Nym Technologies raises $13M to develop surveillance-evasion platform
The firm is expected to roll-out its mainnet product in the coming months. European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, with further participation by venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush.This third funding round represented their highest raise to date, following seed funding of $2.5 million in May 2019 and a Series A raise of $6 million in July 2021, led by Polychain Capital, according to financial data from Crunchbase.....
Related News
The blockchain intelligence and surveillance firm Chainalysis announced the company has raised $100 million in Series E funding from investors such as Coatue, Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The financing brings the company’s valuation to $4.2 billion and it aims to expand its resources and deepen data to cover more cryptocurrencies and focus on use cases like decentralized finance (defi). Chainalysis Raises $100 Million, Blockchain Intelligence Firm’s Valuation Now Over $4 Billion The blockchain Satoshi designed is a transparent....
By raising $1 million in seed funding, blockchain startup RSK Labs will develop Rootstock, a smart contracts platform that will be deployed as a sidechain on the bitcoin blockchain. In a funding round led by bitcoin mining hardware company Bitmain Technology, RSK Labs has raised $1 million in a successful initial seeding round to develop Rootstock – a smart contracts platform secured by the bitcoin blockchain. The funding round was supported by London-based blockchain investment firm Coinsilium and New York-based bitcoin- and blockchain-investor Digital Currency Group. The first of its....
Tax evasion is a real threat to the global economy, and the biggest culprits are large corporations abusing loopholes to avoid paying taxes. According to research estimates, a total of US$240 billion worth of taxes is not being paid by corporations all over the world. Such a vast sum of money could do a lot of good all over the world, and it is time these practices come to an end. Officials representing the world’s 20 largest economies will be contemplating the approval of a new set of corporate taxation rules. Tax evasion in the corporate world is nothing new under the sun, as these....
The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the new financing will help the firm expand, hire and develop new partnerships. Lolli Raises $10 Million The New York-based Lolli has raised $10 million from investors, according to the company’s announcement on July 28. The company said that the Series A was led by Acrew Capital, Banana Capital, Up North Management, and Animal Capital. The venture capital company Animal was founded by social media moguls Noah Beck, Josh Richards, and Griffin Johnson.....
Koinify has raised $1 million to further develop its decentralized application crowdfunding platform. The platform will enable the creation of smart corporations - also known as decentralized autonomous corporations (DACs) - and decentralized applications (DApps). Upon launch, investors will be able to use Koinify to buy tokens associated with various projects using bitcoin. The round included participants such as IDG Capital Partners, Brock Pierce's AngelList syndicate and zPark Ventures. With the new round completed, the company has raised roughly $1.4m to date, including seed funding....