Funding Rounds


Finance

Blockchain Data Warehouse Space and Time Raises $20M Series A to Accelerate Development of AI Tools

The funding round, which brings Space and Time's total backing to $50 million, was led by Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital

Space and Time co-founders Scott Dykstra (left) and Nate Holiday (Space and Time)

Finance

Sahara AI, Blockchain Project Tackling Copyright and Privacy, Raises $43M

The funding round was led by Pantera Capital, Binance Labs and Polychain Capital and included participation from Samsung, Matrix Partners, Foresight Ventures and others.

16:9 Sahara Desert (Ernesta Sakalaite/Pixabay)

Tech

WiFi Provider Andrena Raises $18M to Offer Decentralized Broadband

The fundraising for the DePIN-based project – destined for launch on the Solana blockchain – was led by Dragonfly, with participation from CMT Digital, Castle Island Ventures and Wintermute Ventures

16:9 WiFi router (USA-Reiseblogger/Pixabay)

Finance

Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton

Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.

Jenny Johnson, Franklin Templeton president and CEO, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Finance

Partior, Blockchain Payment Network Backed by JPMorgan and DBS, Raises $60M Series B

The investment was led by Peak XV Partners with contributions from Valor Capital Group and Jump Trading Group.

(Shutterstock)

Finance

Peter Thiel's Founders Fund Leads $85M Seed Investment Into Open-Source AI Platform Sentient

The project aims to address concerns about the proliferation of AI whereby the underlying code is concentrated in the hands of a few superpowers like Google or Meta.

Rachel Sun/CoinDesk

Finance

Web3 Cybersecurity Company GoPlus Raises $10M to Build Permissionless Security Layer

The round counts OKX Ventures, HashKey Capital and Animoca Brands among its backers

16:9 Security (LEEROY Agency/Pixabay)

Finance

Bitcoin Staking Project Babylon Raises $70M Led by Paradigm

The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Tech

Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain

Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.

Fantom Foundation CEO Michael Kong (Fantom)

Finance

Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket

The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding well over $70 million.

Polymarket CEO Shayne Coplan (Polymarket)