🚀 Grass Network Secures New Funding Round Led By Hack VC
#GrassNetwork #HackVC #PolychainCapital #DelphiDigital #Lattice #BrevanHowardDigital #funding #AI #data #internet #webcrawler #valuation #innovation
According to BlockBeats, on September 14, sources revealed that AI and data project Grass Network has completed a new round of financing led by Hack VC. The round also saw participation from Polychain Capital, Delphi Digital, Lattice, and Brevan Howard Digital. While the exact amount of the funding has not been disclosed, insiders indicated that this latest round has brought Grass Network's valuation to nearly one billion dollars.
Previously, BlockBeats reported that Grass Network had raised $3.5 million in a seed round in December of last year, led by Polychain Capital and Tribe Capital. Grass Network aims to redefine internet incentive structures by allowing users to share unused internet bandwidth resources. Currently, the network operates with over two million users running nodes, which has enabled the collection of vast amounts of data for AI models.
The infrastructure of Grass Network also positions the team to create the first user-owned internet-scale web crawler. Presently, only two companies, Google and Bing, possess the capability to crawl the entire internet, a function that underpins their trillion-dollar businesses. Grass Network's goal is to replace these giants by developing the first user-owned comprehensive internet knowledge graph.#GrassNetwork #HackVC #PolychainCapital #DelphiDigital #Lattice #BrevanHowardDigital #funding #AI #data #internet #webcrawler #valuation #innovation
🚀 TrueX Secures $9 Million Funding Led By RRE Ventures And Hack VC
#TrueX #Funding #Cryptocurrency #RREVentures #HackVC #PYUSD #Paxos #Stablecoin #TradingPlatform #USInstitutions
According to Odaily, cryptocurrency trading platform TrueX has successfully completed a $9 million funding round, with participation from RRE Ventures and Hack VC. TrueX has chosen PayPal's stablecoin PYUSD as its preferred trading token. Paxos, the issuer of PYUSD, will provide third-party custody services for TrueX users. Initially, TrueX will be available to U.S. institutions and select international institutions in certain regions.#TrueX #Funding #Cryptocurrency #RREVentures #HackVC #PYUSD #Paxos #Stablecoin #TradingPlatform #USInstitutions
🚀 Grass Foundation Completes Series A Funding Led By Hack VC
#GrassFoundation #SeriesAFunding #HackVC #PolychainCapital #DelphiDigital #BrevanHowardDigital #Lattice #CryptoFunding
According to Foresight News, the Grass Foundation has announced the completion of its Series A funding round. The round was led by Hack VC, with participation from Polychain Capital, Delphi Digital, Brevan Howard Digital, and Lattice. However, the amount raised in this funding round has not been disclosed.#GrassFoundation #SeriesAFunding #HackVC #PolychainCapital #DelphiDigital #BrevanHowardDigital #Lattice #CryptoFunding
🚀 Semantic Layer Secures $3 Million Seed Funding Led By Figment Capital
#SemanticLayer #SeedFunding #FigmentCapital #DApp #HackVC #RobotVentures #BanklessVentures #ANAGRAM #FenbushiCapital #PerridonVentures #ApplicationSpecificSequencing
According to Foresight News, DApp infrastructure developer Semantic Layer has announced the completion of a $3 million seed funding round. The round was led by Figment Capital, with participation from Hack VC, Robot Ventures, Bankless Ventures, ANAGRAM, Fenbushi Capital, and Perridon Ventures. Semantic Layer plans to introduce application-specific sequencing (ASS) to DApps.#SemanticLayer #SeedFunding #FigmentCapital #DApp #HackVC #RobotVentures #BanklessVentures #ANAGRAM #FenbushiCapital #PerridonVentures #ApplicationSpecificSequencing
🚀 German Investment Firm Lennertz & Co. Seeks $165 Million for Third Crypto Fund
#LennertzCo #CryptoFund #Investment #Blockchain #VentureCapital #Cryptocurrency #FundOfFunds #PrivateEquity #Multicoin #Polychain #HackVC #BainCapital #Lightspeed #AndreessenHorowitz
According to Odaily, German investment firm Lennertz & Co. is aiming to raise $165 million for its third cryptocurrency fund. Oksana Tiedt, the head of fund investments at Lennertz, confirmed the fund has completed its first close but did not disclose specific figures. Founded in 2015, Lennertz & Co. is a multi-family office that invests in various asset classes, including private equity and traditional venture capital. The firm began exploring the blockchain sector around 2016 and launched a $35 million fund of funds in 2020 after privately investing in a fund. In 2022, it introduced a second $65 million fund. As a fund of funds, Lennertz does not directly invest in portfolio companies or token trades but rather invests in other firms, including well-known crypto venture capital firms like Multicoin, Polychain, and Hack VC. The second fund focused on generalist funds with crypto strategies, including Bain Capital, Lightspeed, and Andreessen Horowitz. With the third fund, Lennertz plans to invest in 8 to 10 blockchain-focused venture capital funds, some in Europe but mostly in the United States. Tiedt mentioned that Lennertz has already raised sufficient funds to invest in two funds, specifically Polychain and Bain Capital's crypto funds.#LennertzCo #CryptoFund #Investment #Blockchain #VentureCapital #Cryptocurrency #FundOfFunds #PrivateEquity #Multicoin #Polychain #HackVC #BainCapital #Lightspeed #AndreessenHorowitz
🚀 0G Labs To Open Node Sales On November 11
#0GLabs #NodeSales #Web3 #ModularInfrastructure #ETH #Blockchain #PreSeedFunding #HackVC #ForesightVentures
According to Foresight News, Web3 modular infrastructure company 0G Labs will commence node sales on November 11. The sale will feature 32 tiers, with each node starting at a price of 0.05 ETH. The initial sales period, from November 11 at 20:00 to November 13 at 20:00 (UTC+8), will be exclusively available to whitelisted users. Following this period, the sales will be open to the general public.
Previously, in March 2024, 0G Labs successfully completed a $30 million Pre-Seed funding round. The round was led by Hack VC, with participation from Foresight Ventures and other investors.#0GLabs #NodeSales #Web3 #ModularInfrastructure #ETH #Blockchain #PreSeedFunding #HackVC #ForesightVentures
🚀 Blockchain Project TAC Secures $11.5 Million in Funding Rounds
#Blockchain #TAC #Funding #EVM #DeFi #TON #Telegram #Investment #HackVC
According to Odaily, blockchain project TAC has announced the successful raising of $11.5 million through its seed and strategic funding rounds. The latest strategic round, which brought in $5 million, was led by Hack VC. TAC aims to provide EVM-compatible DeFi infrastructure for the TON and Telegram ecosystems. The project plans to gradually roll out its mainnet features in phases.#Blockchain #TAC #Funding #EVM #DeFi #TON #Telegram #Investment #HackVC
🚀 Opinion Secures $20 Million in Series A Funding to Expand Prediction Market
#PredictionMarket #SeriesAFunding #MacroeconomicEvents #Cryptocurrency #CulturalTopics #CPIData #GlobalTrading #HackVC #JumpCrypto #PrimitiveVentures #Decasonic
Prediction market platform Opinion has successfully raised $20 million in a Series A funding round. According to Odaily, the investment was led by Hack VC, Jump Crypto, Primitive Ventures, and Decasonic. The platform has broadened its trading scope to include macroeconomic events, pre-token issuance activities, cultural topics, and cryptocurrency-related events, such as CPI data. Currently, Opinion handles approximately one-third of the global prediction market trading volume, with open contracts exceeding $130 million.#PredictionMarket #SeriesAFunding #MacroeconomicEvents #Cryptocurrency #CulturalTopics #CPIData #GlobalTrading #HackVC #JumpCrypto #PrimitiveVentures #Decasonic