Venture Capital


Web3

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.

(Pixabay)

Finance

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.

Worldcoin co-founders Alex Blania and Sam Altman (Marc Olivier/Worldcoin)

Web3

Dispersion Capital Opens $40M Fund for Web3 Infrastructure

The fund was founded by Patrick Chang, an active angel investor in the crypto industry.

Beldex raises $25 million with a new DWF Labs partnership (Unsplash)

Finance

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.

(Pixabay)

Policy

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.

(Pixabay)

Web3

Airstack Raises Over $7M for AI-Backed Web3 Developer Platform

The pre-seed funding extension was led by Superscrypt; Polygon was a prior investor.

(Pixabay)

Finance

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.

Mining rig (Getty Images)

Finance

Peter Thiel Backs Bitcoin Startup River in $35M Round

The Series B funding for the Bitcoin financial services provider was led by Kingsway Capital.

River Financial CEO Alex Leishman at BTC 2022. (Danny Nelson/CoinDesk)

Finance

Bitcoin Miner Marathon Digital-Linked Startup Auradine Raises $81M

Marathon's CEO, Fred Thiel, sits on the board of the web infrastructure startup.

Marathon Digital CEO Fred Thiel (CoinDesk)

Tech

Polygon Co-Founder Launches Web3 Fellowship Program

Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year.

Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)