Web3 venture funding stabilizes after rocky 2023 – Crunchbase
Large funding rounds are still few and far between in Web3, according to Crunchbase. Go to Source
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European Investment Bank calls for more ‘innovation’ financing in EU
A new European Investment Bank report highlights the need for increased innovation financing in the EU to maintain tech leadership and compete globally in key sectors like AI and emerging technologies. Go to Source
Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more
This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more. Go to Source
Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report
In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America’s share of blockchain funding ranks below Africa’s share. The continent achieved an all-time high in blockchain venture funding deal share, accounting for 6.4% of all venture funding and 12.5% … Read more
Outlier Ventures, Morgan Creek Digital launch Web3 Latam accelerator program
The selected teams will receive investment funding and mentorship. The 12-week virtual program includes support in English, Spanish, and Portuguese. Go to Source
Menlo Ventures launches $100M AI startup accelerator with Anthropic
Dek: The partnership comes as Menlo Ventures continues to build out its AI portfolio. Go to Source
VC Roundup: Venture firms push Web3 forward despite macro headwinds
This edition of Cointelegraph’s VC Roundup features Mira, Astria, Compute Labs, BOB, Dora and BITKRAFT Ventures. Go to Source
Pixelverse Raises $2 Million, Totals $7.5 Million in Private Funding
Pixelverse, a Web3 gaming ecosystem, has secured an additional $2 million in funding, bringing its total private round to $7.5 million. This funding was provided by several Web3 venture capital firms and prominent angel investors. Web3 Gaming Platform Pixelverse Secures $2M in Latest Funding Round Galaxy Interactive, Crit Ventures, and Arc Community contributed to the … Read more
$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours
Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from Founders Fund, Framework Ventures, and Pantera Capital. Four-Day Funding Frenzy In the initial … Read more
Billionaire Peter Thiel Remains a Bitcoin Holder but Questions Its Future Value
According to American entrepreneur, venture capitalist, and political activist Peter Thiel, he still holds bitcoin (BTC) but is uncertain about the future value of the cryptocurrency. Peter Thiel Talks Bitcoin: A Holder With Cautious Optimism Peter Thiel, the renowned billionaire and co-founder of Paypal, Palantir Technologies, and Founders Fund, shared his thoughts on bitcoin (BTC) … Read more