Block26 Venture Capital Platform to Fund Blockchain Startups
A new venture platform called Block26 was recently launched in Los Angeles to fund blockchain startups. The group shared their plans to invest in companies that are pursuing applications based on blockchain, which is the public ledger of bitcoin transactions. The platform is led by Principals and Co-Founders Ni'coel Stark and Pedram Hasid and backed by Lakeshore Capital among others. It will provide capital, talent, and other resources to incubate a portfolio of startups in the bitcoin space. Blockchain Startups Potential. "We are launching Block26 to provide the bitcoin community with....
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Airbitz, the bitcoin wallet and business directory service provider has managed to secure close to half a million USD in its seed funding round. The company, which is an alumni of Sunnyvale, California based Plug and Play Tech Accelerator is now funded by the venture capital firm Block26. Block26 is a Los Angeles based venture capital firm which was started last month. The firm has managed to complete its first investment of $450,000 in Airbitz. Block26 has made it clear that the company will be focusing specifically on Bitcoin, Blockchain and Digital currency based technology ventures....
Los Angeles-based venture capital firm Block26 has completed its first investment, contributing $450,000 to the ongoing seed round for bitcoin wallet provider Airbitz. Launched in June, Block26 has indicated it plans to focus specifically on blockchain and digital currency ventures, contributing to seed to later-stage rounds. Calling the funding the company's "first big announcement", Block26 principal Ni'coel Stark indicated that Airbitz is representative of the kind of companies in which her new venture firm is looking to invest. Stark told CoinDesk: "We're really looking for nuances in....
Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the venture capital firm has invested in 12 startups whose use cases go beyond crypto. Uses Cases Beyond Crypto The Switzerland-based venture capital (VC) firm, Crypto Valley Venture Capital (CVVC), has launched an African blockchain early-stage fund. The VC has partnered with the Swiss State Secretariat for Economic Affairs (SECO) in this endeavor, a statement released by CVVC has said. In the same statement, the VC said the objective of the accelerator is to fund some....
The blockchain based equity fundraising platform, Neufund has raised $2.13 million in seed fund. A German blockchain-based fundraising platform, Neufund has successfully raised $2.13 million in seed fund. Investors participating in the fundraising round includes Atlantic Labs, Klaas Kersting and a group of undisclosed angel investors. Neufund is currently in the process of developing an investment platform where investors can fund startups against equity using cryptocurrencies. Once completed, the platform will be available for startups working in the cryptocurrency sector through Initial....
The Los Angeles-based venture fund plans to incubate startups building on the Tezos blockchain. Blockchain venture studio Draper Gorem Holm has announced plans to incubate Tezos-based startups as part of its $25 million venture fund, highlighting its conviction in the smart contract platform.The venture fund, called Fund 1, was launched in October 2020 as a way to incubate emerging blockchain companies. Fund 1 is set up as a traditional venture capital fund focusing on emerging fintech and blockchain startups. The inclusion of Tezos-based projects into the fund is hardly surprising given....