S Korea's Hashed leads $42m funding in Indian gaming platform Loco
Existing investors including Krafton, Lumikai, and Hiro Capital, also participated in the financing.
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Existing investors including Krafton, Lumikai, and Hiro Capital, also participated in the financing.
Indian game streaming startup Loco said on Thursday it has raised $42 million as it looks to build, per its conversations with investors, “Twitch for India.” Hashed, Makers Fund, Catamaran Ventures, Krafton, Lumikai, Korea Investment Partners and Hiro Capital invested in the startup’s Series A financing, which gives Loco a pre-money valuation of about $145 […]
Ethereum Layer-2 scaling startup Polygon has raised $450 Mn from some of the biggest names in the venture capital ecosystem
Polygon has raised $450 million in a new venture financing round as the firm, with a market cap of about $13 billion, aggressively expands its portfolio of Ethereum scaling solutions and works to attract the larger developer ecosystem. Sequoia Capital India led Polygon’s first major financing round. Tiger Global and SoftBank as well as Galaxy […]
Polygon is one of a number of so-called Layer 2 operators, offering tools for developers who want to create decentralized apps (or dapps) and tackling the issue of network congestion.