Funding


Finance

Venture Capital Firm NFX Adds $62.6M in Follow-On Investments, Including Crypto Companies

The firm is doubling down on high-conviction portfolio companies like crypto’s Ramp, Radicle and Celestia.

Morgan Beller, general partner at NFX (NFX)

Finance

Decentralized Crypto Exchange Hashflow Raises $25M at $400M Valuation

The platform uses an asset pricing model that offers interoperability, lower fees and no slippage.

(Chris Rogers/Getty Images)

Finance

Crypto Exchange KuCoin Raises $10M From Susquehanna to Fund Hiring, Growth Plans

The firms will also work together to help incubate and build networks for crypto startups.

(Shutterstock)

Finance

Scaramucci’s SkyBridge Planning New Fund for Web3, Crypto: Report

The news follows a report earlier this week that SkyBridge suspended withdrawals from another fund due to steep declines in stocks and cryptocurrencies.

SkyBridge chief Anthony Scaramucci (Danny Nelson/CoinDesk)

Finance

AI-Based Startup Optic Raises $11M to Put the ‘NF’ in NFTs

Optic’s near-term plans include creating a public API for Web3 developers and new tools for NFT creators and collectors.

Optic's AI engine checks new NFTs for potential counterfeits. (Optic)

Finance

Dragonfly Capital Leads $13M Round for DeFi Infrastructure Startup XLD Finance

XLD offers cross-border financial tools for customers in the Philippines, Indonesia, Malaysia, Vietnam, India and Bangladesh.

Dragonfly Capital's Haseeb Qureshi at Consensus 2022 (Daniel Kuhn/CoinDesk)

Finance

Decentralized Oracle Empiric Network Launches With $7M Funding Round

Variant led the round for the StarkNet-based oracle, which was created in partnership with StarkWare.

Empiric Network is a decentralized oracle on StarkNet. (Getty Images)

Finance

Crypto VC Investments Drop 26% in First Half of 2022

Investments totaled $9.3 billion versus the $12.5 billion in last year’s period, but the number of deals increased.

Crypto VC investments have declined in the first half of 2022. (Shutterstock)

Finance

5ire Raises $100M to Fund Expansion of Sustainable Blockchain

The company will use what it calls a Proof-of-Benefit mechanism, saying it is the only sustainability-focused blockchain unicorn in the world.

The 5ire team with Sailesh Hiranandani (second from right). (5ire)