venture capital

AlphaPoint Raises $15 Million In First Major Funding Round

3 days ago admin2 0
Crypto services company AlphaPoint successfully raised $15 million in its first major round of venture capital funding, the firm announced Thursday. AlphaPoint raised the funds through Mike Novogratz’s Galaxy Digital, the self-described cryptocurrency merchant bank. Chief executive Salil Donde said Galaxy Digital managing director Greg Wasserman is also joining his firm’s advisory board to provide Read More

Samsung’s latest venture fund is looking for the next big way to build AI

4 days ago admin2 0
Silicon Valley is glutted with everything that the most popular form of modern AI, called deep learning, needs to be successful: massive stockpiles of private user data and a battery of high-powered servers. The next wave of AI, however, may look quite different. A number of startups are now thinking about ways to minimize the Read More

IDG Backs Crypto Wallet imToken with $10 Million Investment

3 weeks ago admin2 Comments Off on IDG Backs Crypto Wallet imToken with $10 Million Investment
China-based cryptocurrency wallet imToken announced Thursday that it has closed a $10 million Series A round fully funded by venture capital firm IDG Capital. Founded in 2016, imToken first entered the industry as a dedicated ethereum wallet service, but has since expanded to support a claimed 30,000-plus tokens, including “airdrops” and ICO issuances. The company Read More

Tradeshift Plans Blockchain Push After $250 Million Funding

3 weeks ago admin2 Comments Off on Tradeshift Plans Blockchain Push After $250 Million Funding
Supply chain management firm Tradeshift has announced plans to further expand into blockchain following a $250 million Series E funding round led by Goldman Sachs and PSP Investments. The round, which also saw HSBC, H14 and others participate, brings Tradeshift’s total funding to more than $400 million and values the firm at $1.1 billion, according to Read More

Switzerland Welcomes New Blockchain Accelerator, VC Firm

1 month ago admin2 Comments Off on Switzerland Welcomes New Blockchain Accelerator, VC Firm
A new accelerator and venture capital firm called Blockchain Valley Ventures (BVV) was launched on Thursday in Switzerland. The new firm counts former executive members of IBM, UBS and SAP as well as Lykke Corp. as partners and will provide investment, financing, and advisory services for blockchain ventures. Based in Switzerland’s Crypto Valley in the Read More

‘Ebay for CryptoKitties’ Raises $2 Million from All-Star VCs

1 month ago admin2 Comments Off on ‘Ebay for CryptoKitties’ Raises $2 Million from All-Star VCs
More money is being poured into crypto cats. Well, cats, and the slew of other non-fungible digital items made possible by new token standards, such as ethereum’s ERC-721. And these crypto collectibles now have a home in OpenSea, a marketplace for allowing users to buy and sell these items – an Ebay for CryptoKitties if Read More

Another Chinese City Is Backing a Big Blockchain Investment Fund

2 months ago admin2 Comments Off on Another Chinese City Is Backing a Big Blockchain Investment Fund
The city government of Shenzhen, China, is backing a dedicated blockchain investment fund, soon after Hangzhou city supported a similar effort. Announced at a blockchain event in the city on Sunday, hosted by the China Electronic Commerce Association, the fund aims to invest 500 million yuan ($80 million) in blockchain startups in Shenzhen during its Read More

A Tangled Web: Will Coinbase Ventures Lead to Conflicts of Interest?

2 months ago admin2 Comments Off on A Tangled Web: Will Coinbase Ventures Lead to Conflicts of Interest?
Coinbase always seemed destined to add litecoin. Even amidst an early sea of competing cryptocurrencies cloned from the bitcoin codebase, litecoin had secured a special place. Early adopters used it as a way to extend bitcoin gains and test out the tech, while effective marketing attracted mainstream interest (even without the technology offering much in the Read More

Carbon ‘Stablecoin’ Project Raises $2 Million in Seed Round

2 months ago admin2 Comments Off on Carbon ‘Stablecoin’ Project Raises $2 Million in Seed Round
Cryptocurrency startup Carbon has raised $2 million in seed funding, the company revealed to CoinDesk, Thursday. Investors in the round include General Catalyst, Digital Currency Group, FirstMark Capital, Plug and Play Ventures and The Fund. Carbon did not disclose its valuation. The investment round brings the project a step closer to launching a dollar-pegged cryptocurrency Read More