Funding
Meanwhile, a16z announced its first raise for a decentralized science (DeSci) project
Wynd Labs CEO Andrej Radonjic explains why Grass is open-sourcing “valuable” AI data
MagicBlock is using ephemeral rollups to develop a gaming engine that lets video games run fully onchain
A series of raises were announced as 21 projects gear up to take part in a16z’s CSX
Plus, the rise and fall of Friend.tech
A fund co-founded by Alan Howard’s son and 10T veterans launched alongside a generalist fund with Notation Capital co-founder Nick Chirls as a general partner
Space and Time Labs and Edge Matrix topped this week’s funding announcements with raises of $20 million each
Aya Miyaguchi, executive director of the EF, emphasized that the transfer was routine treasury management and not indicative of a sale
An IP blockchain and a cryptography firm walk into a bar… just kidding, they both announced substantial raises this week, topping $110 million combined
Plus, how crypto’s professor coins stack up to the rest of the market
Diogo Mónica sits down with Blockworks to chat about the $55 million round for Chaos Labs that he led for Haun Ventures
In total, crypto firms raised nearly $3 billion over 503 deals, but the deal value was still down 11% year to date, per PitchBook data
Candles are red, and we’re trying to stay calm
SOL surged over the weekend, following the bullish events at the Bitcoin 2024 conference
Nirvana Labs said its revenue has increased 650% this year, and has raised $5.7 million across rounds
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