Venture Investments | ForkLog

ForkLog 16 22.05.2024

Blockchain Social Network Farcaster Secures $150 Million

The blockchain-based social network project Farcaster has secured $150 million in funding, led by Paradigm. Excited to share the news about our recent fundraise! pic.twitter.com/KJxuPJrtqg — Dan Romero (@dwr) May 21, 2024 The funding round included participation from Andreessen Horowitz (a16z), Haun, USV, Variant, Standard Crypto, and several other firms. Farcaster co-founder Dan Romero stated […]

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ForkLog 29 15.05.2024

Lido Founders Secretly Back EigenLayer Rival

The co-founders of the DeFi platform Lido are covertly financing a competitor to the rapidly popular liquid restaking protocol EigenLayer, according to CoinDesk, citing its own sources. Konstantin Lomashuk and Vasiliy Shapovalov have supported a project named Symbiotic through their venture firm Cyber Fund. Paradigm, a major investor in Lido, also participated in the funding. […]

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ForkLog 21 10.05.2024

Pantera Capital’s Record Investment in TON

The American venture fund Pantera Capital announced that it has invested a record sum for the company in TON. The exact amount of the investment remains undisclosed. However, several assumptions can be made: The fund has financed (albeit jointly) many industry heavyweights like Bakkt, Bitso, and Alchemy, which have previously raised between $250 million and […]

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ForkLog 26 26.04.2024

Pantera Capital Seeks $1 Billion for New Crypto Fund

Digital asset manager Pantera Capital is aiming to raise $1 billion for its new cryptocurrency fund, Pantera Fund V, according to sources cited by Bloomberg. Pantera Fund V will become the company’s second “universal” structure, investing in startup equity, early-stage tokens, liquid tokens, and other assets. The launch is scheduled for April. The minimum participation […]

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ForkLog 12 16.04.2024

Andreessen Horowitz Secures $7.2 Billion in Investments

The venture firm Andreessen Horowitz (a16z), known for its crypto-friendly stance, has raised $7.2 billion in investments, reports Bloomberg.

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ForkLog 33 09.04.2024

Monad Labs Secures $225 Million to Challenge Solana and Ethereum

Monad Labs has successfully closed a $225 million funding round to develop a competitor to Solana and Ethereum, as reported by Fortune. Paradigm led the investment, with participation from Electric Capital and Greenoaks. In February, the project attracted $19 million from Dragonfly Capital, Placeholder Capital, Lemniscap, Shima Capital, and several angel investors. Monad’s founder, Keone […]

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ForkLog 7 05.04.2024

Crypto Startup Investments Surge by 38% in Q1 2024

In the first quarter of 2024, venture investments in the crypto industry reached $2 billion, breaking a two-year downward trend, according to Crypto Koryo. ? Long-term Trend ? Both total investments and number of investments have increased compared to last quarter. Compared to last quarter, there was a 38% increase in amount invested and 49% […]

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ForkLog 157 03.04.2024

Yi He: The Influential Force Behind Binance

In a move to comply with regulatory requirements, cryptocurrency exchange Binance has disclosed the composition of its board of directors. The board includes the platform’s CEO Richard Teng and three top executives: Heina (Guanying) Chen, Jingkai (Rock) He, and Lilai Wang. External board members are Gabriel Abed, former ambassador of Barbados to the UAE, Arnaud […]

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ForkLog 13 01.04.2024

Farcaster Developer Valued at $1 Billion, Reports Say

The startup Merkle Manufactory, associated with the DeSoc application Farcaster, has been valued at $1 billion following an investment round led by Paradigm, according to sources cited by Bloomberg. Based in Los Angeles, Merkle Manufactory was founded in 2020 by two former Coinbase executives—Varun Srinivasan, a former senior director, and Dan Romero, a former vice […]

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ForkLog 15 28.03.2024

Amazon Commits $2.75 Billion to Anthropic in AI Investment

Amazon has announced a new investment of $2.75 billion in the AI startup Anthropic. This brings the tech giant’s total investment to $4 billion, fulfilling a promise made in September 2023. According to a press release, the collaboration between the companies to implement generative AI for clients worldwide is just beginning. Under the partnership agreement, […]

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ForkLog 16 20.03.2024

Saudi Arabia to Invest $40 Billion in Artificial Intelligence

Saudi Arabia is set to establish a fund to invest $40 billion in artificial intelligence technologies, according to The New York Times, citing sources. The newspaper reports that representatives of the Public Investment Fund have discussed potential partnerships with Andreessen Horowitz, a leading venture firm in Silicon Valley. According to the NYT, the agreement would […]

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ForkLog 12 19.03.2024

Web3 Startup UXLINK Secures $9 Million from OKX Ventures and Others

The social Web3 platform UXLINK has raised over $9 million in investments from OKX Ventures, Manifold, Web3Port, UOB Ventures, Comma3, Cypher Capital, Kucoin Labs, Gate Labs, Forgame (0484.HK), ECV, and 7UPDAO, as reported by the startup’s representatives to ForkLog. OKX Ventures Led an Investment in UXLink, A Web3 Social Platform and Infrastructure Providerhttps://t.co/2sVrLJJdsT@UXLINKofficial pic.twitter.com/CZIv3Hf9na — […]

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