Venice AI, a platform offering access to more than 200 AI models while emphasizing user privacy, announced a $65 million Series A round at a $1 billion valuation, its first external fundraise. The round was led by crypto-focused venture firm Dragonfly, with participation from Coinbase Ventures, North Island Ventures and others. The company, founded two […]
The post Zapper DeFi Platform Calls It Quits After Seven-Year Run appeared on BitcoinEthereumNews.com.
Key Takeaways CEO Seb Audet confirmed Zapper will cease all operations on Aug. 3, 2026 At its height, the platform served 2 million active monthly users and facilitated $13 billion in transactions The company secured $15 million in Series A funding in 2021 from investors including Mark Cuban and Sound Ventures Zapper’s closure reflects a broader trend of crypto platform exits throughout 2026 While crypto VC funding increased, deal volume has plummeted nine-fold over 10 consecutive quarters Zapper, a prominent decentralized finance portfolio management tool, is shutting down permanently. Co-founder and CEO Seb Audet announced Wednesday that the platform will completely cease operations on Aug. 3, 2026, bringing an end to its nearly seven-year journey in the DeFi space. We've made the very difficult decision of winding down Zapper. Thank you for being part of this crazy journey with us
The post Zapper DeFi Dashboard Shuts Down After $15M Backing appeared on BitcoinEthereumNews.com.
The DeFi dashboard space just lost one of its earliest and best-funded players. Zapper, which raised a $15 million Series A in 2021 from Framework Ventures, Coinbase Ventures, and ParaFi Capital, will shut down all services on August 3. The platform will take its website, mobile apps, and API offline, according to the original report. Existing API users will receive transition guidance before the deadline. The shutdown comes after years of trying to position the aggregator as the home screen for decentralized finance. Co-founder and CEO Seb Audet said the project fell short of its original goal of driving broader DeFi adoption, and the company is now helping team members find new roles. The move ends a nearly six-year run that began during DeFi Summer, when portfolio tracking dashboards were seen as essential infrastructure for onboarding retail capital. A Late-Stage Pivot That Never Mater
Prime Intellect's funding success highlights the growing investor interest in decentralized AI, potentially reshaping tech and finance landscapes.
The post Prime Intellect raises $130M Series A at $1B valuation, bridging decentralized AI and crypto-native capital appeared first on Crypto Briefing.
Los Angeles-based startup EdVisorly tells Crunchbase News exclusively that it has secured a $13.3 million Series A funding round to scale its AI-native platform, which automates the manual back-office workflows that can slow down university admissions.
The post KOR Protocol secures $7.5M from 1kx and Blockchain Capital to build AI-era IP infrastructure appeared on BitcoinEthereumNews.com.
Crypto capital is renewing its commitment to the complex relationship between AI and intellectual property. KOR Protocol has announced that it acquired $7.5 million in Series A financing led by 1kx and Blockchain Capital with a valuation of $100 million. It is working on creating an on-chain platform that will be used for registering creative works and transferring the payments to the rightful owners. This financing comes at a time when AI can create new content at a speed that the industry is unable to keep track who made it or who gets paid. This is what KOR Protocol is using to attract investors to their venture, and at the same time, form a crypto capital around the problem that has not yet been solved by the entire industry dealing with AI. According to the team behind the startup, KOR Protocol will be acting as a “creative asset clearinghouse”
