UK Venture Capital Investments Plummet 70%, Web 3 Sector Offers Hope
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The UK Web 3 venture capital space seems promising as a16z leads a $43 million round while crypto investments globally fall from $1.8 billion in June 2022 to around $520 million in June 2023. Andreessen Horowitz’s a16z crypto led a UK blockchain-related artificial intelligence startup’s $43 million round in an otherwise bleak funding year for crypto. A16z Bets on UK Web 3 and AI Potential At around $216 million, infrastructure investments accounted for crypto’s largest slice of VC money, followed by decentralized finance and gaming. Coinbase Ventures and Hong Kong’s HashKey Capital were the most active investors in the space.
Lucrosus Capital is the first gamified Decentralized Venture Capital (DeVC) providing institutional benefits to individual investors through its own token. Tokenization allowed this project to truly... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
The launch is the latest in an increasing number of venture capital funds focused on digital assets Pyxis is on track to raise at least $25 million for the launch and plans to institute a cap of $40... [[ This is a content summary only. Visit my website for full…