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US Venture Capital Firm Leads New Investment in Nigerian Startup Teamapt

US Venture Capital Firm Leads New Investment in Nigerian Startup TeamaptThe United States-based venture capital (VC) firm, QED Investors, recently led an investment round that raised more than $50 million for the Nigerian fintech Teamapt. The investment, as well as the VC firm’s hiring of personnel tasked with spearheading its investments in Africa, seem to point to QED Investors’ newfound commitment towards the continent. Teamapt’s […]

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Cryptocurrency Exchange Kucoin Raises $150 Million in Pre-Series B Funding Round, Reaches $10 Billion Valuation

Cryptocurrency Exchange Kucoin Raises 0 Million in Pre-Series B Funding Round, Reaches  Billion ValuationKucoin, a Seychelles-based cryptocurrency exchange, has announced it has raised $150 million in a pre-Series B funding round. The negotiation, which was led by Jump Crypto with the participation of other investors including Circle Ventures, IDG Capital, and Matrix Partners, has conferred the exchange a valuation of $10 billion. The exchange will use these funds […]

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Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise

Web3 Data Platform Dune Analytics Propels to Unicorn Status After .4 Million FundraiseThe Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money […]

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Tom Brady’s Autograph NFT Agency Gets $170 Million in Series B Funding Round

Tom Brady’s Autograph NFT Agency Gets 0 Million in Series B Funding RoundAutograph, the NFT agency co-founded by famous NFL player Tom Brady, has raised $170 million in its series B funding round. The company revealed that the funding round was led by Andreessen Horowitz and Kleiner Perkins, with the participation of other notable companies in the field. The funds raised will contribute to the expansion of […]

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Creator of App for Remittances to Africa and Asia Raises $65 Million in Series B Round

Creator of App for Remittances to Africa and Asia Raises  Million in Series B RoundTap Send, the creator of a remittances app of the same name, revealed it has raised $65 million in a Series B funding round. The fintech firm plans to use the funds to build a cheaper and faster cross-border money transfer platform. Remittances to Overlooked Countries The fintech startup behind the remittances app, Tap Send, […]

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2TM, Mercado Bitcoin’s Holding Company, Raises $50.3 Million in Second Closing of Series B Funding Round

2TM, Mercado Bitcoin’s Holding Company, Raises .3 Million in Second Closing of Series B Funding Round2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again, raising an additional $50 million. The funding round was led by U.S.-based 10T and Tribe Capital, with the participation of other new investors. 2TM Gets […]

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Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’

Report: Leading NFT Marketplace Opensea Presented With  Billion Valuation, Investors Are ‘Clamoring’On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market valuation, according to the sources. Report Claims Opensea Offered a $10 Billion Valuation […]

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FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation

FTX Raises 0 Million in Series B-1 — Crypto Exchange Commands  Billion ValuationThe digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21, FTX said the firm’s estimated valuation is […]

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Infrastructure Provider Blockdaemon Raises $155 Million With Participation of Goldman Sachs

Infrastructure Provider Blockdaemon Raises 5 Million With Participation of Goldman SachsBlockdaemon, a blockchain infrastructure provider, has raised $155 million in its Series B funding round, which will aid its expansion plans to make acquisitions in the crypto infrastructure market. The funding round had the participation of Goldman Sachs, Softbank Vision Fund 2, Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital, among others. Blockdaemon Raises […]

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Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million

Offchain Labs Launches Arbitrum One Mainnet — Startup Raises 0 MillionOn August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live, Offchain Labs Raises $120 Million in Funding […]

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