Funding
Multicoin Raises New $430M Web3 Fund
The fund will make investments in web3 infrastructure, DAOs and DAO tooling, consumer products, new IP-based business models, and creator monetization.
Illuvium Raises $72M From Land Sale Despite GameFi Bear Market
19,969 plots were sold via dutch auctions from June 2 through June 5.
a16z Raises $4.5 Billion For Its Largest-Ever Crypto Fund
Web3 gaming, DeFi, zero-knowledge proofs, decentralized social media, self-sovereign identity and layer 1 and 2 infrastructure are among the fund’s areas of focus.
Gumi Cryptos Launches Fund to Back 50 Web3 Startups
Latest Raise is Yet Another Bullish Sign for Web3
UkraineDAO Raises $7M and Builds Global Network of Supporters, Says Co-Founder Alona
Alona, a co-founder of UkraineDAO, told The Defiant the group is rapidly building a global network of supporters for the embattled nation.
Electric Capital Plays the Long Game with $1B for Two Funds Targeting Tokens and Equity Stakes
Electric Capital unveiled $1B for two funds that will support blockchain projects with investments in equity and tokens.
Pussy Riot Helps Newly Formed UkraineDAO Mobilize Support and Raise Funds Via NFTs
Pussy Riot has helped form UkraineDAO to provide support to embattled Ukrainians.
Blockchain Teams in Ukraine Struggle and Galvanize as Russia Invades Their Country
Blockchain development teams in Ukraine are struggling to stay safe and complete their projects.
Gitcoin Revives Debate Over Quadratic Funding with New Dev Protocol
Gitcoin's new quadratic funding offering is stimulating fresh debate about the novel mechanism.
TradFi Billionaires Bet Livepeer's DeFi Streaming Model Can Disrupt YouTube
In its bid to disrupt YouTube, Livepeer raised $20M in its latest round from Wall Street heavyweights.
