Avalanche ecosystem accelerator raises $18.5M in seed funding
AVAX is one of the year’s top crypto performers, with the likes of Three Arrows Capital and Polychain Capital supporting the PoS chain. Avalanche ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the next generation of Avalanche blockchain projects, underscoring heightened demand for the proof-of-stake ecosystem. The investment round was led by the Avalanche Foundation, an organization overseeing ecosystem development grants, with additional participation from Shima Capital, HashKey, GBV Capital and Bixin Ventures. Members of the Avalanche community....
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The Cronos Accelerator Program is backed by $100 million to help crypto projects in seed-pre-seed stages seeking mentorship, funding and growth. Cronos, a blockchain ecosystem built by major crypto exchange Crypto.com, announced the launch of an accelerator program to fast-track advancements across the decentralized finance (DeFi), Web3 and Metaverse space among others. Driving the initiative, the Cronos Accelerator Program is backed by $100 million to help crypto projects in seed and pre-seed stages seeking mentorship, funding and growth. According to the announcement, projects....
Avalanche ecosystem accelerator Colony is celebrating its biggest raise to date, having welcomed $18.5 million of investment from a slew of VC firms. The company, which aims to lay the foundations for the next wave of decentralized applications (dApps) built on Avalanche, received capital from the likes of Shima Capital, Hashkey, GBV Capital, and Bixin […]
Startups working with Algorand's blockchain may receive up to $500,000 in seed funding through the program.
PRESS RELEASE. Vancouver, August 8, 2022 – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding round led by CE Innovation Capital (CEiC).
The latest funding comes amid a bear market sentiment and uncertainty around crypto. It indicates that investors are confident about Airswift’s unique model, and optimistic about the future of payment solutions that power the use of digital assets.
With blockchain technology at its core, Airswift is building a comprehensive payment....
It is raining investments in the digital currency sector. A number of companies have raised millions of dollars in funding in recent days. Case Wallet Inc. also known as CryptoLabs has recently raised another tranche of seed investment of about $750,000 towards its bitcoin wallet business. Case Wallet Inc. is the manufacturer of Case secure hardware bitcoin wallets. The New York based startup has so far raised seed investment of about $2.25 million, including the earlier $1.5 million raised in June 2015. With the latest tranche of investment, the seed investment round stands closed. READ....