Venture Capital


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

Finance

Pantera Crypto Hedge Funds Are Losing Double Digits, Bitcoin Fund Is Up 10,000% to Date

Pantera Capital’s bitcoin fund is vastly outperforming its more exotic crypto-asset fund counterparts.

Pantera Capital CEO Dan Morehead

Finance

Ashton Kutcher and Michelle Phan Invest in Lolli’s $3M Seed Round

Lolli, the bitcoin rewards shopping app, attracted celebrity investors in a $3 million round led by the early-stage arm of Peter Thiel’s Founders Fund.

Michelle Phan

Finance

As Pandemic Decimates Startups, Privacy Industry Holds Strong

As remote work becomes the norm, privacy-focused startups see COVID-19 as an opportunity to expand.

can privacy and security startups survive the financial upheavals of COVID-19? (Credit: Startaê Team/Unsplash)

Finance

Dragonfly Capital Managing Partner Alexander Pack Steps Down

Alexander Pack, managing partner of Dragonfly Capital, has stepped down from the crypto investment firm, according to a letter obtained by CoinDesk.

YAY AREA: Most of the Dragonfly Capital team operates from San Francisco. (Credit: Shutterstock)

Finance

Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage License

Crypto Finance AG's $14.5 million funding round will go toward international expansion and courting institutional investors.

Crypto Finance AG CEO Jan Brzezek. (Credit: Crypto Finance AG)

Tech

Chinese DeFi Platform dForce Raises $1.5M From Multicoin, Huobi Capital

One of China’s largest DeFi platforms has raised $1.5 million from Multicoin Capital, Huobi Capital and CMB International to expand its product lineup.

Multicoin Capital principal Mable Jiang. (Credit: BlockBeats/Odaily)

Finance

VC Firm Andreessen Horowitz Targets $450M for Second Crypto Fund: Report

Sources told the Financial Times that Andreessen Horowitz (a16z) is raising another crypto fund, reportedly targeted at $450 million.

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