PRESS RELEASE. HONG KONG —February 26, 2024 – QED, the world’s first zk-Native blockchain protocol, announced today it has raised $ 3 million in a funding round led by Arrington Capital with participation from several prominent venture capital firms and companies including Paper Ventures, Starkware Draper Dragon, Blockchain Builders Fund, Lbk Labs, Valhalla Capital, …
Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $ 100 million investment from A16z Crypto. This substantial funding comes after the project’s $ 50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen Labs, Garners $ 100M from A16z Crypto Eigen Labs has …
Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB
Startale Labs disclosed this week that it has garnered an additional $ 3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $ 7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags $ 3.5M Capital Injection From UOB …
Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program
On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $ 16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program to bolster the presence and market dominance of cross-chain initiatives. …
Axiom Secures $20 Million in Series A Funding Round
Axiom announced a $ 20 million Series A funding round led by Paradigm and Standard Crypto. The company’s approach uses zero-knowledge cryptography to provide a more efficient and cost-effective method for smart contract developers to access and use on-chain data. Axiom Secures $ 20 Million in Series A Funding to Enhance Smart Contract …