Setter aims to address “the complexity and unfriendliness of current wallet technologies,” making entry into Web3 a seamless experience for more users.
Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round
Taproot Wizards, which describes itself as “magic internet JPEGs”, offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: “magic internet money.”
Artificial Intelligence Platform Ritual Looks to ‘Decentralize Access to AI’ With $25M Backing
Ritual’s aim is to open access to the infrastructure that lies behind AI innovation, which at present “lies in the hands of a few powerful companies.”
Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO
Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.
Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders
Llama aims to make governance of blockchain protocols more effective by enabling protocols to encode roles and permissions to take on-chain actions.
Crypto Venture Funds Variant, 1kx Lead $6M Funding Round for ZK-Meets-AI Startup Modulus
The funding will be used for the company’s ambitions in zero-knowledge machine learning, combining aspects of zero-knowledge cryptography with artificial intelligence or AI.
Bain Capital, Polychain, Lead $6M Funding Round For Privacy Protocol Firm Nocturne Labs
Other investors included Ethereum co-founder Vitalik Buterin, Bankless Ventures and HackVC.
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry’s ‘Never-Ending’ Challenges
The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security challenges.
Pantera, Susquehanna and HashKey Back DEX SynFutures With $22M Funding
The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital.
Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo
The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform.
Blockchain-Harnessing AI Project Jada Receives $25M in Capital
The project’s aim is to offer AI services that aid decision-making for organizations and scale up their operations.
Dinari Raises $7.5M for Decentralized Stock Trading Platform
Backers for the dShares platform, which will be available ex-US, included a Susquehanna subsidiary.
Brevan Howard Backs Crypto Infrastructure Startup Puffer in $5.5M Round
The seed round for the liquid staking startup was co-led by Lemniscap and Lightspeed Faction.
Binance’s VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange
Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass.
Metaverse Project Futureverse’s Co-Founders Start $50M Venture Fund
The Born Ready venture studio will invest in early stage Web3 and metaverse projects.
Nomura Backs $6M Round for On-Chain Fund Platform Solv Protocol
The Singapore-based startup offers an on-chain fund platform that allows institutions and venture capitalists to create, use and sell financial products.
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.
Crypto Firm Flashbots Raises $60M in Paradigm-Led Round
The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).
Binance Labs Invests $10M in DeFi Lender Radiant, RDNT Jumps 10%
The protocol was built on the architecture of LayerZero, which raised $120 million at a $3 billion valuation earlier this year.
Polychain Capital Co-Leads $25M Fundraise for Manta Network Developer
The cryptographic development project, p0x, received a valuation of $500 million.