Crypto VC funding: Uranium Digital raises $16.5m, LO:TECH secures $12m
Crypto funding announcements totaled $43.5 million across six disclosed financings during Oct. 31–Nov. 6, led by Uranium Digital’s $16.5 million Series A, while five other investment announcements carried no disclosed amount. According to Crypto Fundraising and ICO Analytics records, checked…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyVenture capital
Money invested in young, high-growth companies by specialist funds in exchange for a share of ownership.
Venture funding decides which startups can grow and is a barometer of investor appetite for risk.
More about Venture capitalFunding round
A stage in which a startup raises money from investors, named in sequence such as seed, Series A and Series B.
Each round sets a valuation and shows how much confidence investors have in the company.
More about Funding roundMore in Finance
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