Search Results for "funding"
Web3 Startup Funding Drops 82 percents YoY
VC funding for Web3 start-ups decreased by 82% YoY in Q1 2023, dropping to $1.7 billion. The number of big funding rounds hitting nine figures almost completely dried up over the past year. The decline in Web3 funding is attributed to investors opting for a risk-off approach and seeking opportunities in industries they know best.
USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock
Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.
Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts
Many firms in the field have donated funding, on-the-ground help, and even future NFT charity efforts.
Bosch and Fetch.ai to Create Foundation to Fund Development of Web3
Bosch establishes Fetch.ai Foundation and commits $100 million in funding to create Web3, AI, and IoT products.
Blockchain Security Startup BlockSec Pulls $8m in Seed+ Funding Round
Blockchain security startup, BlockSec has announced it has completed a new seed plus funding round where it pulled the sum of $8 million from top investors.
CFTC Commissioner Questions VCs' Due Diligence
Investor due diligence in the failing crypto-exchange FTX has sparked concerns from the Commodity Futures Trading Commission (CFTCP). VCs had to write down their multimillion-dollar investments to practically nothing, raising "serious doubts" about their responsibility.
Animoca Brands Lands $75m in New Funding
In its latest funding round, digital entertainment, blockchain, and gamification outfit, Animoca Brands announced it has raised the sum of $75 million.
DeFi Platform Space and Time Pulls $10m in Series A Funding
DeFi startup Space and Time has secured $10 million in a Series A funding round as the firm seeks to develop its one-in-a-kind cryptographic protocol called proof-of-SQL.
Japan’s Double Jump.Tokyo Raises $24m to Scale Blockchain Gaming Products
Double Jump.Tokyo is targeting to partner with major game developers. The Japanese blockchain company has raised $24 million in a Series C funding round.
A group of nine banks has invested $45 million in Carbonplace
The independent UK Carbonplace organization will start later this year under CEO Scott Eaton.
Injective Raises $40m Funding to Expand DeFi Applications
Injective is investing in the future of financial technology by creating avenues for diversified and equitable access to financial freedom.
Animoca Brands's New Management Team Onboards
Animoca Brands, a digital entertainment, blockchain, and gamification startup has announced that it has onboarded many new staff to take up leadership positions in the company.