March 28, 2024

Web and Technology News

Why web3 companies get hacked so often, according to crypto VC Grace Isford

On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. At Lux, Isford invests in the companies working behind the scenes to make sure crypto exchanges are secure and reliable enough to avoid being hacked. Before joining Lux this February, […]

Data intelligence startup Near, with 1.6B anonymized user IDs, lists on Nasdaq via SPAC at a $1B market cap; raises $100M

The IPO window has all but closed for technology companies in the wake of a massive downturn in the market, but an opening still remains for some, in the form of SPACs. Near — a data intelligence company that has amassed 1.6 billion anonymized user profiles attached to 70 million locations in 44 countries — […]

Data-driven fintech Tifin valued at $842M in new $109M Series D round

There’s been talk throughout the venture ecosystem of a funding slowdown, but AI-powered fintech platform Tifin seems to be a clear exception. The Boulder, Colorado-based startup, which aims to match investors with investments in the wealth and asset management industries, announced today that it has raised a $109 million Series D round, less than a […]

Wale Ayeni, head of investments for IFC in Africa, Middle East and Central Asia, is leaving the firm

Wale Ayeni, the regional head of venture capital investments for the IFC in Africa, has left the International Finance Corporation (IFC), TechCrunch learned on Wednesday. Ayeni, who also led the firm’s venture capital efforts, more recently in the Middle East and Central Asia, is leaving after more than five years. The venture capital arm of […]