Funding Rounds


Finance

A16z Backs Web3 Consumer App Setter in $5M Seed Round

Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a more seamless experience for more users.

Setter app (Setter)

Finance

Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round

Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: "magic internet money."

TaprootWizards.com NFT (ordinals.com)

Finance

Artificial Intelligence Platform Ritual Looks to 'Decentralize Access to AI' With $25M Backing

Ritual's aim is to open access to the infrastructure that lies behind AI innovation, which it claims at present "lies in the hands of a few powerful companies."

Ritual co-founder Niraj Pant (Ritual)

Finance

Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO

Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.

two fingers adding a coin to one pile of coins among many

Finance

Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders

The firm aims to allow blockchain governance protocols to encode role-based functionality.

Llama co-founders Austin Green and Shreyas Hariharan (Llama)

Tech

Crypto Venture Funds Variant, 1kx Lead $6M Funding Round for ZK-Meets-AI Startup Modulus

The funding will be used for the company’s ambitions in zero-knowledge machine learning, combining aspects of zero-knowledge cryptography with artificial intelligence or AI.

Treasure chest (Ashin K Suresh/Unsplash, modified by CoinDesk)

Tech

Bain Capital Crypto, Polychain Lead $6M Funding Round For Privacy Protocol Firm Nocturne Labs

Other investors included Ethereum co-founder Vitalik Buterin, Bankless Ventures and HackVC.

Treasure chest (Ashin K Suresh/Unsplash, modified by CoinDesk)

Finance

Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges

Blockaid claims to have scanned 450 million transactions, thwarted 1.2 million malicious transactions and safeguarded $500 million in user funds in the last three months .

CEO Ido Ben-Natan and CTO Raz Niv

Finance

Pantera, Susquehanna and HashKey Back DEX SynFutures With $22M Funding

The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital

(Shutterstock)

Finance

Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo

The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform.

Lending money handing over paying cash (Shutterstock)