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Funding
VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.
Startup Kaito Gets $87.5M Valuation in New Funding to Build AI Search Engine for Crypto
The search engine combines real-time data with large language models like ChatGPT.
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.
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.
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.
Polygon Co-Founder Launches Web3 Fellowship Program
Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year.
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.
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.
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.
