Funding


Tech

Polygon Co-Founder Launches Web3 Fellowship Program

Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year.

Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)

Finance

Crypto Wallet Giddy Raises $6.9M in Funding to Further Self-Custody Adoption

Fortnite co-creator Geremy Mustard took part as a strategic investor in the round.

Giddy's founding team from left to right: David Bland, Adam Olsen, Eric Parker, David Hurst, Ethan Parker, Brendan Wanlass (Giddy)

Finance

Crypto Storage Provider Zodia Custody Raises $36M From SBI Holdings, Standard Chartered

The firm will use the funds to increase its token coverage and enhance its settlement product, Interchange.

Standard Chartered (Shutterstock)

Finance

Cata Labs Raises $4.2M to Develop 'Bridging' Software

The round was led by Spartan Group and included participation from Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.

(Shubham Dhage/Unsplash)

Finance

DeFi Protocol iZUMi Finance Raises $22M

The fundraising round involved issuing semi-fungible tokens.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Finance

DeFi Protocol DFlow Raises $5.5M to Bring Payment for Order Flow to Crypto

The project would bring a controversial practice in the equities market into the world of decentralized finance.

Lending money handing over paying cash (Shutterstock)

Finance

Alchemy’s Venture Arm Wants to Align With 'Web3 Missionaries, Not Mercenaries’

The investment arm of the Web3 infrastructure giant, last valued at $10 billion, continues to find new ways to back early-stage founders.

Paul Almasi, head of Alchemy Ventures (Alchemy Ventures)

Finance

DeFi Protocol Thetanuts Finance Raises $17M for Expansion, New Partnerships

The startup offers multi-chain structured financial products with plans for a buy-side altcoin options market.

(Pixabay)

Web3

Web3 Security Startup Shield Raises $2.1M in Pre-Seed Funding

The company, a member of a16z’s Crypto Startup School, aims to create a security standard across Web3 projects through its API, Discord Bot and certification program.

Co-founders of Shield (left to right) Emmanuel Udotong, Luis Carchi and Isaiah Udotong (Shield)

Web3

Gaming Tech Company Razer Introduces Web3 Venture Fund

The fund, called zVentures Web3 Incubator, will leverage its expertise to grow early-stage projects building blockchain-based gaming infrastructure.

(Razer)