Tagged: founders fund

October 7, 2026 @ 2:14 pm By Omar Faridi  |  

Founders Fund, the venture firm associated with Peter Thiel, has led a $5 million purchase of ANVL governance tokens in Anvil, an Ethereum protocol that treats locked digital assets as collateral for payments, credit, and deposits. The purchase was disclosed on October 6, 2026 alongside… Read More

October 7, 2026 @ 8:32 am By Omar Faridi  |  

Abstract, a consumer-oriented Ethereum layer-2 network backed by Pudgy Penguins parent Igloo Inc., will cease operations on December 15, 2026, after the company concluded that the project could not be sustained. The decision, announced on October 6, ends an effort to turn a well-known digital… Read More

April 28, 2022 @ 2:53 pm By Omar Faridi  |  

Ondo Finance has finalized a $20 million Series A to accelerate the adoption of DeFi “among mainstream investors.” This latest investment round was led by Founders Fund, the venture capital firm founded by Peter Thiel, and Pantera Capital. The funding will “allow Ondo to build… Read More

March 31, 2022 @ 11:08 am By Omar Faridi  |  

Mosaic, the “first” strategic finance platform, recently announced that it has raised $25 million in Series B financing. This brings its total funding to $46 million “in under 14 months,” the team at Mosaic confirmed while revealing that the investment round was led by Founders… Read More

March 21, 2022 @ 8:58 am By JD Alois  |  

Ramp has raised $750 million in new capital according to a corporate release. Ramp said its valuation now stands at $8.1 billion. The new money includes $200 million in equity capital and $500 million in debt financing. Ramp has now raised over $1 billion in financing since… Read More

February 4, 2022 @ 6:34 am By Omar Faridi  |  

VC firm Founders Fund has reportedly led an investment in Ramp, a corporate credit card and spending management software firm that launched a few years back. The company is now valued at $8 billion (including the investment). This, according to sources familiar with the matter… Read More

July 11, 2021 @ 1:56 pm By Omar Faridi  |  

Bullish, a tech firm focused on creating financial services for the digital assets sector, recently revealed its plans to go public on the New York Stock Exchange (NYSE) via a merger with Far Peak Acquisition Corporation (NYSE: FPAC), a special purpose acquisition company or SPAC…. Read More

April 9, 2021 @ 1:37 pm By Samantha Hurst  |  

    Kavak, a Mexico-based e-commerce platform for buying and selling pre-owned cars, has raised $485 million through its Series D investment round, which was reportedly led by D1 Capital Partners, Founders Fund, Ribbit, and BOND. According to TechCrunch, the latest investment round brings Kavak’s… Read More

June 23, 2020 @ 9:12 pm By Omar Faridi  |  

Oakland, California based Fintech firm Even aims to improve the financial wellbeing of workers and also wants to help people become better money managers. PayPal Ventures, Valar Ventures, Founders Fund, and Marc Benioff have recently made investments in Even. Even claims it’s the only Fintech… Read More

April 18, 2020 @ 1:38 pm By Omar Faridi  |  

Trade Republic, a mobile-based investing app, has secured €62 million (appr. $67 million) in capital through a Series B funding round led by Accel and the Founders Fund. The money raised will be used to expand the company’s line of products and services. The funds… Read More

April 2, 2018 @ 2:38 pm By Samantha Hurst  |  

Oscar Health, a U.S.-based insurtech, announced last week it has raised $165 million through its latest investment round led by Brian Singerman and Founders Fund. Founded in 2013, the company stated it is focused on utilizing technology, design, and data to humanize healthcare. “We’re a group… Read More

January 2, 2018 @ 2:00 pm By JD Alois  |  

Peter Thiel, via his Founders Fund, has apparently made an sizable bet on the rising value of Bitcoin.  According to a report in WSJ, Thiel gambled on BTC some time ago buying up to $20 million worth of the cryptocurrency. That investment has since grown… Read More

January 9, 2014 @ 9:05 am By Charles Luzar  |  

Misfit Wearables CEO Sonny Vu recently spoke at Seattle Pacific University, and as a part of his visit he sat down and was interviewed about his experience in running Misfit Wearables. He shares revelations including the fact that Misfit had VC backing before they launched… Read More

June 18, 2013 @ 8:23 am By Charles Luzar  |  

Oculus VR has raised $16 million in a round with contributions from Spark Capital, Matrix Partners, Founders Fund and Formation 8. Spark Capital and Matrix Partners led the round. Spark founder Santo Politi and Matrix partner Antonio Rodriguez both acquire seats on Oculus’s Board of… Read More