragonfly Capital and with participation from notable investors such as Coinbase Ventures and NextView,...
Solana-based Protocol Clockwork To Shut Down Despite $4 Million Seed Funding
28.8.2023
Solana-based automation protocol Clockwork will be winding up its operations after its founder disclosed the company’s decision to step away from “active development of the protocol.”
Nick Garfield, the founder of the protocol announced on Aug 28 the plans of the company to shut its doors by...
Crypto Trading Signals Platform yPredict Secures $3.5 Million in Funding for AI-Based Predictive Models – How Does it Work?
25.8.2023
The age-old debate rages on—Can human intuition ever be truly replaced by machine insights? yPredict, a promising project in the blockchain domain, is positioning itself to offer an answer. While traditional trading methods rely heavily on human analysis, yPredict brings a touch of sophistication...