HomeBlockchainInvestors increase funding for crypto and blockchain startups

Investors increase funding for crypto and blockchain startups

-


Blockchain Startups Secure Millions in Funding from Venture Capitalists

Venture capitalists are increasingly raising capital to pour into blockchain-based startups, with Paradigm closing a third fund to invest $850 million in early-stage crypto projects and Pantera Capital seeking more than $1 billion for a new fund by 2025. Tether’s VC arm also plans to invest $1 billion in startups over the next year.

In the first weeks of June, several startups have secured significant funding. Plural Energy raised $2.33 million for onchain renewable energy, Connext rebranded to Everclear and secured $5 million from Pantera Capital, Ava Protocol raised $10 million for Web3 automation, OKX Ventures invested in security firm GoPlus, Radian Arc secured $9 million in Series B funding, Ouinex raised over $5 million in token sales, and Blueberry Protocol raised $2.5 million in Series A funding.

These investments highlight the growing interest and support for blockchain-based startups, as the industry continues to evolve and expand. Stay tuned for more updates on the latest developments in the world of blockchain technology and cryptocurrency.

LATEST POSTS

Donald Trump scheduled to address Bitcoin conference

Trump to Speak at Bitcoin Conference in Nashville: Will Crypto Community Support Him in the Election? The upcoming Bitcoin Conference in Nashville, Tennessee is set...

Exploring the Impact of Blockchain Technology on Payment Gateways: The Hype Magazine Dives into Urban Culture with Stories from Hip Hop to Hollywood! Discover...

Blockchain Technology: Revolutionizing Payment Gateways in Biz/Tech/NFTs Blockchain Technology Revolutionizing Payment Gateways In a world where traditional payment systems are often slow, expensive, and limited in...

Kamala Harris is learning about cryptocurrency

Vice President Kamala Harris and Crypto: A Closer Look at Her Emerging Interest Vice President Kamala Harris is making waves in the crypto world as...

Ethereum ETFs See $107 Million in Net Inflows on Debut Day

United States Ether ETFs See Strong Inflows on First Day of Trading On their first day of trading, United States Ether exchange-traded funds (ETFs) made...

Most Popular