Lemniscap secures $70M to back early-stage Web3 startups
The new fund will back startups working on blockchain-based solutions, including zero-knowledge infrastructure and emerging Bitcoin ecosystems. Go to Source
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Gameplay Galaxy raises $24M seed round for Web3 gaming platform
Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million. Go to Source
Fetch.ai launches Innovation Lab with $10M fund for startups
Fetch.ai is opening an Innovation Lab in San Francisco for early-stage startups working with AI agents. Go to Source
UK risks quantum startup exodus after Labour slashes incentives
A study from August 2023 suggested there were more than 50 UK-based quantum technology startups. Go to Source
PIP Labs secures $80M for Story Protocol, valuation hits $2.25B
Story Protocol’s Series B was co-led by a16z Crypto and Polychain Capital. The funds were targeted at developing its layer-1 blockchain, designed for intellectual property tokenization. Go to Source
California AI bill under scrutiny by US policymakers
Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies. Go to Source
VC Roundup: Crypto fundraising grows, but investors are more wary
This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge. Go to Source
Haun Ventures backs Chaos Labs with $55M Series A funding
Other investors in the round include PayPal, Lightspeed, Galaxy Ventures, Wintermute, F-Prime Capital, Slow Ventures, and The Spartan Group. Go to Source
New DeFi protocol Nudge aims to unlock hidden value in users’ wallets
Nudge seeks to unleash a new DeFi primitive called Re: allocation Value. Go to Source
Sahara AI secures $43M to develop collaborative, decentralized AI platform
Sahara AI’s funding round was led by Pantera Capital, Binance Labs and Polychain Capital, with participation from Samsung and Matrix Partners, among other investors. Go to Source
