Funding

Portal Ventures founders Evan Fisher and Catrina Wang discussed their newest fund with Blockworks

“BIO can be thought of as a Y Combinator for onchain Science,” Binance said in a statement

Spire, Citrea and Nillion also announced raises this week

But the sector’s rise in popularity hasn’t come without hiccups

Plus, MoonWalk Fitness announced a $3.4 million seed round

A gaming studio helmed by an Electronic Arts veteran announced a Series A this week

Plus, crypto VC funding in Q3 is still lagging

Delta comes out of stealth with $11 million in funding, and some novel ideas

Thirty-three DeFi companies announced raises last month, data from the TIE terminal shows

Plus, NFT trading volumes are seeing all-time lows

Meanwhile, a16z announced its first raise for a decentralized science (DeSci) project

Wynd Labs CEO Andrej Radonjic explains why Grass is open-sourcing “valuable” AI data

Company raises $15 million for Bitcoin and Ethereum crossover network

MagicBlock is using ephemeral rollups to develop a gaming engine that lets video games run fully onchain

A series of raises were announced as 21 projects gear up to take part in a16z’s CSX

Plus, Solana had a bearish August, but SOL locked in DeFi

The Solana-based creator platform announced its seed round today

Token launches could also see a comeback this fall, PitchBook’s Robert Le said

Plus, the rise and fall of Friend.tech

A fund co-founded by Alan Howard’s son and 10T veterans launched alongside a generalist fund with Notation Capital co-founder Nick Chirls as a general partner

Space and Time Labs and Edge Matrix topped this week’s funding announcements with raises of $20 million each

Curve founder and his company are voting ‘yea’

Aya Miyaguchi, executive director of the EF, emphasized that the transfer was routine treasury management and not indicative of a sale

An IP blockchain and a cryptography firm walk into a bar… just kidding, they both announced substantial raises this week, topping $110 million combined