Wednesday, April 17, 2024
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Lightspeed Faction Unveils $285M Venture Fund for Blockchain Startups

With the launch of the $285 million investment fund, Lightspeed Faction aims to be a collaborative partner, assisting projects in achieving their goals.  Lightspeed Faction, a United States-based venture capital firm, has announced the launch of a $285 million venture fund aimed at supporting blockchain projects with potential. According to an official

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Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups

Faction, a joint venture with a $25 billion asset-under-management VC firm Lightspeed Venture Partners, typically invests in seed-stage and Series A funding rounds. The firm has investments in Crossmint, Lens, Narya.ai, Skip.money and Matter Labs, the development team behind the zkSync layer-2 network atop Ethereum. Source

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‘We were worried about ecosystem startups’ — Solana CEO on FTX collapse

The now-infamous collapse of FTX sent shockwaves through the broader cryptocurrency space in 2022, but the Solana ecosystem was particularly hard hit in the fallout. Speaking exclusively to Cointelegraph at the latest edition of the Solana Breakpoint conference hosted in Amsterdam, Solana co-founder and CEO Anatoly Yakovenko recalls his concern for

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Solana Labs unveils incubator for web3 startups eyeing its network

With the initiative, early-stage projects will get fundraising and other support from the Solana Labs team. Solana Labs, the technology firm behind the Solana network, has announced the launch of a new initiative called Solana Incubator to help grow “the next great companies in the ecosystem.” 1/ Applications are now open to

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Web3 startups kick off Cointelegraph Accelerator second cohort

Cryptox Accelerator, a startup booster that leverages Cryptox’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups.Selected from over 1000 startup applications, the 16 participants of the second cohort of the Cryptox Accelerator program represent a wide array of Web3

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Third round of Cronos Accelerator now open for blockchain and AI startups

Cronos Labs has launched the third round of its $100 million accelerator program, designed to support early-stage crypto projects and promote innovation in the blockchain and artificial intelligence (AI) industries.  The program acknowledges the possibilities that arise from synergizing AI and blockchain. It provides a platform for startups focusing on these domains

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