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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