Coinbry

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Investor Focus: Private Accounts, Tokenization, and Healthcare Infrastructure Dominate VC Roundup

Investor Focus: Private Accounts, Tokenization, and Healthcare Infrastructure Dominate VC Roundup

In the latest funding blitz, blockchain-based startups Nocturne, Untangled Finance, Account Labs, Rymedi, and Waterfall Network have secured venture capital funding. Despite the current bear market in the crypto industry, these startups continue to attract investment due to their real-world applications. Untangled Finance, a London-based fintech, raised $13.5 million to bring institutional-grade credit on-chain. Nocturne, a protocol enabling on-chain private accounts, raised $6 million in a seed round led by Bain Capital Crypto and Polychain Capital. Account Labs, a web3 wallet provider, secured $7.7 million in funding for its UniPass Wallet app. Rymedi, a blockchain-based healthcare data exchange platform, raised $9 million in a Series A round to expand its infrastructure. Waterfall Network, a layer-1 protocol, raised $2 million for its upcoming mainnet launch. These funding rounds highlight the continued interest in blockchain startups despite the overall drop in funding in the crypto industry.

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