Venture Capital


Markets

VC-Backed Crypto Exchange Mexo Launches in Latin America

Mexo, a cryptocurrency exchange designed for the Latin American user, launched on Thursday.

(Alexander Mak/Shutterstock)

Finance

BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars

BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.

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Finance

Electric Capital's New $110M VC Fund Is 90% Institutions

Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital.

Electric Capital co-founders Curtis Spencer (left) and Avichal Garg (Electric Capital)

Finance

Three Arrows, Framework Invest in DeFi Site Aave With $3M LEND Token Sale

Framework Ventures and Three Arrows Capital announced a $3 million investment in Aave, the firm behind the third-largest lending platform in DeFi.

Stani Kulechov, founder and CEO of Aave, speaks at Consensus 2019.

Tech

This a16z Alum Is Launching a VC Fund Focused on Platforms You Can 'Own'

An Andreessen Horowitz (a16z) alum is launching a new venture firm focused on building a crypto-powered "ownership economy."

Prototypes (Halacious/Unsplash)

Finance

Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR

Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR.

HOPR's founding team: Robert Kiel, Sebastian Bürgel and Rik Krieger.

Finance

Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm

Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.

(Shutterstock)

Finance

This Startup Is Forking Compound to Make Hiring More Efficient

Braintrust launched out of stealth mode Wednesday, backed by a $6 million seed round featuring True Ventures, Homebrew Ventures, Uprising Ventures, Galaxy Digital, IDEO CoLab, Kindred Ventures and Vy Capital.

(Shutterstock)

Finance

Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round

Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses.

(Shutterstock)

Markets

Crypto Long & Short: Innovation Cycles, Crypto Venture Funds and Institutional Investors

With so much attention on institutional involvement in crypto asset markets, we overlook they are already here through VC investments – less fast-paced, perhaps, but important to keep an eye on for what they reveal about cycles.

Andreessen Horowitz (a16z) co-founder Marc Andreessen