Paradigm secures $200M for Monad Labs at $3B valuation
TLDR: Monad Labs aims to raise $200 million at a $3 billion valuation, led by Paradigm. If successful, this would be the largest crypto fundraising event of 2024 so far. Monad Labs
Introducing Peak XV’s new permanent investment vehicle with fund partners
TLDR: – Peak XV Partners, formerly known as Sequoia Capital India, is launching a permanent investment vehicle backed by its internal pool of capital. – The Peak XV Anchor Fund will allow
Empowering startups by black tech leaders with $50M funding
TLDR: Black Tech Nation Ventures closed a $50 million inaugural fund to support startups with marginalized founders. The venture firm aims to bring companies to Pittsburgh and support underrepresented entrepreneurs. Black Tech
Introducing Peak XV’s Revolutionary Perpetual Fund with Partner Backing
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Ada Ventures Raises Impressive £63M Fund for Inclusive Investing
TLDR: Ada Ventures closes oversubscribed £63 million second fund from institutional LPs. Fund II pioneers an ‘Inclusive Alpha®’ approach, focusing on inclusion and diversity in investments. Today Ada Ventures closed an oversubscribed
Securing $6M to Elevate NFTfi Platform
TLDR: NFTfi, a platform focused on NFT lending and borrowing, secures $6 million in Series A funding. Investors include Placeholder VC, Maven 11, and other institutional investors. NFTfi, a non-fungible token platform,
Ocient secures an impressive $494M in funding boost
TLDR: Ocient Raises $49.4M in Funding Ocient, a data analytics software solutions company based in Chicago, raised $49.4M in funding The round was led by Greycroft and OCA Ventures, with participation from
Bitcoin’s Impact: Making El Salvador One of World’s Wealthiest Nations
TLDR: Tim Draper believes Bitcoin will transform El Salvador into one of the richest countries in the world. El Salvador recently made Bitcoin legal tender. Renowned venture capitalist Tim Draper has expressed
Ada Ventures raises £63mn fund for ‘Inclusive Alpha’ initiative
TLDR: Ada Ventures secures £63mn for ‘Inclusive Alpha’ fund The fund focuses on diversity and inclusion, with a portfolio 14x more diverse than the UK average venture fund. Ada Ventures, a UK-based
Ada Ventures secures £63m to support impact-driven startups
TLDR Ada Ventures has closed a £63m investment fund to support impact startups targeting diverse areas such as climate equity and economic empowerment. The fund will focus on making between 10 and