Curtis Spencer and Avichal Garg formed Electric Capital in 2018 and say they now manage more than $2 billion in assets. Electric Capital Following a year when startups raised record amounts of venture...
Tag: Raises
South African Exchange VALR Raises $50M Series B, Embrace the Largest Funding Round in Africa
Johannesburg, South Africa-based crypto exchange VALR, has secured a $50 million (over 750 million Rand) Series B round led by Pantera Capital. It is the largest ever cryptocurrency funding round in A...
South African exchange raises $50M in Africa’s largest funding round
South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange. With this latest round of funding, VALR’s...
A Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants – News Bitcoin News
The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing fast-food rest...
Blanco Appoints New CEO, Raises €3M for Further Expansion in Europe
Blanco, a technology developer for asset managers, has announced today that it has raised more than €3 million in a new investment round from new industry experts and existing investors like Volta Ven...
FriesDAO raises $5.4 million with plan to buy fast food restaurants
A DAO aiming to buy fast food restaurants and give its community a say in how they’re run has raised $5.4 million in a crypto-backed foray into the world of hospitality. The group – dubbed Frie...
Mizar raises $3M to build next gen smart trading tools
Mizar has closed their seed funding round, raising $3 million to build the next generation smart trading tools for common use, Invezz learned from a press release. Nexo (NEXO/USD) led the financing fo...
Ukrainian Government Raises over $10M in Digital Currencies from the Public
This weekend, the Ukrainian government solicited funds from the public in the wake of the invasion of its territory by Russia as diplomatic ties between both countries went soar. The entire public, pa...
Blockchain-Based Storage App ArDrive Raises $17.2 Million
ArDrive, a blockchain-based permanent storage application, has raised a tidy $17.2 million in a seed round of 13 investors led by Arweave Team, Blockchain Capital, and Sino Global Capital. ArDrive cur...
Ukrainian government raises nearly $10 million in crypto following public appeal
advertisement Nearly $10 million bitcoin, ether and other digital assets has been raised since the Ukrainian government issued a direct appeal for crypto donations this weekend. As previously reported...
Ukraine government raises over $10 million in cryptocurrency donations
Ukraine’s President Volodymyr Zelenskyy holds a press conference on Russia’s military operation in Ukraine, on Feb. 25, 2022 in Kyiv. Anadolu Agency | Getty Images Ukraine’s governme...
US offshore wind auction in NY, NJ raises a record $4.37 billion
Offshore wind farm. davee hughes uk | Moment | Getty Images The federal government on Friday announced a record $4.37 billion sale of six offshore wind leases off the coasts of New York and New Jersey...
Mizar Raises $3 Million Seed Round Led By Nexo For Next-Gen Smart Trading Tools
Mizar has announced the successful closing of their seed funding round, raising $3 million to build the next generation smart trading tools for everyone’s use. The financing for this round was led by ...
India’s Niyo Raises $100 Million in Series C Funding Round
Niyo, a financial technology platform, has raised $100 million in a Series C funding round with an aim to transform banking in India. Avendus Capital advised Niyo for the mentioned transaction. Accel ...
3-month-old Stealth Singapore GameFi Startup Raises Seed Funding of $2.7 million
[PRESS RELEASE – Please Read Disclaimer] Singapore-based game finance (GameFii) blockchain startup, Ethlas, announced on Feb. 15 that it has secured $2.7 million in seed funding from investors such as...
Squads Raises $5 Million to Supercharge DAOs on Solana
In brief DAO infrastructure project Squads has launched on Solana’s mainnet. The project has also raised $5 million in a round led by Multicoin Capital. DAOs have been a hot topic in the crypto world ...
BitsCrunch raises $3.6M in funding for NFT analytics tools
Crypto and nonfungible token (NFT) ecosystem analytics firm BitsCrunch has secured $3.6 million in a funding round led by Animoca Brands, Coinbase Ventures, Crypto.com Capital, and others. BitsCrunch ...
Aligned Raises $34M to Build Custom Hardware for New ‘AWS of Crypto’ Service
In brief Aligned is the latest startup to offer crypto infrastructure as a service The startup is founded by a veteran of Consensys As the crypto industry booms, the infrastructure it sits on has beco...
ConsenSys alum raises $34M for his crypto startup Aligned
Sam Cassatt, former chief strategy officer at ConsenSys, had been working under the radar since 2020 for his web3 infrastructure startup Aligned. The company has now emerged from stealth with $34 mill...
bitsCrunch Raises $3.6 Million From Animoca Brands, Coinbase Ventures, Crypto.com Capital, Polygon Studios
February 24, 2022 – Munich, Germany bitsCrunch, a blockchain analytics firm focusing on providing securing services using artificial intelligence (AI) to safeguard the NFT ecosystem, announced today t...
Slope Finance raises $8 million- The Cryptonomist
Slope Finance has closed an $8 million Series A funding round led by Solana Ventures and Jump Crypto, and also joined by Sequoia China, Genesis Trading, CMS Holdings, Spark Digital, Circle Ventures, H...
Luna Foundation Guard Raises $1Bn to Save UST Dollar Peg
The LFG (Luna Foundation Guard) recently raised over 1 billion dollars in its private token sale. The NPO was established with the aim to boost the development of the Terra framework. Now, the organiz...
Worldspark Studios Raises $3M for NFT Games From Riot, Bungie Veterans
In brief Worldspark Studios is a blockchain gaming startup that has veteran developers from Riot Games and more. The firm raised $3 million in seed funding and is developing a game called Edenbrawl th...
Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding
Solana-community based decentralized exchange Slope Finance announced to complete the rasing of $8,000,000 in Series A funding, co-led by Solana Ventures and Jump Crypto. Other investors include Circl...
Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding – Finance Bitcoin News
On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired f...
HK-based Ucollex Raises $10M in Funding, Led by Animoca Brands
Hong Kong-based non-fungible token (NFT) platform Ucollex closed a $10 million Series A funding round led by Animoca Brands and the MCP IPX One Fund from Japanese investment firm MCP Asset Management....
Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg – News Bitcoin News
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token...
Amber Group Raises $200M in Temasek-Led Round at $3B Valuation
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round – Fintech Bitcoin News
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm ...