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Venture Capital
Decentralized Identity Network Space ID Raises $10M
The round was led by crypto investment firms Polychain Capital and dao5.
Blockchain Analytics Firm Elementus Triples in Valuation Despite Crypto Winter
Elementus increased its valuation significantly from a little more than a year ago in a new $10 million fundraise.
Crypto VC Firm Pantera Co-CIO Joey Krug Departs
A new executive committee will absorb Krug’s duties, according to a letter to limited partners.
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.
Crypto VC Firm Arrington Capital Hires BitMEX Alum as Investment Head
Bhavik Patel previously headed product and derivatives for the crypto exchange.
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.
Nic Carter from Castle Island Ventures Backs New Crypto VC Firm
Founded by a Circle alum, Breed VC closed its first fund with nearly $20 million in capital.
Blockchain Scaling Project Sovereign Labs Raises $7.4M in Seed Round
The fundraise was led by Haun Ventures and included Maven 11, 1KX, Robot Ventures and Plaintext Capital.
Sui-Based Ethos Wallet Raises $4.2M in Seed Round
The underlying blockchain was developed by former employees of Facebook parent Meta Platforms.
Web3 Infrastructure Startup Spatial Labs Raises $10M
Blockchain Capital led the seed funding round, and a firm co-founded by Jay-Z contributed.
