đ Crypto VC Buzz: $202M Raised in a Week! đ
The crypto venture capital scene was on fire between Aug. 18-24, with 32 blockchain startups securing over $202 million! Here are some highlights:
- **Story Protocol**: Raised $80M in Series B, led by Andreessen Horowitz. Aims to protect IP using blockchain tech. Total funding now $140M, valuing the company at $2.25B.
- **Sorella Labs**: Secured $7.5M to enhance Ethereum tools. Paradigm led the round.
- **Corn**: Collected $6.7M for its Ethereum layer-2 network. Polychain Capital led the seed round.
- **BSX Exchange**: Raised $6.2M for its decentralized derivatives protocol.
- **Orderly Network**: Bagged $5M to develop a web3 liquidity layer.
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