According to CoinDesk, early-stage venture capital firm Sigma Capital has launched a $100 million fund focused on Web3 startups. According to an announcement via email on Tuesday, the Dubai-based firm is trying to capitalize on the reputation of the United Arab Emirates (UAE) as a cryptocurrency hub. The fund will focus on decentralized finance (DeFi), tokenization, and blockchain infrastructure by managing a portfolio of liquid tokens.
1. Blockchain startup Commonware completes $9 million financing; 2. Perena completed a $3 million Pre-Seed round of financing, led by Borderless Capital.
Blockchain startup Commonware completed a $9 million funding round, led by Haun Ventures and Dragonfly Capital, and Commonware has received funding from a number of high-profile cryptocurrency developers, including BeraChain's Smokey the Bera, Cosmos' Zaki Manian, EigenLayer's Sreeram Kannan, Farcaster's Dan Romero, and Helius' Mert Mumtaz.
Cadenza, a venture capital firm specializing in blockchain and artificial intelligence, announced the completion of $50 million in its early-stage AI venture capital fund. The new fund will focus on pre-seed and seed stage investments, with a focus on infrastructure and enterprise application fields. Cadenza's current portfolio in the Web3 space includes: Web3 infrastructure Validation Cloud, Malaysia Digital Asset Exchange Hata, Web3 API platform Uniblock, L1 blockchain Linera, crypto wallet ap...
Theory Venture, a venture capital firm focused on early-stage investments in data, artificial intelligence and Web3, announced that its second fund has completed a $450 million fundraising after the launch of its first $238 million fund in April 2023, and the new fund will further expand its support for innovators. It is reported that the new fund will focus on three areas: data analytics, artificial intelligence as a new platform, and decentralized infrastructure as a database. It has now led t...
Blockchain early-stage VC Portal Ventures is nearing the final fundraising of its second $75 million fund, which founder and general partner Evan Fisher said was oversubscribed to $90 million. According to a filing with the Securities Exchange Commission (SEC) in August, the initial fund target was $70 million, but Portal later decided to raise the cap by $5 million.
New York-based blockchain startup R3 has held preliminary discussions with representatives from Ava Labs, the Solana Foundation and Adhara, according to people familiar with the matter. Those discussions have been going on for at least six months and include options such as a joint venture, a minority stake sale or an outright sale. Although its Corda technology is used by multiple real-time platforms such as the Swiss Stock Exchange's digital asset trading platform, some projects have not reach...
Indico Capital Partners, an early-stage venture capital firm headquartered in Lisbon, raised 76 million euros for its fund Indico VC Fund II. It is reported that the investment commitment of Portuguese local bank Banco Portuguese Guês de Fomento (BPF) to Indico VC Fund II has increased from 35 million euros to 50 million euros. The venture capital focuses on seed-round to A-round investment. The investment scope covers artificial intelligence, big data, enterprise SaaS, financial technology, ma...
Predicate, a blockchain startup founded by two former employees of blockchain project Celo to help cryptocurrency companies better comply with regulatory requirements, has announced a $7 million round of funding from top venture capitalists such as Tribe and 1kx. The company's solution will be available on Ethereum and EVM-compatible chains, with plans to expand to other blockchains in the future. Predicate is also working with EigenLayer, a recently completed token offering network, to develop ...
Artificial intelligence startup Anthropic proposed a $40 billion valuation in early talks for a new funding round.
According to The Information, artificial intelligence startup Anthropic proposed a $40 billion valuation in early talks for a new funding round.
According to Spotonchain monitoring, an early buyer of SHIB is exchanging its loss-making SHIB positions for rising FET tokens. In the past 10 hours, the whale has exchanged 2556.2 billion SHIB (worth $3.50 million) for 3.114 million FETs. Notably, the whale made a profit of $145 million (up to 52x) on the first trade of SHIB between February 2021 and June 2022. However, the address's recent SHIB token trade has not been good, with 115 on his second trade since June 2024...
Robot Ventures, an early-stage investor in crypto startups such as EigenLayer, Lido Finance and Flashbots, has raised $75 million for its early-stage cryptocurrency venture fund. This is the fourth fund from Robot Ventures, whose investors include TrueBridge Capital Partners, Haun Ventures, Marc Andreessen and Chris Dixon.
According to the Snapshot governance page, Animoca Ventures, an early-stage venture capital arm of Animoca Brands, initiated the establishment of ApeCoin Ventures in the ApeCoin DAO community. The proposal has been voted through, and the voting result shows that the approval rate is 84.27%. This means that ApeCoin DAO will invest $500 in APE tokens, and Animoca Ventures will provide $5 million in fiat currency for 1:1 ratio to jointly form an investment fund with a total size of 10 million US do...
Gold encountered profit-taking pressure after a sharp rise in the early stage, and two major factors may continue to support the rise in gold prices.