Lightning Community payment rail, DeFi investing platform and blockchain protection company elevate millions

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Bitcoin

Even with the onset of crypto winter season, 2022 has been a watershed year for venture funds funding. Crypto and blockchain corporations collectively lifted $30.3 billion in undertaking capital in the to start with fifty percent of 2022, exceeding all of previous year’s totals. When the variety of promotions has declined in modern months, startups at the intersection of blockchain payments, decentralized finance (DeFi) and cybersecurity are even now attracting sizable desire from the VC local community. The newest edition of VC Roundup highlights some of the most intriguing funding specials of the earlier month.

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ZEBEDEE closes $35M Series B

ZEBEDEE, a Bitcoin (BTC)-powered payment processor for the gaming sector, has elevated $35 million from several investors which include Kingsway Cash, The Raine Group and Sq. Enix. ZEBEDEE is essentially a platform that makes it possible for video game builders to include programmable revenue, like BTC, into their video games. The payment platform is driven by Lightning Community, earning ZEBEDEE a “Bitcoin enabler of choice” for its companions, according to Kingsway Funds running companion Afonso Campos.

Blockchain security business raises $90M Sequence A

Blockchain security firm Halborn closed a $90 million funding round in July that was led by Summit Associates with added participation from Castle Island Ventures, Electronic Currency Group and Brevan Howard, amid others. Halborn was founded in 2019 by moral hackers presenting blockchain security companies. The enterprise not too long ago warned MetaMask consumers to be weary of a phishing marketing campaign concentrating on their browser wallets.

DeFi system Hashflow raises $25M in Sequence A funding

Hashflow, a decentralized finance buying and selling platform headquartered in San Francisco, has closed a $25 million funding spherical backed by some of crypto’s most outstanding undertaking cash. The expense spherical, which experienced participation from Jump Crypto, Electric powered Cash, Dragonfly Money Companions and GSR, will support Hashflow in expanding its products choices for current market markers and institutional traders.

Socios acquires 24.5% stake in Barca Studios

Fan engagement token system Socios announced in early August that it would devote $100 million in Barca Studios, the electronic information arm of the FC Barcelona soccer club. Socios, which is owned by blockchain know-how service provider Chiliz, will aid FC Barcelona speed up its Website3 and nonfungible token (NFT) engagement method. Specifically, Barca Studios is pursuing NFT and metaverse assignments that will assist the football club interact with its extensive world wide fanbase, and will count on Socios’ blockchain to deliver on the technique.

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EtherMail secures seed funding for wallet-to-wallet communications

World-wide-web3 e-mail solution EtherMail has elevated $3 million ahead of the planned launch of its encrypted wallet-to-wallet interaction assistance. Scheduled for release in the 3rd quarter, EtherMail allows World-wide-web3 providers to mail “rich, related content directly to their asset holders,” thereby lowering the hazard of communication fraud. The assistance also streamlines neighborhood e-newsletter distribution by enabling autonomous, self-updating mailing lists. The seed spherical was led by Material Ventures and Greenfield 1.