Talus Network, a decentralized AI protocol, has raised $6 million in a strategic funding round led by Polychain Capital, valuing it at $150 million. The funding will help further grow the Talus ecosystem, including Protochain, the Nexus framework and the "AI dating experience" app.
Stablecoin infrastructure platform Noble completed a $15 million Series A round led by Paradigm. Noble has partnered with stablecoin issuers such as Circle, Ondo Finance, Hashnote Labs and Monerium, and currently manages assets of over $458 million.
Privacy blockchain project Nillion has raised $25 million in a funding round led by Hack VC, with Arbitrum, Worldcoin and Sei also participating. Nillion is trying to attract projects at the intersection of blockchain and artificial intelligence (AI) that need to securely share and store large amounts of data. Blockchain converges with AI by attempting to decentralize ownership and leverage the data required by AI engines, preventing it from being dominated by a few centralized entities.
Plasma Network raised $3.50 million in funding led by Bitfinex, with participation from Christian Angermayer and venture capital firms Split Capital, Anthos Capital, Karatage and Manifold Trading. Paolo Ardoino, CTO of Bitfinex and CEO of Tether, also backed the project. The chain will be fully compatible with the Ethereum Virtual Machine, meaning it can run any Ethereum-compatible smart contract to provide a solution that extends Bitcoin's functionality.
Hemi Labs raised $15 million in a funding round led by Binance Labs to launch a modular blockchain. Participants in this round also include Crypto.com, Web3 Ventures, HyperChain Capital, Alchemy, SALT Fund, Kelly Investments, Sunflower Capital, DNA Fund, Gate Ventures, Quantstamp, TRGC, BTC INC, Artichoke Capital, Cypher Capital, SNZ Holding, C6E, IBG Capital, Protein Capital, MON Ventures, SV5, Impossible Finance, Jihan Wu, George Burke and Sonny Sing...
1. Titan Network completed a seed round of financing, led by Arrington Capital; 2. DeFi abstract platform Infinit completed 6 million US dollars financing, and Electric Capital participated in the investment; 3. Decentralized music streaming platform Tune.fm 50 million dollars, Animoca Brands and others participated; 4. Gas cost optimization tool GasHawk completed the $1.60 million Pre-Seed round of financing, and 3SEHoldings participated in the investment; 5. Solana ecological DeFi project Carr...
Solayer raised $12 million in a seed round led by Polychain Capital, with other investors including Big Brain Holdings, Hack VC, Nomad Capital, Race Capital, ABCDE and Maelstrom, the family office of Arthur Hayes. Co-founder Rachel Chu revealed that the round closed in May and was structured as a Simple Future Equity Agreement (SAFE) with token warrants. Chu added that the round enabled Sol...
1. Moonveil completes Pre-A round of financing, led by Spartan; 2. TON ecological project TONX announced that it received 4 million US dollars in financing; 3.AI liquidity allocation agreement Quantlytica completed 1 million Euro financing; 4. UniWorlds, a chain game infrastructure provider, completed a seed round of financing, led by unisat; 5. ZK order book Vessel completed the $10 million seed round financing, and Sequoia Capital participated in the investment; 6. L2 project LYNC completed th...
Cryptocurrency lending protocol Morpho has raised $50 million in a strategic funding round led by Ribbit Capital, an early investor in fintech companies such as Robinhood, Revolut and Coinbase. Also participating in the private token sale are a16z crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, BlockTower and Kraken Ventures.
Venture capital giant Paradigm recently led a $2.20 million funding round for MetaDAO, a Solana-based governance experiment, a months-long project to build governance structures that rely on market forces rather than votes. According to MetaDAO's anonymous founder Proph3t, Paradigm will hold 3,035 META tokens, making it the largest single holder of META, accounting for 14.6% of the total supply. About 30 angel investors bought an additional 965 META tokens, raising a total of $2,229,950.
Stablecoin developer Bima Labs raised $2.25 million in a seed round led by Portal Ventures. Draper Goren Blockchain, Sats Ventures, Luxor Technology, CoreDAO and Halo Capital participated. Angel investors also participated in the round, including Ankr's Ryan Fang, Chorus One's Brian Crain, Sei Labs' Jeffrey Feng and Berachain's Smokey. It is reported that Bima has developed USBD, a bitcoin-backed stablecoin that can provide bitcoin liquidity by providing...
On July 14th, partners at Sentient's VC Founders Fund, Pantera Capital, and Framework Ventures talked in an interview about why they led the investment in open-source AI platform Sentient. Joey Krug, partner at Founders Fund, says the most important thing about Sentient really comes down to the quality of the team. I've known Sandeep and Pramod for years, and they're both very sharp in their respective technical fields. Paul Veradittakit, managing partner of Pantera Capital, said that if AI deve...
On-chain credit and earnings platform Idle has raised $1.10 million in a strategic funding round led by investment firm RockawayX, with participation from Fasanara Digital, bringing Idle's total funding to $2.40 million. The company plans to use the funds to further develop on-chain credit infrastructure, among other things.
UniSat announced the completion of the Pre-A round of financing, led by Binance, for an undisclosed amount. The round of financing was completed in May 2024. UniSat said that this strategic investment strengthens the existing technology and business partnership between the two parties and lays the foundation for future cooperation.
Startup Lombard raised $16 million and Polychain Capital led the round, with other investors including BabylonChain, Inc., dao5, Franklin Templeton, Foresight Ventures, Mirana Ventures, Mantle EcoFund and Nomad Capital.