Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security

September 3, 2024 Bitcoin.com

Hypernative Secures Million in Series A Funding to Enhance Web3 Security

Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing its artificial intelligence (AI)-driven security solutions tailored for the Web3 ecosystem. Hypernative Garners $16M Funding to Fortify Web3 Security With AI Solutions In a blog […]

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Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain

August 27, 2024 Bitcoin.com

Space and Time Secures Million in Series A Funding to Enhance AI and Blockchain

Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between artificial intelligence (AI) and blockchain technology. Space and Time […]

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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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Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding Round

June 13, 2024 Bitcoin.com

Egyptian Fintech Startup Sahl Raises Million in Series A Funding Round

African fintech

The Egyptian fintech startup Sahl has raised $6 million through a Series A funding round. The startup is set to use the capital raised to strengthen its local operations and fund its expansion into the Kingdom of Saudi Arabia. Sahl’s Strategic Partnerships The Egyptian fintech startup Sahl has raised $6 million through a Series A […]

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Degen token surges 17% on Farcaster’s $150M Series A raise

May 22, 2024 Coin Telegraph

Degen token surges 17% on Farcaster’s 0M Series A raise

Coin Telegraph

Farcaster, blockchain’s answer to traditional social media, raised $150 million in a Series A funding round led by Paradigm, sending a community token soaring.

Farcaster community-created token Degen (DEGEN) jumped 17% after the blockchain-based social platform confirmed it raised $150 million in its latest funding round.

The Series A round was led by venture firm Paradigm with participation from Andreessen Horowitz, Haun, USV, Variant and Standard Crypto. Farcaster founder Dan Romero said in a May 21 X post the funds will “support our work on Farcaster for many years.”

Romero, a former Coinbase executive, first hinted at the funding round on Warpcast in March but didn’t share any further details at the time.

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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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US-Based Bitcoin Focused Startup Fedi Raises $17 Million in Series A Funding Round

May 6, 2023 Bitcoin.com

US-Based Bitcoin Focused Startup Fedi Raises Million in Series A Funding Round

Africa

Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating system.” Obi Nwosu said the […]

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Hexa Raises $20.5 Million to Take Real Objects to the Metaverse

March 8, 2023 Bitcoin.com

Hexa Raises .5 Million to Take Real Objects to the Metaverse

3d models

Hexa, a 3D modeling company, has raised $20.5 million in its latest funding round to facilitate the task of bringing products into the metaverse. This new injection will ostensibly allow the company to expand its current workforce involved in engineering and business tasks, to improve the workflow of the company. Hexa Raises $20.5 Million in […]

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Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally

January 24, 2023 Bitcoin.com

Quicknode Raises Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally

$35 Million

Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain adoption.” Quicknode Aims to Streamline Web2 to Web3 Movement With $60 […]

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Cameroonian Fintech Ejara Raises $8 Million in Series A Investment Round

November 30, 2022 Bitcoin.com

Cameroonian Fintech Ejara Raises Million in Series A Investment Round

bitcoin.com

Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto assets recently said it had received $8 million in its Series A investment round. According to Ruth Foxe Blader, partner at Anthemis, Ejara aims to become the one-stop platform where “a suite of financial products […]

Series A

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