Funding


Finance

Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding

CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year.

Bitcoin miners are attractive partners to build AI data centers: Bernstein. (Shutterstock)

Finance

Coinbase CEO Brian Armstrong’s ResearchHub Startup Raises $5M in Funding

The Series A round was led by Open Source Software Capital with participation from Boost VC, RedHat's Bob Young, Vercel’s Guillermo Rauch and Replit's Amjad Masad.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Web3

Red Beard Ventures Closes $25M Funding Round With Animoca Brands, Others

The Web3 venture capital firm hopes to support early-stage DeFi and Web3 gaming projects and is also launching a tokenomics accelerator.

Drew Austin (Red Beard Ventures)

Tech

Polygon Co-Founder Launches Web3 Fellowship Program

Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year.

Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)

Finance

Crypto Wallet Giddy Raises $6.9M in Funding to Further Self-Custody Adoption

Fortnite co-creator Geremy Mustard took part as a strategic investor in the round.

Giddy's founding team from left to right: David Bland, Adam Olsen, Eric Parker, David Hurst, Ethan Parker, Brendan Wanlass (Giddy)

Finance

Crypto Storage Provider Zodia Custody Raises $36M From SBI Holdings, Standard Chartered

The firm will use the funds to increase its token coverage and enhance its settlement product, Interchange.

Standard Chartered (Shutterstock)

Finance

Cata Labs Raises $4.2M to Develop 'Bridging' Software

The round was led by Spartan Group and included participation from Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.

(Shubham Dhage/Unsplash)

Finance

DeFi Protocol iZUMi Finance Raises $22M

The fundraising round involved issuing semi-fungible tokens.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Finance

DeFi Protocol DFlow Raises $5.5M to Bring Payment for Order Flow to Crypto

The project would bring a controversial practice in the equities market into the world of decentralized finance.

Lending money handing over paying cash (Shutterstock)

Finance

Alchemy’s Venture Arm Wants to Align With 'Web3 Missionaries, Not Mercenaries’

The investment arm of the Web3 infrastructure giant, last valued at $10 billion, continues to find new ways to back early-stage founders.

Paul Almasi, head of Alchemy Ventures (Alchemy Ventures)