Venture Capital

Digital Currency Group and Node Capital Lead $5M Fundraise for Blockchain Security Firm dWallet Labs
The investment will help build projects on Odsy Network, a new layer 1 blockchain focused on decentralized wallet access.

Crypto Investment Firm CoinFund Launches $300M Venture Fund For Web3 Development
CoinFund, a crypto-specific investment firm, inaugurated a $300 million venture capital fund to back early-stage blockchain projects including layer 1 blockchains, Web3 infrastructure, non-fungible tokens (NFTs), gaming, and asset management. “The Hash” panel discusses the latest sign of investor confidence amid a sour mood in the markets.

Crypto Investing Giant Paradigm Leads $20M Round for Fractional NFT Protocol
Fractional, which allows for collective non-fungible token ownership, is rebranding as Tessera.

Bill Ackman Among Investors as Venture Capital Crypto Firm Shima Capital Raises $200M Fund
The Web3-focused firm, founded by Wall Street veteran Yida Gao, is also backed by crypto heavyweights Dragonfly and Animoca.

Crypto Investment Firm CoinFund Launches $300M Web3 Fund
Sectors of interest for the early-stage fund include layer 1 blockchains, gaming and NFTs.

Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital
The fund has over $400 million in assets under management, according to Bloomberg.

Blockchain Payments Platform Ansible Labs Raises $7M in Seed Funding Round
The startup was founded by two former Visa workers.

DEX Protocol Injective Raises $40M From Jump Crypto, Brevan Howard Unit
The project will use the funds to boost the utility of the INJ Token.

Bain Capital Leads $12M Round for Scalable Blockchain Developer RISC Zero
The startup uses zero-knowledge proofs to create a developer-friendly blockchain.

Greylock, Pantera Led $18M Round for NFT Infrastructure Provider Pinata
Silicon Valley investment giant Greylock also backed Pinata’s $3.5 million seed round last year.

