The cryptocurrency industry is attracting an increasing number of institutional players. This is evidenced by new investments in infrastructure, and the increasing attention that companies are paying to bitcoin as an asset class. The most important events of recent weeks are in the ForkLog review.
Startup NPC Labs has raised $21 million from Pantera Capital
The Web3 gaming startup NPC Labs has closed the pre-sowing and seed rounds of financing totaling $21 million. This is reported by The Block.
The latest round was led by the venture capital firm Pantera Capital with the participation of Hashed, Makers Fund, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital and Mantle EcoFund.
The company was founded by three former employees of the Coinbase cryptocurrency exchange in April 2024. NPC Labs intends to expand the implementation of on-chain gaming through the B3.fun L3 ecosystem based on the Base network.
At the time of writing, B3.fun is running on the testnet. The launch of the main network is scheduled for a "later date". The decision to issue its own token has not yet been made.
Allium blockchain platform has raised $16.5 million
Allium, the corporate blockchain data platform, has closed a Series A funding round in the amount of $16.5 million.
Exciting news: we’ve raised $16.5M in our Series A, bringing our total to $21.5M! Thank you to our investors @Theoryvc, @kleinerperkins, & @Amplify, among others.
This industry is still young and we have ways to go, read about our next chapter here: https://t.co/PEk2QQzDQz pic.twitter.com/pzh1odomKw
It was headed by the venture capital firm Theory Ventures with the participation of Kleiner Perkins and Amplify Partners. The platform has collaborated with Visa, Wormhole and Jito Labs.
Allium helps to track the patterns of on-chain processes in real time. The platform covers 23 blockchains using the Allium Explorer and Allium Developer APIs.
The company also offers tools for tracking data on trading on decentralized exchanges, non-interchangeable tokens and stablecoins, as well as accounting and auditing services.
Peter Thiel Foundation supports Caldera in $15 million round
The Caldera developer platform has closed a $15 million Series A funding round.
It was headed by the venture fund Founders Fund of billionaire Peter Thiel with the participation of Dragonfly, Sequoia Capital, Arkstream Capital, Lattice and other investors.
Caldera is a Rollup-as-a-Service platform that helps developers quickly launch their own networks for applications based on Optimism, ZKsync, Arbitrum and Polygon.
The funds raised will be used to create a Metalayer solution to combine the ecosystem of the second and third levels.
Bitlayer's L2 network raised $11 million at a valuation of $300 million
The second-tier bitcoin-based Bitlayer solution has closed a Series A funding round worth $11 million.
\"ETF issuer Franklin Templeton leads $11 million Series A into Bitlayer in bid to scale Bitcoin network\"https://t.co/BJ3RcaTaMY
— Bitlayer (@BitlayerLabs) July 23, 2024It was led by Franklin Templeton and ABCDE with the participation of Framework Ventures, Stake Capital Group, WAGMI Ventures, Flow Traders, GSR Ventures and FalconX. The project's valuation has reached $300 million, according to The Block.
The Bitlayer team intends to scale the bitcoin ecosystem by "ensuring security, performance and low-cost transactions."
The funds raised will be used to support protocols based on the L2 network.
Galaxy Asset Management has raised $113 million for a new crypto fund
Galaxy Asset Management has raised $113 million for the new cryptocurrency venture fund Galaxy Ventures Fund I LP. This is reported by Bloomberg with reference to the company's statement.
The fund invests in early-stage startups focused on software and infrastructure for the crypto industry, as well as financial applications.
In 2025, Galaxy Ventures Fund I LP intends to increase the amount raised to $150 million to support about 30 projects. The fund has already invested in Ethena, Monad and Plume.
Galaxy Ventures invests between $30 million and $50 million of its own funds annually in various cryptocurrency startups focused on infrastructure, DeFi and payments.
Mira's AI Crypto Startup Has Raised $9 Million
Mira, a cryptocurrency startup focused on the field of artificial intelligence, has closed a seed round of financing in the amount of $ 9 million. This is reported by The Block.
It was led by Bitkraft Ventures and Framework Ventures with the participation of Accel, Mechanism Capital, Folius Ventures and SALT Fund.
Mira is working on a decentralized AI infrastructure platform that will help developers create AI applications quickly.
There are 25 people working on the startup in Singapore. The funds raised will be used, among other things, to expand the team.
In the future, Mira intends to launch its own blockchain to record all transactions of the platform.
Also on ForkLog:
The Open Platform and Binance Labs have invested in the developer of the Catizen mini-game.Canadian AI startup Cohere was valued at $5.5 billion.