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Crypto Firm RISC Zero Secures $40M Funding Round Led by Blockchain Capital


RISC Zero, a startup that builds zero-knowledge (ZK) proof software, has raised $40 million in a Series A funding round led by the major crypto-focused investor Blockchain Capital. In its announcement of the closing of the funding round, RISC Zero said the fresh capital will be used to bring...

Web3 VC Funding Takes a Nosedive: Crunchbase Data Shows 76% Drop


Funding of Web3 firms from venture capitalists has dropped 76% in the second quarter this year as compared to the same quarter in 2022, Crunchbase data revealed.  Web3 firms raised just over $1.8 billion in the second quarter of 2023 as compared to $7.5 billion during the same period last year. ...

Alluvial acquires $12M via series A funding round


Alluvial, which is a company engaged in software development, successfully managed to acquire for itself the amount of $12 million through a series A funding round. They are also into backing high-level liquid staking protocol, Liquid Collective. The funding round witnessed the contribution of...

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