By Shikha Singh
VanEck launches $30 mn Ventures Fund For Crypto And AI.
VanEck, a prominent issuer of spot Bitcoin exchange-traded funds (ETFs) in the U.S., has introduced a
new initiative aimed at supporting early-stage projects in cryptocurrency and artificial intelligence. On
October 9, the company announced the launch of VanEck Ventures, a $30 million fund dedicated to
investing in fintech, crypto, and AI startups at the pre-seed and seed stages.
Atua AI Secures $23 mn Funding to Advance AI Solutions for Web3 Businesses.
Atua AI has raised $23 million in funding to enhance its range of AI-driven solutions designed for Web3
businesses.
The investment round, led by KaJ Labs, a decentralized research organization, was reported by JinSe
Finance.
This new capital will enable Atua AI to expand its operations and improve its AI tools, aiming to
transform the Web3 landscape.
Polychain, Franklin Templeton Back Bitlayer’s $9 mn Series A Extension.
Bitcoin layer-2 platform Bitlayer has successfully extended its recent Series A funding round, securing an
additional $9 million from existing investors Franklin Templeton and Polychain Capital.
According to an announcement on October 8, other participants in this round included SCB Limited,
Selini Capital, and G-20 Group.
Yala, Bitcoin Liquidity Layer Featuring Stablecoin Protocol, Raises $8 mn in Seed Round.
Yala, a Bitcoin liquidity platform utilizing a modular approach and featuring an overcollateralized
stablecoin protocol, has raised $8 million in a seed funding round.
According to a press release, the round was co-led by Polychain Capital and Ethereal Ventures, with
participation from notable investors including Galaxy Vision Hill, Anagram, Amber Group, ABCDE,
Ambush Capital, GeekCartel, HashKey Capital, L2 Iterative Ventures (L2IV), SatoshiLab, UpHonest
Capital, UTXO Management, and 280 Capital.
Figment Capital Leads $3 mn Seed Round For Semantic Layer.
Semantic Layer, a developer of decentralized application (dApp) infrastructure, has secured $3 million in
seed financing, marking its total funding to date.
The round was led by Figment Capital, with additional backing from Hack VC, Robot Ventures, Bankless
Ventures, Fenbushi Capital, Anagram, and Perridon Ventures, as stated in a release.
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