Startups

Andreessen Horowitz (a16z) just released an omnibus list of “big ideas” tech builders may tackle in the year ahead, according to various a16z domain partners spotlighting a big idea that startups in their fields may tackle in 2023. The list spans everything from consumer tech and games to enterprise and AI to fintech and of…

Top investment deals across the crypto sector over the last week (Sept. 24–30, 2022): Deribit raises $40 million from existing investors at a $400 million valuation Deribit, the largest Bitcoin options exchange by market share, has raised funds from existing investors at a $400 million valuation, The Block reported. The Panama-based exchange raised around $40…

Top investment deals across the crypto sector over the last week (Sept. 10–16, 2022): VC firm Bloccelerate is raising $100 million for its second crypto-focused fund Venture capital firm Bloccelerate is looking to raise $100 million for its second fund, according to a filing with the US SEC on Sept. 9. The Bloccelerate VC Fund…

Strike, the leading blockchain-based startup, entered into a collaboration with financial giant Visa Inc. to offer crypto rewards through its new crypto card. The startup also said that access to the card could be granted by joining a waitlist. Digital currency-based payment protocol Strike, built on the Lightning Network, has announced the launch of a…

Machankura, the South African SMS-based service named after the local slang word “money,” is bridging the gap between Bitcoin and people without internet access. Kgothatso Ngako, the developer of the service, believes that due to this new technology, people in Africa will be able to receive and spend Bitcoin without the need for an internet…

Crypto venture investment firm Variant has raised $450 million across two new funds targeting the Web3 and decentralized finance market, which include $300 million for a so-called opportunity fund and $150 million to invest in nascent startups. According to Thursday’s announcement, the company raised $300 million for a so-called opportunity fund as well as a…