Venture Capital

Private Jets Leasor Plans to Raise $10 Million for Crypto Charter Flights

  • Payments will be made in Jet Token's Ethereum ERC-20 token to allow for flexibility and quicker bookings.
  • How these ERC-20 tokens will be issued is still unclear, though clients will be able to purchase them with cash or Bitcoin.

Biometric Cybersecurity Startup Keyless Attracts Notable Investors

  • Keyless managed to raise $2.2 million from a seed funding round.
  • Ripple Xpring's Senior VP describes that they saw potential in the cybersecurity company's product and decided to bet on it.

PeerNova Raises $31 Million with the Help of Overstock’s VC Arm

  • With the completion of its Series B funding round, PeerNova's total fundraising has reached $74 million.
  • The company first started off as a bitcoin mining venture, but has since focused on enterprise blockchain software.

Encryption Startup StrongSalt Raises $3 Million in Seed Round

  • The company plans to use the new investment to further the development of its encryption platform, which will bring standardized encryption techniques to blockchain.
  • Backed by three encryption-related patents, the startup is planning to release its encryption API platform in Q4 2019.

Anchorage Raises $40m in a Series B Round, led by Visa and Blockchain Capital

  • Institutional crypto custody provider Anchorage has raised $40 million in a Series B funding round.
  • The round was backed by Visa, Blockchain Capital and existing investors such as Andreessen Horowitz.

Clause Closes a $5.5 Million Series A Funding Round, Partners with DocuSign

  • Clause provides blockchain-based solutions which facilitate the creation, storage and maintenance of digital contracts for businesses.
  • The new funds will help bring smart contracts to enterprises.

Alibaba’s Ant Financial Back $10 Million Round for ZKP Blockchain Privacy Solutions Firm

  • QEDIT was the company raising funds in a Series A round, led by Chinese business titans.
  • QEDIT focuses on developing privacy solutions with zero knowledge proof (ZKP) technology.

Facebook Seeking $1 Billion in Funding for Crypto Project According to NYT Reporter

  • At the end of February, the NYT reported that the potential "Facebook Coin" could be usable across the Messenger App, WhatsApp, and Instagram.
  • Even though Facebook set up a blockchain team back in May 2018, rumors of a "Facebook Coin" surfaced last December after a Bloomberg report, which speculated that the coin could be used for money transfers within WhatsApp.

Crypto Trading Platform Liquid Valued at Over $1 Billion After Funding Round

  • Liquid's Series C round was reportedly led by American investment firm IDG Capital, and saw participation from popular mining manufacturer Bitmain Technologies.
  • Liquid.com was launched by Quoine back in September, with the goal of providing users with access to a "worldwide network of cryptocurrency exchanges".

Token Startup Tackling Fake News Raises $3 Million in Seed Funding

  • Band Protocol, a Thailand-based blockchain startup, has secured $3 million in seed funding led by Sequoia India, marking the first blockchain investment made by the venture capital firm in Southeast Asia.
  • In the press release, the company stated that, while the internet is a powerful platform for information generation and distribution, it has also led to the spread of inaccurate information, such as fake news and fraudulent data.