Despite the ongoing downturn in the cryptocurrency market, venture capital investment remains strong, with $141.3 million invested in 20 different companies in a two-week period. Leading the charge is Morpho, which secured $50 million in a funding round led by Ribbit Capital. Other prominent investors in this round included Kraken Ventures, Brevan Howard, A16z Crypto, Pantera Capital and Coinbase Ventures.
According to data from cryptofundraising.info, an extended Series A round of $18 million was raised by Andrena, a U.S. internet service provider developing DAWN (Decentralized Autonomous Wireless Network), a decentralized broadband protocol. Dragonfly Capital led this round with participation from…
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