Golden, which is building a Web3 data protocol that is expected to fully launch in Q2 2023, raised a $40M Series B led by a16z, bringing total funding to $60M (Catarina Moura/The Block)

Emily Olsen / MobiHealthNews:
Miami-based Brave Health, a Medicaid-focused virtual mental health care provider, raised a $40M Series C, bringing its total funding to $60M  —  The company announced a $10 million Series B raise last year.  —  Virtual mental health company Brave Health scooped up $40 million in a Series C funding round led by Town Hall Ventures.

Jacquelyn Melinek / TechCrunch:
Aztec Network, which is developing an “encrypted version of Ethereum”, raised a $100M Series B led by a16z and plans a testnet within 12 months  —  Aztec Network, a privacy layer for web3, has raised $100 million in a Series B round led by Andreessen Horowitz (a16z) …

Gillian Tan / Bloomberg:
The Coterie, which lets founders access funds from Coatue, a16z, and others to sidestep illiquid stock, raised a $40M Series A led by a16z at a $100M+ valuation  —  Andreessen Horowitz led a $40 million funding round for The Coterie, valuing the financial technology platform at more than $100 million.

Zinnia Lee / Forbes:
Hong Kong-based digital payments startup Reap, which is developing tools for Web3 companies, raised a $40M Series A led by Acorn, Arcadia, and HashKey  —  Reap, a digital payment company based in Hong Kong, has netted $40 million in a funding round aimed at developing infrastructure …

Finextra:
AccessFintech, which helps financial institutions collaborate by sharing data, has raised a $60M Series C led by WestCap, bringing its total funding to $97M  —  Capital markets specialist AccessFintech has closed a $60 million Series C funding round led by WestCap and joined by a host of big banks …

Berber Jin / Wall Street Journal:
Sources: a16z’s flagship crypto fund lost ~40% of its value in H1 2022, above the 10%-20% losses at rival funds; a16z has dramatically slowed crypto investments  —  Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’  —  Crypto Crashed, Coinbase’s Stock Followed: What Went Wrong