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Verv raises millions in new round to tackle climate change with blockchain & AI

Verv, the Google-mentored start-up behind a cutting-edge smart energy hub and green electricity sharing platform, today announced that it has raised over £6.5 million in its Series A round led by environmental fund Earthworm. Earthworm has invested £5 million in Verv’s pioneering IoT and renewable energy trading technology…

Offchain Labs raises $3.7 million to develop Layer 2 scaling solution

Offchain Labs, a New Jersey-based startup that aims to make smart contracts more private, secure, and scalable using a combination of protocol design, incentives, and virtual machine architecture, today announced it has raised a $3.7 million USD seed round led by Pantera Capital. Additional backing also came from…

Cambridge Blockchain gets investment from PayPal in Series A round

Cambridge Blockchain, a digital identity enterprise software provider, has announced that PayPal has joined its Series A funding round. With this investment, the two companies will explore potential collaborations to leverage blockchain technology. “Our service helps streamline digital identity compliance while giving customers control over their identity data,”…

Genomes.io joins ConsenSys Ventures blockchain accelerator

Genomes.io, the London-based startup using blockchain technology to give people ownership and control over their genomic data, arrives at the German Bundestag in Berlin for the kickoff of Tachyon 2.0 – the accelerator program run by leading blockchain company ConsenSys Ventures. Genomes.io acceptance into the accelerator follows a successful Crowdcube raise…

Crypto management protocol VELIC gets investment from B Dash Ventures

VELIC, a digital asset platform based in Singapore, has announced today an investment from a fund managed by B Dash Ventures, a prominent venture capital business in Japan. The investment will jumpstart VELIC’s blockchain financial ecosystem, and Hiroyuki Watanabe, CEO of B Dash Ventures, will serve as an…

OK Group makes strategic investment in Prime Trust; launching stablecoin

Prime Trust, a blockchain-driven trust company and OK Group, a digital asset exchange and blockchain technology company, today announced the two parties have reached an agreement on collaboration. First, OK Group has made a strategic investment in Prime Trust and is executing on several critical blockchain initiatives leveraging…

Cryptium Labs receives Tezos Foundation grant to develop protocol improvements

The Tezos Foundation, the support arm of the Tezos protocol and ecosystem, today announced that Cryptium Labs has received an additional grant to develop baking and consensus improvements that may be implemented to the Tezos core protocol. With this grant, Cryptium Labs will build a new account system…

Zilliqa reveals the 3rd wave of grants for blockchain ecosystem

Zilliqa, the blockchain technology platform based on research from a team of computer scientists at the National University of Singapore, today announced the third wave of the Zilliqa ecosystem grant awardees. The $5 million grant program launched by Zilliqa in June 2018 is geared toward developers for building…

Crypto liquidity aggregator CoinDCX gets seed funding from Bain Capital Ventures

CoinDCX, an Estonia-domiciled global liquidity aggregator with R&D in Mumbai, India, announced it has raised a seed round of financing led by Bain Capital Ventures. Notable angels, including Sanjay Mehtaand Utsav Somani participated. Funds will be used to scale technical infrastructure and introduce products that bring transparency and inclusivity…

Tech VC Accomplice invests in blockchain infratructure company Bison Trails

Accomplice, a seed-led, technology-focused venture capital firm, announced today it has co-led an investment in New York City-based Bison Trails, a company building infrastructure for decentralized networks. Today, Bison Trails is actively securing protocols Livepeer, Tezos, and Decred and is building for dozens more. Accomplice believes “crypto networks…

Tokenized fund COSIMO X invests in GECKO Governance, Lingar, and Oneiro

COSIMO Ventures, a global venture capital (VC) firm, announced three late seed round investments through its evergreen, tokenized VC fund, COSIMO X. Funding will be provided to GECKO Governance, a blockchain-based financial software solution that allows fund managers to meet regulatory and compliance requirements, and Oneiro, the developer…

Polkadot launches decentralized funding platform PolkaDAO

Polkadot, the project being built to connect private/consortium chains, public/permissionless networks, oracles, and future technological developments yet to be created in the Web3 ecosystem, has launched its own Decentralized Autonomous Organization (DAO) called PolkaDAO for the purpose of funding projects around the Polkadot community. The basic idea behind…

Forte creates $100M blockchain game developer fund with Ripple incubator Xpring

Forte, a provider of blockchain-based platform technology for the games industry, and Xpring, Ripple’s developer ecosystem initiative, have formed a $100 million fund to support game developers. The fund will operate alongside Forte’s platform technologies and include open-source solutions designed in collaboration with Ripple to accelerate the mainstream…

æternity Ventures’s 2nd Starfleet Accelerator shortlists new blockchain startups

æternity Ventures, the investment arm of decentralized smart contracts platform æternity, has today announced their startup selection for the next round of æternity Starfleet Accelerator. Following the significant success of the first accelerator program in June 2018, where over $1m was invested in 9 blockchain teams, this year the…

New hybrid blockchain exchange ABE Global raises $3 million

ABE Global, a next-generation securities exchange, today announced it has raised $3 million in funding from strategic investors including Distributed Global, Galaxy Digital, and Gumi Ventures. By unifying issuance and trading on a single 24-hour global exchange platform, ABE Global will connect European, American and Asian investors with tokenized securities…