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Sequoia Capital, Paradigm among VCs facing "tricky" FTX investor lawsuit
15.2.2023
It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer
Bain Capital Crypto Backs $4.5M Round for Blockchain Interoperability Startup Orb Labs
14.2.2023
Orb Labs emerges from stealth preparing to launch its first products
Meta Reportedly Preparing for a New Round of Layoffs
14.2.2023
Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying the finalization of the budget for each one of its teams, causing operational delays and affecting the output...
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
8.2.2023
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound...
Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion
4.2.2023
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s valuation rise to over $1 billion which reportedly makes...
Addressable Raises $7.5 Million to Help Web3 Marketers Reach Their Audiences
3.2.2023
Addressable, a decentralized marketing startup, has raised $7.5 million in its seed round to tackle the current marketing woes in the Web3 area. The company claims its software can pair the onchain addresses of users with their social accounts, giving Web3 marketers more knowledge about their...
DeFi Marketplace Archimedes Raises $4.9M in Seed Round Led by Hack VC
1.2.2023
The decentralized finance lending and borrowing platform is launching in February
DeFi Liquidity Protocol Squid Raises $3.5M Round Led by North Island Ventures
31.1.2023
The Axelar-based protocol connects users with cross-chain assets for borrowing and lending
VitaDAO manages to raise $4.1M in a fundraising round
31.1.2023
VitaDAO has very successfully managed to raise an amount of $4.1 million for itself, through a fundraising round. This was made possible with the adequate amount of funding it received from the likes of Pfizer Ventures, Shine Capital, and L1 Digital. There were also decentralized science and Web3...
Oh Baby Games boosts the initial release with a $6 million seed round
31.1.2023
Oh Baby Games has announced raising $6 million through a seed fundraising round that was co-led by eGirl Capital and Synergis Capital. The news comes ahead of the launch of its first kart title, What The Kart. Other participants included Merit Circle DAO, gmjp, Kevin Lin, Santiago Santos,...
VitaDAO Closes $4.1M Funding Round With Pfizer Ventures for Longevity Research
31.1.2023
The decentralized autonomous organization is raising funds for research on technologies that target human aging
Blockchain Scaling Project Sovereign Labs Raises $7.4 Million in Seed Round
30.1.2023
The fundraise was led by Haun Ventures and included Maven 11, 1KX, Robot Ventures and Plaintext Capital
Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs’ Seed Round
27.1.2023
PRESS RELEASE. ForChain Labs was founded in April 2022 as a web 3 startup company. Meanwhile, the NFT project, Fortune Unicorn Club, was being developed. ForChain Labs has raised 2 million funds in its seed round and will use the funds to develop and operate Fortune Unicorn Club (FUC), the first...
Sui-Based Ethos Wallet Raises $4.2M in Seed Round
26.1.2023
The underlying blockchain was developed by former Meta employees
Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally
24.1.2023
Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain...
Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams
24.1.2023
The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams for its VR (virtual reality) and metaverse efforts, according to reports. The company will close two projects in these areas, Altspacevr and the Mixed Reality Tool Kit, potentially...
Kenyan Fintech Kwara Raises $3 Million in Seed Extension
22.1.2023
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round....
Tech Veteran-Backed Web3 Social Platform Plai Labs Raises $32M in Seed Round
19.1.2023
The company, founded by former executives of gaming company Jam City and social platform Myspace, aims to combine Web3 and AI to create a unique digital social experience
Circle Ventures Backs $4M Round for Blockchain-Based Debt Provider Obligate
19.1.2023
The startup, formerly known as FQX, lets companies raise money through debt securities
Web3 Studio Sortium Raises $7.8M in Seed Round
13.1.2023
Crypto hedge fund Arca was among the participants in the funding round