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Venture Capital
University of Michigan Considers Further Investment in A16z's Crypto Fund
The University of Michigan, which has an endowment valued at about $12 billion, may further invest in Andreessen Horowitz’s crypto fund.

Sequoia India Leads $3 Million Round for Token Startup Tackling 'Fake News'
Sequoia India has led a $3 million funding for Band Protocol, a startup that incentivizes reliable content producers with token rewards and staking.

Pantera Has Already Raised $125 Million for Its Third Crypto Fund
A slide deck obtained by CoinDesk shows Pantera has secured the majority of its third venture fund, though the bear market has slowed progress.

Galaxy Digital Backs $15 Million Raise for Crypto Analytics Firm CipherTrace
Blockchain and crypto security firm CipherTrace has raised $15 million in funding from investors including Mike Novogratz's Galaxy Digital.

Goldman Sachs Veterans Raise $3 Million to Fight Crypto Manipulation
A U.S.-based crypto market surveillance startup led by former Goldman Sachs fintech engineers has raised $3 million in seed funding.

South Korean Capital's $1 Billion Startup Fund Will Include Blockchain Firms
The Seoul Metropolitan Government has committed over $1 billion to invest in innovative startups by 2022, including blockchain firms.

Fairfax County Invests Total of $21 Million in Blockchain VC Fund
Fairfax County Retirement Systems has released details about its investment in a blockchain fund, apparently to quell fears about it.

Crypto Funds Say 'Generalized Mining' Is the New Way to Invest
A new initiative from venture firm CoinFund looks to get investors directly involved in the networks they invest in.

Ripple, Barclays Accelerator Back $1.7 Million Round for Remittance Firm
Barclays' accelerator program, Ripple and others have backed a $1.7 million round for a new remittance startup that will use XRP.

Blockchain Sleuthing Startup Chainalysis Raises $30 Million
The Series B funding was led by seasoned VC firm Accel and included investment from Benchmark, which led the firm's $16m Series A.
