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Funding
VC-Backed NFT Social Platform Metalink Launches Mobile App
Funded by notable Web3 figures Guy Oseary, Gary Vaynerchuk and MoonPay CEO Ivan Soto-Wright, Metalink aims to be the first mobile platform where NFT collectors can talk, track and transact.
Digital Art Platform and Residency Program Wildxyz Raises $7M
Notable investors such as Reid Hoffman, Gwyneth Paltrow and Cozomo de Medici participated in the seed funding round.
Web3 Infrastructure Startup Portal Raises $5.3M
The company emerges from stealth with a roster of backers, including Katie Haun’s investment firm.
Bitcoin’s Future Hinges on Donations, and That’s Got People Worried
It costs up to $200 million a year to keep Bitcoin’s code maintained and functioning. Can developers find the resources they need in a plunging market? Frederick Munawa checks in.
DWF Labs Invests $25M in Privacy Tech Startup Beldex
The funds will help promote the ecosystem of decentralized applications that protect user data.
Superchain Network Raises $4M to Build Decentralized Data Indexing Protocol
The $4 million combined seed and pre-seed round included participation from Blockchain Capital, Maven 11 and other investors.
Web3 Builders Need Better Funding Programs, Not Just Funds
Many funding models follow a “just throw money at it” logic. What Web3 developers need is funding models that offer proper coaching and support.
Abu Dhabi Starts $2B Initiative to Back Web3 Startups
The Hub71 + Digital Assets ecosystem will also back companies focusing on blockchain technologies.
Blockchain Security Firm Ironblocks Raises $7M From Collider Ventures, Disruptive AI and Others
The fundraise follows a record year of crypto losses to hackers.
Crypto Winter Led to 91% Plunge in VC and Other Investments for January
A CoinDesk analysis shows crypto startups only raised $548 million last month. The FTX failure’s full impact on industry fundraising likely remains to be seen.
