Decoupling VC From The Market

May 13, 2022 in Crypto Funding Friday

This week, venture capital apparently didn’t read any of the crypto news, nearly doubling last week’s fundraising total when the market dropped 25% over the previous seven days. There was a solid distribution across sectors in a week that saw $1.1 billion raised across 43 projects, though Infrastructure took the top spot at $390 million. CeFi raised $249 million, with …

Less Mining, More NFTs

April 29, 2022 in Crypto Funding Friday

This week, twenty-six crypto companies raised money through venture capital firms, totaling $622 million. NFT projects received over half of the pool at $319 million. In a relatively slow week for Infrastructure startups, they raised $125 million, followed by DeFi ($113 million), CeFi ($34 million), and lastly, Web3 ($33 million). Additionally, three new funds launched this week with a combined …

Five Stocks For Seasonal and Style Factors

in Signal from Noise

Key Takeaways Identifying economic trends is critical to entering and exiting positions. We take you through some of our process for identifying beneficiaries of tactical themes in our Granny Shots portfolio. Keep in mind the importance of not shouting at the market, regardless of circumstances. Remember in investing that less can often be more. We show you how successful active …

Into the Metaverse (But Not Adidas’)

in Crypto Funding Friday

Venture Capital Deals Swoops is an NFT-based fantasy basketball game where each basketball player is minted as an NFT that can be purchased, traded, staked, etc. The startup raised $3.5 million in a Series A led by Courtside Ventures and Alpaca VC. Other participants in the round included Slow Ventures, Red Beard Ventures, and a few individual investors like Jason …

A Framework for Positioning Around Tightening Monetary Policy

in Crypto Weekly

Weekly Recap It was yet another choppy, risk-off week for crypto, as investor concerns over inflation and the impending Fed response grew. Last week, we discussed how the March FOMC meeting minutes discussed an expeditious plan for rate hikes and a roadmap for quantitative tightening starting as early as May. This clearly reverberated throughout both traditional and crypto markets over …

VCs Target Infrastructure with a Hint of DeFi

April 1, 2022 in Crypto Funding Friday

Venture Capital Deals zkLend is an Ethereum-based crypto money market similar to Aave and Compound, but will use zero-knowledge rollups to allow users to borrow and lend liquidity without broadcasting identifying information to the Ethereum chain. The project raised $5 million in a seed round led by Delphi Digital with participation from Starkware, Three Arrows Capital, and Alameda Research, among …

One for the Record Books

March 25, 2022 in Crypto Funding Friday

Venture Capital Deals Yuga Labs is an NFT/metaverse developer most widely known for creating the Bored Ape Yacht Club NFT collection, the largest NFT collection by market cap at over 1 million ETH (~$3 billion at the time of writing). Yuga raised $450 million in a funding round that valued the company at $4 billion. The round was led by …

All-In On Infrastructure

March 18, 2022 in Crypto Funding Friday

Venture Capital Deals Hexa Wallet is a self-custody Bitcoin wallet that gives users the ability to control their own private keys without being a simple non-custodial wallet that isn’t as private as a custodial one. The fintech startup raised $1 million in pre-seed investments from Fulgur Ventures and Brad Mills with Bank To The Future and Plan B Ventures as …