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    Home ยป VC Roundup Blockchain Startups on the Rise
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    VC Roundup Blockchain Startups on the Rise

    By adminJul. 13, 2024No Comments2 Mins Read
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    VC Roundup Blockchain Startups on the Rise
    VC Roundup Blockchain Startups on the Rise
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    Blockchain startups secured a total of $150.9 million in funding in recent days, indicating strong investment activity in the crypto space. According to Crypto Fundraising, 22 startups received funding in various rounds. The largest funding round of the week was led by Partior, which raised $60 million in a Series B round. Partior plans to use the funds to enhance its global unified ledger-based interbank rails for real-time clearing and settlement. The round was spearheaded by Peak XV Partners, with participation from Valor Capital Group, Jump Trading Group, and existing investors such as J.P. Morgan, Standard Chartered, and Temasek. RedStone Oracles secured $15 million in a series A round to advance its modular blockchain oracle solution. The funding round was led by Arrington Capital and saw contributions from Spartan, IOSG Ventures, and other investors. SendBlocks, an Israeli startup specializing in blockchain data management, raised $8.2 million in seed funding led by Castle Island Ventures. Other notable fundraises include Tabi, which raised $16.1 million in a public sale round, and ZAP, which secured $15 million from investors. Rome Protocol also emerged from stealth with $9 million in funding from top-tier crypto VC firms. The blockchain sector continues to attract significant investment as interest in cryptocurrencies grows.

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