VC
Tether Buys $200M Majority Stake in Brain-Computer Interface Company Blackrock Neurotech
The investment will fund the roll-out and commercialization of the company's medical devices.

Galaxy Plans to Raise $100M for Crypto Venture Fund
Galaxy's prolific venture wing plans to start accepting – and investing – outside capital.

Institutional Crypto Wallet Provider Utila Raises $11.5M, Aims to Facilitate Tokenization Boom
Utila's self-custodial wallet offers a simplified user interface, fast onboarding process and recently added enhanced tokenization capabilities to better serve token issuers, co-founder and CEO Bentzi Rabi said in an interview.

Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”

Digital Asset Brokerage Firm Nonco Raises $10M Seed Funding Led by Valor Capital, Hack VC
The firm says it has already seen $6 billion in volume in Americas since its debut in April.

Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.

Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google
Fileverse offers a decentralized file management and collaboration service, an alternative to centralized providers such as Google or Notion.

Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund
Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology.

VC Firm CoinFund's Managing Partner Seeing 'Significant' Activity Around AI and Web3
Recent PitchBook data shows crypto companies worldwide raised $5 billion dollars in the first half of the year, down almost 75% from a year ago. CoinFund managing partner David Pakman shares insights into the state of crypto VC funding and what sectors are seeing a significant amount of activity.

VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.

