Venture Capital
Bessemer Commits $250M to Web 3, Launches DAO
The noted venture capital firm is interested in consumer DeFi, infrastructure and other enabling technologies.
Fintech Platform Cake DeFi Creates $100M Venture Capital Arm
The Singapore-based company will invest in Web 3, NFTs and fintech projects.
NFT Platform Immutable Raises $200M at $2.5B Valuation
Singapore state investment giant Temasek led the round of funding, which will be used for global expansion.
Griffin Gaming Partners Raises $750M Fund With Eye on Web 3
The gaming-focused venture capital firm now has more than $1 billion in assets under management.
First Mover Asia: Singapore's Lightbulb Capital Balances the 3 Parts of ESG Investing. Will the DeFi World Care?; Bitcoin, Ether Fall
The crypto world has focused more heavily on environmental issues than the social and governance aspects of different projects; major cryptos were in the red on Sunday as the Russian invasion intensified.
Praxis Raises $15M in Series A Funding Round
The startup is trying to build a city organized around remote work.
Polymer’s $3.6M in Seed Funding Says IBC Is the Future of Crypto
The team plans to make blockchains like Ethereum and Solana more easily compatible with chains built using Cosmos’ Inter-Blockchain Communication protocol.
VC Firm Electric Capital Raises $1B for 2 New Funds Targeting Tokens and Equity Stakes
On Tuesday, Crypto venture capital firm Electric Capital announced that it raised $1 billion to create two new funds: a $400 million venture fund and a $600 million token fund. “The Hash” explains how Electric Capital’s approach, which focuses on token allocation directed toward the community, differs from others in the space.
Electric Capital Raises $1B for 2 New Crypto VC Funds
Long-term investing and public goods will be a focus for the two new funds from what had been a smaller player in the world of crypto VC.
African Crypto Exchange VALR Raises $50M in Series B Led by Pantera Capital
Alameda Research and Coinbase Ventures were also investors in the round, which valued the company at $240 million.
