Venture Capital


Finance

Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google

Fileverse offers a decentralized file management and collaboration service, an alternative to centralized providers such as Google or Notion.

(Fileverse)

Finance

Tokenized RWA Platform Untangled Goes Live, Gets $13.5M Funding to Bring Private Credit On-Chain

London-based asset manager Fasanara Capital led the investment round and has opened two private tokenized credit pools on the platform.

Untangled Finance raises $13.5M (Untangled Finance)

Videos

Crypto VC Funding Down 33% in Worst Quarter Since 2020: DefiLlama

Crypto companies and DeFi projects just closed their worst quarter since 2020, with the sector securing just over $1 billion in venture capital as the chill of crypto winter drags on. DefiLlama data suggests the amount of venture funding dried up by 77% year-over-year from September 2022, when the industry bagged $1.5 billion. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Web3

CMCC Global Raises $100M for Hong Kong-Based Blockchain Companies

The lead investor in the fund was B1, which committed $50 million, alongside Richard Li’s Pacific Century Group, Tyler and Cameron Winklevoss’ firm and Animoca Brands founder Yat Siu.

CMCC Global Managing Partners Shiau Sin Yen, Martin Baumann and Charlie Morris (CMCC Global)

Markets

Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund

Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology.

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

Finance

Crypto VC Firm Blockchain Capital Raises $580M for 2 New Funds

Most of the firm's limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth funds and U.S. pension plans

Blockchain Capital Co-Founders Bart Stephens and Brad Stephens (Blockchain Capital)

Finance

Dunhill Family Office Makes Bear Market Bet on Crypto

The family office is investing through its Dunhill Ventures subsidiary into Lichtenstein-regulated VC firm Mocha Ventures.

(Unsplash)

Finance

Pantera Capital Leads $16.5M Investment in ZK-Powered DEX Brine Fi at $100M Valuation

The investment comes at a time when crypto venture capital has mostly dried up and trading volumes have plunged.

Brine Fi founders from left to right: Shaaran Lakshminarayanan, Ritumbhara Bhatnagar and Bhavesh Praveen (Brine Fi)

Finance

Maple Finance Eyes Asian Expansion With $5M Investment, Returns to Solana

The protocol’s focus on growth in Asia-Pacific showcases the region’s increasing importance in the crypto industry.

Sidney Powell, CEO of Maple (left) at Consensus 2023 (Shutterstock/CoinDesk)

Markets

Ex-Meta Engineer’s Layer-1 Blockchain Linera Raises $6M in New Funding

The layer-1 blockchain’s initial seed funding round was led by a16z crypto and has now raised $12 million in total.

(Mufid Majnun/Unsplash)