VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions

Cointelegraph

Published Aug 06, 2022 12:16PM ET

Updated Aug 06, 2022 02:00PM ET

Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half of 2022, exceeding all of last year's totals. While the number of deals has declined in recent months, startups at the intersection of blockchain payments, decentralized finance (DeFi) and cybersecurity are still attracting sizable interest from the VC community. The latest edition of VC Roundup highlights some of the most intriguing funding deals of the past month.

Related: The risks and benefits of VCs for crypto communities

h3 ZEBEDEE closes $35M Series B/h3 h3 Blockchain security company raises $90M Series A/h3 h3 DeFi platform Hashflow raises $25M in Series A funding/h3 h3 Socios acquires 24.5% stake in Barca Studios/h3 h3 EtherMail secures seed funding for wallet-to-wallet communications /h3

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