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Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).
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Web3 Funding from Venture Capital Firms Register 78 Percent Dip From Last Year: Crunchbase
The Web3 projects and startups have recorded a significant drop in collecting funding from external sources. Between January and June this year, Web3 firms managed to raise only $3.6 billion (roughly Rs. 29,568 crore) in funding. In the same months last year, Web3 firms had raised $16 billion (roughly Rs. 1,31,404 crore) in funding.
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VC Firm Andreessen Horowitz to Enter UK’s ‘Predictable’ Crypto Climate Amid SEC’s Rising Pressure in US
US-based venture capital firm Andreessen Horowitz (a16z) has decided to go international with its presence. The crypto and Web3-focussed company will be establishing itself in the UK later this year. The firm finalised the move after several rounds of discussions with UK’s pro-crypto PM Rishi Sunak.
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Gaming Platform Buystars Raises $5 Million In Pre-Series A Round
Indian online gaming platform BuyStars said on Wednesday it had raised $5 million in a preseries A round led by venture capital (VC) fund Lumikai as it
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Doglapan - Lessons Shark Tank Judges Can Teach You in Investing
The single most important factor in investing.
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Investor Network FAAD Gets Approval To Launch Rs 300 Crore Fund
The network will build the war chest in the coming months to invest across sectors in early-stage startups with special focus on healthtech, agritech, deep tech, and cleantech space, FAAD said.
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Binance Has Named Co-Founder Yi He as the New Head of VC Arm Binance Labs
Cryptocurrency exchange Binance has appointed co-founder Yi He to oversee its venture capital arm, Binance Labs, two months after it raised $500 million (roughly Rs. 3,875 crore) for a new fund focused on Web 3 and blockchain investments.
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Venture Capitalists Pour Money Into Digital Currencies Blockchain Startups Amid Crypto Winter
The ongoing crypto winter has not affected venture capitalist’s appetite for investing in digital currency and blockchain startups, according to data from Pitchbook. The ongoing investment in these firms in on the path to top the record $26.9 billion (roughly Rs. 2,14,630 crore) raised last year, and the data suggests a solid faith in the future...
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Sequoia Capital Launches Two New Funds With Web 3 Investments Part of Its Focus
Sequoia India and Sequoia Southeast Asia raised $2.85 billion (roughly Rs. 22,140 crore) across three funds to continue financing entrepreneurs in the region. Sequoia is introducing a specific Southeast Asian fund worth $850 million (roughly Rs. 6,603 crore) for the first time, while the Indian venture and growth funds will receive $2 billion (roug...
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Thailand's Power Giant Gulf Energy Confirms Investment in Binance US
Gulf Energy Development, Thailand's biggest private power producer by market value, has concluded a deal to invest in a digital asset exchange service of the US-based Binance US through seed funding of an unspecified amount as it continues to grow its digital technology business.
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Private Equity And Venture Capitals Fund Inflows Jump 100% To $5.8 Billion In February: Report
Record fund inflows through private equity (PE) and venture capital (VC) funds, primarily into the start-up ecosystem, have propelled the overall inflows to $5.8 billion in February, which is double the amounts annualised, according to industry data.
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India-Based Polygon Raises $450 Million From Sequoia India, Tiger Global, Softbank, Other Prominent VC Firms
Ethereum layer-2 scaling solution Polygon has raised $450 million (roughly Rs. 3,364 crore) from several big-name investors including Sequoia Capital India, SoftBank, Galaxy Digital, and Tiger Global, boosting its war chest as demand for its services grows with the adoption of Web3.
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Crypto-Related Job Adverts on LinkedIn Increased by 395 Percent in 2021
Listing for jobs looking for candidates possessing domain knowledge and expertise in the area of cryptocurrency and blockchain surged 395 percent in 2021 in the United States, jumping over 5 times since 2020.
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Coinbase Co-Founder's New VC Firm Paradigm Raises $2.5 Billion for Crypto Investments
San Francisco-based investment firm Paradigm is starting a $2.5 billion (roughly Rs. 18,598 crore) venture capital fund aimed at the “next generation of crypto companies and protocols”.
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SoftBank's VC Fund Invests Big in NFT-Driven Virtual Metaverse 'The Sandbox'
Similar to games like Minecraft, the Sandbox allows players to build virtual worlds — from creating their own avatars to buying digital plots of land. It has now secured a big investment led by SoftBank.
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Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).
-
Web3 Funding from Venture Capital Firms Register 78 Percent Dip From Last Year: Crunchbase
The Web3 projects and startups have recorded a significant drop in collecting funding from external sources. Between January and June this year, Web3 firms managed to raise only $3.6 billion (roughly Rs. 29,568 crore) in funding. In the same months last year, Web3 firms had raised $16 billion (roughly Rs. 1,31,404 crore) in funding.
-
VC Firm Andreessen Horowitz to Enter UK’s ‘Predictable’ Crypto Climate Amid SEC’s Rising Pressure in US
US-based venture capital firm Andreessen Horowitz (a16z) has decided to go international with its presence. The crypto and Web3-focussed company will be establishing itself in the UK later this year. The firm finalised the move after several rounds of discussions with UK’s pro-crypto PM Rishi Sunak.
-
Gaming Platform Buystars Raises $5 Million In Pre-Series A Round
Indian online gaming platform BuyStars said on Wednesday it had raised $5 million in a preseries A round led by venture capital (VC) fund Lumikai as it
-
Doglapan - Lessons Shark Tank Judges Can Teach You in Investing
The single most important factor in investing.
-
Investor Network FAAD Gets Approval To Launch Rs 300 Crore Fund
The network will build the war chest in the coming months to invest across sectors in early-stage startups with special focus on healthtech, agritech, deep tech, and cleantech space, FAAD said.
-
Binance Has Named Co-Founder Yi He as the New Head of VC Arm Binance Labs
Cryptocurrency exchange Binance has appointed co-founder Yi He to oversee its venture capital arm, Binance Labs, two months after it raised $500 million (roughly Rs. 3,875 crore) for a new fund focused on Web 3 and blockchain investments.
-
Venture Capitalists Pour Money Into Digital Currencies Blockchain Startups Amid Crypto Winter
The ongoing crypto winter has not affected venture capitalist’s appetite for investing in digital currency and blockchain startups, according to data from Pitchbook. The ongoing investment in these firms in on the path to top the record $26.9 billion (roughly Rs. 2,14,630 crore) raised last year, and the data suggests a solid faith in the future...
-
Sequoia Capital Launches Two New Funds With Web 3 Investments Part of Its Focus
Sequoia India and Sequoia Southeast Asia raised $2.85 billion (roughly Rs. 22,140 crore) across three funds to continue financing entrepreneurs in the region. Sequoia is introducing a specific Southeast Asian fund worth $850 million (roughly Rs. 6,603 crore) for the first time, while the Indian venture and growth funds will receive $2 billion (roug...
-
Thailand's Power Giant Gulf Energy Confirms Investment in Binance US
Gulf Energy Development, Thailand's biggest private power producer by market value, has concluded a deal to invest in a digital asset exchange service of the US-based Binance US through seed funding of an unspecified amount as it continues to grow its digital technology business.
-
Private Equity And Venture Capitals Fund Inflows Jump 100% To $5.8 Billion In February: Report
Record fund inflows through private equity (PE) and venture capital (VC) funds, primarily into the start-up ecosystem, have propelled the overall inflows to $5.8 billion in February, which is double the amounts annualised, according to industry data.
-
India-Based Polygon Raises $450 Million From Sequoia India, Tiger Global, Softbank, Other Prominent VC Firms
Ethereum layer-2 scaling solution Polygon has raised $450 million (roughly Rs. 3,364 crore) from several big-name investors including Sequoia Capital India, SoftBank, Galaxy Digital, and Tiger Global, boosting its war chest as demand for its services grows with the adoption of Web3.
-
Crypto-Related Job Adverts on LinkedIn Increased by 395 Percent in 2021
Listing for jobs looking for candidates possessing domain knowledge and expertise in the area of cryptocurrency and blockchain surged 395 percent in 2021 in the United States, jumping over 5 times since 2020.
-
Coinbase Co-Founder's New VC Firm Paradigm Raises $2.5 Billion for Crypto Investments
San Francisco-based investment firm Paradigm is starting a $2.5 billion (roughly Rs. 18,598 crore) venture capital fund aimed at the “next generation of crypto companies and protocols”.
-
SoftBank's VC Fund Invests Big in NFT-Driven Virtual Metaverse 'The Sandbox'
Similar to games like Minecraft, the Sandbox allows players to build virtual worlds — from creating their own avatars to buying digital plots of land. It has now secured a big investment led by SoftBank.
