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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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Vega raises $5M to give anyone the ability to launch a derivatives market

TechCrunch

Vega , a startup that is building a decentralized protocol for creating and trading on derivatives markets, has raised $5 million in funding. Vega Founder Barney Mannerings launched the Vega project in 2018 with the mission of giving anyone the ability to create and launch a derivatives market. For now, Vega is still under development.

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Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets

TechCrunch

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Africa’s cryptocurrency market grew by 1,200% to $105.6 billion between July 2020 and June 2021, per research by New-York based research firm Chainalysis. million pre-seed to that end.

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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.