Kyt Dotson
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Venture capital giant Andreessen Horowitz today announced it raised a colossal $4.5 billion for its largest-ever venture fund to invest in crypto and Web3 startups. The fund, the firm’s fourth, will bring a16z’s total raised to date for crypto investments to $7.6 …
Niantic releases the Lightship Visual Positioning System and AR Map
Niantic Inc., the developer of the popular augmented reality game “Pokemon Go” and the Lightship AR platform, today released the Lightship Visual Positioning System for developers, with more than 30,000 public locations for apps to use dynamic AR mapping. The company also …
Microsoft updates Power Platform with new low-code capabilities
Microsoft’s Power Platform, a set of low-code/no-code tools for app development and business intelligence automation, today received a bevy of updates aimed at making life easier for business users and professional developers. These developments were announced during Microsoft Build 2022, the company’s …
Mobile metaverse platform BUD raises $37M to incorporate NFTs
BUD Technologies Inc., the developer of a virtual platform for users to create interactive shared 3D content, today announced that it has raised $36.8 million in new funding led by Sequoia Capital India. The Series B funding round is the second in …
Web3 protocol Saga raises $6.5M for scalable blockchain infrastructure
Saga, a Web3 protocol designed to automate the deployment of application-specific blockchains, announced Thursday that it has raised $6.5 million at a $130 million valuation. The seed funding round attracted a number of crypto industry-focused investors, including Polygon Studios, Longhash Ventures, Strangelove …
Web3 hackathon startup DoraHacks raises $20M led by FTX and Liberty City
DoraHacks, a Web3 hackathon organizer and developer incentive platform, announced Wednesday that it has raised $20 million in new funding led by FTX ventures and Liberty City Ventures to fund further workshops and grants for developers. The Series B1 round was also …
Fireblocks unveils Web3 Engine to support DeFi and NFT apps
The cryptocurrency custody firm Fireblocks Inc. today announced the launch of its Web3 Engine, a software developer kit that will allow companies to create app infrastructure for nonfungible tokens, decentralized gaming and finance. The Fireblocks platform allows small, large and enterprise firms …
Elwood Technologies crypto trading platform raises $70M
Elwood Technologies, an institutional crypto asset trading platform founded by billionaire British hedge fund manager Alan Howard, today announced a new funding round co-led by Goldman Sachs and Dawn Capital. The Series A round was joined by the crypto-friendly German bank Commerzbank, …
Solidus Labs raises $45M to protect companies against crypto risks
Solidus Labs, a startup focusing on risk monitoring for cryptocurrency assets, announced Thursday that it has raised $45 million in new funding to invest more in its threat intelligence capabilities and research and development of risk management for decentralized finance. The Series …
Meta reveals details about its upcoming Cambria mixed reality headset
Meta Platforms Inc. is continuing to push the boundaries of virtual reality with upcoming devices, and the next one, known as Project Cambria, will make VR feel more real by incorporating mixed reality. Meta Chief Executive Mark Zuckerberg today revealed how Cambria …