Venture Investments | ForkLog

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 […]

AI translated

ForkLog 47 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, […]

AI translated

ForkLog 26 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 […]

AI translated

ForkLog 47 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. […]

AI translated

ForkLog 27 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 […]

AI translated

ForkLog 32 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 […]

AI translated

ForkLog 18 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.

AI translated

ForkLog 41 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 […]

AI translated

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% […]

AI translated

ForkLog 304 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 […]

AI translated

ForkLog 21 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 […]

AI translated

ForkLog 21 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, […]

AI translated

#Venture Investments