VC Roundup: Gaming, crypto fintech and blockchain infrastructure dominate enterprise capital rounds
Cryptocurrency markets stay caught in a macro-based downtrend, with (BTC) and Ether (ETH) displaying additional indicators of weak point on the finish of April. But, enterprise capital exercise within the crypto and blockchain sectors is the strongest it has ever been, providing additional proof that main traders are trying past rapid value motion and ignoring divisive bull/bear narratives. The newest version of VC Roundup highlights the rising pleasure surrounding Web3 gaming, decentralized finance (DeFi) and blockchain infrastructure.
The first quarter of 2022 was brutal for crypto costs, however enterprise capital exercise was the strongest ever.
bloXroute secures $70M from main traders
Blockchain distribution community supplier bloXroute has raised $70 million in funding to proceed creating scalable infrastructure companies for the cryptocurrency and DeFi industries. The Series B funding spherical was led by SoftBank Vision Fund 2, with participation from Dragonfly Capital, Jane Street, ParaFi Capital, Blindspot, GSR and others. The firm lately launched its Blockchain Distribution Network, which is alleged to beat community congestion to supply customers with dependable details about purchase and promote orders.
HBAR Foundation launches $50M fintech innovation fund
Crypto trade heavyweights again decentralized enterprise studio
a16z leads $34M Spruce elevate
Gaming trade veterans elevate capital for Web3 studio
GamerGains closes $5.8M seed spherical backed by Winklevoss Capital
Blockchain developer Venly raises $23M
Oasis.app secures $6M Series A funding spherical
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