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Blockchain-based data-sharing platform Vendia raises $30M
Vendia Inc., an enterprise data-sharing platform that uses blockchain technology, said today that it has raised $30 million in new funding led by NewView Capital. The Series B investment brings the total funding raised by Vendia to $50 million. Neotribe Ventures, Aspenwood Ventures, Sorenson Capital, Canvas Ventures and BMW iVentures also participated in the round. ...
Crypto payments infrastructure firm Merge raises $9.5M
Merge, a Web3 payments infrastructure provider startup, today announced that it has raised $9.5 million in seed funding to develop its banking and payments platform to “merge” cryptocurrency and traditional financial services. The round was led by Octopus Ventures and included big-name crypto investors such as Coinbase Ventures, Hashed, Alameda Research and Ethereal Ventures. The ...
Rebooted Terra blockchain Luna token value already crashing after selloff
The new Luna cryptocurrency belonging to the collapsed Terra blockchain that was relaunched over the weekend saw its value drop almost 70% during a massive selloff after it was distributed. The new tokens were “airdropped” to investors by Terraform Labs, the developer of the Terra stablecoin, as part of the revival of the blockchain after ...
Terra 2.0 blockchain launch planned for Saturday in revival bid
A new blockchain fork of Terra will launch Saturday in an attempt to revitalize the crashed TerraUSD or “UST” stablecoin and its related cryptocurrency Luna, which lost all its value earlier in May. “The community has been working around the clock to coordinate the new chain’s launch,” Terra Labs’ developers said in a tweet late ...
Basetwo raises $3.8M to launch AI platform for pharmaceutical manufacturing
Basetwo, a no-code artificial intelligence platform for manufacturers, today announced it has raised $3.8 million in seed funding to allow pharmaceutical process engineers to build digital twins of their manufacturing plants more rapidly in order to increase process development and efficiency. The new funding round was led by Glasswing Ventures and Argon Ventures with additional ...
Andreessen Horowitz raises $4.5B for its fourth and largest crypto fund
Venture capital giant Andreessen Horowitz today announced it raised a colossal $4.5 billion for its largest-ever venture fund to invest in crypto and Web3 startups. The fund, the firm’s fourth, will bring a16z’s total raised to date for crypto investments to $7.6 billion. In the new fund, $1.5 billion will go to seed investments and ...
Niantic releases the Lightship Visual Positioning System and AR Map
Niantic Inc., the developer of the popular augmented reality game “Pokemon Go” and the Lightship AR platform, today released the Lightship Visual Positioning System for developers, with more than 30,000 public locations for apps to use dynamic AR mapping. The company also unveiled Campfire, a social application for Niantic’s “real-world metaverse” that connects its games ...
Microsoft updates Power Platform with new low-code capabilities
Microsoft’s Power Platform, a set of low-code/no-code tools for app development and business intelligence automation, today received a bevy of updates aimed at making life easier for business users and professional developers. These developments were announced during Microsoft Build 2022, the company’s annual conference for software engineers and web developers using Windows and the Azure ...
Mobile metaverse platform BUD raises $37M to incorporate NFTs
BUD Technologies Inc., the developer of a virtual platform for users to create interactive shared 3D content, today announced that it has raised $36.8 million in new funding led by Sequoia Capital India. The Series B funding round is the second in the past three months, bringing its total funding to more than $60 million. ...
Web3 protocol Saga raises $6.5M for scalable blockchain infrastructure
Saga, a Web3 protocol designed to automate the deployment of application-specific blockchains, announced Thursday that it has raised $6.5 million at a $130 million valuation. The seed funding round attracted a number of crypto industry-focused investors, including Polygon Studios, Longhash Ventures, Strangelove Ventures, Maven 11, Hypersphere, Chorus One, GSR, C2X, Crit Ventures and Merit Circle. The ...