Blockchain Startup Story Raises $80 Million to Shield Creators’ IP from AI Giants
The funding round was led by Andreessen Horowitz, also known as a16z, with contributions from Polychain and other investors.
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Crypto Startups Secure $2.7 Billion in Q2 2024 Amid Shifting Investment Patterns
Infrastructure startups dominated funding rounds, with Monad, a parallelization Layer 1 platform, raising $225 million in a Series A, and DeFi-specific L1 Berachain securing $100 million in a Series B.
Anysphere Raises $60 Million for AI Coding Assistant Cursor
The round was co-led by Andreessen Horowitz and Thrive Capital, with participation from Stripe's co-founder and CEO, Patrick Collison.
AI Chip Startup Groq Secures $640 Million in Series D Funding
With the recent funding, Groq plans to deploy over 100,000 additional LPUs into GroqCloud, focusing on the deployment of AI models for global use.
OpenSocial Protocol Raises $6M to Boost Community-Driven dApp Creation
Everest Ventures Group, a top Web3 group in Asia, created OpenSocial Protocol. This tool offers open-source, multichain social app infrastructure, letting users and communities build social decentralized applications (dApps) without needing coding skills.
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