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Venture Capital
Microsoft’s M12 Leads $20M Strategic Funding for Blockchain Data Platform
Set to launch later this year, decentralized data platform Space and Time will integrate with Microsoft Azure.

London-Based Asset Manager Fasanara Capital Establishes $350M Crypto VC Fund
Fasanara Capital's $350 million VC fund will invest in fintech and web3 companies.

FTX Ventures, DCG Back $9.6M Funding for Decentralized Database Solution Kwil
The community-owned platform could make it easier for Web2 developers to move into Web3.

Alameda Research, Jump Crypto Lead $37M Funding for 3Commas Automated Crypto Trading Platform
The CEO of crypto custodian Copper also led the round for the trading bot-driven ecosystem.

How Token Management Platform Magna Raised $15M Amid Crypto Winter
Token management platform Magna closed a $15 million seed round at a $70 million valuation led by venture capital firms Tiger Global and Tusk Venture Partners. Magna co-founder Bruno Faviero joins “First Mover” to discuss how he plans to use the funding during a crypto winter.

Blockchain Startup Hyperlane Raises $18.5M Round Led by Crypto Investor Variant
The platform helps developers connect applications across blockchains.

Framework Ventures Leads $24M Round for Web3 Security Platform Immunefi
Immunefi focuses on bug bounties for crypto projects.

Binance’s Crypto Keys; What’s After the Merge?
Binance’s $7.5 billion executive sees promise in bear markets. Yi He, head of venture capital at the world’s biggest cryptocurrency exchange Binance, sees infrastructure, apps and support systems as the three keys to blockchain investment. Plus, what’s next after Ethereum’s Merge?

A16z Leads $51.5M Round for Web3 Fraud Protection Startup Sardine
Sardine customers include FTX and Blockchain.com.

African Crypto Exchange Yellow Card Closes $40M Series B
Polychain Capital led the funding round, which comes less than a year after the Series A.
