Biconomy raises $9M led by Mechanism Capital and DACM

biconomy funding

Blockchain transaction platform Biconomy has raised $9 million in a private funding round led by DACM and Mechanism Capital, with strategic investments from Coinbase & Bain Capital. It has raised a total of $10.5 million, including this round. The round also saw participation from investors including NFX, True Ventures, Proof Group, Ledgerprime, Primitive Ventures, Genblock, […]

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Arcana raises $375K from Coinbase’s Balaji Srinivasan, others

arcana funding

Bengaluru-based blockchain startup Arcana Network has raised $375K in the seed round from investors Balaji Srinivasan, former CTO of Coinbase, Sandeep Nailwal, and JD Kanani, Founders of Polygon (formerly Matic), Kendrick Nguyen, Founder and CEO of Republic, and other top angels in the crypto ecosystem. The funding round also saw participation from strategic investors and […]

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Instadapp funding

instadapp funding

Instadapp, a Hyderabad-based blockchain startup, has announced that it has raised $10 million in a funding round led by Standard Crypto. Other participants include DeFi Alliance, Longhash Ventures, and Yearn Founder Andre Cronje. According to the company, the fund will be used to finish the startup’s move into the middleware layers for DeFi (Decentralized Finance) […]

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[Weekly funding roundup] Venture investments in startups continue to grow

Although it started slow, the month of May has ended well for the Indian startup ecosystem after the total venture funding reached a three-figure mark.  The last week of the month recorded a venture funding of $403 million as compared to $285 million in the previous week. There were 16 venture deals during the week, […]

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Polygon funding

polygon funding

Indian cryptocurrency platform Polygon has raised an undisclosed amount from US-based investor and entrepreneur Mark Cuban.  The company strives to provide faster and cheaper deals on the Ethereum blockchain. Polygon’s native token Matic has crossed $10 Bn in market cap and is one of the top 20 crypto coins globally. Polygon is a layer 2 […]

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Digital University Of Kerala, EDII launches blockchain programme for startups and entrepreneurs

blockchain program

The Entrepreneurship Development Institute of India (EDII), Ahmedabad, and The Digital University of Kerala (DUK), in partnership with the Kerala Blockchain Academy, has launched a digital education program called “Certified Blockchain Start-up Program” under “DUK Prajna”, an online learning platform.  This platform will benefit start-ups and founders in improving their abilities in the most advanced […]

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Blockchain Runs Refugee Camp in Jordan

This Refugee Camp Runs on Blockchain Syrian refugees could regain legal identities that were lost when they fled their homes. The Blockchain technology is changing the lives of these refugees in Jordan, positively. Blockchain technologies have the potential to alleviate many of these complications. On May 31, 2017, the United Nation’s World Food Programme (WFP) completed […]

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