Venture Investments | ForkLog

ForkLog 5 23.07.2024

Binance Labs Invests in Telegram Game Publisher Catizen

The venture arm of the largest cryptocurrency exchange, Binance, has invested in Pluto Studio, the publisher of the mini-game Catizen for Telegram. The amount of the investment remains undisclosed. Previously, the developers raised a total of $6.2 million in investments ($2.2 million in a seed round and $4 million in a strategic round, with participation […]

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ForkLog 8 16.07.2024

The Open Platform Invests in Catizen Game Developer

The Open Platform (TOP) announced strategic investments in Pluto, the studio behind the Telegram mini-game Catizen.

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ForkLog 8 16.07.2024

Vitalik Buterin Criticizes Insufficient Investment in Web3 Infrastructure

Investors are channeling funds into certain types of infrastructure while neglecting others, making it inaccurate to speak of “large capital flows” into this sector. This was stated by Ethereum co-founder Vitalik Buterin on Warpcast. “In reality, it looks like this: people want to invest in ‘casinos’. But they also want to feel good about it. […]

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ForkLog 10 04.07.2024

Crypto Startups Attract $3.2 Billion in Q2 Investments

In the second quarter, the crypto industry secured $3.2 billion in venture capital, marking a 28% increase from the previous period’s $2.5 billion. This is according to a report by Galaxy Digital. Source: Galaxy Digital. The number of deals slightly decreased from 603 to 577, a 4% drop, but their median value rose from $3 […]

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ForkLog 6 21.06.2024

Pantera Capital Seeks Funds for Second Investment in TON

American venture fund Pantera Capital is raising funds for another investment in The Open Network (TON), according to The Block. The publication reports that the initiative involves a new fund, Pantera TON Investment Opportunity, aimed at attracting capital to acquire more tokens. Journalists cite an email from Pantera Capital, which potential sponsors received earlier this […]

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ForkLog 6 17.06.2024

Crypto Startups Surpass $100 Billion in Funding

Since late May 2014, cryptocurrency startups have attracted $101.4 billion, according to data from DeFi Llama. Data: DeFi Llama. For comparison, by the end of May 2014, the figure stood at $17.1 million. At that time, five years had passed since the creation of Bitcoin and one year since the launch of Ethereum. A decade […]

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ForkLog 12 13.06.2024

Binance Forms Alliance to Support Web3 Startups

The BNB Chain ecosystem and Binance Labs have launched the BNB Incubation Alliance, aimed at supporting early-stage Web3 projects. Promising projects will be selected for incubation through a series of global events, organized in collaboration with leading venture funds and developer communities. Applications will be reviewed during events such as: EthCC 2024 in Belgium (July); […]

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ForkLog 19 11.06.2024

Tether to Invest Over $1 Billion in Startups Over the Next Year

Tether, the issuer of USDT, plans to allocate more than $1 billion to distribute among startups from “hundreds of venture proposals,” CEO Paolo Ardoino revealed in an interview with Bloomberg. According to the executive, the firm is focused on alternative financial infrastructure for emerging markets, artificial intelligence, and biotechnology. Over the past two years, Tether […]

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ForkLog 17 11.06.2024

Parisian AI Startup Mistral AI Secures €600 Million

Mistral AI has secured €600 million ($640 million) in equity and debt financing, valuing the company at $6 billion, according to TechCrunch. The Series B funding round was led by General Catalys with participation from Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investment Corporation, Salesforce Venture, among others. According to the Financial Times, Mistral […]

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ForkLog 8 27.05.2024

Bloomberg Reports Surge in Crypto Fund Launches

From January to March, 25 venture and hedge funds focused on cryptocurrency emerged in the market, marking the highest number since the second quarter of 2021. This was reported by Bloomberg, citing data from Crypto Fund Research. In 2024, the number of new funds and organizations nearly doubled the number of closures. During the bearish […]

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ForkLog 12 24.05.2024

Scale AI Secures $1 Billion in Series F Funding, Valued at $13.8 Billion

Scale AI has successfully closed a Series F funding round, raising $1 billion. Investors have valued the AI startup at $13.8 billion. Today, we’re announcing that Scale has closed a $1B financing transaction at a $13.8B valuation, led by @Accel. Read the full announcement: https://t.co/2lpLTHxjBp pic.twitter.com/zzGUusrUit — Scale AI (@scale_AI) May 21, 2024 The round […]

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ForkLog 35 22.05.2024

UXLINK Secures $5 Million from SevenX Ventures, INCE Capital, and HashKey Capital

The social Web3 platform UXLINK has raised $5 million from SevenX Ventures, INCE Capital, HashKey Capital, and other investors, according to a press release. In March, the project secured $9 million from OKX Ventures, Manifold, Web3Port, UOB Ventures, Comma3, Cypher Capital, Kucoin Labs, Gate Labs, Forgame (0484.HK), ECV, and 7UPDAO. “With the latest funding round, […]

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