Venture Capital
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.
Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin
Several crypto lenders, exchanges and funds that used customer assets to grow rapidly had a crash course in the limits of digital scarcity in 2022.
