Union Labs Secures $12M Series A to Bridge Cosmos, Ethereum and Bitcoin Ecosystems
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Your daily dose of Web3 news.
Gumi Cryptos Capital and Longhash Ventures co-led the round with participation from Borderless Capital and angel investors from Polygon, Celestia, Movement, and Berachain communities.
Ethena and Securitize Submit Application for Spark’s $1B Tokenisation Competition
Dubbed the Tokenisation Grand Prix, Spark’s competition is pitching plans to distribute $1 billion of liquidity to selected onboarding partners.
Avalanche-Based DeFi Protocol Avant Secures $6.5M Seed Round
Avant is currently in early access, allowing only a select group of whitelisted addresses to mint and stake its “stable-value” token avUSD.
Talus Network Secures $6M Strategic Round to Build AI-Powered Dating Experience
Polychain Capital led the round with participation from Foresight Ventures, Animoca Brands, Geek Cartel, Echo and several angel investors.
Avalanche9000 Launches on Testnet with $40M for Developers Building on the Network
Quick take: Avalanche has announced the launch of Avalanche9000 testnet, its largest upgrade since its mainnet launch in…
Digital Currency Group Launches Yuma to Invest in Decentralised AI Projects
Yuma is a new subsidiary of DCg that will be used to support and drive AI development on the decentralised open network Bittensor.
Valantis Secures $7.5M Pre-Seed and Seed Rounds for Modular DEX Protocol
The pre-seed round raised $3.5 million in April, while the seed round, which closed in September secured $4 million.
OpenLayer Secures $5M Seed Round for Blockchain-Based AI Data Layer
The fundraising attracted participation from a16z Crypto Startup Accelerator (CSX), Geometry, IOSG Ventures, Spartan Group and LongHash Ventures.
Web3 AI Platform Eidon Raises $3.5M Seed Round Led by Framework Ventures
The company plans to use the fresh capital to expand its team and lay down the foundation for building a decentralised AI network.
Hack VC and Symbolic Capital Co-Lead $6.5M Seed for TON Network Extension TAC
The funds will be used to accelerate the development of the extension as it seeks to connect EVM applications across gaming, DeFi and RWAs.