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Funding
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.
Decentralized Social Media Project Nostr's Damus Gets Listed on Apple App Store
Former Twitter CEO Jack Dorsey has donated to Nostr and promoted the open protocol that aspires to create a censorship-resistant global social network.
DeFi Liquidity Protocol Squid Raises $3.5M Round Led by North Island Ventures
The Axelar-based protocol connects users with cross-chain assets for borrowing and lending.
