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Venture Capital
NFT Platform Immutable Raises $200M at $2.5B Valuation
Singapore state investment giant Temasek led the round of funding, which will be used for global expansion.

Griffin Gaming Partners Raises $750M Fund With Eye on Web 3
The gaming-focused venture capital firm now has more than $1 billion in assets under management.

First Mover Asia: Singapore's Lightbulb Capital Balances the 3 Parts of ESG Investing. Will the DeFi World Care?; Bitcoin, Ether Fall
The crypto world has focused more heavily on environmental issues than the social and governance aspects of different projects; major cryptos were in the red on Sunday as the Russian invasion intensified.

Praxis Raises $15M in Series A Funding Round
The startup is trying to build a city organized around remote work.

Polymer’s $3.6M in Seed Funding Says IBC Is the Future of Crypto
The team plans to make blockchains like Ethereum and Solana more easily compatible with chains built using Cosmos’ Inter-Blockchain Communication protocol.

VC Firm Electric Capital Raises $1B for 2 New Funds Targeting Tokens and Equity Stakes
On Tuesday, Crypto venture capital firm Electric Capital announced that it raised $1 billion to create two new funds: a $400 million venture fund and a $600 million token fund. “The Hash” explains how Electric Capital’s approach, which focuses on token allocation directed toward the community, differs from others in the space.

Electric Capital Raises $1B for 2 New Crypto VC Funds
Long-term investing and public goods will be a focus for the two new funds from what had been a smaller player in the world of crypto VC.

African Crypto Exchange VALR Raises $50M in Series B Led by Pantera Capital
Alameda Research and Coinbase Ventures were also investors in the round, which valued the company at $240 million.

Coinbase Ventures Lead Katherine Wu Leaves for VC Firm Archetype
Wu announced her departure on Twitter after just five months at Coinbase’s venture arm.

Fast Break Labs Raises $$6M in Seed Funding Round
The Web 3 startup founded by two ex-Meta Platforms employees is developing a blockchain-based fantasy basketball game.
