Tag: VC funding

Venture Capitalists Inject $12M into CryptoKitties Project

Most people who have kept a close eye on cryptocurrencies will remember the CryptoKitties project. Although it doesn’t seem to serve any real purpose, the project has been wildly successful. So much, even, that it has now received US$12 million in funding from VC companies which see merit in this particular concept. More cats will be unleashed on a blockchain near you, by the look of things. CryptoKitties Gets VC Funding Even …
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Fintech VC Funding Dips Sharply In Q2 2016

Over the past few years, there has been a significant growth in C funding for the fintech sector. Bitcoin and blockchain companies have seen their fair share of investment capital as well. But a new study by CB Insights seems to indicate the VC funding space is hitting the proverbial glass ceiling. Concerns over high valuations and a lack of IPO exits are cause of grave concern. VC Funding In …
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Blockchain Capital Raises $13 Million for Second Investment Fund

Blockchain Capital, a prominent VC investor firm in the blockchain space, has raised $13 million in funding for its second investment fund. Blockchain Capital was initially aiming to raise about $10 million, but due to all the hype surrounding distributed ledgers, the funding round was oversubscribed by about $3 million. BC was one of the first investment funds in the cryptocurrency scene. Since its inception in 2013, BC has invested …
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