Venture Capital

Crypto Firms Raised $129M Last Week, Led by Flashbots
The startup, focused on maximal extractable value (MEV) in blockchain transactions, raised $60 million in funding.

Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ
The vaunted VC firm told investors earlier in the year it would shrink the fund to reflect a changed market.

Paradigm Moves $3.5M in MakerDAO's MKR Tokens Following Peer a16z's Maneuver
Fellow venture capital firm a16z over the past week transferred $7 million of its MKR holdings to crypto exchange Coinbase.

Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Venture capital heavyweight Andreessen Horowitz (a16z) is selling a part of its investment in crypto lender MakerDAO's MKR governance tokens as the price of coins soared to a near one-year high, blockchain data shows. "The Hash" panel discusses the implications for Maker’s ecosystem.

Crypto Startups Raised $201.4M in Venture Funding Last Week, Led by Infrastructure
The largest fundraises for the week belonged to metaverse startup Futureverse and RISC Zero, which creates developer tools for zero-knowledge proofs.

Web3 VC Shima Capital Didn’t Slow Strategy for Crypto Winter
The investor in early-stage crypto companies has remained one of the most active investors in the space despite a bear market and the collapses of FTX and three banks.

Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto
The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture the Valley's wallets and minds.

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.

Salesforce Leads $6M Round for AI-Backed Web3 Data Platform Mnemonic
The startup provides actionable non-fungible token (NFT) data for enterprises and developers.

StepStone VC Raises $97M for Two Blockchain Funds
SEC filings show pooled investment figures for the two private equity funds.

