Funding

Babylon led the pack of funding announcements alongside OpenSocial, Aperture and Scrypt

Big deals this week include Web3 social media platform Farcaster’s fundraise of $150 million in a Series A led by Paradigm

Paradigm led the permissionless social media protocol’s fundraise just months after the launch of Frames

Humanity Protocol also announced a $30 million round, giving the Worldcoin competitor a $1 billion valuation

The 501(c)(4) nonprofit organization has not yet filed any disclosures, but noted plans to support two Democrats and three Republicans in Congressional races

Plus, zk startup Lagrange scores $13.2 million and an agricultural tokenization protocol announces funding

Ex Revolut executive received $6.5 million from investors to create hybrid exchange x10

Plus, Puffer joins the restaking round club and a Bitcoin Runes DEX announces seed funding

While crypto fundraising remains well off its bull market highs, Q1 data shows capital is returning to the space

The firm raised the funds for the American Dynamism, Apps, Games, Infrastructure and Growth ventures, a post said

Plus, a Dragonfly partner shares his view on the crypto VC market, and a mining hardware firm raises $80 million

Paradigm is taking advantage of the bull market to raise a new fund, Bloomberg reported

Plus, Web3 gaming saw a slew of investments and an AI agent platform announced a round

Plus, derivatives are growing in popularity, and a16z Crypto has a new way for LPs to invest

The funding round was led by a16z crypto, and will be used by the team to continue product development and team scaling
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