Startup News

This week, blockchain startups and various crypto projects collectively raised more than $100 million in VC. Here's a roundup of the funding activities between June 16 and June 22.

This week, VC investors kept their momentum, infusing 34 startups in the blockchain sector with $109.3 million, from series A to grants.

The week of June 2 to June 8 saw an influx of funds into the blockchain space, with 21 startups raising a total of $399.7 million from venture capital firms and angel investors.

Bitcoin staking protocol Babylon has successfully raised $70 million in a funding round led by venture firm Paradigm.

This past week has been buzzing with significant VC activity in the crypto space, highlighting several startups making major strides. Here's a roundup of the top funding news.

How do the investment trends in Q1 2024 differ between traditional startups and crypto projects? Global startup funding has experienced a notable decline recently. According to Crunchbase, despite an improvement over Q4 2023, first-quarter startup investment in 2024 reached its…

Cryptocurrency companies closed the week with nearly $62 million in venture capital (VC) raised from various firms, including BlackRock.

Lemniscap, a seven-year-old firm that has backed multiple companies in the crypto blockchain space, is adding another startup to its portfolio.

Marginfi creator Edgar Pavlovsky announced his resignation from the protocol, citing his disagreement with the way “things have been done internally or externally.” In an X post on Apr. 11, Marginfi’s founder, Edgar Pavlovsky, revealed his decision to step away…

Anthony Pompliano teams up with ex-TechCrunch reporter to launch a new startup aimed at “helping blockchains better communicate with their developers.” American entrepreneur Anthony Pompliano announced a new venture in an X post on Apr. 9 aimed at addressing the…

Ethereum layer-2 blockchain LightLink secured $6.2m in funding during an extended seed round; total VC activity in Q1 clocked in around $1.1 billion across 180 crypto startups

The volume of venture investments in the crypto industry reached $2 billion in the first quarter of this year.

A new crypto startup Neoclassic Capital founded by former employees from Goldman Sachs, BlockTower raised funding from Marc Andreessen, Chris Dixon, and Jeff Vinik. A pair of alumni from banking giant Goldman Sachs, BlockTower Capital secured funding for their new…

Derivatives Monke also responded to the tweet, saying that Iyer was trying to blame them for ZigZag’s failure: "You are an envious loser."

Netherlands-based crypto derivatives exchange D2X has secured $10 million in a funding round led by Point72 Ventures to double down on its presence in Europe. Crypto derivatives exchange D2X has announced the successful closure of a $10 million Series A…

Layer-1 solution Nibiru Chain has announced the launch of its public mainnet, boasting 40,000 transactions per second. Nibiru Chain, a layer-1 blockchain network that previously raised $12 million from a pool of investors like Kraken Ventures, has launched its public…