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FinTech news in A.Capital category

NFT startup POAP raised Seed round of $10M led by Sapphire Sport

POAP, which stands for Proof Of Attendance Protocol, wants to dial deeper into the idea of using NFT to create internet communities, with a protocol that helps build more active communities and award individual participation like taking part in an event.

Walnut raised Series B round $35M led by Felicis Ventures

Vilner says the firm’s name was one he kept hearing over and over, and he and co-founder Danni Friedland were interested in Felicis’ fund for SaaS and software, thinking it would be the right fit. Joining Felicis are existing investors NFX, Eight Roads Ventures and A Capital and a group of strategic angel investors, including Salesforce president and CMO Sarah Franklin, Okta co-founder Frederic Kerrest, TripActions co-founder and CEO Ariel Cohen and Papaya Global co-founder and CEO Eynat Guez. After securing a $15 million Series A in August, Walnut, a company that creates sales and marketing demo experiences, is back to announce its new round of $35 million in Series B financing. Walnut no-code platform enables teams to create customized product demonstrations quickly, be able to integrate them into their sales and marketing processes and then generate insights from the demos. Since the Series A, the company grew a staggering 700% in annual recurring revenue, co-founder and CEO Yoav Vilner told journalist.