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"The Auradine team of bold entrepreneurs are building a web infrastructure platform that will enable a new era of decentralized and distributed applications," said Chaddha, managing director at Mayfield, in the press release. "We are excited to serve as an inception investor on their journey to leverage AI, blockchain, and
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To be sure, there is a fair amount of competition in the field Rise is building its business in, with companies like Bitwage, DEEL, Request, Remote, ADP and Utopia, offering fiat and crypto payroll services through U.S.-based exchanges, mostly Coinbase (Rise is not disclosing their crypto broker for now). Some
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Like any secondary market, the platform will allow for a discount on the TBTs based on the duration of the locked-up asset. For example, a trader could bid for 3% discount on ether (ETH), that has a 10-month lock up period and the discount could change based on the time
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Webb offers a cross-chain bridge protocol that seeks to provide a new privacy standard for cross-chain applications, covering all assets, data and locations. The protocol is backed by zero-knowledge proofs, a type of cryptography that mathematically validates transactions. The startup plans to expand to offer a cross-chain messaging system that
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Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating
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The investment from a16z is a strong vote of confidence in Pinecone’s technology. California-based AI startup, Pinecone has received a $100 million investment from venture capital firm Andreessen Horowitz (a16z) in its series B funding. The round also featured ICONIQ Growth, Menlo Ventures, and Wing Venture Capital. Following the investment, the company
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Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program. As of April 25, the program now includes Web3 firms such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana and Thirdweb. The same day, blockchain analytics firm Nansen announced that it has partnered with Google Cloud to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coral, a crypto infrastructure company, has managed to bounce back from a nearly $20 million investment from FTX gone wrong. This comes after it had been wiped out in September 2022, just six weeks after FTX invested
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The company, a member of a16z’s Crypto Startup School, aims to create a security standard across Web3 projects through its API, Discord Bot and certification program. Source
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Mehta, a former Google software engineer, didn’t elaborate on what his startup idea is, but he’s no stranger to the startup world. In 2013 Mehta launched Outbound, a messaging platform that raised $2.2 million and was eventually acquired by Zendesk in 2017. Source
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