VC Roundup: Enterprise Blockchain, Bitcoin Staking, and Web3 Draw Interest from Investors
Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding offers from the crypto and blockchain world.< /p>
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The sharp rise in global interest rates may have limited investor appetite for crypto projects, but new projects continue to thrive and attract capital to accelerate growth. Data from the Cointelegraph Research Venture Capital database shows that June ended with a 29.73% decrease in venture capital investment, with just $779.32 million secured in 62 deals, per compared to June 2022. However, the general trend for the year shows an increase in venture capital. offers. Cointelegraph's venture capital roundup highlights the latest ventures striving in this complex and competitive environment.
Orbital raises $6.4 million to expand enterprise blockchain servicesEnterprise crypto platform Orbital has raised $6.4 million (€5 million) in a funding round led by venture capital firm Golden Record Ventures. Other investors included New Form Capital, GSRV and Luminous Futures. The funding will be used to expand Orbital's product development, particularly blockchain payment infrastructure for traditional businesses. The company enables traditional businesses to accept crypto payments from its customers and convert them into fiat currencies like US Dollars, Euros and British Pounds. The company claims to process $250 million in transactions each month for its customers.
DeFi protocol unshETH raises $3.3 million in funding roundThe unshETH project, a decentralized financial protocol targeting Ethereum staking solutions, closed a $3.3 million seed round in August. The funds were backed by Soma Capital and ICONIQ Capital, as well as several other investors, including Fan Zhang, co-founder...
Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding offers from the crypto and blockchain world.< /p>
News
Join us on social networks
The sharp rise in global interest rates may have limited investor appetite for crypto projects, but new projects continue to thrive and attract capital to accelerate growth. Data from the Cointelegraph Research Venture Capital database shows that June ended with a 29.73% decrease in venture capital investment, with just $779.32 million secured in 62 deals, per compared to June 2022. However, the general trend for the year shows an increase in venture capital. offers. Cointelegraph's venture capital roundup highlights the latest ventures striving in this complex and competitive environment.
Orbital raises $6.4 million to expand enterprise blockchain servicesEnterprise crypto platform Orbital has raised $6.4 million (€5 million) in a funding round led by venture capital firm Golden Record Ventures. Other investors included New Form Capital, GSRV and Luminous Futures. The funding will be used to expand Orbital's product development, particularly blockchain payment infrastructure for traditional businesses. The company enables traditional businesses to accept crypto payments from its customers and convert them into fiat currencies like US Dollars, Euros and British Pounds. The company claims to process $250 million in transactions each month for its customers.
DeFi protocol unshETH raises $3.3 million in funding roundThe unshETH project, a decentralized financial protocol targeting Ethereum staking solutions, closed a $3.3 million seed round in August. The funds were backed by Soma Capital and ICONIQ Capital, as well as several other investors, including Fan Zhang, co-founder...
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