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Venture Capital
Web3 Payments Firm Transak Raises $20M
The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led by Blockchain Capital
Other investors in the Series C round included a16z, Bain Capital Crypto and Distributed Global.

Dispersion Capital Opens $40M Fund for Web3 Infrastructure
The fund was founded by Patrick Chang, an active angel investor in the crypto industry.

LabDAO Raises $3.6M to Decentralize Drug Discovery
The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.

Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets
The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.

Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
The pre-seed funding extension was led by Superscrypt; Polygon was a prior investor.

Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center
Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the funding round.

Peter Thiel Backs Bitcoin Startup River in $35M Round
The Series B funding for the Bitcoin financial services provider was led by Kingsway Capital.

Bitcoin Miner Marathon Digital-Linked Startup Auradine Raises $81M
Marathon's CEO, Fred Thiel, sits on the board of the web infrastructure startup.

Polygon Co-Founder Launches Web3 Fellowship Program
Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year.
