VC Roundup: non-public accounts, tokenization, and healthcare infrastructure seize buyers’ consideration

Blockchain-based startups proceed to assemble funding throughout the present bear market, with MetaMask accomplice Blockaid elevating $33 million in October. Nonetheless, the general funding within the crypto trade has dropped to ranges final seen in 2020, amassing $2.1 billion over 297 offers within the third quarter of 2023, as reported by Messari. As is usually the case throughout bear markets, buyers are taking a better take a look at initiatives earlier than investing and apparently looking for tangible real-world functions.

As a part of October’s highlights, the Nature Science Journal mentioned functions of blockchain know-how, praising decentralized autonomous organizations (DAOs) for his or her potential to help underfunded scientific analysis. Cointelegraph’s enterprise capital (VC) roundup options initiatives that raised capital in October.

Untangled Finance completes $13.5M fundraising to deliver non-public credit score on-chain

Nocturne raises $6M seed spherical for personal accounts on

Account Labs secures $7.7M in funding for the UniPass Pockets app

Rymedi raises $9M to develop blockchain-based healthcare infrastructure

Waterfall secures $2M funding for mainnet launch

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