EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.
Funding Rounds
Crypto VC Firm Polychain Tops Up AI Platform Ritual’s $25M Funding Round With ‘Multimillion Dollar’ Investment
Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence oligarchy.
BOB, a ‘Hybrid’ Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management.
Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI
Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or censorship.
Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors
Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company.
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin’s nascent DeFi scene
Web3 Gaming Company Saltwater Raises $5.5M Seed Funding
Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive.
Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors.
Ethereum Interoperability Hub Polymer Raises $23M Series A Funding From Marquee Investors
The funding round was co-led by Blockchain Capital, Maven 11 and Distributed Global and included contributions from Coinbase Ventures, Placeholder and Digital Currency Group.
‘One-Stop Station’ Digital Identity Service Root Protocol Raises $10M Seed Funding
The funding rounds, which gave Root a $100 million valuation, were led by Animoca Brands and included contributions from a slew of other notable investors