Stripe buys Bridge and Bluesky pockets $15 million

Bridge, a stablecoin startup founded less than three years ago, announced a deal this week that would have most crypto entrepreneurs salivating.

Stripe, the San Francisco-based payment processing company, agreed to buy Bridge for $1.1 billion.

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The transaction is likely to have crypto entrepreneurs wondering when their own companies will be mature enough to attract a big-name buyer. Until then, early-stage companies will have to continue courting venture capitalists to expand their runways.

These are the latest startups doing just that, according to crypto Fundraising data collected between October 20 and 26:

Blue sky, 15 million dollars

• Bluesky completed a Series A funding round.
• The decentralized social media platform increase $15 million from leading investors such as Blockchain Capital.

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Variational, $10.3 million

• Variational is a peer-to-peer trading protocol built for perpetual and generalized derivatives.
• The company has raised $10.3 million in a seed round led by investors including Bain Capital crypto and Peak XV Partners.

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Validation cloud, 10 million dollars

• Validation Cloud is a web3 infrastructure platform that focuses on scalable and compatible infrastructure for enterprises.
• The company raised $10 million from True Global Ventures.
• Validation Cloud has raised a total of $15.8 million so far.

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crypto VC funding rounds <$10 million

• Mobile Gaming Platform Web3 Party Icons Raised $9 million.
• STOKR digital investment market surged 7.98 million dollars from Fulgur Ventures.
• Karpatkey, which provides DAO treasury services, raised $7 million.
• The Azura full-stack decentralized platform was proposed 6.9 million dollars in a seed round.
• Non-custodial crypto trading platform Shuttle Labs lifted $6 million from CMCC Global.
• Cryptocurrency exchange Hata surged 4.2 million dollars in a seed round led by Castle Island Ventures and Nic Carter.
• Red Hana raised $4 million from investors like Binance Labs, Sushi, Orange DAO, etc.
• Decentralized Lending Platform Fluid Protocol Rises 3.9 million dollars in a seed round.
• Moonwalk Fitness has increased 3.4 million dollars from leading investors like Hack VC.
• Without borders has risen 3.3 million dollars in a pre-seed round led by Amity Ventures.
• Opti Games Studio lifted $2 million with L1 Digital as main inverter.
• nft Ordzaar market surged $2 million from leading investors such as LongHash Ventures.
• Craftt decentralized infrastructure platform raised $2 million in a seed round.
• Decentralized exchange BulbaSwap surged 1.3 million dollars from leading investors such as Foresight Ventures.
• Skyfire raised $1 million from Coinbase Ventures and crypto a16z.

Check out our column from last week from here.