Venture Capital


Finance

Brazilian Crypto Unicorn 2TM Raises $50M in Series B Round Extension

10T and Tribe Capital were among the latest investors in the new closing of the funding round, which was initially $200 million.

Roberto Dagnoni, 2TM CEO; Reinaldo Rabelo, Mercado Bitcoin CEO; Mauricio Chamati and Gustavo Chamati, 2TM co-founders (2TM)

Finance

Citi Veteran Launches $1.5B Crypto Fund With Algorand as Strategic Partner

The fund includes a play-to-earn gaming arm that will be headed by former Goldman Sachs analyst Sam Peurifoy, known in gaming circles as “Das Kapitalist.”

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Finance

NFT Music Platform Royal Closes $55M Funding Round Led by A16z

Electronic music performers The Chainsmokers and the rapper Nas also provided funding, which comes less than three months after the Justin “3LAU” Blau venture closed a $16 million round.

Justin Blau is launching Royal Markets with some high-profile backers. (Dia Dipasupil/Getty Images for Billboard Magazine)

Finance

ConsenSys Plots Massive Expansion Following $200M Fundraising

“There’s a war for talent going on,” the Ethereum builder’s chief strategy officer said.

Joseph Lubin, a co-founder of Ethereum and the CEO of ConsenSys, speaks at SXSW 2019.

Finance

MakerDAO’s Rune Christensen Joins VC Firm Dragonfly Capital

Christensen is the founder of MakerDAO, which ranks second among DeFI projects with $19.3 billion in total value locked.

MakerDAO CEO Rune Christensen image via CoinDesk archives

Finance

Crypto Venture Firm Paradigm Announces $2.5B Fund, Industry’s Largest

It tops the $2.2 billion fund announced by Andreessen Horowitz in June.

Paradigm co-founder Fred Ehrsam speaks at Token Summit II. (Credit: Brady Dale for CoinDesk)

Finance

Circle Launches Venture Capital Fund for Early Stage Blockchain Projects

The fund, which doesn’t have a predetermined monetary amount, has already deployed initial capital.

Circle was the target of an "email fraud incident" in June, according to new SEC filings.

Finance

Neon Labs Raises $40M to Bring EVM Functionality to Solana

The Ethereum-compatible environment could lead to implementations of popular DeFi protocols on the blockchain.

Neon Labs Director Marina Guryeva (right) speaks at the Breakpoint conference in Lisbon, Portugal. (Danny Nelson/CoinDesk)

Finance

VCs Invested Record $6.5B in Crypto, Blockchain in Q3: CB Insights

Coinbase Ventures was the most active investor in the quarter by far, with 24 deals.

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