Blockstream SEC Filing Reveals $15 Million Raised in Funding Round
Chief executive Austin Hill originally told CoinDesk that Blockstream's SEC filing was an "incomplete and inaccurate notice". He has since clarified that the SEC filing is complete and accurate, but does not "portray the whole picture" at this point in the company's fundraising process. This article has been updated accordingly. Blockstream has raised at least $15.18m toward a major funding round expected to close in the coming weeks, according to a recent Securities and Exchange Commission (SEC) filing. The filing also shows that Reid Hoffman, a partner at venture firm Greylock Partners....
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Blockstream, the new for-profit Bitcoin technology company that will be developing sidechains, already has some significant funding. As revealed by a Form D fundraising disclosure form filed at the beginning of the month, Blockstream has already secured over 15.1 million USD in series A funding, with potentially more to come. A Form D is filed with the SEC when funds are raised without prior approval from the SEC. However, since the SEC form is from three weeks ago, the numbers represented therein may not be presently accurate. Also read: Sidechains Whitepaper Authors Will Conduct Reddit....
In an announcement today, Blockstream has announced that it has successfully raised $55 million in Series A funding, bringing the total capital raised in its funding run to $76 million. The influx of finances will help the company further develop its innovative sidechain technology. Blockchain-based Blockstream has announced significant new investment into its Series A funding today. Adding to a previous $21 million seed round, the total investment now stands at $76 million over the two rounds. According to a press release, the latest round was led by Hong Kong-based Horizons Ventures; AXA....
Autograph, the NFT agency co-founded by famous NFL player Tom Brady, has raised $170 million in its series B funding round. The company revealed that the funding round was led by Andreessen Horowitz and Kleiner Perkins, with the participation of other notable companies in the field. The funds raised will contribute to the expansion of the company with new, undisclosed partnerships reportedly on the way.
Autograph Raises $170 Million
Autograph, the NFT firm that NFL star Tom Brady co-launched last year, has raised $170 million in its latest funding round. The Series B was led by....
Bitcoin mining firm BTCS, formerly known as Bitcoin Ship has completed a $1.45 million round of financing on December 16, led by Cavalry Fund LP. Originally known as Bitcoin Shop, BTCS was an e-commerce retailer that shifted its business model to bitcoin mining. The company was in need of a cash-boost after a recent SEC filing raised concerns of the company's ability to even exist in the long term. The SEC filing shows a net loss of $8.4 million for nine months ending September 2015. An excerpt from the SEC filing read: Because of recurring operating losses, net operating cash flow....
Data monetization solution Swash successfully raised $ 7 million in a round of oversubscribed from major investors before its public sale later this month. Swash Has $ 7 Million Funding Round The Swash funding round, which surpassed $ 7 million just two weeks ago, was led by KuCoin, Outlier Ventures, and Streamr and included a […]