Phantom crypto wallet raises $150M in Series C at $3B valuation

January 17, 2025 Coin Telegraph

Phantom crypto wallet raises 0M in Series C at B valuation

Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.

Digital asset wallet Phantom announced has raised $150 million from a Series C funding round led by venture capital firms Sequoia Capital and Paradigm, valuing the firm at $3 billion.

Andreessen Horowitz and Variant also participated in the funding round.

“Our mission has always been to make crypto more accessible, intuitive, and safe for everyone. This latest round of funding allows us to invest further in innovation and ultimately modernize consumer finance,” Phantom’s CEO Brandon Millman said in the Jan. 16 announcement.

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AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation

October 6, 2024 Bitcoin.com

AI Powerhouse Openai Raises .6B Achieving a 7B Valuation

bitcoin.com

AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new AI models. AI Company Openai Aims […]

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Capstone Technology Gets $5.4M for GAYA Blockchain Project

September 17, 2024 Bitcoin.com

Capstone Technology Gets .4M for GAYA Blockchain Project

Artificial intelligence (AI)

Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology plans to use the funds to manage technological assets, develop Web3 applications, expand regionally and improve its platform. […]

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AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation

August 24, 2024 Bitcoin.com

AI Coding Tool Cursor Raises Million at a 0 Million Valuation

Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of the world’s software,” has announced it has raised $60 million in its Series A funding round. The round had the participation of Andreessen Horowitz, Thrive Capital, Openai, and many others, and gave the company a […]

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Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain

August 23, 2024 Bitcoin.com

Pip Labs Raises Million at a .25 Billion Valuation to Protect IP via Blockchain

A16Z

Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development of Story, a blockchain aiming to tokenize and protect what Pip Labs calls the “multi-trillion-dollar” asset class of intellectual property (IP), offering frictionless systems for […]

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Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn

August 9, 2024 Bitcoin.com

andrena

Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18 […]

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Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE

July 24, 2024 Bitcoin.com

ABCDE

Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300 million. Institutional Investment Advances Bitlayer’s Bitcoin L2 Development Bitlayer […]

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Report: Kraken Considers IPO Amid Renewed Investor Interest

June 6, 2024 Bitcoin.com

bitcoin.com

Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the current digital-asset market rally and a perceived easing of U.S. regulatory scrutiny. Kraken Eyes IPO Bloomberg sources […]

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Succinct Labs Raises $55M to Propel Zero-Knowledge Proofs Into Mainstream Development

March 22, 2024 Bitcoin.com

Succinct Labs Raises M to Propel Zero-Knowledge Proofs Into Mainstream Development

bitcoin.com

On Thursday, Succinct Labs, a startup dedicated to democratizing zero-knowledge proofs, unveiled that it had secured $55 million in funding through both seed and Series A rounds. Paradigm took the lead in this financial boost, with additional support from entities like Robot Ventures, Bankless Ventures, Geometry, and ZK Validator, among others. Succinct Labs Nets $55M […]

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Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round

May 7, 2023 Bitcoin.com

Nigerian Payments Provider Nomba Secures Million in Pre-Series B Funding Round

Africa

The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer experiences.” Plugging Gaps in Payment Processes Nomba, a Nigerian payments startup, has raised a US$30 million pre-Series […]

funding round

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