funding

CDCROP: A Bitfarms mining facility in Washington state, U.S. (Eliza Gkritsi/CoinDesk)
Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.
The company says it can reduce the carbon footprint and land and water use of bitcoin miners through its technology.
CDCROP: A Bitfarms mining facility in Washington state, U.S. (Eliza Gkritsi/CoinDesk)

John Collison, Co-founder and President of stripe, attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. (Christophe Morin/IP3/Getty Images)
Payments Processor Stripe Secures $6.5B in Funding at $50B Valuation
Stripe's valuation has fallen about 47% from its 2021 fund raise of $95 billion.
John Collison, Co-founder and President of stripe, attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. (Christophe Morin/IP3/Getty Images)

Metalink
VC-Backed NFT Social Platform Metalink Launches Mobile App
Funded by notable Web3 figures Guy Oseary, Gary Vaynerchuk and MoonPay CEO Ivan Soto-Wright, Metalink aims to be the first mobile platform where NFT collectors can talk, track and transact.
Metalink

Common Spaces (Sasha Belitskaja)
Digital Art Platform and Residency Program Wildxyz Raises $7M
Notable investors such as Reid Hoffman, Gwyneth Paltrow and Cozomo de Medici participated in the seed funding round.
Common Spaces (Sasha Belitskaja)

Portal co-founders David Scrobonia, Raj Parekh, Rami Shahatit and Parsa Attari (Portal)
Web3 Infrastructure Startup Portal Raises $5.3M
The company emerges from stealth with a roster of backers, including Katie Haun’s investment firm.
Portal co-founders David Scrobonia, Raj Parekh, Rami Shahatit and Parsa Attari (Portal)

(Rachel Sun/ CoinDesk)
Bitcoin’s Future Hinges on Donations, and That’s Got People Worried
It costs up to $200 million a year to keep Bitcoin’s code maintained and functioning. Can developers find the resources they need in a plunging market? Frederick Munawa checks in.
(Rachel Sun/ CoinDesk)

$100 Hundred Dollar Bills (Unsplash)
DWF Labs Invests $25M in Privacy Tech Startup Beldex
The funds will help promote the ecosystem of decentralized applications that protect user data.
$100 Hundred Dollar Bills (Unsplash)

CDCROP: Financial chart (Getty Images)
Superchain Network Raises $4M to Build Decentralized Data Indexing Protocol
The $4 million combined seed and pre-seed round included participation from Blockchain Capital, Maven 11 and other investors.
CDCROP: Financial chart (Getty Images)

(Yagi Studio/Getty Images)
Web3 Builders Need Better Funding Programs, Not Just Funds
Many funding models follow a “just throw money at it” logic. What Web3 developers need is funding models that offer proper coaching and support.
(Yagi Studio/Getty Images)

Abu Dhabi launches $2 billion crypto ecosystem initiative. (Nick Fewings/Unsplash)
Abu Dhabi Starts $2B Initiative to Back Web3 Startups
The Hub71 + Digital Assets ecosystem will also back companies focusing on blockchain technologies.
Abu Dhabi launches $2 billion crypto ecosystem initiative. (Nick Fewings/Unsplash)