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The Weekly Notable Startup Funding Report: 4/29/24 – AlleyWatch

The Weekly Notable Startup Funding Report: 4/29/24 – AlleyWatch
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Polychain Capital Leads $38 Million Investment in Movement Labs to Integrate Facebook's Move onto Ethereum

Monolithic Blockchain firm Movement Labs secured $38 million in Series A funding from Polychain Capital on April 25. The investment will support Movement…

Rushi-manche , Movement-labs , Movement-lab , Monolithic-blockchain , Polychain-capital , Move-virtual-machine , Movement-labs- , News , Ggregator , Reaking-news , Uration , Edia

Rubrik goes public, as the stock closed up nearly 16% in the cybersecurity company's first day of trading

Rubrik, a data-focused cybersecurity company, went public yesterday, with the stock initially popping by about 20% and closing up nearly 16%.

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The SEC's legal campaign against MetaMask is a longshot

SEC Chair Gary Gensler's plan to seize on staking to make Ethereum a security feels like a long shot.

Jeff-john-roberts , Facebook , Movement-labs , Bloomberg ,

Movement Labs Raises $38 Million in Series A to Bring Facebook's Move to Ethereum

Movement Labs Raises $38 Million in Series A to Bring Facebook's Move to Ethereum
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Polychain Capital leads $38 million round for Movement Labs to bring Facebook's Move to Ethereum

Movement Labs will use the funding to bring Facebook's Move Virtual Machine to Ethereum ahead of a potential mainnet launch this year.

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Movement Labs, which is building Movement L2, a layer-2 Ethereum blockchain based on the Move programming language, raised a $38M Series A led by Polychain

The blockchain race is about to get even more crowded: Movement Labs, a San Francisco-based software development team that’s building a layer-2 Ethereum…

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Ethereum L2 Movement Labs raises $38M for Move-EVM adoption

Prior to the $38 million Series A funding, Movement Labs had raised $3.4 million in the pre-seed round to aid the upcoming launch of its public testnet, Parthenon.

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Movement Labs Raises $38M for Rollup Based on Facebook's Move Language

Movement Labs Raises $38M for Rollup Based on Facebook's Move Language
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