Alluvial, the company that is supporting the development of the Liquid Collective, raised a $12 million Series A round co-led by Ethereal Ventures and Variant. The Liquid Collective is a liquid staking protocol, and somewhat of a competitor to Lido, but with an institutional focus (Ruceto published a deep dive investor report on Lido here). …
Shardeum, an upcoming EVM-based L1 that uses “dynamic state sharding” to achieve scalability, raised a $5 million in a strategic round at a valuation of $248 million. This follows the company’s $18.2 million seed round in October 2022 at a $200 million valuation. Sharding refers to a technique where a blockchain network is split into …
Venture Trotter Weekly Review: A Unique Take on Sharding Read More »
There has been much fanfare recently over signs that crypto assets are gradually making their way into TradFi financial products (see: Fidelity’s spot ETF filing for Bitcoin, and HSBC allowing Hong Kong Customers to trade Bitcoin and Ethereum futures ETFs). While moves like these may bring a substantial amount of new capital into crypto assets, …
Venture Trotter Weekly Review: Bringing Real World Assets On-Chain Read More »
Neutron, a cross-chain smart contract platform built on Cosmos, raised $10M in a Seed Round led by Binance Labs and CoinFund, with participation from Delphi Ventures, LongHash Ventures, Semantic Ventures, and Nomad Capital. This follows Neutron’s mainnet launch in May 2023. Neutron uses CosmWasm to bring smart contracts to Cosmos. The blockchain benefits from Interchain …
Venture Trotter Weekly Review: A Boost for Developers in the Cosmos Ecosystem Read More »
Gensyn, a blockchain-based marketplace for compute power to train machine learning models, raised $43M in a round led by a16z. Gensyn aims to enable startups to compete against major tech companies with large data centers and substantial computing power in the AI arms race. Per a16z, “By tapping into the long tail of idle, machine-learning-capable …
Venture Trotter Weekly Review: Using Web3 to Level the Playing Field in the AI Arms Race Read More »
Taiko Labs, a Type 1 zkEVM Rollup solution that scales the Ethereum blockchain (makes transactions faster with lower gas fees), raised $22M over two rounds. Sequoia China led the $10M round that closed in Q3 2022, and Generative Ventures led the more recent $12M round. The company also announced that their Alpha-3 testnet is live. …
Venture Trotter Weekly Review: Week Ending June 9, 2023 Read More »
Ruceto tracked over $153 million in institutional investments into crypto or web3 companies last week. Covered investments include Anoma, Illuvium, Orbofi and various others. Links to the target company website, investment announcement, and token info are provided via hyperlinks on the Target Name, $ Raised, and Token columns respectively. Target Name $ Raised Lead Investors …
Venture Trotter Weekly Review: Week Ending June 2, 2023 Read More »
Ruceto tracked over $164.4 million in institutional investments into crypto or Web3 companies last week. Covered investments include Worldcoin, Lab Dao, Pomerium, Burgercities and various others. Links to the target company website, investment announcement, and token info are provided via hyperlinks on the Target Name, $ Raised, and Token columns respectively. Target Name $ Raised …
Venture Trotter Weekly Review: Week Ending May 26, 2023 Read More »
Ruceto tracked over $205 million in institutional investments into crypto or web3 companies last week. Covered investments include Jia, Asymmetry finance, AiONE and various others. Links to the target company website, investment announcement, and token info are provided via hyperlinks on the Target Name, $ Raised, and Token columns respectively. Target Name $ Raised Lead …
Venture Trotter Weekly Review: Week Ending May 19, 2023 Read More »
Ruceto tracked over $53 million in institutional investments into crypto or web3 companies last week. Covered investments include Pudgy Penguins, Odsy Network, Artifact Labs, Artizen, and various others. Links to the target company website, investment announcement, and token info are provided via hyperlinks on the Target Name, $ Raised, and Token columns respectively. Target Name …
Venture Trotter Weekly Review: Week Ending May 12, 2023 Read More »
Ruceto tracked over $65.7 million in institutional investments into crypto or web3 companies last week. Covered investments include FARE Protocol, Nolus, and various others. Links to the target company website, investment announcement, and token info are provided via hyperlinks on the Target Name, $ Raised, and Token columns respectively. Target Name $ Raised Lead Investors …
Venture Trotter Weekly Review: Week Ending May 5, 2023 Read More »
Ruceto tracked over $138 million in institutional investments into crypto or web3 companies last week. Covered investments include Izumi, Thetanuts, Fetch.ai, Giddy, Flappy Moonbird, Aki Protocol, and various others. Links to the target company website, investment announcement, and token info are provided via hyperlinks on the Target Name, $ Raised, and Token columns respectively. Target …
Venture Trotter Weekly Review: Week Ending April 28, 2023 Read More »
The Venture Trotter tracks the flow of institutional capital into crypto projects,
so you can keep up with the latest innovations in Web3.
