Codex Protocol Receives $5 Million Investment From Blockchain Fund Pantera Capital paymentweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentweek.com Daily Mail and Mail on Sunday newspapers.
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. YC had its biggest news in years this week: Garry Tan will be the new president and CEO of the organization, starting January 2023. Tan co-founded and helped scale Initialized Capital to […]
Shipyard Software Raises $21M for Clipper Decentralized Exchange, Ravikant Among Backers
Shipyard Softwareannounced today it has raised $21 million for Clipper, a next-generation decentralized exchange (DEX) that caters to retail traders. A $4 million equity round was led by Polychain Capital with participation from 0x Labs, 1inch, DeFi Alliance, and Quantstamp, as well asother notable investors such as Metacartel DAO, Robert Leshner and Tarun Chitra from Robot Ventures, FJLabs, and Naval Ravikant. An additional $17 million was pledged by liquidity providers for the pool of Clipper, the first decentralized exchange by Shipyard, which launched its beta today as well. Polychain, Nascent, Three Arrows Capital, Electric Capital, LD Capital, IOSG, and other angels participated in the LP, with another several million reserved for members of the community to join the pool. Clipper recently completed a full integration with DEX aggregators 1Inch and 0x.
Shipyard Software Raises $21M for its First Decentralized Exchange, Clipper Clipper DEX to offer best available prices to retail traders under $10k financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
Abe Othman is the head of data science at AngelList Venture, where he leads a small team creating the new field of quantitative venture capital. He has founded two machine-learning companies with successful exits and invested in more than a dozen seed-stage companies. He received his A.B. from Harvard in Applied Math and a Ph.D. in Computer Science from Carnegie Mellon. More posts by this contributor
Tech innovation is becoming more widely distributed across the United States.
Among the five startups launched in 2020 that raised the most financing, four were based outside the Bay Area. Prominent VCs like Keith Rabois of Founders Fund, David Blumberg of Blumberg Capital, and Joe Lonsdale of 8VC have moved out of the Bay Area to new emerging tech hubs, which AngelList defines as Austin, Texas; Seattle; Denver; Portland, Oregon; Brooklyn, New York; Nashville, Tennessee; Pittsburgh; and Miami.