London-based Argent raises $4 million for its “smart” cryptocurrency wallet

The UK-founded startup Argent has raised $4 million from Index Ventures, Creandum, firstminute, Hummingbird, and Mattias Ljungman (partner at Atomico). The company works on a product that it touts as “the first smart wallet” for cryptocurrencies and blockchain applications based on the Ethereum blockchain. Argent’s mobile app for Android and iOS allows users to access […]

SPiCE VC to raise $100 million fund through initial coin offering

Venture capital firm SPiCE VC is launching an initial coin offering (ICO) for a new VC fund that it hopes will raise up to $100 million. According to the London-based firm, the ICO is a first for a VC fund and will remove the seven-to-ten-year illiquidity period in VC funds, which it calls “the biggest […]

Blockchain startup Balance raises $1.2 million through crowdfunding rather than ICO

Balance Software, a blockchain software startup from the UK, has raised $1.2 million through equity crowdfunding, eschewing the initial coin offering (ICO) route, which has become wildly popular of late for blockchain companies. The company, founded by former staffers at Ethereum, Apple, and Stripe, is building a Mac wallet app for managing money and blockchain […]

Cryptocurrency exchange ShapeShift raises $10.4 million Series A round

Swiss cryptocurrency exchange ShapeShift has raised $10.4 million in a Series A round led by Earlybird Venture Capital to help expand its team. Other participants in the funding round include Lakestar, Blockchain Capital, Pantera Capital, Access Venture Partners alongside previous investors FundersClub, Digital Currency Group as well as ShapeShift CEO Erik Voorhees. The exchange will […]