The funding round values the company at $20 million.
Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI
Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or censorship.
ClearToken Raises $10M From Institutional Investors Including Nomura’s Laser Digital
The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval.
Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange
Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk of hacks.
A16z Backs Web3 Consumer App Setter in $5M Seed Round
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.”
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.
Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding
The fundraising was led by Blockchange Ventures, with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures.
‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam
The list comes out as part of Australia’s 2022 Scams Awareness Week.
BSC’s Impossible Finance raises $7M for multi-chain DeFi incubator
DeFi protocol Impossible Finance is building a multi-chain incubator to expand out from BSC.
Crypto Miner Company CoinMine Scores $2.5 Million in Seed Round
The round was led by M13 Ventures, Republic Labs, Gumi Crypto and an early Uber investor Shervin Pishevar.
Multicoin, Intel Capital Invest $3.5 Million in Startup Demystifying Blockchain Data
Multicoin Capital and Intel Capital have led a $3.6 million seed round for blockchain API startup, dfuse.
Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative
A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.
500 Startups Backs $500k Seed Round for Stablecoin Project
Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin.