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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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Luxury fashion meets blockchain on Syky, the Seven Seven Six-backed web3 platform

TechCrunch

She launched the company in November after a career in marketing at luxury fashion houses, serving in roles including chief digital and content officer at Ralph Lauren and digital and social marketing director at Burberry. Embracing digital commerce may be retailers’ best bet for staying ahead of a fast-moving industry.

Fashion 248
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The Blockchain Market at a Glance

IDC

The evolving blockchain product offers more robust and capable application tools critical to patch existing vulnerabilities. Explore the evolving market with IDC.

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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. Computers, the internet, fintech, artificial intelligence, any tech you can name ( except mobile tech) people in these regions have always had to play catch up. million pre-seed to that end.

Marketing 245
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Agreena, a regenerative farming carbon market, raises $4.7M seed from Giant Ventures

TechCrunch

The voluntary carbon market for agriculture includes U.S. & blockchain-focused) and U.K./France-based We also believe Agreena can become the dominant internet marketplace for facilitating online B2B commerce within farming, a nut which no one has yet cracked.”. The startup has some competition in the space.

Marketing 233
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Digital listening reveals 3 leading innovation drivers

CIO

The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0, It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises.