14 - Web3 Funding Frenzy: Gameplay Galaxy Raises Millions And Lemniscap Launches Fund

Gameplay Galaxy secures $11.17 million in extended seed funding, while Lemniscap raises a $70 million fund for Web3 startups. ParaFi Capital, Bridge, and Space and Time also announce significant fundraising successes, highlighting growing investor interest in blockchain and crypto technologies.

Sources:
https://www.nftgators.com/gameplay-galaxy-secures-11m-seed-extension-co-led-by-blockchain-capital-and-merit-circle/
https://www.prnewswire.com/news-releases/lemniscap-raises-70-million-for-new-fund-to-back-emergent-web3-trends-and-pioneering-founders-302232998.html
https://www.livebitcoinnews.com/parafi-capital-raises-120-million-to-invest-in-crypto-fund-gp-shares/
https://finance.yahoo.com/news/exclusive-coinbase-square-vets-aim-160000593.html
https://www.finsmes.com/2024/08/space-and-time-raises-20m-in-series-a-funding.html
https://www.ceoinsightsasia.com/news/-hashkey-and-kaia-partner-to-accelerate-web3-adoption-in-asia-nwid-12549.html

Outline:
(00:00:00) Introduction
(00:00:41) Gameplay Galaxy Secures $11M Seed Extension Co-Led by Blockchain Capital and Merit Circle
(00:02:28) Lemniscap Raises $70 Million For New Fund to Back Emergent Web3 Trends and Pioneering Founders
(00:04:11) ParaFi Capital Raises $120 Million for Crypto Fund Investments
(00:06:55) Coinbase and Square Vets Level Up Stablecoins with Bridge and $58 Million in Funding
(00:08:39) Space and Time Raises $20M in Series A Funding, Backed by Microsoft
(00:10:39) HashKey and Kaia Partner to Accelerate Web3 Adoption in Asia