article thumbnail

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

TechCrunch

Vessel Capital , a web3 venture fund, has emerged from stealth with $55 million in assets under management to invest in infrastructure and applications, the firm exclusively told TechCrunch. We want to meet new founders who might not already be in our network,” Uddin said. It will be deployed over a five-year period. “We

article thumbnail

Sequoia backs blockchain scaling startup StarkWare at $2 billion valuation

TechCrunch

As the crypto world continues to heat up, developers are clinging to the Ethereum network despite its general struggle to meet the stresses of a global network’s transaction load. In August, Lightspeed backed startup Offchain Labs in a raise that valued the blockchain scaling company at $1.2 billion fund.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nillion raises over $20 million to build new web3 infrastructure

TechCrunch

Nillion, a web3 startup aiming to build a non-blockchain decentralized network, closed an oversubscribed round of more than $20 million, the company exclusively told TechCrunch. Nillion is a deep technology infrastructure project,” Andrew Yeoh, the company’s founding chief marketing officer, told TechCrunch.

article thumbnail

Guarding the gates: a look at critical infrastructure security in 2023

CIO

These global events have also underscored the crucial significance of safeguarding our critical infrastructure against domestic or foreign attacks. It’s easy to envision the outcomes that could arise from a major assault on our vital infrastructure.

article thumbnail

Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

TechCrunch

The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization.

article thumbnail

Signaling that privacy is coming to DeFi, Sienna Network raises $11.2M for its platform

TechCrunch

Last week we saw some major backing of the Secret Network blockchain , as significant blockchain players Arrington Capital and Blocktower Capital invested in the privacy-first smart contract platform. We have come to expect privacy in our “normal” financial lives, so we will expect it in the blockchain world.

Network 256
article thumbnail

Japan’s gaming blockchain builder Oasys raises $20M in private token sale

TechCrunch

Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least for now, as investment keeps pouring into the industry. Oasys, a Japan- and Singapore-based startup that’s building a blockchain for gaming developers, has just raised $20 million.