Venture Investments | ForkLog

ForkLog 12 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 14 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 50 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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ForkLog 28 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 50 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 31 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 33 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 21 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 42 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 10 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 360 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 24 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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