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Web3 startup Nillion raises $20M for non-blockchain decentralized networks
Nillion, a Web3 startup building non-blockchain decentralized networks, today announced that it has raised $20 million in an oversubscribed round led by Distributed Global to focus on its peer-to-peer storage and computation technology. The startup builds infrastructure for decentralized peer-to-peer networks that allow for truly decentralized processing by mathematically sectionalizing data into nodes so that ...
NF3X Labs raises $1.65M to launch community-first NFT swap marketplace
NF3X Labs, an upcoming marketplace for nonfungible token swaps and financing, announced Friday that it raised $1.65 million in seed funding to launch its peer-to-peer market for trading crypto collectibles. The seed round was co-led by Infinity Ventures Crypto and Spartan Group, with participation from DWF Labs and Saison Capital. Other investors supporting the round ...
Digital collectibles firm Forum3 raises $10M to bring NFTs to loyalty programs
Forum3, a digital collectibles firm that recently helped Starbucks Corp. create its nonfungible token-based loyalty rewards program, said today that it has raised $10 million in seed funding to expand its Web3 tools for brands to launch their own NFT-based rewards programs. The funding round was led by Web3-focused venture capital firm Decasonic and included ...
Metagood raises $5M to use NFTs and Web3 to drive social good
Metagood, a Web3 company that uses nonfungible tokens to empower communities to do social good, today announced that it has raised $5 million in pre-seed funding. The company is behind the OnChainMoney NFTs, which are a type of crypto asset artwork collection that can be used as profile pictures in the same vein as other ...
Report: Federal prosecutors investigate former FTX CEO Bankman-Fried over TerraUSD collapse
Federal prosecutors are investigating whether Sam Bankman-Fried, founder and former chief executive of the now-bankrupt cryptocurrency exchange FTX Trading Ltd., engaged in possible market manipulation involving the collapse of the crypto tokens TerraUSD and Luna, the New York Times reported. Prosecutors in Manhattan are looking into whether Bankman-Fried manipulated the prices of the two interlinked ...
Copado launches marketplace for enterprise DevOps solutions
Copado Inc., a low-code DevOps solution provider for Salesforce, today announced the launch of the DevOps Exchange, a marketplace for prebuilt software-as-a-service solutions that extend the company’s platform for continuous software integration and delivery. As software development and operations, teams face more complex workflows and tasks and the need to ship features faster than ever ...
Security and compliance automation startup Drata raises $200M at a $2B valuation
Drata Inc., a startup that helps businesses stay compliant with security standards, announced today that it has raised $200 million in in a fresh funding round that now values the company at $2 billion. Additional investment for the Series C round, led by Iconiq Growth and GGV Capital, came from Alkeon Capital, Cowboy Ventures, Salesforce ...
Cameyo unveils support for Linux virtual app delivery to reduce remote work costs
Virtual application delivery platform Cameyo Inc. today announced that it now supports Linux apps in order to reduce the cost of providing cloud desktops for workers during a time of remote and hybrid workforces. Cameyo’s existing platform already permits the delivery of Windows and software-as-a-service and internal web apps to any device. The new product, ...
Kodiak Robotics awarded $50M to develop self-driving vehicles for US Army
Kodiak Robotics Inc., the developer of self-driving trucks, said today that it has been awarded a $49.9 million two-year contract with the U.S. Army to help develop autonomous vehicles to act as support for reconnaissance, surveillance and other high-risk situations. The money was awarded through the Department of Defense’s Defense Innovation Unit with the intention ...
Stable Diffusion developer Runway raises $50M to create AI multimedia tools
Runway AI Inc., one of the two companies behind the artificial intelligence art generator Stable Diffusion, announced Monday that it has raised $50 million in fresh funds led by Felicis to continue building the next generation of AI tools for art. The Series C funding round brings the startup’s valuation to $500 million, according to ...