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Funding
EU Launches Estimated €400M Blockchain, AI Fund to Avoid Lagging US, China
A new fund has been set up with the aim of preventing the EU falling behind nations like the U.S. and China on blockchain and AI innovation.

Congressional Challenger to House Speaker Pelosi Is Fundraising in Crypto
Democratic blockchain and crypto enthusiast Agatha Bacelar is challenging House Speaker Pelosi on a tech-focused platform.

Ethereum Scaling Project SKALE Raises $17.1 Million for Mainnet Launch
Multicoin Capital, ConsenSys Labs, Hashed and others are providing fresh funding for the mainnet launch of ethereum's SKALE Network.

Stripe-Backed Payments Firm Raises $100 Million to Compete Against Stablecoins
Rapyd raised $100 million in a Series C funding round to face off against the arrival of stablecoins.

Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI
Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.

ConsenSys Spin-Out 3Box Raises $2.5 Million to Build ID Tools for Dapp Devs
ID startup 3Box is spinning out of ethereum incubator ConsenSys with $2.5 million in new funding.

Token, an Open Banking Platform, Raises $16.5M in Funding
Investors in Token include Opera Tech Ventures, the venture arm of BNP Paribas, Octopus Ventures, and EQT Ventures.

'Hard Core Fund' Collects 50 BTC to Support Bitcoin Developers
This bitcoin evangelist is bridging the gap between the Asian mining industry and global open source developers.

Steve Case Backs $4.7M Seed Round for Blockchain Database Startup Fluree
This North Carolina-based startup is extending blockchain fundamentals to data sharing.

$19 Million: Ethereum Foundation to Fund Work on 2.0 Upgrade, Plasma and More
The Ethereum Foundation issued a blog post today outlining how an estimated $30 million would be spent to further develop the ethereum ecosystem.
