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Fundraise
Union Labs, a Connector of Blockchains, Raises $12M in Series A Round
The firm, which aims to bridge the Ethereum and Cosmos ecosystems with its interoperability layer, now wants to build links to Bitcoin too.
Trump's Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales
The revised plan to sell only $30 million of WLFI tokens — instead of the originally planned $300 million — suggests Trump may not quickly see a big payday from World Liberty Financial.
Blockchain Data-Availability Project Celestia's Foundation Raises $100M
The news comes as as Celestia's native token, TIA, had fallen 54% since the beginning of 2024.
Tune.FM, Music Streaming Project on Hedera Blockchain, Gets $50M Capital Commitment
The news comes just eight months after Tune.FM shared it had raised $20 million in a funding round.
Chaos Labs Raises $55M as Demand Grows for On-Chain Risk Management
The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi).
Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund
As Ethereum's Layer-2 ecosystem booms, Caldera's "Metalayer" aims to help developers quickly launch applications across multiple networks.
Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company
Polychain says Niraj Pant broke the fund's policies by secretly accepting "adviser" tokens from Eclipse.
Pi Squared, Building 'Universal ZK Circuit', Raises $12.5M
The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing" along with other blockchain use cases including AI.
MegaLabs, Behind the 'Real-Time' Blockchain, Raises $20M, Led By Dragonfly
The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months.
Shiba Inu Fetches $12M Investment in a Token Sale to Build Privacy-Focused Blockchain
The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.
