Alchemy’s Venture Arm Wants to Align With 'Web3 Missionaries, Not Mercenaries’
The investment arm of the Web3 infrastructure giant, last valued at $10 billion, continues to find new ways to back early-stage founders. Source
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Venture
Tiger Global’s $12.7b venture down by 20%
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tiger Global Management posted a 20% loss on its $12.7 billion venture capital fund at the end of 2022. The news came up shortly after The Wall Street Journal reported that the company had brought down its
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Gaming Tech Company Razer Introduces Web3 Venture Fund
Called zVentures Web3 Incubator (ZW3I), the fund will identify and invest in promising early-stage Web3 gaming projects. Using its expertise and network, it will focus on enhancing the gamer experience through games that are fun to play, provide a sound roadmap and are backed by an established team. Original Source
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Venture Capital Bitkraft Raises $220.6M for Second 'Token' Fund: Filing
The firm didn’t comment on whether the fund has a Web3 angle, but did outline their crypto investment strategy. Original Source
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The next hub for Bitcoin, crypto adoption and venture capital?
The cryptocurrency space has no shortage of skeptics. While many people criticize the environmental impact of proof-of-work blockchains or the proliferation of scams, one particular argument against crypto often stands out: Blockchain has no real use cases. Every two weeks, Cryptox’s The Agenda podcast breaks down this critique and explores the
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Venture capitalists bail on Zipmex bailout, company warns of consequences: Report
Cryptocurrency exchange Zipmex has reportedly not received the latest payment under its buyout agreement with venture capital firm V Venture. The exchange has sent a letter to the firm warning that it will have to begin liquidating one of its units without that money.The $1.25 million payment was intended to
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JPMorgan to Acquire Leading Data Platform Aumni in Venture Capital Service Push
Financial powerhouse JPMorgan will acquire Aumni for the data platform’s value at its last fundraising in 2021. Banking giant JPMorgan appears set to acquire leading venture and private markets investment data platform Aumni. Yesterday, the New York-based multinational financial services company announced a definitive purchase agreement with Aumni. Although JPMorgan did not disclose
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Africa-Focused Venture Capital Firm Echovc Launches Blockchain Fund – Africa Bitcoin News
The Africa-focused venture capital (VC) firm, Echovc, has launched a fund that seeks to support blockchain startups on the continent. While global blockchain funding has been on a decline over the past year, Echovc founder Eghosa Omoigui claimed that investing now enables the VC to get in “at lower entry
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Venture Capital Firm 8VC Secures $880M with Mission to ‘Fix a Broken World’
8VC has been investing in diverse businesses and companies from sectors such as life sciences, logistics, IT infrastructure, financial services, government and defense, consumer, and enterprise. 8VC, the Austin-based venture capital firm led by Palantir founder Joe Lonsdale, has raised a staggering $880 million in its fifth funding round. This
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Hosts of Bankless Podcast Raising $35M Crypto Venture Fund: Sources
The fund, planned as a separate legal entity from the Bankless podcast, will nonetheless share its brand and likely enjoy the clout of one of the better-known content platforms in crypto media. One venture capital source said the combo of platform and investing arm would mean “incredible deal flow” for
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