Funding

Drew Austin (Red Beard Ventures)
Red Beard Ventures Closes $25M Funding Round With Animoca Brands, Others
The Web3 venture capital firm hopes to support early-stage DeFi and Web3 gaming projects and is also launching a tokenomics accelerator.
Drew Austin (Red Beard Ventures)

Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)
Polygon Co-Founder Launches Web3 Fellowship Program
Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year.
Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)

Giddy's founding team from left to right: David Bland, Adam Olsen, Eric Parker, David Hurst, Ethan Parker, Brendan Wanlass (Giddy)
Crypto Wallet Giddy Raises $6.9M in Funding to Further Self-Custody Adoption
Fortnite co-creator Geremy Mustard took part as a strategic investor in the round.
Giddy's founding team from left to right: David Bland, Adam Olsen, Eric Parker, David Hurst, Ethan Parker, Brendan Wanlass (Giddy)

Zodia Custody, a firm owned by Standard Chartered, has raised $36 million. (Shutterstock)
Crypto Storage Provider Zodia Custody Raises $36M From SBI Holdings, Standard Chartered
The firm will use the funds to increase its token coverage and enhance its settlement product, Interchange.
Zodia Custody, a firm owned by Standard Chartered, has raised $36 million. (Shutterstock)

(Shubham Dhage/Unsplash)
Cata Labs Raises $4.2M to Develop 'Bridging' Software
The round was led by Spartan Group and included participation from Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.
(Shubham Dhage/Unsplash)

iZUMi Finance raises $22 million. (Pixabay)
DeFi Protocol iZUMi Finance Raises $22M
The fundraising round involved issuing semi-fungible tokens.
iZUMi Finance raises $22 million. (Pixabay)

(Shutterstock)
DeFi Protocol DFlow Raises $5.5M to Bring Payment for Order Flow to Crypto
The project would bring a controversial practice in the equities market into the world of decentralized finance.
(Shutterstock)

Paul Almasi, head of Alchemy Ventures (Alchemy Ventures)
Alchemy’s Venture Arm Wants to Align With 'Web3 Missionaries, Not Mercenaries’
The investment arm of the Web3 infrastructure giant, last valued at $10 billion, continues to find new ways to back early-stage founders.
Paul Almasi, head of Alchemy Ventures (Alchemy Ventures)

DeFi platform Thetanuts Finance has raised $17 million in new capital. (Pixabay)
DeFi Protocol Thetanuts Finance Raises $17M for Expansion, New Partnerships
The startup offers multi-chain structured financial products with plans for a buy-side altcoin options market.
DeFi platform Thetanuts Finance has raised $17 million in new capital. (Pixabay)

Co-founders of Shield (left to right) Emmanuel Udotong, Luis Carchi and Isaiah Udotong (Shield)
Web3 Security Startup Shield Raises $2.1M in Pre-Seed Funding
The company, a member of a16z’s Crypto Startup School, aims to create a security standard across Web3 projects through its API, Discord Bot and certification program.
Co-founders of Shield (left to right) Emmanuel Udotong, Luis Carchi and Isaiah Udotong (Shield)