A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity in North America and Europe is being offset by a surge in […]
Solv Protocol Raises $25M in Total Funding to Drive Bitcoin Staking Adoption, Potentially Unlocking $330B in Value
Solv Protocol has raised $ 11 million in a strategic funding round, bringing its total funding to $ 25 million at a valuation of $ 200 million. This capital will advance the company’s mission to revolutionize Bitcoin staking through its Staking Abstraction Layer (SAL). The funding round attracted participation from prominent investors, …
Ugandan Fintech Firm Gets Funding From Dutch Impact Investor
Ugandan fintech firm Agent Banking Company (ABC) receives undisclosed investment from Dutch impact investor Goodwell Investments. The funding, part of Goodwell’s $ 167M African startup fund, will expand ABC’s customer base, agent coverage, and services. CEO Richard Jabel says the investment will enhance financial inclusion and services accessibility via mobile phones, agents, and merchants. …
Patchstack Secures $5M in Series A Funding
Patchstack, a leading WordPress security company, recently raised $ 5 million in its Series A funding round. The funding round was led by Karma Ventures, G+D Ventures, and Emilia Capital, an investment firm backed by Yoast founders Marieke van de Rakt and Joost de Valk. “With the Series A, we plan …
Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security
Hypernative has successfully secured $ 16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing its artificial intelligence (AI)-driven security solutions tailored for the Web3 ecosystem. Hypernative Garners $ 16M Funding to Fortify Web3 Security With AI …