Latest VC News

  • Crypto VC Firm Assesses the ‘State of Blockchain Governance’
    Crypto VC Firm Assesses the ‘State of Blockchain Governance’
    Greenfield One, an early-stage venture capital firm, just published a comprehensive new resource on the topic of blockchain governance.
  • Public VC Funding: Stopgap or Future Solution for Blockchain Startups?
    Public VC Funding: Stopgap or Future Solution for Blockchain Startups?
    As private investors withhold seed funding from blockchain enterprises, venture capital firms armed with public funds are filling the void. Securing seed money for blockchain startups is a tricky business in normal times, but with a pandemic raging, it’s really touch-and-go.
  • Dapper Labs Raises $12M From VC Firms and NBA Players, Nets $1.2M in NFT Sales
    Dapper Labs Raises $12M From VC Firms and NBA Players, Nets $1.2M in NFT Sales
    CryptoKittes’ creator Dapper Labs has secured $12 million in investment from blockchain venture capital notables and pro-NBA players. Dapper Labs, the team behind CryptoKitties and NBA Top Shot, has secured $12 million in the latest investment round for its Flow blockchain. New investors include Coinbase Ventures, BlockTower Capital, and NBA players Andre Iguodala of Miami Heat, Spencer Dinwiddie and Garrett Temple of the Brooklyn Nets, JaVale McGee of the Los Angeles Lakers, and Aaron Gordon of the Orlando Magic. Dapper’s chief executive and founder, Roham Gharegozlou, stated that the funding will be used to “ensure that Flow can scale to the size of projects appealing to fan bases as big as the NBA.” Dapper Labs has now raised approximately $38 million in total. NBA Top Shot sees early success Dapper Labs also revealed that it has sold more than $1.2 million worth of crypto-collectibles to hundreds of early adopters on the two-month-old beta version of its NBA Top Shot platform. The game is Dapper’s flagship title built on the Flow blockchain.
  • Electric Capital’s New $110M VC Fund Is 90% Institutions
    Electric Capital’s New $110M VC Fund Is 90% Institutions
    Crypto VC firm Electric Capital has closed its second fund at $110 million.
  • As Private Seed Funds Dry Up, European Blockchain Firms Seek Public Backing
    As Private Seed Funds Dry Up, European Blockchain Firms Seek Public Backing
    Publicly-backed VC firms are stepping in where private investors retreat, according to a new report on Central and Eastern European tech investments. A Slovak blockchain startup serves as the chief example of pandemic venture capital developments in central and eastern Europe (CEE), in a new report from Reuters on July 31. In the former Eastern bloc — where venture funding hit close to $1.6 billion in 2019 —  uncertainty during the COVID-19 crisis has hit the start-up sector hard, particularly when it comes to early-stage deals. Alftins, a Slovak startup that is developing an online platform to trade digital assets, has recently secured funding from publicly-funded venture firm Crowdberry.
  • Delphi Digital Launches Venture Investment Arm
    Delphi Digital Launches Venture Investment Arm
    Crypto research and consulting Delphi Digital has launched a VC fund alongside an overhaul of its website. Digital asset research and consulting firm Delphi Digital has launched a venture capital fund focused on emerging crypto asset projects. A July 30 announcement describes the move as allowing Delphi “to become more active participants" in the projects it believes “will make a material impact on the space” while opening new opportunities for the firm beyond participating in acquisitions and initial public offerings. The VC wing has been funded primarily using internal capital, with its parent company having been “fully bootstrapped” by its founders.  The new Delphi Ventures arm will focus on “early-stage projects, a majority of which will have a token element.” The firm’s investment strategy is informed by the firm’s belief that blockchain technology “will eventually disintermediate any vertical where a network effect is captured by a centralized entity.” “We believe this represents a multi-trillion dollar opportunity that will drive the greatest wealth transfer event of the 21st century,” the firm added. In addition to deploying capital, Delphi Ventures plans on leveraging “partner time, knowledge, and networks” to maximize the performance of its investments. Delphi completes 2.0 revamp Delphi Digital also launched a newly designed website and member’s portal on July 30. New data analysis products are being offered following the Delphi 2.0 revamp, including monthly examinations of the Ethereum ecosystem, token models and crypto asset markets from a macro perspective. Delphi has also expanded its team of analysts with the opening of an office in London.
  • Former DHS chief lawyer joins crypto VC firm Paradigm
    Former DHS chief lawyer joins crypto VC firm Paradigm
    US government lawyer Gus Coldebella makes his second stop in the crypto industry after leaving Circle.
  • Ethereum uproar: mStable backtracks on early token drop for investors
    Ethereum uproar: mStable backtracks on early token drop for investors
    mStable's MTA token distribution raises the question of whether DeFi token listings are actually an improvement on VC rounds and ICOs.
  • New PwC and CV VC Report Highlights Blockchain in the Art World
    New PwC and CV VC Report Highlights Blockchain in the Art World
    Swiss blockchain investment firm CV VC and PwC released a report covering top global firms focused on implementing blockchain in art. Big Four auditor PwC and Swiss blockchain investment firm CV VC have released a preview for its new periodical report devoted to the blockchain in various industries. Published on July 21, the report provides an overview of the upcoming full release featuring the top global blockchain companies focused on implementing blockchain technology in art. The report was co-authored by PwC and CV VC with contribution of PwC Switzerland and Nicolai Reinbold, ecosystem and incubator manager at CV VC. As part of the upcoming full release, CV VC's ecosystem CV labs will host an online panel to discuss the latest developments in the blockchain-powered art market.
  • Blockchain Bites: BitLicense Feedback, Digital Yuan Trial and How US Bills Could Threaten Privacy
    Blockchain Bites: BitLicense Feedback, Digital Yuan Trial and How US Bills Could Threaten Privacy
    A mega food retailer may trial the digital yuan, an a16z alum is launching a VC firm focused on distributed tech and Ethereum's new client is "basically ready."
  • This a16z Alum Is Launching a VC Fund Focused on Platforms You Can ‘Own’
    This a16z Alum Is Launching a VC Fund Focused on Platforms You Can ‘Own’
    An Andreessen Horowitz (a16z) alum is launching a new venture firm focused on building a crypto-powered "ownership economy."
  • DeFi alliance adds more startups as industry growth accelerates
    DeFi alliance adds more startups as industry growth accelerates
    The Chicago DeFi Alliance continues to grow, adding 11 new members including the fast-rising lending protocol Aave and Silicon Valley VC ParaFi.
  • Former Swiss President Sees the Country Leading in DLT and Technology of the Future
    Former Swiss President Sees the Country Leading in DLT and Technology of the Future
    Former Swiss President and new board member of CV VC talks the unique attitudes towards law that make Switzerland a hub for crypto. Johann Schneider-Ammann, who served as the President of Switzerland in 2016, recently joined the board of Crypto Valley Venture Capital, or CV VC.