Visa, Capital One Back $30 Million Round for Blockchain Startup Chain
Blockchain technology startup Chain has raised $30 million in new venture funding, drawing funds from financial services companies including Capital One, Fiserv and Visa. French telecom giant Orange SA contributed to the round, months after disclosing that it was looking to invest in bitcoin startups, as did Nasdaq, which has been working with Chain, and Citi Ventures. RRE Ventures, Khosla Ventures, Thrive Capital and SV Angel - existing investors of the firm - also took part, as well as former Bank of America CEO David Coulter, X Prize Foundation CEO Peter Diamandis and MongoDB co-founder....
Related News
PayPal and Visa led a $300 million fundraising round in Blockchain Capital on June 22nd. The venture capital firm announced in a press release that funding of Blockchain Capital V, LP had closed. The fundraising had participation from strategic investors and pension funds. Major university endowments and family offices from around the world also participated […]
Blockchain Capital has attracted investment from PayPal, Visa, and other investors to the tune of $300 million for its Fund V LP. PayPal and Visa are among several major investors to have participated in a $300 million funding for Blockchain Capital.In a release issued on Tuesday, Blockchain Capital announced that the close of its Blockchain Capital V LP.According to the release, Fund V, capped at $300 million was oversubscribed with numerous investors including college endowments, family offices, and pension funds participating in the capital raise.As part of the announcement, Blockchain....
Green Labs, a Seoul and San Francisco based startup pioneering smart farming using Internet of Things (IoT), has completed its Series B round. The $18 million round was headed by one of South Korea’s leading blockchain venture capital firms, Hashed, bringing Green Labs’ fundraising total to $28 million to date. The capital will allow the startup to work towards its goals faster, including plans to expand human resources across all areas of its operations. Green […]
After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa.
New Funding to Help Bitmama Scale Up Crypto Use Cases in Africa
A Nigeria-based blockchain startup, Bitmama, recently closed its pre-seed funding round at $2 million after it added $1.65 million to the $350,000 that was raised in October last year. According to a Techcrunch report, the funding....
Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet.
Driving Adoption of Cryptocurrencies
An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from a pre-Series A investment round. The round was led by a consortium of global as well as African venture capital firms like Lateral Frontiers VC, CRE Venture Capital, and Musha Ventures.
Global investors that took part in this round include Dragonfly Capital, Hashkey....