Fintech UK neobank Kroo raises £26 million in Series B funding The London-based neobank has closed a £26 million iSeries B round despite fintech funding slowing after the highs of 2021. Read Full Story May 31, 2022, 11:21AM UTC
Fintech B2B buy now pay later player Mondu raises $43 million Berlin-based startup Mondu has today announced the closing of a $43 million Series A round led by PayPal co-founder Peter Thiel's Valar Ventures. Read Full Story May 30, 2022, 10:30AM UTC
Fintech Fintech infrastructure for web3 startup Merge raises $9.5 million The UK startup has raised a $9.5 million round led by Octopus Ventures, with participation from Hashed, Coinbase Ventures and Ethereal Ventures. Read Full Story May 30, 2022, 10:00AM UTC
Investments $100 million fund founded by ex-Binance execs comes out of stealth Former executives from Binance have closed a $100 million fund focused on blockchain investments. Read Full Story May 26, 2022, 9:07AM UTC
Venture Capital StarkWare's valuation quadruples to $8 billion in new funding round Ethereum scaling startup StarkWare has quadrupled its valuation to $8 billion after raising $100 million in a Series D funding round. Read Full Story May 25, 2022, 1:30PM UTC
Cryptocurrency LayerZero Labs seeks backing that would triple its valuation to $3 billion The Vancouver-based "omnichain" developer is seeking yet more funding just a few months after its last raise. Read Full Story May 25, 2022, 12:20PM UTC
Institutional Investing Babel Finance hits $2 billion valuation in new funding round Crypto firm Babel Finance has raised $80 million in a Series B funding round and is now valued at $2 billion. Read Full Story May 25, 2022, 12:00PM UTC
Investments a16z announces $4.5 billion fund for crypto and blockchain startups $1.5 billion will be dedicated to seed investments and $3 billion to venture investments. Read Full Story May 25, 2022, 11:41AM UTC
Venture Capital Standard Crypto raises new $500 million fund: Axios Venture capital firm Standard Crypto has raised a new $500 million fund, according to a report from Axios. Read Full Story May 24, 2022, 7:15PM UTC
Startups Adam Neumann-backed blockchain startup Flowcarbon raises $70 million Flowcarbon, a startup co-founded by former WeWork CEO Adam Neumann, is developing blockchain-based carbon trading tools. Read Full Story May 24, 2022, 1:00PM UTC
NFTs Gaming platform Bud raises $37 million in round led by Sequoia Capital India The Singapore-based company has laid out plans to launch its own NFT marketplace and push into web3. Read Full Story May 24, 2022, 9:28AM UTC
Private Investments Protego Trust Bank targets $2 billion valuation after quietly raising $70 million Protego Trust Bank, a chartered crypto bank advised by Brian Brooks, raised $70 million in a Series A round last year. Read Full Story May 23, 2022, 11:15AM UTC
Legal Aptos CEO faces billion dollar lawsuit by Glazer family member over equity Shaikh and Matonee are seeking to have the case dismissed, the filings dated May 17 show. Read Full Story May 20, 2022, 3:14PM UTC
Gaming and Metaverse Blockchain gaming firm Azra Games raises $15 million in seed funding led by a16z Azra Games will use the funds to build out its first game Project Arcanas, a sci-fi fantasy epic that incorporates virtual collectibles. Read Full Story May 19, 2022, 11:10AM UTC
Web3 Hackathon organiser and web3 incentive platform DoraHacks raises $20 million Circle Ventures, Gemini Frontier Fund, Sky9 Capital, Crypto.com Capital and Amber Group also joined the round. Read Full Story May 18, 2022, 1:00PM UTC
Venture Capital Crypto management firm Ikigai raises $30 million for web3-focused venture fund The new fund is designed to invest in startups or projects related to the metaverse, blockchain gaming, NFTs, DAOs and other web3 projects. Read Full Story May 17, 2022, 8:20PM UTC
The Block Certora Announces $36 million Series B funding round led by Jump Crypto The Israel-based company provides security analysis tools for blockchain smart contracts. Read Full Story May 17, 2022, 2:00PM UTC
Venture Capital Tiger Global leads $15 million Series A for web3 infrastructure startup Coinshift The Indian crypto startup that provides treasury management tools for DAOs and web3 firms plans to expand to new blockchains. Read Full Story May 17, 2022, 1:00PM UTC
The Block Revolut founder set to launch venture capital fund powered by artificial intelligence The fund will be focused mainly on Series B and Series C rounds, based on a software model which eliminates 'human judgement.' Read Full Story May 17, 2022, 11:26AM UTC
Capital Markets Goldman Sachs co-leads $70 million raise by Elwood Technologies Elwood Technologies bags $70 million in a Series A round co-led by Goldman Sachs and Dawn Capital. Read Full Story May 15, 2022, 4:00AM UTC