News with the tag "Sequoia Capital"

Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.

Sequoia Capital is poised to secure a big return on its investment in Bridge, thanks to Stripe’s recent $1.1 billion acquisition deal. The post Sequoia Capital and Other VC Giants Set for Big Payout in Stripe’s $1.1B Bridge Acquisition appeared first on TheCoinrise.com .

Sequoia Capital Set to Gain Over $100M from Stripe’s Acquisition of Stablecoin Platform Bridge In a significant development within the stablecoin and venture capital landscapes, Sequoia Capital, a renowned venture capital firm, is set to earn over $100 million from Stripe’s recent $1.1 billion acqui...

Privy, the Web3 data privacy solution, is reported to have completed a series A financing round that was led by Paradigm and participated in by Sequoia Capital and other well-known names who acted as earlier investors.

In a stunning turn of events, OpenAI investors, fueled by major players like Microsoft and prominent venture capital firms, are spearheading a bold initiative to dismantle the company’s existing board and reinstate co-founder Sam Altman as the chief executive. This move comes in the wake of Altman’s...

Hours after the conviction of Sam Bankman-Fried (SBF) in a fraud case, Sequoia Capital Partner Alfred Lin reacted to the pronounced verdict. Taking to X, (formerly Twitter), Alfred Lin said, that the unanimous verdict of SBF being guilty of fraud is something we already knew. He said, “SBF misled an...

Web3 security company Blockaid said it has emerged from stealth with $33 million in funding to protect users from fraud, phishing, and hacks. The company, founded in September 2022, concluded its series A funding round, bringing the total raised to $33 million, led by Ribbit Capital and Variant, wit...

A class-action lawsuit filed in the United States District Court for the Northern District of California has named 18 venture capital investment firms as defendants for their links with the bankrupt crypto exchange FTX. The lawsuit has named major VC firms as defendants, including Temasek, Sequoia C...

VC firm Sequoia Capital has reportedly downsized its crypto fund from $585 million to $200 million amid a liquidity crunch and focus on smaller crypto players.

Venture capital giant Sequoia Capital has slashed the size of its cryptocurrency fund by over 65%, reducing it from $585 million to $200 million, Wall Street Journal reported citing sources familiar with the matter. The venture capital giant has also made corresponding cuts to its ecosystem fund, re...