Funding Rounds
Crypto Protection Firm Coincover Raises $30M
Silicon Valley investment firm Foundation Capital led the funding round.
Crypto Lender SALT Raises $64.4M to Resume Operations
The company paused business after the collapse of crypto exchange FTX.
Crypto Wallet Security Layer Webacy Raises $4M
Investors included entrepreneur Gary Vaynerchuk and Mozilla Ventures.
Decentralized Identity Network Space ID Raises $10M
The round was led by crypto investment firms Polychain Capital and dao5.
Blockchain Analytics Firm Elementus Triples in Valuation Despite Crypto Winter
Elementus increased its valuation significantly from a little more than a year ago in a new $10 million fundraise.
Crypto Winter Led to 91% Plunge in VC and Other Investments for January
A CoinDesk analysis shows crypto startups only raised $548 million last month. The FTX failure’s full impact on industry fundraising likely remains to be seen.
DeFi Liquidity Protocol Squid Raises $3.5M Round Led by North Island Ventures
The Axelar-based protocol connects users with cross-chain assets for borrowing and lending.
Crypto Issuance Startup Tokensoft Brings Its Token Launchpad On-Chain
Tokensoft version 2 will allow for greater abstraction in how teams structure their token distributions.
Sui-Based Ethos Wallet Raises $4.2M in Seed Round
The underlying blockchain was developed by former employees of Facebook parent Meta Platforms.
Web3 Infrastructure Startup Spatial Labs Raises $10M
Blockchain Capital led the seed funding round, and a firm co-founded by Jay-Z contributed.
