Venture Capital
Luno Spins Out Investment Arm to Pump $15M to $75M a Year Into Crypto Companies
Luno Expeditions will focus on seed and pre-seed investing with the aim of making 200-300 such investments per year.
Oxio Raises $40M to Bring Tokenized Telco Model to US and Brazil
The company's white label product allows any brand to serve as a mobile operator. It’s already working with Grupo Bimbo and other big brands in Mexico.
Bain Capital Crypto Adds Redpoint Ventures Alum Lydia Hylton as Partner
Hylton will focus on “early-stage DeFi, Consumer, and DAO-focused applications and protocols” while at Bain.
$450M Raise Values Ethereum Builder ConsenSys at $7B as MetaMask Tops 30M Users
The hefty Series D more than doubles the firm’s previous valuation from November 2021.
FinCEN Chief Digital Currency Adviser Korver Departs for A16z
Michele Korver, who spent less than nine months at FinCEN, will be head of regulatory at A16z.
Coinbase Has ‘Hidden Value’ in Ventures Business, Oppenheimer Says
Crypto exchange Coinbase’s stock is undervalued, the investment bank said in a note to clients.
Bessemer Commits $250M to Web 3, Launches DAO
The noted venture capital firm is interested in consumer DeFi, infrastructure and other enabling technologies.
Fintech Platform Cake DeFi Creates $100M Venture Capital Arm
The Singapore-based company will invest in Web 3, NFTs and fintech projects.
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.
