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Venture Capital
Crypto Investment Firm CoinFund Launches $300M Web3 Fund
Sectors of interest for the early-stage fund include layer 1 blockchains, gaming and NFTs.

Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital
The fund has over $400 million in assets under management, according to Bloomberg.

Blockchain Payments Platform Ansible Labs Raises $7M in Seed Funding Round
The startup was founded by two former Visa workers.

DEX Protocol Injective Raises $40M From Jump Crypto, Brevan Howard Unit
The project will use the funds to boost the utility of the INJ Token.

Bain Capital Leads $12M Round for Scalable Blockchain Developer RISC Zero
The startup uses zero-knowledge proofs to create a developer-friendly blockchain.

Greylock, Pantera Led $18M Round for NFT Infrastructure Provider Pinata
Silicon Valley investment giant Greylock also backed Pinata’s $3.5 million seed round last year.

Andreessen Horowitz Leads $20M Funding Round for CreatorDAO
Paris Hilton and musicians The Chainsmokers also invested in the project.

Blockchain Analytics Platform Merkle Science Raises $19M to Take on Bridge Exploits
The threat detection company added funding to its Series A round, which now totals more than $24 million.

Cashmere Raises $3M at $30M Valuation to Build Solana Enterprise Wallet
Investors in the seed funding round included Coinbase Ventures, FBG Capital and YCombinator.

Nomad, Slope Hacks Create New Annoyance for Their Shared Backer Circle Internet Financial
The venture-capital arm of the USDC stablecoin-issuer gave money to Nomad and Slope, which were both exploited this week.
