In a record Series A financing, Polychain Capital invested $38 million in Movement Labs to improve blockchain security and scalability. Developer tools and educational activities funded by Movement Labs foster creativity and blockchain competence. The Movement L2 testnet propelled Ethereum Virtual Machines based on the Move protocol toward mainstream adoption. Rushi Manche and Cooper Scanlon, the 21- and 24-year-old co-founders of Movement Labs, have raised an astounding $38 million in Series...

Illuvium, a Sydney-based Web3 gaming firm, has made a significant stride in its journey by securing a substantial $12 million in Series A...

IO Research successfully closed a $30 million Series A funding round. The project harnesses Solana's blockchain capabilities to offer transparent proof-of-compute. The...