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Fundraise
Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto
The leading shared sequencer firm said it would further invest in its products as well as additional hires.

Polyhedra Network Closes $20M Round at $1B Valuation
This is the Web 3 infrastructure provider’s fifth round of financing in the last two years.

Cryptography Firm Zama Raises $73M for 'Fully Homomorphic Encryption' Apps
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The 'FHE' technology allows for processing of encrypted data, useful for privacy in blockchain and AI.

USC Professor's Crypto Startup 'Sahara' Raises $6M to Reward AI Trainers
Sahara co-founder Sean Ren, a computer science professor at the University of Southern California, says his tech can help workers and businesses get compensated for their knowledge, data and expertise in the age of AI.

Crypto Payments Specialist Baanx Raises $20M Funding Round
The Series A investment round included Ledger, Tezos Foundation, Chiron and British Business Bank.

Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto
The funding will go towards further developing the protocol and adding new hires. Axiom allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain.

Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise
The company said that its initial target for the funding round was $35 million.

Woo Raises $9M to Boost Liquidity of WOO X Exchange
Participants in the raise include Wintermute and Amber, in addition to other notable liquidity providers.

Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.

Blockchain.com Closes $110M Raise: Bloomberg
The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.
