Pan-African crypto exchange Yellow Card raised a $40M Series B led by Polychain Capital, following a $15M Series A in September 2021 (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
Pan-African crypto exchange Yellow Card raised a $40M Series B led by Polychain Capital, following a $15M Series A in September 2021  —  Polychain Capital led the round, which comes less than a year after the Series A.  —  Pan-African cryptocurrency exchange Yellow Card Financial has closed …

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Tharsis Labs, which develops the Evmos cross-blockchain tool to connect Ethereum and Cosmos, raised $27M via a token sale led by Polychain Capital (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
Tharsis Labs, which develops the Evmos cross-blockchain tool to connect Ethereum and Cosmos, raised $27M via a token sale led by Polychain Capital  —  Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform  —  Tharsis Labs – the core developer of Evmos …

MPCH Labs, which is developing a cryptographic technique to split and store private keys for multiple users, raised a $40M Series A led by Liberty City Ventures (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
MPCH Labs, which is developing a cryptographic technique to split and store private keys for multiple users, raised a $40M Series A led by Liberty City Ventures  —  Liberty City Ventures, which incubated the startup, led the funding round.  —  MPCH Labs raised $40 million in a Series …

Fleek, which is developing tools for Web3 companies, including for storage, billing, and hosting, raised a $25M Series A led by Polychain Capital (Jacquelyn Melinek/TechCrunch)

Jacquelyn Melinek / TechCrunch:
Fleek, which is developing tools for Web3 companies, including for storage, billing, and hosting, raised a $25M Series A led by Polychain Capital  —  Web3 developer platform Fleek has raised $25 million in Series A funding led by Polychain Capital, the company shared exclusively with TechCrunch.

Shardeum, an Ethereum virtual machine-based sharded blockchain co-founded by Nischal Shetty, a co-founder of the crypto exchange WazirX, raised an $18.2M seed (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
Shardeum, an Ethereum virtual machine-based sharded blockchain co-founded by Nischal Shetty, a co-founder of the crypto exchange WazirX, raised an $18.2M seed  —  The co-founder of WazirX, India’s largest crypto exchange, is now trying to expand a network that promises greater scalability, faster transaction times and lower fees.