Tag: funding

Decentralized music streaming service Tune.fm got $50 million from Global Emerging Markets, bringing its total capital raised to $80 million.

Crypto startups have managed to raise slightly more capital in 2024 Q2 compared to the first, despite a drop in the number of deals.

JPMorgan-backed firm Partior has raised $60 million in a Series B funding round as it looks to join the evolution of the digital economy

According to PitchBook, a total of 518 deals, amounting to $2.3 billion, were closed in the first quarter within the crypto market. 

According to Galaxy Digital's findings, three main categories in the crypto sector attracted the most funding in the first quarter.

Pantera Capital’s early-stage token fund has lost more than half of its value in 2022 after giving a 350% return on investment.

Succinct Labs' flagship offering, SP1, stands out as the first 100% open-source zkVM capable of rivaling custom ZK circuits in performance. 

Polygon Labs, a prominent Layer-2 firm, also participated in the funding round, as confirmed by a spokesperson for Espresso. 

Trident Digital Group, a new crypto venture started by former Coinbase Executives have inked $8 million in seed round

Hong Kong-based investment firm HashKey Group plans to raise $100-$200 million at a valuation of $1 billion.

According to the statistics, layer-2 scaling solutions that saw increased adoption in the crypto space in 2022 can maintain their momentum.