Polygon has raised $450 million in a private sale of the native token, MATIC.Sequoia Capital, SoftBank, Tiger Global, Republic Capital, and Galaxy Digital are...
Investors poured $3.5 billion into 113 startup companies in October 2022, especially new battery technology, AI hardware, and faster memory access.
Battery technology dominated the...
WalletConnect, a web3 infrastructure startup that connects crypto wallets with DeFi applications, has raised $11 million in a Series A funding round co-led by Union Square Ventures and 1kx. In addition to Union Square Ventures and 1kx, other venture capital firms to participate in the round included Coinbase Ventures, Buckley Ventures, Zerion. Prominent angel investors were also there such as Alex Svanevik, Eric Conner, Vadim Koleoshkin, Arjun Bhuptani, Joel Thorstensson, Matias Woloski, Scott Moore, Spencer Yang, Han Hua, Jin Chung, Mike Demarais, Christian Baroni, Bruno Barbieri, Alexander Salnikov, Viktor Bunin, Mara Schmiedt, Wayne Chang, Gregory Rocco, Anna Rose, Ajit Tripathi and Alex Harley. The Series A round brings WalletConnect’s total valuation to $12.25 million. The company previously raised $1.25 million in a seed round led by 1kx in April 2021. We are happy to announce that we have raised 11M to build out the messaging layer for Web3 🚀https://t.co/MXVnX5K2nj — WalletConnect 📲 (@WalletConnect) March 8, 2022 WalletConnect is in the process of developing a multi-protocol messaging network that will allow WalletConnect wallets to message each other. The company is also working on building a push notifications protocol from apps for both on-chain and off-chain events. Founded in 2018, WalletConnect has integrations with over 100 wallets and more than 200 applications, including Twitter.
$20B in new funding across the nation; here's a look at the top rounds. Everything you need to need to know about the largest US startup funding rounds of February 2022; broken down by industry, stage, investors, and more…
Facebook founder Mark Zuckerberg’s ambitious program to create his own cryptocurrency is falling apart amid rising tension from regulators. According to a Bloomberg report released Wednesday, the Diem Association, which manages the expansion of the Diem digital currency, is contemplating a sale of its assets to return money to its investors. The report adds Diem