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Funding Rounds
Crypto Wallet Security Layer Webacy Raises $4M
Investors included entrepreneur Gary Vaynerchuk and Mozilla Ventures.

Decentralized Identity Network Space ID Raises $10M
The round was led by crypto investment firms Polychain Capital and dao5.

Blockchain Analytics Firm Elementus Triples in Valuation Despite Crypto Winter
Elementus increased its valuation significantly from a little more than a year ago in a new $10 million fundraise.

Crypto Winter Led to 91% Plunge in VC and Other Investments for January
A CoinDesk analysis shows crypto startups only raised $548 million last month. The FTX failure’s full impact on industry fundraising likely remains to be seen.

DeFi Liquidity Protocol Squid Raises $3.5M Round Led by North Island Ventures
The Axelar-based protocol connects users with cross-chain assets for borrowing and lending.

Crypto Issuance Startup Tokensoft Brings Its Token Launchpad On-Chain
Tokensoft version 2 will allow for greater abstraction in how teams structure their token distributions.

Sui-Based Ethos Wallet Raises $4.2M in Seed Round
The underlying blockchain was developed by former employees of Facebook parent Meta Platforms.

Web3 Infrastructure Startup Spatial Labs Raises $10M
Blockchain Capital led the seed funding round, and a firm co-founded by Jay-Z contributed.

QuickNode Raises $60M in Series B at $800M Valuation
Crypto fund 10T Holdings led the round TradFi giant Tiger Global was among the other backers.

Web3 Social Wallet Tribes Launches With $3.3M in Funding
The crypto app startup was founded by a former Coinbase engineer.
