VC

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)
Galaxy Plans to Raise $100M for Crypto Venture Fund
Galaxy's prolific venture wing plans to start accepting – and investing – outside capital.
Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Utila team (Utila)
Institutional Crypto Wallet Provider Utila Raises $11.5M, Aims to Facilitate Tokenization Boom
Utila's self-custodial wallet offers a simplified user interface, fast onboarding process and recently added enhanced tokenization capabilities to better serve token issuers,...
Utila team (Utila)

(Chris Dixon, modified by CoinDesk)
Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”
(Chris Dixon, modified by CoinDesk)

Fernando Martinez, CEO of Nonco. (Nonco)
Digital Asset Brokerage Firm Nonco Raises $10M Seed Funding Led by Valor Capital, Hack VC
The firm says it has already seen $6 billion in volume in Americas since its debut in April.
Fernando Martinez, CEO of Nonco. (Nonco)

two fingers adding a coin to one pile of coins among many
Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.
two fingers adding a coin to one pile of coins among many

(Fileverse)
Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google
Fileverse offers a decentralized file management and collaboration service, an alternative to centralized providers such as Google or Notion.
(Fileverse)

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)
Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund
Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology.
Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

VC Firm CoinFund's Managing Partner Seeing 'Significant' Activity Around AI and Web3
VC Firm CoinFund's Managing Partner Seeing 'Significant' Activity Around AI and Web3
Recent PitchBook data shows crypto companies worldwide raised $5 billion dollars in the first half of the year, down almost 75% from a year ago. CoinFund managing partner Davi...
VC Firm CoinFund's Managing Partner Seeing 'Significant' Activity Around AI and Web3

(Getty Images)
VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.
(Getty Images)

(Getty Images)
Web3 App Development Platform Sort Raises $3.5M to Further Product Growth
The startup allows developers to incorporate smart contracts into apps.
(Getty Images)