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‘AWS for blockchain’ Alchemy boosts valuation to $3.5B with $250M raise

TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2

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Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. We realized that in order for space to thrive and build to its full potential, we needed to build a developer platform layer for blockchain,” Viswanathan told TechCrunch.

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Athleisure icon Ty Haney raises $9.8M in fresh funding for her blockchain rewards startup

TechCrunch

The startup uses blockchain technology to help brands build customer loyalty without having to rely on buying up pricey ads on third-party social media platforms, Haney explained. Brands use TYB, which is built on the Avalanche blockchain, to build their own on-chain communities of loyal customers, Haney said.

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Amid crypto’s talent war, Encode Club mints new web3 developers

TechCrunch

Crypto-savvy developers are in short supply these days. Blockchain startups and protocols are fighting to onboard and train more engineers — an even tougher undertaking in a world where developing on Ethereum vs. Solana vs. Polkadot vs. another blockchain can require completely different programming skill sets.

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Solana Blockchain Software Development Services

Mobilunity

One that has made a great impact on the crypto world since its launch in 2020 is Solana. Solana was developed by Anatoly Yakovenko and is praised for its ability to perform many more transactions than other platforms in much shorter time. Now, to start building Dapps on Solana, you will need a developer on your side.

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Which emerging technologies are enterprise companies getting serious about in 2020?

TechCrunch

That situation can lead to a huge waste of time for startups that want to sell to enterprise customers: a business development black hole. We conducted the survey at the tail end of Q3 2020. Here are the top five things that fell into the “learning and exploring” cohort, in ranked order: Blockchain. Virtual reality.

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Vessel Capital emerges from stealth with $55M fund focused on web3 infrastructure and apps

TechCrunch

Crypto has become more global, so it’s not the same circle and group you might have seen in 2018-2020, and we want to be able to help more people.” Chen also serves as the CEO of Injective Labs , a blockchain for web3-focused financial apps, and Uddin is the head of business development for that company.