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Browsing: Investment & Funding
Blockchain & Crypto VC Funding News
Latest VC investment & funding news of blockchain & crypto startups, including DeFi, NFT, GameFi, Metaverse, FinTech, and other Web3 firms.
Web3 Lending Startup RociFi Secures $2.7M Seed Financing From Arrington, Goldentree, LD Capital, Nexo, and Skynet Trading
RociFi is building a credit solution that ultimately eliminates the dependency on traditional finance structures.
Synthetic Speech Tool Developer LOVO Secures $6.5M To Advance Its AI Voice Technology to Web 3.0
LOVO plans to use the new funds to advance its research and development in artificial intelligence and synthetic speech for Web 3.0.
The funding round attracted several early-stage venture capitalists and crypto-native firms, including RRE Ventures, Foundation Capital, Original Capital, VanEck and Circle Ventures.
Map contributors are rewarded with the Hivemapper network’s native token, $HONEY, and the result is a state-of-the-art map that is constantly evolving.
Gaming NFTs Marketplace Fractal Secures $35 Million From Paradigm, a16z, Animoca, and Others
The transition to blockchain assets is a new business model for gaming, states Fractal Co-Founder Justin Kan.
“LayerZero unlocks a future of blockchains without borders. Users will interact with omnichain dApps that exist on multiple blockchains,” states LayerZero Labs CTO Ryan Zarick.
Tea is an approachable, intuitive collection of tools that will work with both Web 2.0’s Internet of today along with web3,” states Tea Co-founder Max Howell.
Over ten new gaming titles will be released and supported by the C2X platform in 2022.
Wombat plans to use the proceeds from this round to accelerate its product development and expansion.
Ethereum Builder ConsenSys Secures $450M at $7B Valuation, Hiring 600 new employees globally
ConsenSys revealed that it will convert all Proceeds from the round to ETH to further builds ConsenSys’ “ultra sound money” position as a “rebalance the ETH to USD-equivalents ratio” in line with ConsenSys’ treasury strategy.