Web3Firewall announces $2.5m pre-seed investment round

Web3Firewall has closed a $2.5m pre-seed investment round led by Laser Digital (Nomura’s digital asset subsidiary) gumi Cryptos Capital (gCC) and SPEILLLP, a member of Susquehanna International Group.

The company has developed an intelligence-driven risk and compliance platform specifically to meet the evolving challenges of companies engaged in blockchain technology and digital assets.

Web3Firewall was founded in 2023 by Dr. Samer Fayssal, who was previously CISO and...

Supply chain technology provider Finboot announces latest funding round

Finboot has completed the first close of its latest funding round to accelerate the next phase of its growth strategy – with a particular focus on enabling companies and their net-zero transition through technology.

This latest funding round has been led by a strategic investor together with Wealth Club. 

Finboot helps its customers and partners accelerate their digital transformation, and by doing so helps them realise value and build trust through leading edge...

University of Warwick receives £1.25 million to revolutionise AI and financial research

A collection of Sterling notes.

The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years.

Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology...

Ginger Joy raises £1 million for Web3 blockchain-based mobile gaming startup

Ginger Joy, the Web3 mobile gaming startup , has announced its most recent round of fundraising of £1 million. This capital will be used to develop mobile-native gaming ecosystems with blockchain-based interoperability.

Ginger Joy is a spin-off company of Matchingham Games, an established UK developer with nearly 500 million installations globally and over 120 staff members.

The new startup has been bolstered by a veteran management team from across the gaming sector,...

Shima Capital invests in blockchain infrastructure startup Artela

Shima Capital has invested in Artela Network, a blockchain infrastructure startup founded by a team of industry veterans.

Other contributors in the round include A&T Capital, Big Brain Holdings, SevenX, Dispersion and Amino.

The Artela team is pioneering a unique solution designed to answer the rising need for large-scale, decentralized apps by creating a base-layer blockchain network. The unique architecture of Artela encourages developers to create...

ABO Digital backs IoT blockchain firm Kalima with $10m

A bundle of $100 notes.

Kalima, a delegated proof-of-stake (PoS) blockchain for IoT and data, has pumped $10m into French-based blockchain company, ABO Digital.

Kalima is marketed as a rapidly growing ecosystem that allows enterprises, developers and startups to build the future of Web3 Enterprise and Data Governance applications, particularly with IoT (Internet of Things) data, in order to solve real-world problems.

It is a layer 1 third-generation blockchain, which enables users to...

Layer-1 blockchain company Shardeum raises $5.4m in funding

Shardeum, a scalable EVM-based layer-1 blockchain deploying dynamic state sharding, has closed a $5.4 million strategic raise with participation from Amber Group, Galxe, J17 Capital, JSquare, and TRGC, among others.

The team behind Shardeum aims to leverage the additional funding to further support the growth of the ecosystem in the lead-up to the mainnet launch later this year. 

Founded in 2022, Shardeum is a highly-scalable EVM-based layer-1 blockchain deploying...

Coincover raises $30m to bolster digital asset security

Security

London-based digital asset protection firm Coincover has secured $30 million (£25m) in a funding round led by Foundation Capital with additional investment from CMT Digital.

The company plans to use the funds to scale its operations, increase recruitment, and develop new products that strengthen the security of the cryptocurrency space.

Coincover launched in 2019 with the goal of improving trust within the digital asset sector. It already works with more than 300...

Blockchain Technology Partners raises £2 million for distributed ledgers tech

A collection of Sterling notes.

Enterprise blockchain firm Blockchain Technology Partners (BTP) has closed a seed round of £2 million.

BTP was founded in 2018 with the mission to bring the benefits of distributed ledger technology to business. BTP enables organisations to build multiparty applications by taking care of the underlying technology infrastructure. The company’s flagship offering, Sextant, radically simplifies the deployment and management of enterprise blockchain infrastructure.

Drastic...

Chainalysis valued at £3.6 billion after series E funding

ICO - ICOBox

The blockchain analytics and intelligence firm, Chainalysis, has raised $100 million (£72m) after its fifth round of funding, bringing its total valuation to $4.2 billion (£3.6bn).

Funding was led by investment management company Coatue, with further funds being provided by Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage and SVB Capital.

This latest round of funding follows on from a successful series D round back in March 2021 in which Chainalysis raised $100m...