Tag: Electric Capital

Near Foundation Raises $150 Million to Bolster Web3 Adoption

Near Foundation Raises $150 Million to Bolster Web3 Adoption

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

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Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’

Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’

The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through the volatility of the cryptocurrency markets.” Defi Exchange Dydx Raises $65 million from Strategic […]

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DeFi lending protocol startup Swivel Finance raises $1.15 million in seed funding

DeFi lending protocol startup Swivel Finance raises $1.15 million in seed funding

Swivel Finance has raised $1.15 million in a seed round led by investment firm Multicoin Capital. The seed round included investments from Electric Capital, CMS Holdings, Defiance Capital and Divergence Ventures. Several angel investors also participated in the round, including Huobi corporate investment advisor Alex Pack and Aave founder Stani Kulechov.  According to the team […]

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