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Web3 Metaverse Company Hadean Raises $30 Million in Series A Funding Round Backed by Epic Games and Tencent

Hadean, a company using computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that invested were gaming giant…

Continue ReadingWeb3 Metaverse Company Hadean Raises $30 Million in Series A Funding Round Backed by Epic Games and Tencent

Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round

Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year…

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Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021

While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by…

Continue ReadingReport Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021

Digital Identity Startup Unstoppable Domains Secures $65 Million in a Series A Led by Pantera Capital

On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest…

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Twitch co-founder raises $24M for Web3 gaming firm Metatheory

The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slated for late 2022.

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Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability

Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures,…

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Ethereum Web3 Wallet Rainbow Raises $18 Million From Alexis Ohanian’s Seven Seven Six

The team behind the Ethereum wallet Rainbow announced the project has raised $18 million in a Series A funding round led by Alexis Ohanian’s venture capital firm Seven Seven Six.…

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Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last…

Continue ReadingWeb3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise