Blockchain indexing startup Superchain has closed a $4 million seed round to build the Open Index protocol, which quickly collects and customizes blockchain data for use by developers. The round...
Tag: Raise
Binance Labs and Polychain co-lead ZK startup Polyhedra Network’s $10 million raise
Deals • February 21, 2023, 9:00AM EST Web3 infrastructure startup Polyhedra Network raised $10 million in a round co-led by Binance Labs and Polychain Capital. The strategic round also saw parti...
Home Depot to give hourly workers a raise
A customer enters a Home Depot store on August 16, 2022 in San Rafael, California. Justin Sullivan | Getty Images Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly e...
Lemniscap backs $4.6 million raise for infrastructure provider Gateway.fm
Gateway.fm raised $4.6 million in a round led by Lemniscap to build decentralized blockchain infrastructure tools. The seed round also saw participation from investors including CMT Digital, the...
Women-Led Web3 Startups Raise 4X Less Funding Than Those With Male Founders
For women, navigating male-dominated industries has always been a struggle, but that doesn’t necessarily stop them from entering and attempting to build a successful brand. The male-dominated world of...
Polychain leads ZK chip startup Cysic’s $6 million raise
Cysic, a zero-knowledge (ZK) hardware startup founded in August of last year, raised $6 million in a seed round led by Polychain Capital. The seed round closed in December 2022, said Leo Fan, co...
Indonesia’s J&T Express Aims For Hong Kong IPO, Might Raise $2 Billion
The Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on … [+] Wednesday, July 13, 2022. Hong Kong is likely to see more dual-traded companies shift toward...
Mysten Labs CEO Evan Cheng is seeking to raise over $100 million for a web3 fund
Mysten Labs CEO and co-founder Evan Cheng is raising money for a venture capital fund focused on web3 investments, according to four people familiar with the matter. Cheng is in the early stages...
Superplastic, Amazon Sign ‘Janky & Guggimon’ Deal For Show, Fund Raise
February 15 7 am (Image courtesy of Superplastic) Vermont-based Superplastic – the digital studio behind “synthetic celebrities” Janky and Guggimon – has signed a multi-part deal with AmazonAMZN that ...
NFT marketplace Blur set to raise at billion dollar valuation: sources
Part of its rise to prominence could be attributed to its schedule of airdrops — with prizes including blur tokens for traders who had different levels of engagement with the platform since its launch...
Bain Capital Crypto leads Orb Labs’ $4.5 million raise
Cross-chain tooling and protocol developer Orb Labs has closed a $4.5 million seed round led by Bain Capital Crypto. Other investors in the round include Shima Capital, 6th Man Ventures, Modular...
Former Jump Trading developers raise $19 million to build Monad blockchain
Monad Labs, a Layer 1 blockchain project co-founded by former Jump Trading developers, raised $19 million in funding led by Dragonfly Capital. Other investors included Placeholder Capital, Lemni...
When To Expect The Fed To Raise Rates Again
Jerome Powell, chairman of the US Federal Reserve. The Fed is expected to increase rates again at … [+] the conclusion of their next meeting on March 22. Photographer: Valerie Plesch/Bloomberg ©...
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons – Bitcoin News
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing date...
Celsius Seeks to Raise $14.4M Through Bitmain Coupons
Celsius has filed a proposal to liquidate Bitmain coupons and credits for $14.4 million as it risks hitting a liquidity wall. The liquidity trouble deepened for the crypto lender after the court order...
Celsius Looking to Raise $14.4M Selling Bitcoin Mining Coupons and Credits
In another attempt to collect funds to repay creditors, the now-bankrupt crypto lender Celsius is now looking to sell $14.4 million in coupons and credits for Bitcoin mining company Bitmain. The propo...
FanDuel Co-Founders Raise $4M for Digital Music Collectible Startup Vault
“Given their success in founding FanDuel, the team at Vault understands the power of engaged communities and the importance of consumer-friendly design,” said Placeholder VC partner Chris Burniske in ...
JPMorgan Says Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-of-Stake Blockchain Average
It could be argued that the utility of these liquid staking protocols would be reduced as the upgrade date approaches, the note said. The counterargument is that the utility of these protocols is not ...
FanDuel Co-Founders Raise $13M To Launch Decentralized Music Platform VAULT
Are music NFTs back? An industry ripe for disruption has often been cited as a perfect target for a decentralized player to shake things up. While some platforms have entered the scene, none have yet ...
SALT Lending rebounds with $64.4m capital raise
Crypto lending platform SALT Lending has closed a $64.4 million Series A funding round through a share sale to accredited investors. The firm is focusing on expansion and will seek additional funding ...
Sam Altman’s Worldcoin targets sovereign funds for latest raise as OpenAI booms
Worldcoin, the eyeball-scanning crypto startup founded by OpenAI CEO Sam Altman, is on the hunt for a lead investor for its latest round of financing. The startup is in discussions with deep-poc...
Did The Fed Decide To Raise Interest Rates This Week? Here’s The Economic Outlook
Getty Images Key takeaways The Fed raised its benchmark rate by 0.25% at its most recent meeting This broke a trend of four consecutive meetings with rate increases of 0.75% Though inflation has eased...
Ethereum’s Shanghai Upgrade To Raise ETH Staking Average And Balloon PoS Validator Count: Report
– Advertisement – Summary: JP Morgan analysts expect the ratio of staked Ether to move towards the 60% average on other Proof-of-Stake blockchains. The bank added that yield returns could ...
Bed Bath & Beyond stock sinks 45% on plans to raise $1B
Bed Bath & Beyond’s (BBBY) stock sank more than 45% on Tuesday, a day after the embattled retailer announced an equity offering to raise as much as $1.025 billion. One analyst labeled the co...
Digital Currency Group Sells Grayscale Shares to Raise Funds Amid Financial Difficulties
Digital Currency Group (DCG), a crypto conglomerate backed by SoftBank, is selling shares in several of its investment vehicles run by subsidiary Grayscale. The move is a response to the financial dif...
Bed Bath & Beyond announces plan to raise $1 billion, stock falls 24%
Bed Bath & Beyond’s (BBBY) stock sank 24% after the embattled retailer announced it will raise as much as $1.025 billion through an equity offering. BBBY had gained 92% on Monday ahead of th...
Marathon Digital Holdings sells bitcoin to raise funds
Marathon Digital Holdings’ recent sale of 3,000 bitcoin was a strategic move to raise capital for growth, not a result of financial distress, according to the leading bitcoin mining company. Marathon ...
A16z-backed Arpeggi Labs is looking to raise $11 million
Web3 music startup Arpeggi Labs is seeking to raise $11 million. A U.S. Securities and Exchange Commission (SEC) filing shows the startup has already secured $9.1 million from 21 investors. ...
Scytale backs decentralized storage solution Sumi Network’s $3 million raise
Web3 infrastructure provider Sumi Network has raised $3 million to build out its decentralized communication and storage solutions. The seed round is led by Scytale and brings the startup’...
A Debt-Ceiling Fight Could Raise U.S. Borrowing Costs and Worsen Budget Deficits
Illustration by Chris Cash Text size About the authors: Arvind Krishnamurthy is the John S. Osterweis professor of finance at the Stanford Graduate School of Business. Hanno Lustig is the school’s Miz...