Funding Rounds

Numerai Token Sale Raises $11 Million From VC Firms Paradigm, Placeholder

Hedge fund and predictions market startup Numerai just closed an $11 million round led by Paradigm and Placeholder.

Blockchain staking startup Bison Trails has raised $5.25 million in a series seed funding round backed by investors including Galaxy Digital.

Crypto investment app startup Donut has raised $1.8 million in a seed funding round as the firm prepares to take its beta product live.

Blockchain interoperability project Tendermint has raised $9 million in a Series A funding round led by tech-focused VC firm Paradigm.

Canaan Creative, the maker of Avalon miners, has closed a significant funding round, valuing the firm at over $1 billion, according to a report.

Ground X, the blockchain subsidiary of South Korea’s Kakao, has raised $90 million in a private coin offering, Bloomberg says.

Private blockchain studio StrongBlock – founded by former execs from Block.one, the company behind EOS – has raised $4 million.

ConsenSys Ventures has invested $1.15 million in blockchain privacy startup Ligero and an undisclosed amount in crypto exchange PDAX.

Circle Internet Financial is reportedly looking to raise a further $250 million in funding to counter the bear market slump.

GIC Private Limited, a Singapore government-owned wealth fund, backed Coinbase’s major funding round last year, say Bloomberg sources.