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Certora Announces $36 million Series B funding round led by Jump Crypto

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Certora, an Israel-based company that provides security analysis tools for smart contracts, announced it has raised $36 million in a Series B round led by Jump Crypto. The round featured participation from Tiger Global, Galaxy Digital and existing Series A investors, including Electric Capital, ACapital, Framework Ventures, Coinfund, Lemniscap, Coinbase and VMware, according to a statement on Tuesday. Certora enables smart contract developers to detect mistakes before deploying code post audits. DeFi protocols including Aave, Balancer, Compound Finance, MakerDao, Sushi and others use Certora to protect …

Web3 development platform Moralis reels in $40 million in Series A

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Web3 development platform Moralis said on Wednesday that it has snagged $40 million in a Series A funding round.  Investors in the platform, which launched last June, include EQT Ventures, Fabric Ventures, Coinbase Ventures and Dispersion Capital, among other angels.  The Stockholm-based business, which provides infrastructure for developers to build and launch apps, games and NFTs cross-chain, said in a release that it will use the money for product development, improving user experience and scaling to both increase its client …

Bitcoin self-custody company Casa raises $21 million in Series A, launches new API

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Bitcoin self-custody company Casa raised $21 million in its Series A round, the company announced today. The round was led by Acrew Capital, with participation from previous investors Avon Ventures, Stillmark, Tioga Capital, Castle Island Ventures and Lerer Hippeau. New investors also joined the round, including Positive Sum Ventures, AngelList CEO Naval Ravikant and Adobe Chief Product Officer Scott Belsky. The US-based company, which specializes in building self-custody wallets, has also announced a new Application Programming Interface (API), a tool that …

Amber Group is raising again after securing $200 million in February

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Crypto trading platform Amber Group is seeking fresh funding just a few months after topping up its coffers with $200 million. Two people with direct knowledge of the situation told The Block that the deal would likely value the Singapore-based startup at up to $8 billion. One of those sources said the final valuation is likely to be between $5 billion and $8 billion. Bloomberg was first to report news of the fundraising, saying that the round would value Amber …

LimeWire raises $10 million in private token sale to grow music-linked NFT platform

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LimeWire has raised $10.4 million in a private token sale led by Kraken Ventures, Arrington Capital and GSR as it builds its platform for music-focused NFTs.  News of the fundraise, unveiled on Thursday, comes a little over a month after the company announced it was plotting a comeback. LimeWire originally gained notoriety in the 2000s as a place to download music and other files outside of mainstream channels. But, aside from the name and branding, the business proposition for LimeWire …

Blockchain analytics company Flipside Crypto raises $50 million

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Flipside Crypto, which provides blockchain analytics and business intelligence to crypto companies, has raised $50 million at a $350 million valuation. The round was led by Republic Capital. Other investors included True Ventures, Galaxy, Terra, Dapper Labs, M13 and Blockchain Coinvestors. Flipside analyzes blockchain networks through a process it calls “chainwalking” to gain insight into the impact of on- and off-chain activities on holders, miners, voters and token holders. This data is curated and made freely available to analysts. Flipside …

Crypto funds Dialectic and Seven Seven Six back Bionic’s ‘Forgotten Runiverse’ fundraise

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Game developer and publisher Bisonic Inc. and Magic Machine said on Wednesday they have closed a funding round for land tokens that will exist in the upcoming massive multiplayer online role-playing game Forgotten Runiverse. Swiss crypto fund Dialectic — founded and directed by Ryan Zurrer, the recent buyer of Beeple’s Human One sculpture — is leading the  private land sale, Bisonic said in a release. Seven Seven Six, founded by Reddit co-founder Alexis Ohanian, also joined the initial investment round, alongside …

Loyalty rewards startup Glow Labs raises $4.1 million in seed round

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Glow Labs, a white label software on the blockchain that lets creators and brands reward their most loyal customers, announced it has raised $4.1 million in seed funding. The round was led by Harlem Capital, co-founders Annie Reardon and Renee Russo told The Block. Kirsten Green of Forerunner Ventures, Anu Duggal of Female Founders Fund, Drew Austin of Red Beard Ventures, and Heather Harnett of Human Ventures also participated.   Co-CEOs Reardon and Russo founded Glow Labs in November 2021. They were …

Middle East’s largest alternative asset manager starts raising blockchain fund

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The Middle East’s largest alternative asset manager is raising a new fund for investing in startups developing blockchain technology.  According to a post on Investcorp Holdings’ website today, the eLydian Lion fund will be based in Abu Dhabi and will have a global investment mandate. Investcorp is Bahrain-based.  The fund will enable investors to gain early exposure to the rapid growth of the blockchain ecosystem, the post said. It will mainly back early-stage companies operating in areas such as blockchain …

Pantera Capital sets out stall to raise new $200 million fund

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Quick Take Pantera Capital is raising a new fund, targeting a close of $200 million.  The crypto-focused investment firm has already locked in three deals.  Crypto-focused investment firm Pantera Capital is raising a new fund, targeting a $200 million close at the start of May.   Dubbed the Pantera Select Fund, it will aim to help its limited partners gain exposure to three growth-stage deals, which it has already locked in, plus seven to nine others over the course of the …