Venture Capital

PayPal Ventures Leads $52M Round for Crypto Firm Magic
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.

Crypto Infrastructure Firm Anoma Foundation Raises $25M
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.

Venture Capital Firm Tribe Capital Targets $100M for Latest Crypto Fund: Sources
Tribe plans to make early-stage investments of $500,000-$3 million in layer 1 and 2 ecosystems, DeFi projects and infrastructure plays to bring real-world assets on chain.

Web3 Payments Firm Transak Raises $20M
The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led by Blockchain Capital
Other investors in the Series C round included a16z, Bain Capital Crypto and Distributed Global.

Dispersion Capital Opens $40M Fund for Web3 Infrastructure
The fund was founded by Patrick Chang, an active angel investor in the crypto industry.

LabDAO Raises $3.6M to Decentralize Drug Discovery
The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.

Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets
The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.

Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
The pre-seed funding extension was led by Superscrypt; Polygon was a prior investor.

Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center
Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the funding round.

