Japanese Web3 developer HashPort Group raises $8.5M in funding round
The funds will be used to aid the firm's global expansion across tough regulatory landscapes.
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Crypto VC funding tumbles as economic uncertainty scares off investors
June rejected the three-month trend of rising venture capital investment into crypto, though that’s not necessarily a bearish signal.
Execs remain positive on long-term prospects amid VC funding downturn
Outlier Ventures exec Gvantsa Chkuaseli said there are reasons to stay optimistic, and challenging conditions haven’t stamped out interest.
Inflection AI raises $1.3B in funding led by Microsoft and NVIDIA
The company has raised $1.525 billion in funding since its inception last year.
AI startup by ex-Meta and Google researchers raises $113M in seed funding
The company is on a hiring spree and on the lookout for researchers, software engineers and product developers in AI.
Web3 developer Magic raises $52M in funding led by PayPal Ventures
The company has raised $80 million for wallet development since its inception in 2020.
OpenAI CEO in ‘advanced talks’ for $100M Worldcoin funding: Report
“Existing and new investors” will contribute to the $100 million, according to someone familiar with the situation.
Tencent-backed Everledger collapses amid lack of funding: Report
Everledger was quietly placed into insolvency after it didn’t manage to materialize its planned funding round from an undisclosed investor.
Quadratic funding: The future of crowdfunding, explained
Quadratic funding is a new approach to crowdfunding that incentivizes smaller contributions and promotes the funding of diverse, high-quality projects.
VC funding into Web3 start-ups down 82% year-over-year: Crunchbase
Crunchbase noted that while it has been a bearish start for Web3 start-up funding in 2023, “venture funding is down in almost every sector.”