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<p class="is-style-lead">Bridge, a stablecoin startup founded not even three years ago, announced a deal this week that would cause most crypto entrepreneurs to salivate.</p> 
<p>Stripe, the San Francisco-based payment processing company, <a rel="" href="https://crypto.news/stripe-reportedly-acquires-stablecoin-platform-bridge-in-1-1b-deal/">agreed</a> to buy Bridge for $1.1 billion. </p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   https://twitter.com/arrington/status/1848060479727435967 
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<p class="is-style-default">The transaction likely has crypto entrepreneurs wondering when their own ventures will be ripe enough to attract a big-name buyer. Until then, early-stage companies will have to continue courting venture capitalists to extend their runways. </p> 
<p class="is-style-default">Here are the latest startups doing just that, according to data from Crypto Fundraising collected between Oct. 20 and Oct. 26:</p> 
<p> Read more: <a rel="" href="https://crypto.news/tether-ceo-says-company-has-no-plans-for-ipo-for-now/"> Tether CEO says company has no plans for IPO for now </a> </p> 
<h3 class="wp-block-heading" id="bluesky-15-million">Bluesky, $15 million</h3> 
<ul class="wp-block-list"> 
 <li>Bluesky completed a Series A funding round.</li> 
 <li>The decentralized social media platform <a href="https://bsky.social/about/blog/10-24-2024-series-a" target="_blank" rel="nofollow">raised</a> $15 million from lead investors like Blockchain Capital.</li> 
</ul> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Bluesky raises $15M Series A investment<br><br>Decentralized social media project Bluesky has raised $15 million in Series A investment led by Blockchain Capital. According to Decrypt, SevenX, True Ventures, and Alumni Ventures also participated in this round. Bluesky also announced…</p>— CoinNess Global (@CoinnessGL) <a href="https://twitter.com/CoinnessGL/status/1849563243494162560?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 24, 2024</a>
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<h3 class="wp-block-heading" id="variational-10-3-million">Variational, $10.3 million</h3> 
<ul class="wp-block-list"> 
 <li>Variational is a peer-to-peer trading protocol that is created for perpetual and generalized derivatives.</li> 
 <li>The firm has raised $10.3 million in a seed round led by investors like Bain Capital Crypto and Peak XV Partners.</li> 
</ul> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">We’re proud to announce that Variational has raised $10.3M in seed funding to build the next generation of derivatives trading.<br><br>The round was led by <a href="https://twitter.com/BainCapCrypto?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@BainCapCrypto</a> and <a href="https://twitter.com/peakxvpartners?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Peakxvpartners</a> (FKA Sequoia India), with support from <a href="https://twitter.com/cbventures?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@cbventures</a>, <a href="https://twitter.com/dragonfly_xyz?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@dragonfly_xyz</a>, <a href="https://twitter.com/hack_vc?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@hack_vc</a>, and more.<br><br>1/ <a rel="nofollow" href="https://t.co/rv2nFMFrfu" target="_blank">pic.twitter.com/rv2nFMFrfu</a></p>— Variational (@variational_io) <a href="https://twitter.com/variational_io/status/1849097496456532329?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 23, 2024</a>
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<h3 class="wp-block-heading" id="validation-cloud-10-million">Validation Cloud, $10 million</h3> 
<ul class="wp-block-list"> 
 <li>Validation Cloud is a web3 infrastructure platform that focuses on scalable and compliant infrastructure for enterprises.</li> 
 <li>The firm raised $10 million from True Global Ventures.</li> 
 <li>Validation Cloud has raised a total of $15.8 million so far.</li> 
</ul> 
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   https://twitter.com/ValidationCloud/status/1849077454649893359 
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<h3 class="wp-block-heading" id="crypto-vc-funding-rounds-10-million">Crypto VC funding rounds &lt; $10 million</h3> 
<ul class="wp-block-list"> 
 <li>Web3 mobile gaming platform Party Icons raised <strong>$9 million</strong>.</li> 
 <li>Digital investment marketplace STOKR raised <strong>$7.98 million</strong> from Fulgur Ventures.</li> 
 <li>Karpatkey, which provides DAO Treasury services, raised <strong>$7 million</strong>.</li> 
 <li>Full-stack decentralized platform Azura raised <strong>$6.9 million</strong> in a seed round.</li> 
 <li>Non-custodial crypto trading platform Shuttle Labs raised <strong>$6 million</strong> from CMCC Global.</li> 
 <li>Crypto exchange Hata raised <strong>$4.2 million</strong> in a seed round led by Castle Island Ventures and Nic Carter.</li> 
 <li>Hana Network raised <strong>$4 million</strong> from investors like Binance Labs, Sushi, Orange DAO, etc.</li> 
 <li>Decentralized borrowing platform Fluid Protocol raises <strong>$3.9 million</strong> in a seed round.</li> 
 <li>Moonwalk Fitness has raised <strong>$3.4 million</strong> from lead investors like Hack VC.</li> 
 <li>Borderless has raised <strong>$3.3 million</strong> in a pre-seed round led by Amity Ventures.</li> 
 <li>Opti Games Studio raised<strong> $2 million</strong> with L1 Digital as the lead investor.</li> 
 <li>NFT marketplace Ordzaar raised <strong>$2 million</strong> from lead investors like LongHash Ventures.</li> 
 <li>Decentralized infrastructure platform Craftt raised <strong>$2 million </strong>in a seed round.</li> 
 <li>Decentralized exchange BulbaSwap raised <strong>$1.3 million</strong> from lead investors like Foresight Ventures.</li> 
 <li>Skyfire raised <strong>$1 million</strong> from Coinbase Ventures and a16z crypto.</li> 
</ul> 
<p>Check out our last week’s column from <a href="https://crypto.news/crypto-vc-funding-praxis-takes-home-525m-blockstream-follows-suit-with-210m/" target="_blank">here</a>.</p> 
<p> You might also like: <a rel="" href="https://crypto.news/donald-trump-win-could-mean-600-gains-in-these-altcoins-as-solana-volume-nears-4b/"> Donald Trump win could mean 600% gains in these altcoins as Solana volume nears $4B </a> </p>

Crypto VC funding: Stripe buys startup Bridge for $1.1b, Bluesky bags $15m

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