Nillion network raises $25M for decentralized privacy solutions
Since its graduation from an accelerator in January 2023, privacy solution Nillion has raised a total of $50 million. Go to Source
Funding
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Sequoia to make $100M windfall from Stripe’s Bridge acquisition: Report
Sequoia Capital owns 16% of Bridge, which is set to be acquired by payments platform Stripe for $1.1 billion. Go to Source
Fireblocks launches $1M grant program to boost PYUSD developer adoption
As part of the program, developers can apply for up to $60,000 in grant funding to support their projects. Go to Source
AI startups draw record $11.8B funding in Q3
According to Stocklytics, AI startups accounted for 30% of total venture capital funding in the third quarter of 2024. Go to Source
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated in a memo sent to employees last month. … Read more
Blockchain music startup Tune.fm raises $50M from Global Emerging Markets
The fresh capital brings Tune.fm’s total funding to $80 million. The funds will be used to reward artists and users within the platform. Go to Source
OpenAI fundraising could push valuation to $150B
As fundraising unfolds, OpenAI’s valuation is expected to reach $150 billion. Several tech giants, including Apple and Nvidia, are reportedly backing the round. Go to Source
Ex-OpenAI chief scientist raises $1B for startup with only 10 employees
Safe Superintelligence reportedly raised the funds at a valuation of $5 billion. Go to Source
Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security
Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing its artificial intelligence (AI)-driven security solutions tailored for the Web3 ecosystem. Hypernative Garners $16M Funding to Fortify Web3 Security With AI Solutions In a blog … Read more
Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain
Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between artificial intelligence (AI) and blockchain technology. Space and Time … Read more
