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A16z is leading Dynamic Labs’ $13.5 million series A round, as the web3 authenticator platform streamlines wallet access and ensures web3 login accessibility.  The funding round also included participation from Founders Fund, Castle Island Ventures, Breyer Capital, Nikil Viswanathan, and Joe Lau from Alchemy. Enhancing accessibility Dynamic Labs revealed the funds raised would be instrumental in advancing its support for Web3 builders striving to enhance accessibility in the industry by integrating embedded or branded wallets and promoting digital ownership inclusivity. You might also like: Annual a16z report spotlights crypto policy Dynamic Labs provides a range of tools designed to assist developers in creating web3 login experiences accessible to users of all levels of crypto expertise. The multi-chain platform accommodates six chains: EVM, Solana, Starknet, Algorand, Cosmos, and Flow. Per a blog post released by Dynamic, over 1.6 million unique users across t...

UK-based Pimlico has raised $4.2 million in a seed funding round led by a16z crypto , aiming to improve the Ethereum network by introducing versatile smart accounts through ERC-4337. Pimlico, a UK-based web3 infrastructure firm, has successfully secured $4.2 million in seed funding , a substantial boost spearheaded by a16z crypto . The company has its sights set on leveraging this investment to scale its operations. We're excited to announce that Pimlico has raised a $4.2 million seed round led by @a16z crypto to power Ethereum's transition to smart accounts. Read more in our announcement below:https://t.co/XtCcvJYisI pic.twitter.com/13xWDvs59C — pimlico.eth (@pimlicoHQ) November 7, 2023 Pimlico’s core mission is to enhance the Ethereum network’s user-friendliness and functionality by implementing smart accounts through ERC-4337—a protocol for account abstraction. The introduction of smart accounts is Pimlico’s response to the limitations of Eth...

Futureverse, a firm leveraging AI and metaverse technology for the gaming industry, has completed a $54 million series A funding round joined by Ripple. The funding round was led by 10T Holdings, an equity fund specializing in late-stage investments. Crypto payment solutions provider Ripple also participated in the funding round , further endorsing the company’s vision. We are incredibly excited to announce that we’ve closed our $54M Series A round led by @10Tfund, with participation from @Ripple to scale our AI and metaverse technologies. pic.twitter.com/zOUI65c2X8 — Futureverse (@futureverse) July 18, 2023 Scaling AI and metaverse tech Futureverse is aimed to drive initiatives to expand AI and metaverse technologies on a grand scale. It aspires to transform the metaverse from a concept into a practical, accessible, and interactive destination for users. The company envisions becoming the world’s leading provider of metaverse AI technology, acting as a l...