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Venture Capital
DEX Protocol Injective Raises $40M From Jump Crypto, Brevan Howard Unit
The project will use the funds to boost the utility of the INJ Token.

Bain Capital Leads $12M Round for Scalable Blockchain Developer RISC Zero
The startup uses zero-knowledge proofs to create a developer-friendly blockchain.

Greylock, Pantera Led $18M Round for NFT Infrastructure Provider Pinata
Silicon Valley investment giant Greylock also backed Pinata’s $3.5 million seed round last year.

Andreessen Horowitz Leads $20M Funding Round for CreatorDAO
Paris Hilton and musicians The Chainsmokers also invested in the project.

Blockchain Analytics Platform Merkle Science Raises $19M to Take on Bridge Exploits
The threat detection company added funding to its Series A round, which now totals more than $24 million.

Cashmere Raises $3M at $30M Valuation to Build Solana Enterprise Wallet
Investors in the seed funding round included Coinbase Ventures, FBG Capital and YCombinator.

Nomad, Slope Hacks Create New Annoyance for Their Shared Backer Circle Internet Financial
The venture-capital arm of the USDC stablecoin-issuer gave money to Nomad and Slope, which were both exploited this week.

Lattice Capital Raises $60M for Second Crypto Fund
The early-stage focused fund is three times larger than the inaugural fund last year.

Cosmos-Based Liquid Staking Protocol Stride Raises $6.7M
The funding round was co-led by North Island VC, Distributed Global and Pantera Capital.

Web3 Development Remains Strong Despite Crypto Downturn: Report
Venture capital firm Telstra Ventures measured developer activity across the Ethereum, Solana and Bitcoin blockchains.
