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FinTech news in venture capital Firms category

Binance Labs launches new web3 fund with fresh $500M

Last week, former Binance executives at Old Fashion Research launched a $100 million venture fund to focus on the metaverse and bringing greater crypto adoption to emerging markets like Latin America and Africa, according to its managing partner, Ling Zhang, who was previously the vice president of M&A and investments at Binance. Venture capital firms continue to deploy and raise capital for crypto markets despite volatility in recent weeks, with Binance Labs closing a $500 million investment fund to focus on web3 and blockchain technology adoption.

AI startup LinkSquares raised Series C round of $100M

Demonstrating that there a robust market for contract management solutions, LinkSquares, a company developing intelligent software that helps brands maintain and ink new contracts, today announced that it raised $100 million in Series C financing led by G Squared.