Here are the top web3 stories from this week.
Product News
Announcements from Amazon and Premier League
⚽ The Crypto markets loved the news that Amazon is partnering with Avalanche on some type of NFT project. Not many details yet, but web3 world is excited to see the shopping giant making moves. Additionally, the English Premier League inked a $150MM deal with fantasy sports card leader Sorare.
Capital Raised
Lighter Funding This Week
💰 New Crypto firm Breed VC closed a $20MM fund. Sec3 grabbed $10MM and Hypernative brought in $9MM, both for Crypto security. Blockchain scaling startup Sovereign Labs added $7.5MM. Addressable got $7.5MM for Crypto wallet marketing. TechCrunch (subscription required) reported a small pop in funding to Black web3 founders, from a crazy low $16MM in 2021 to a still low $60MM in 2022.
Content
Learn More About W3 Studio
🎙️ I was a guest on the Web3 w/me podcast to discuss the launch of W3 Studio, our new non-profit venture studio to support diverse founders in Atlanta. Hear more about how we’ll be supporting Black, Latinx, and Women-led startups.
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