February 15, 2021 @ 11:08 am By Omar Faridi
Dapper Labs, which is the company behind highly-popular digital collectibles like NBA Top Shots and CryptoKitties, has finalized an initial tranche of bridge financing. Dapper Labs confirmed that it plans to secure as much as $50 million in capital.
Last year, Dapper Labs had acquired $13.4 million in a tranched bridge financing round from Coinbase Ventures, Distributed Global, Valor Capital Group, A.Capital, BlockTower Capital, Blockchange Ventures, EONXI Ventures, Reed Company, Greenfield One, North Island Ventures, Republic Labs, L1 Digital AG, Pirata Capital, and Samsung NEXT.
Other round participants in August 2020 included Andreessen Horowitz’s Cultural Leadership Fund, Union Square Ventures, Venrock, Accomplice, Animoca Brands, AppWorks, NBA athletes
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DeFi Platform Celo Raises $20M in New Funding Round, Launches Payment App Valora
Feb 11 2021 · 10:20 UTC | Updated
Feb 11 2021 · 10:28 by Benjamin Godfrey · 3 min read
Photo: The Celo Blog
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One of the hallmarks of the achievement of the cLabs, the development arm of Celo, is the launch of the Valora app, the first mobile peer-to-peer payments and remittance app built on the Celo platform.
Decentralized Finance (DeFi) payments platform Celo has announced a successful $20 million fundraiser, bringing the total funds raised by the startup to $65 million. According to the official announcement, the latest funding round was backed by Andreessen Horowitz (a16z), Greenfield One, and Electric Capital. These latest investors join Celo’s earlier investors such as Coinbase Ventures and Jack Dorsey who saw the potentials in the projects earlier. Celo has also revealed the launch of its Valora app.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Celo Receives Additional $20 Million In Institutional Backing Amid Launch Of Global Payments Application And Exponential User Growth
February 10, 2021 GMT
SAN FRANCISCO, Feb. 10, 2021 /PRNewswire/ Celo, an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone, today announced $20 million in new backing from purchasers and partners including Andreessen Horowitz, Greenfield One, and Electric Capital. To date, Celo has garnered more than $65 million from backers including Polychain Capital, Reid Hoffman, Jack Dorsey, Coinbase Ventures, Social Capital, Dragonfly Capital, Version One Ventures, SV Angel, and Valor Capital, among others.