Venture Capital


Consensus Magazine

Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto

The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture the Valley's wallets and minds.

Andreessen Horowitz's Chris Dixon during TechCrunch Disrupt San Francisco 2019. (Steve Jennings/Getty Images for TechCrunch)

Finance

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures

Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.

(Pixabay)

Finance

Salesforce Leads $6M Round for AI-Backed Web3 Data Platform Mnemonic

The startup provides actionable non-fungible token (NFT) data for enterprises and developers.

Mnemonic co-founders Andrii Yasinetsky and Elena Ikonomovska (Mnemonic)

Finance

StepStone VC Raises $97M for Two Blockchain Funds

SEC filings show pooled investment figures for the two private equity funds.

Lending money handing over paying cash (Shutterstock)

Finance

PayPal Ventures Leads $52M Round for Crypto Firm Magic

The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.

(Pixabay)

Finance

Crypto Infrastructure Firm Anoma Foundation Raises $25M

The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Finance

Venture Capital Firm Tribe Capital Targets $100M for Latest Crypto Fund: Sources

Tribe plans to make early-stage investments of $500,000-$3 million in layer 1 and 2 ecosystems, DeFi projects and infrastructure plays to bring real-world assets on chain.

Boris Revsin, Managing Partner of Tribe Capital and manager of the fund (Tribe Capital)

Web3

Web3 Payments Firm Transak Raises $20M

The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.

(Pixabay)

Finance

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led by Blockchain Capital

Other investors in the Series C round included a16z, Bain Capital Crypto and Distributed Global.

Worldcoin co-founders Alex Blania and Sam Altman (Marc Olivier/Worldcoin)

Web3

Dispersion Capital Opens $40M Fund for Web3 Infrastructure

The fund was founded by Patrick Chang, an active angel investor in the crypto industry.

Beldex raises $25 million with a new DWF Labs partnership (Unsplash)