VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions

VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions


Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half of 2022, exceeding all of last year’s totals. While the number of deals has declined in recent months, startups at the intersection of blockchain payments, decentralized finance (DeFi) and cybersecurity are still attracting sizable interest from the VC community. The latest edition of VC Roundup highlights some of the most intriguing funding deals of the past month.

Related: The risks and benefits of VCs for crypto communities

ZEBEDEE closes $35M Series B

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ZEBEDEE, a Bitcoin (BTC)-powered payment processor for the gaming industry, has raised $35 million from several investors including Kingsway Capital, The Raine Group and Square

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