Stably
Facts
- Sectors
- Cryptocurrency, Blockchain, Web3
- Stage
- Seed
- Total raised
- $7M SEC Form D filings Total of this company's SEC Form D filings
- Last round
- $4.5M · Dec 2021 SEC Form D
Seattle Blockchain VC Bloccelerate Raises $20M for Second Fund Amid Crypto Market Slowdown
Seattle-based blockchain VC firm Bloccelerate is raising a second fund and has secured $20 million so far, building on its original $12 million fund from 2020. Despite a slowdown in blockchain and Web3 startup funding during the crypto market downturn, Bloccelerate and other firms like Andreessen Horowitz continue to invest heavily in the space.
Seattle startups push into crypto, blockchain and Web3 amid investor caution and regulatory shifts
The article lists Seattle startups building products and services around crypto, blockchain, and Web3, noting the region’s talent but limited local investor interest and regulatory uncertainty. Industry leaders cite Seattle’s potential as a cloud-computing hub while warning entrepreneurs face funding disadvantages compared with other jurisdictions.
Coinbase IPO Soars to $85 Billion, Nets Windfalls for Early Backers Including Version One Ventures
Coinbase’s IPO pushed its valuation to $85 billion and delivered major returns to early investors like Version One Ventures, which made a highly profitable bet years ago. The article examines how Seattle and Pacific Northwest investors view crypto and blockchain as the region seeks to grow its fintech presence amid emerging local startups and initiatives.
Coinme raises $5.5M as transactions climb 40% and plans 50% hiring, led by Pantera Capital
Seattle cryptocurrency ATM startup Coinme raised $5.5 million as transaction volumes rose more than 40% since late February, aided by its Coinstar partnership and presence in essential retail locations. The company, led by CEO Neil Bergquist, plans 50% headcount growth, expansion into Latin America, and was led in funding by Pantera Capital.
