Payments, Infrastructure, and New VC Funds
Key Takeaways
- Payments companies raised $145 million, infrastructure companies raised $433 million, and new venture capital funds raised over $2.0 billion this week
- Most active investors this week include DCG, Fenbushi, Dragonfly Capital, and Borderless Capital
- Deal of the Week: MoonPay a payments company raises $400 million at $.34 billion valuation to help link traditional payments companies to crypto
Venture Capital Deals
Elliptic provides blockchain analytics, training, and certification for crypto businesses, financial institutions, and regulators. Elliptic helps manage financial crime risk and achieve regulatory compliance. The Company raised $60 million in a Series C funding round. The round was led by Evolution Equity Partners with SoftBank Vision Fund 2, AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital, SBI Group, Octopus Ventures, SignalFire and Paladin Capital Group also participating. Elliptic was named one of the most cutting-edge technological innovations by the World Economic Forum. (Elliptic raises $60M to advance crypto analytics service).