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VC Roundup: November wraps with 99 deals across blockchain startups

VC Roundup: November wraps with 99 deals across blockchain startups

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Source: Coin Telegraph

This edition of Cointelegraph’s VC Roundup features Talus Network, Kernel, Astherus, Barter and Rarimo.

In November, crypto startups engaged in 99 deals across venture capital funding as well as mergers and acquisitions transactions, with the total value exceeding $350 million, according to figures from RootData.

Highlights for the month include Zero Gravity Labs’ $290 million capital financing to build a decentralized artificial intelligence operating system (dAIOS), alongside Superscrypt’s plans for a $100 million new investment fund for blockchain-based startups. In addition, the crypto ecosystem has welcomed a new crowdfunding platform focused on Bitcoin projects. 

Investor sentiment toward the industry was likely influenced by the prospect of a more favorable regulatory approach in the United States following Donald Trump’s reelection earlier in the month, which could lead to increased capital investment in crypto businesses under new regulatory conditions moving forward.

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Author: Ana Paula Pereira