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Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
9.8.2024
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop...
Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
24.7.2024
Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300...
Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton
23.7.2024
Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain
Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity is Back Up
18.7.2024
Payment giant Visa's blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed which showed that demand for stablecoins has picked...
Tanzania Fintech Startup Nala Secures $40 Million via Series A Round
11.7.2024
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital firm Acrew Capital. The funds will be used to bolster Nala’s business-to-business (B2B) payment platform and support its overall growth plans. New Funding...
RedStone, Blockchain Oracle Project Pushing Into Restaking, Raises $15M
2.7.2024
The fresh round of capital will go towards hiring new team members, according to a press release
Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding Round
13.6.2024
The Egyptian fintech startup Sahl has raised $6 million through a Series A funding round. The startup is set to use the capital raised to strengthen its local operations and fund its expansion into the Kingdom of Saudi Arabia. Sahl’s Strategic Partnerships The Egyptian fintech startup Sahl...
Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet
12.6.2024
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing...
Squads Labs Raises $10M Series A, Unveils Smart Wallet for Public Testing on iOS
10.6.2024
The funding round led by Electric Capital included participation from RockawayX, Coinbase Ventures, L1 Digital and Placeholder
M^0 secures $35M Series A round for stablecoin issuance network
5.6.2024
As part of the fundraising, M^0 has deployed its core protocol and on-chain governance mechanism on the Ethereum mainnet
Avail secures $43M in Series A for Web3 unification
4.6.2024
Avail, led by a Polygon co-founder, raises $75 million to tackle Web3 challenges like fragmentation and data availability
Polygon Spinoff Avail Raises $43M in Series A Funding
4.6.2024
The news comes three months after Avail, the data availability company, disclosed its $27 million seed funding round
Marketnode Secures Series A Funding Led by Financial Services Giant HSBC
30.5.2024
On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins...
Degen token surges 17% on Farcaster’s $150M Series A raise
22.5.2024
Farcaster, blockchain’s answer to traditional social media, raised $150 million in a Series A funding round led by Paradigm, sending a community token soaring
Pantera Capital funds InfiniGods with $8M in Series A
26.4.2024
Pantera Capital was the only company responsible for investing $8 million in InfiniGods via a Series A funding round. As per the company, they have great faith in the potential of InfiniGods and their commitment towards enhancing Web3 regarding mobile gaming. Pantera Capital believes it will...
Polychain Capital Leads $38 Million Investment in Movement Labs to Integrate Facebook’s Move onto Ethereum
26.4.2024
As of April 25, monolithic Blockchain startup Movement Labs has raised $38 million in Series A funding from Polychain Capital. The goal of Movement Labs is to bring Facebook's Move Virtual Machine to the Ethereum ecosystem, and this funding will help them achieve that goal.
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Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital
16.4.2024
The fresh round of capital will be used to help launch Puffer’s mainnet
Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion
5.4.2024
Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round.
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Arrow Markets Secures $4M in Series A to Forge New Paths in Crypto Options Trading
30.3.2024
On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from prominent backers including Framework Ventures, Delphi Ventures, and...
Gaming Firm Illuvium Raises $12M Funding Led by King River Capital, Arrington and Animoca
27.3.2024
Blockchain gaming firm Illuvium has raised $12 million in a series A funding round with contributions from investors such as Australian venture capital firm King River Capital, Arrington Capital and Animoca Ventures.
The post Gaming Firm Illuvium Raises $12M Funding Led by King River Capital...