Tag: Venture Capital

Foresight Ventures partner Tony Cheng said that most of the narratives like layer-2 solutions, zero-knowledge tech and nonfungible tokens have already “played out.” Compared to 2022, where the first and second quarters of the year saw a combined $20.3 billion flow into the space through venture capital funding, 2023 has been significantly lacking. Venture capital…

Alternative funding options, such as grant programs, have grown in popularity as the bear market continues to slash venture capital investments in the crypto industry. As the bear market keeps slashing venture capital investments in the crypto industry, alternative funding options, such as grants, have been gaining traction as a means of supporting the community…

The AI metaverse company raised $54 million in a Series A round in July. Shara Senderoff and Aaron McDonald, co-founders of artificial intelligence and metaverse company Futureverse, have launched a new $50 million venture fund and studio. According to an Aug. 3 announcement, the fund is dubbed “Born Ready” and will invest in emerging technology ventures possessing…

US-based crypto startups attracted 45% of all VC funding invested in the industry, followed by the United Kingdom claiming 7.7% of capital investment and Singapore with 5.7%. Amid crypto firms facing regulatory scrutiny in the United States, it hasn’t stopped innovation, as almost half of all capital investments flocked to U.S. crypto businesses, according to…

Venture capitalists have favored ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors. nitial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant toward non-Bitcoin investments by venture capitalists (VCs) over the past five years. Blockstream CEO Adam Back highlighted the…

Crunchbase noted that while it has been a bearish start for Web3 start-up funding in 2023, “venture funding is down in almost every sector.” According to data from Crunchbase, venture capital (VC) funding into Web3 start-ups tanked 82% year-over-year (YoY), declining from $9.1 billion in Q1 2022 to $1.7 billion in Q1 2023. Crunchbase News…