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Fundraising
A16z, Paradigm Lead $150M Round for Ethereum Scaling Solution Optimism at $1.65B Valuation
A16z previously led Optimism’s $25 million Series A round.

TravelX Raises $10M to Launch Multichain Distribution Protocol
The protocol for the travel industry tokenizes inventory for airlines and suppliers.

Pantera, Animoca Brands Co-Lead $10M Investment in Metaverse Game Studios
Solana Ventures and Everyrealm were also leaders of the financing round for the creator of blockchain game Angelic.

DAO Creation Platform Upstream Raises $12.5M and Launches Publicly
The funding round was led by existing investor Boldstart Ventures with participation from Ibex Investors, among many others.

WalletConnect Raises $11M to Let Crypto Wallets Talk to Each Other
Union Square Ventures and 1kx co-led the round at an undisclosed valuation.

Espresso Systems Raises $32M to Bring Scaling and Privacy to Web 3
The funding was led by Greylock Partners and Electric Capital, with participation from Sequoia Capital.

Ukraine Fundraisers Bring Out the Best, and Worst, in Crypto
If you tried to make money off Ukraine’s fundraising efforts, your soul is just as broken as your brain.

Pantera Capital Leads $10M Investment in NFT Infrastructure Startup Rarify
Rarify helps companies natively integrate non-fungible tokens into their platforms.

Crypto Investment Platform Zignaly Secures Up to $50M in Financing Deal
The backing comes from Luxembourg-based GEM, a $3.4 billion alternative investment group.

Blockchain Infrastructure Startup InfStones Raises $33M in Series B Funding
InfStones is among a crop of firms aiming to become the AWS of Web 3.
