Kyt Dotson
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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 ...
Web3 hackathon startup DoraHacks raises $20M led by FTX and Liberty City
DoraHacks, a Web3 hackathon organizer and developer incentive platform, announced Wednesday that it has raised $20 million in new funding led by FTX ventures and Liberty City Ventures to fund further workshops and grants for developers. The Series B1 round was also joined by Circle Ventures, Gemini Frontier Fund, Sky9 Capital, Crypto.com Capital and Amber ...
Fireblocks unveils Web3 Engine to support DeFi and NFT apps
The cryptocurrency custody firm Fireblocks Inc. today announced the launch of its Web3 Engine, a software developer kit that will allow companies to create app infrastructure for nonfungible tokens, decentralized gaming and finance. The Fireblocks platform allows small, large and enterprise firms to securely accept and manage crypto assets such as cryptocurrencies and NFTs, which ...
Elwood Technologies crypto trading platform raises $70M
Elwood Technologies, an institutional crypto asset trading platform founded by billionaire British hedge fund manager Alan Howard, today announced a new funding round co-led by Goldman Sachs and Dawn Capital. The Series A round was joined by the crypto-friendly German bank Commerzbank, Galaxy Digital Ventures, BlockFi Ventures, Digital Currency Group, Flow Traders and British multinational ...
Solidus Labs raises $45M to protect companies against crypto risks
Solidus Labs, a startup focusing on risk monitoring for cryptocurrency assets, announced Thursday that it has raised $45 million in new funding to invest more in its threat intelligence capabilities and research and development of risk management for decentralized finance. The Series B funding round was led by Liberty City Ventures. Additional investors participating in ...