Cube3.AI, a Silicon Valley-based cybersecurity startup, has secured $8.2M in a Series A funding round, allowing them to launch the first AI-powered blockchain security app. These funds are expected to revolutionize data security on the Blockchain.
Binance saw its venture capital arm dominate last week’s crypto funding rounds, as the exchange is facing intense scrutiny from global regulators. Despite this, Binance’s VC fund has invested over $500M in cryptocurrency-related startups since 2018.
Cryptoanalysis firm Flashbots has announced a 60M raise led by Paradigm a crypto centric venture firm The round is expected to help Flashbots expand its services and research activities
Geyser has announced its fifth Bitcoin Grant aiming to fuel the development of educational Bitcoin communities around the world The grant focuses on providing resources to those engaged in teaching and learning about Bitcoin in an effort to advance the decentralisation of money
OpenEx, a UK-based startup offering digital banking solutions, has closed a funding round of $5m led by John Venture Capital. This brings OpenEx’s total funding to over $20 million since its 2017 launch.
Investor group Blockchain Capital has led a $40M funding round for London-based RISC Networks, a cryptotechnology firm. This investment comes as blockchain technology and its applications in the banking industry continue to grow.
Despite a significant downturn in venture capital (VC) funding over the past few months, executives remain upbeat about the long-term prospects for their businesses, citing access to other sources of capital and new opportunities created by shifting markets.