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Crypto Startups Bagged Over $2 Billion in Funding Across 503 Deals in Q2 2024: PitchBook
The latest report by PitchBook states that a total of $2.7 billion were invested into crypto startups between April and June this year. This amount is 2.5 percent higher than what was fetched by crypto startups between January and March.
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Humanity Protocol Raises $30 Million as Blockchain-Based Digital ID Startup Hits Unicorn Status
Human Protocol has gained unicorn status after it raised $30 million in a fresh funding round led by Kingsway Capital. Other venture capital firms that participated in the seed funding round included Animoca Brands, Blockchain.com, Hashed, and Shima Capital.
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Indian Blockchain Esports Firm Stan Raises Over $2 Million in Funding: Details
Stan has managed to raise an investment of $2.7 million (roughly Rs. 22 crore) from several investors, including CoinDCX Ventures and Coinswitch Ventures. The company disclosed this information in an official announcement shared on January 23. Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, General Catalyst, Climber Capital, and TDV Partners are...
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Space Regulator Unveils Fund For Startups In Urban Development, Disaster Management
India's space regulator IN-SPACe on Monday announced a seed fund scheme for start-ups operating in the areas of Urban Development and Disaster Management by using space technology.
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Portuguese Startup Ethena Garners $6 Million in Funding from DragonFly, Huobi for Stablecoin Development
Ethena, a Portugal-based startup working on a USDe stablecoin project has managed to raise $6 million (roughly Rs. 55 crore) in a seed funding round. Dragonfly along with Maelstrom, Gemini, and Huobi have poured investments in this project. The hefty investment in Ethena seemingly testifies to the buzz around stablecoins that has gathered heat in r...
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Millions Poured Into Olympix Startup as Web3, AI Bond Saddle on Upward Curve: Details
AI-focussed Web3 startup Olympix has raised $4.3 million (roughly Rs. 35 crore) in a seed funding round. With the craze around AI picking pace around the world, industry members from the Web3 sector are pacing to integrate the technology with blockchain. Venture capitalists are also rooting for this combination given the millions they are pouring o...
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AI4Bharat Researchers Said to Raise $12 Million Funding From Peak XV, Lightspeed
Researchers at AI4Bharat are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI's ChatGPT dazzled users with its ability to engage in human-li...
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PayPal Bets on Chaos Labs, Co-Leads $20 Million Seed Funding for On-Chain Risk Optimiser
PayPal has co-led the funding round with venture capital firm Galaxy in collectively pledging $20 million (roughly Rs. 165 crore) towards Chaos Labs. Six angel investors joined the other 23 organisations that poured capital into Chaos Labs in its seed funding. These firms include Polygon, Coinbase Ventures, and OpenSea, among others.
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IIT Kanpur Alumnus Contributes Rs 2 Crore To Seed Health-Tech Innovations
A contribution of Rs 2 crore to fund health technology innovations was made and an agreement for the same was signed on December 6.
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Only 11% Tech Funds Reach Deep Tech Start-Ups, Need Higher Seed Funding: Nasscom Chief
India's deep tech startups need higher seed and early stage funding to grow faster as only 11 per cent of technology-related funds reach this ecosystem as of now, NASSCOM president Debjani Ghosh said today.
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WazirX Founder-Led Lay-1 Blockchain Startup Shardeum Closes $18.2 Million Seed Funding Round
New Layer 1 blockchain Shardeum has closed its $18.2 million (roughly Rs. 150 crore) seed funding round at a $200 million (roughly Rs. 1,654 crore) valuation. The startup is co-founded by Nischal Shetty, who founded Indian exchange WazirX, and blockchain architect Omar Syed.
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IIT Bombay Introduces e-Yantra Innovation Challenge; Winners To Get Rs 1 Crore Of Seed Funding
According to IIT Bombay, this year's eYIC 2022 themes are- “Sustainable and Advanced Technologies for Helping Urban Inclusivity and Agriculture”
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What Crisis? Not All Gloom And Doom, Venture Capitalists Bet Big On Crypto
Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that's set to outstrip last year's record.
-
Cochin Shipyard, IIM-Kozhikode Sign Agreement To Boost Start-Ups In Maritime Sector
Cochin Shipyard Limited said that under this initiative, start-ups can get up to Rs 50 lakh as seed grants, Rs one crore as prototyping grants and equity funding for start-ups at the scale up stage
-
Maharshtra to Launch Rs. 200 Crore Fund for Women-Led Deep Tech Startups
Maharashtra will set up a Rs.200 crore fund to invest in deep tech startups from the state, which are preferably led by women. The principal secretary for employment, entrepreneurship and innovation department, Manisha Verma also said the state is mulling to launch a seed fund for startups, but did not share details of the same.
-
Crypto Startups Bagged Over $2 Billion in Funding Across 503 Deals in Q2 2024: PitchBook
The latest report by PitchBook states that a total of $2.7 billion were invested into crypto startups between April and June this year. This amount is 2.5 percent higher than what was fetched by crypto startups between January and March.
-
Humanity Protocol Raises $30 Million as Blockchain-Based Digital ID Startup Hits Unicorn Status
Human Protocol has gained unicorn status after it raised $30 million in a fresh funding round led by Kingsway Capital. Other venture capital firms that participated in the seed funding round included Animoca Brands, Blockchain.com, Hashed, and Shima Capital.
-
Indian Blockchain Esports Firm Stan Raises Over $2 Million in Funding: Details
Stan has managed to raise an investment of $2.7 million (roughly Rs. 22 crore) from several investors, including CoinDCX Ventures and Coinswitch Ventures. The company disclosed this information in an official announcement shared on January 23. Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, General Catalyst, Climber Capital, and TDV Partners are...
-
Space Regulator Unveils Fund For Startups In Urban Development, Disaster Management
India's space regulator IN-SPACe on Monday announced a seed fund scheme for start-ups operating in the areas of Urban Development and Disaster Management by using space technology.
-
Portuguese Startup Ethena Garners $6 Million in Funding from DragonFly, Huobi for Stablecoin Development
Ethena, a Portugal-based startup working on a USDe stablecoin project has managed to raise $6 million (roughly Rs. 55 crore) in a seed funding round. Dragonfly along with Maelstrom, Gemini, and Huobi have poured investments in this project. The hefty investment in Ethena seemingly testifies to the buzz around stablecoins that has gathered heat in r...
-
Millions Poured Into Olympix Startup as Web3, AI Bond Saddle on Upward Curve: Details
AI-focussed Web3 startup Olympix has raised $4.3 million (roughly Rs. 35 crore) in a seed funding round. With the craze around AI picking pace around the world, industry members from the Web3 sector are pacing to integrate the technology with blockchain. Venture capitalists are also rooting for this combination given the millions they are pouring o...
-
AI4Bharat Researchers Said to Raise $12 Million Funding From Peak XV, Lightspeed
Researchers at AI4Bharat are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI's ChatGPT dazzled users with its ability to engage in human-li...
-
PayPal Bets on Chaos Labs, Co-Leads $20 Million Seed Funding for On-Chain Risk Optimiser
PayPal has co-led the funding round with venture capital firm Galaxy in collectively pledging $20 million (roughly Rs. 165 crore) towards Chaos Labs. Six angel investors joined the other 23 organisations that poured capital into Chaos Labs in its seed funding. These firms include Polygon, Coinbase Ventures, and OpenSea, among others.
-
IIT Kanpur Alumnus Contributes Rs 2 Crore To Seed Health-Tech Innovations
A contribution of Rs 2 crore to fund health technology innovations was made and an agreement for the same was signed on December 6.
-
Only 11% Tech Funds Reach Deep Tech Start-Ups, Need Higher Seed Funding: Nasscom Chief
India's deep tech startups need higher seed and early stage funding to grow faster as only 11 per cent of technology-related funds reach this ecosystem as of now, NASSCOM president Debjani Ghosh said today.
-
WazirX Founder-Led Lay-1 Blockchain Startup Shardeum Closes $18.2 Million Seed Funding Round
New Layer 1 blockchain Shardeum has closed its $18.2 million (roughly Rs. 150 crore) seed funding round at a $200 million (roughly Rs. 1,654 crore) valuation. The startup is co-founded by Nischal Shetty, who founded Indian exchange WazirX, and blockchain architect Omar Syed.
-
IIT Bombay Introduces e-Yantra Innovation Challenge; Winners To Get Rs 1 Crore Of Seed Funding
According to IIT Bombay, this year's eYIC 2022 themes are- “Sustainable and Advanced Technologies for Helping Urban Inclusivity and Agriculture”
-
What Crisis? Not All Gloom And Doom, Venture Capitalists Bet Big On Crypto
Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that's set to outstrip last year's record.
-
Cochin Shipyard, IIM-Kozhikode Sign Agreement To Boost Start-Ups In Maritime Sector
Cochin Shipyard Limited said that under this initiative, start-ups can get up to Rs 50 lakh as seed grants, Rs one crore as prototyping grants and equity funding for start-ups at the scale up stage
-
Maharshtra to Launch Rs. 200 Crore Fund for Women-Led Deep Tech Startups
Maharashtra will set up a Rs.200 crore fund to invest in deep tech startups from the state, which are preferably led by women. The principal secretary for employment, entrepreneurship and innovation department, Manisha Verma also said the state is mulling to launch a seed fund for startups, but did not share details of the same.
