Venture Investments | ForkLog

ForkLog 14 23.11.2021

Pokemon Go Developer Raises $300 Million for Metaverse Project

The Niantic team behind Pokemon Go announced a $300 million funding round from Coatue Management. The company's valuation was $9 billion.

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ForkLog 15 23.11.2021

Andreessen Horowitz backs DJ 3LAU’s NFT platform Royal with $55 million Series A

The music NFT platform Royal closed a $55 million Series A round led by venture capital firm Andreessen Horowitz.

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ForkLog 17 23.11.2021

Changpeng Zhao: Binance plans to attract investments from several sovereign funds

The cryptocurrency exchange Binance is in talks to attract investment from several sovereign wealth funds. The chief executive Changpeng Zhao said the move would help counter pressure from government regulators.

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ForkLog 18 23.11.2021

GRIID Mining Company Secures $525 Million Credit Facility from Blockchain.com

The Cincinnati, Ohio-based mining company GRIID opened a $525 million credit line with the cryptocurrency exchange and wallet provider Blockchain.com to expand its cryptocurrency mining operations.

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ForkLog 22 22.11.2021

MoonPay raises $555 million in Series A at a $3.4 billion valuation

The MoonPay crypto-payments infrastructure provider closed a Series A financing round worth $555 million. It was led by Tiger Global Management and Coatue, ForkLog representatives said.

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ForkLog 18 22.11.2021

Animoca Brands’ NFT platform Quidd raises $5m

Quidd, a platform for digital collectibles and a subsidiary of Animoca Brands, has raised a total of $5 million through private and pre-sales, as well as an IDO of the QUIDD token.

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ForkLog 8 19.11.2021

Snapshot Labs raises $4 million to develop DAO solutions

The Snapshot Labs startup attracted $4 million in seed funding to develop solutions for decentralized autonomous organizations.

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ForkLog 10 19.11.2021

Digital Currency Group secures $600 million credit line

The Digital Currency Group (DCG), led by Barry Silbert, secured $600 million in debt financing. Eldridge acted as administrative agent for the credit line.

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ForkLog 42 18.11.2021

Gemini to raise $400 million at a $7.1 billion valuation to compete with Meta

Gemini Space Station, LLC, the parent company of the cryptocurrency exchange Gemini Space Station, LLC, is close to closing its first funding round led by Morgan Creek Digital. Investors will invest $400 million in the company, valuing it at $7.1 billion.

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ForkLog 13 18.11.2021

OpenSea plans a $10 billion valuation following a funding round, reports say.

The NFT marketplace OpenSea is expected to receive a $10 billion valuation following a new funding round. The Information reports, citing sources.

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ForkLog 11 18.11.2021

Paradigm and FTX back a decentralized sports-betting protocol in a $21 million seed round

The team behind BetDEX, positioned as the first decentralized sports-betting protocol, raised $21 million in a seed round led by Paradigm and FTX.

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ForkLog 13 17.11.2021

KuCoin launches $100 million fund to invest in metaverses

The venture arm of the KuCoin cryptocurrency exchange announced the creation of a $100 million fund to finance projects focused on building metaverses.

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