Venture Capital


Finance

Crypto VC Market 'Tepid' as Q3 Investments Declined 20%, Says Galaxy Digital

Scared away by the various crypto collapses in 2022, institutional allocators have yet to make a comeback.

Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)

Finance

VanEck to Invest in Early Stage Ventures Including Crypto With New $30M Fund

The fund, called VanEck Ventures, will invest in companies in the fintech, digital asset or artificial intelligence space that are in pre-seed and seed stages.

VanEck is expanding its venture capital presence with the launch of a new $30 million fund. (Unplash/Matias Malka)

Finance

Dragonfly Capital Aims to Raise $500M Fund: Bloomberg

Dragonfly closed its third fund, worth $650 million, in April 2022, shortly before the onset of the crypto bear market.

Haseeb Qureshi, managing partner at Dragonfly, and Illia Polosukhin, co-founder of NEAR protocol (Shutterstock/CoinDesk)

Finance

A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation

Unlike industry leader Polymarket, Limitless isn't focusing on the election. It's carving out a niche with bets that expire quickly and with user-created markets.

Like a horse track, Limitless Network wants bettors to come back daily. (Bob Riha, Jr./Getty Images)

Finance

TON Crypto Ecosystem Gets Its Own Venture Fund to Invest $40M in Consumer Apps

The TON ecosystem has seen explosive growth lately with web3 games such as Hamster Kombat attracting many millions of users.

(TON Ventures)

Finance

Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund

The new fund will target early stage opportunities in AI, blockchain technology, chips and data.

Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)

Tech

The Protocol: Side-Dealing Accusations Put Crypto VC Funding in Spotlight

In this week's blockchain tech newsletter, we're highlighting the firm Polychain's accusation against a former general partner over an alleged ethics breach, along with Ethereum co-founder Vitalik Buterin's speech in Brussels and Bitcoin's Saxony problem.

(Alexander Lunyov/Unsplash)

Tech

Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company

Polychain says Niraj Pant broke the fund's policies by secretly accepting "adviser" tokens from Eclipse.

Ritual co-founder Niraj Pant (Ritual)

Finance

Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm

Auros Ventures aims to make concentrated bets on crypto startups to help them scale with Auros being "power user," Auros co-founder and CIO Ben Roth said in an exclusive interview with CoinDesk.

Julien Auchecorne, the newly appointed head of Auros Ventures (Auros)

Markets

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy

The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

Funding (Gerd Altmann/Pixabay)