Colosseum Completes $60M Funding Round
Solana’s Colosseum has completed its initial $60 million funding round to fund pre-seed investments for its accelerator program. The capital will be allocated to pre-seed investments in teams accepted into Colosseum’s Accelerator program, intended to attract additional developers and entrepreneurs to the Solana ecosystem. “We established Colosseum to facilitate the competition and realization of founders’ […]
Kraken Reportedly Prepares for Funding Round Ahead of Possible IPO
Kraken cryptocurrency exchange is purportedly contemplating a funding round to generate over $100 million for the company in anticipation of a potential initial public offering (IPO). Kraken was contemplating a funding round anticipated to generate over $100 million by 2025, according to a Bloomberg report on June 6 that cited individuals with knowledge of the […]
Tech Startup Auradine Raises $80M in Recent Funding Round
Auradine, a technology startup for hardware and software solutions in crypto mining and web infrastructure, raised $80 million in a series B funding round. Celesta Capital, Mayfield Fund, Marathon Digital, newcomers StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick Capital contributed to the funding. Mayfield and Celesta Capital led the organization’s prior funding […]
Bitkraft Ventures Launches $275M Gaming Funding Round
Bitkraft Ventures announced the opening of a $275M gaming investment funding round that is expected to increase the company’s total assets under management (AUM) to almost $1B. The corporation has invested in well-known businesses, including Eve Online originator CCP and blockchain developer Jungle. Most of its Venture II fundraising round was devoted to web3 and […]
Merlin Chain Raises Funds to Scale Bitcoin with ZK-Rollup
Merlin Chain, a native Bitcoin Layer2 project, announced funding from 24 investors, including OKX Ventures, ABCDE, Foresight Ventures, and Arkstream Capital. The project aims to scale Bitcoin with ZK-Rollup, decentralized oracle, and fraud-proof technologies and to make Bitcoin fun again. The project did not disclose the amount of the funding but said that it will […]