fundraising

According to PR Newswire, Global Millennial Capital (GMCL) announced that its first "IPO Opportunities Fund" has completed a final fundraising of $100 million, with investors including family offices from Saudi Arabia, Kuwait, and Qatar, as well as international wealth management institutions. The fund will provide investment opportunities in technology companies approaching liquidity events through private placements for professional and institutional investors.The fund primarily targets mid-sized technology companies with market capitalizations between $5 billion and $20 billion, focusing on areas such as artificial intelligence and DeFi technology, and emphasizing companies with scalable business models, stable revenue structures, and mature governance systems.GMCL stated that these mid-sized technology companies are in the early stages of value release but are often overlooked by large funds and early investors. The fund's strategy will focus on participating in critical stages before a company's IPO or strategic exit while strengthening risk management and investment discipline.

According to The Block, venture capital firm Andreessen Horowitz's crypto branch a16z crypto has completed fundraising for its fifth fund, totaling $2.2 billion. This fund is smaller than the record $4.5 billion raised for the fourth fund in 2022.a16z crypto communications partner Paul Cafiero stated that the company intends to return to a smaller fund size because "a shorter fundraising cycle allows us to keep up with the rapidly changing crypto trends." The previous fund sizes for a16z crypto were $2.2 billion for the third fund in 2021, $515 million for the second fund in 2020, and $350 million for the first fund in 2018.a16z crypto also announced the promotion of CTO Eddy Lazzarin to general partner (GP), making him the fourth general partner alongside Chris Dixon, Ali Yahya, and Guy Wuollet.a16z crypto noted that while the market is in a relatively calm phase, adoption signals are improving, pointing out that the use of stablecoins continues to grow, and the application of blockchain in capital markets is becoming increasingly widespread, including perpetual contracts for price discovery, prediction markets for information aggregation, and on-chain lending for stablecoin credit markets. The company also cited the GENIUS Act as an example of a clearer regulatory framework, maintaining a "hopeful and optimistic" attitude towards the Clarity Act passed this year. The fund will focus 100% on investments in the crypto space and will not expand into adjacent areas such as AI or robotics.a16z crypto has previously invested in projects such as Coinbase, Uniswap, Solana, Kalshi, Anchorage Digital, and Phantom. Other crypto venture capital firms have also been active recently, with Haun Ventures completing fundraising for its second fund of $1 billion earlier this week, Dragonfly recently completing its fourth fund of $650 million, and Paradigm reportedly seeking up to $1.5 billion for a broader fund, while Blockchain Capital is also raising approximately $700 million.

According to market news, Silicon Valley's top investor Peter Thiel's venture capital fund Founders Fund has raised $6 billion to invest in late-stage companies, marking the largest fundraising in the institution's history.Most of the funds—$4.5 billion—come from limited partners, including sovereign wealth funds. A source familiar with the matter stated that the remaining $1.5 billion comes from senior management and employees of Founders Fund, including Peter Thiel himself. The fund's fourth growth-stage investment fund was quickly established less than a year after the launch of the previous fund, making it the fastest transition to a new fund in Founders Fund's twenty-year history.The rapid launch of a larger fund reflects the rising demand for substantial financing from mature-stage startups, which are increasingly inclined to raise funds from private investors rather than the public market. Other venture capital firms are also raising billions of dollars for late-stage investments, partly because tech companies need more capital to afford expensive computing resources. For example, Sequoia Capital recently raised about $7 billion for a new fund to increase investments in large companies; Thrive Capital has also raised a fund of $10 billion, marking its largest scale in history.

According to Techfundingnews, SpaceX's early investor 137 Ventures announced that its two new funds have completed fundraising of over $700 million, increasing its assets under management (AUM) to over $15 billion. The new funds will support its pursuit of investment opportunities in areas such as AI agents, robotics, and aerospace propulsion.It is reported that 137 Ventures currently holds more than 1% of SpaceX's shares. As SpaceX is expected to seek an IPO this year, with a valuation potentially exceeding $1 trillion, the value of 137 Ventures' holdings may exceed $10 billion.

Printr founder Jason Ma announced on the X platform that he is stepping down as CEO, with COO and GTM head Lennon immediately taking over as CEO, while co-founder Lea will continue to serve as CTO. He will transition to an advisory role.At the same time, Printr announced that it will fully refund the community fundraising, with the related refund process expected to be announced within 7 days. The team stated that this move aims to rebuild community trust, and the platform's products, team, and development roadmap will remain unchanged.

SpaceX will hold a three-day closed-door analyst meeting in the United States this week to promote its business and strategy to Wall Street institutions in preparation for a potential IPO. According to insiders, the company aims to raise about $75 billion, with a valuation possibly reaching $1.75 trillion, with plans to go public as early as June.The meeting will cover SpaceX's Texas Starbase launch site and Tennessee data center project, and participating analysts will need to submit electronic devices to ensure information confidentiality. This roadshow is a key part of the IPO process, and there will be subsequent model presentations to further disclose financial and growth expectations. In addition, the company plans to reserve about 30% of shares for retail investors and expand into global markets. Several Wall Street investment banks have already participated in the underwriting arrangements.

The Smarter Web Company, a UK Bitcoin treasury company, announced that it has completed a private placement of 4,286,410 shares of common stock according to a previously signed subscription agreement. This placement raised approximately £1.5374 million (about $2 million, before expenses), equivalent to about £0.36 per share. The company expects to receive approximately 98.25% of the net proceeds, and the remaining balance of common stock under the current subscription agreement that has not yet been placed is 52,377,540 shares.

The Nasdaq-listed Bitcoin mining company TeraWulf announced that it has completed the previously announced public offering of 54,510,000 shares of common stock, with an offering price of $19 per share, raising a total of $1,035,690,000. Morgan Stanley acted as the lead underwriter for this offering, while Bank of America Securities, Citigroup, TD Cowen, and Wells Fargo Securities served as co-managers.Citizens Capital Markets and Santander Bank acted as sub-underwriters, and Cantor Fitzgerald served as the equity capital markets advisor. TeraWulf plans to use the net proceeds from this offering to pay for a portion of the construction costs of its planned data center campus in Horse Cave, Kentucky, including the full repayment of outstanding amounts under its transitional credit facility, as well as for future site acquisitions and general corporate purposes.

The newly established political action committee in the crypto industry, Fellowship PAC, has raised approximately $11 million, with $10 million coming from Cantor Fitzgerald and $1 million from Anchorage Digital. It has spent about $3 million on political advertising, with this portion of the expenses paid to Nxum Group, which was co-founded by Tether US CEO Bo Hines.The PAC primarily supports Republican candidates and invests funds in congressional and state-level elections. Although the organization has ties to Tether executives, its main funding sources are financial institutions, and it is currently unclear whether Tether can directly participate in related political donations.

According to Jinshi News, Tether is launching a final sprint for financing with a valuation of $500 billion, urging investors to commit to an agreement in the next two weeks.

According to tracking data from the Web3 asset data platform RootData X, in the past 7 days, the decentralized fundraising platform Avalaunch has been the project that X (Twitter) top figures have unfollowed the most. The new influential figures on X who have unfollowed this project include zac.eth (@zacxbt) and 默默 (@momochenming).

According to the Economic Observer, Ba Shusong, the chief economist of the China Banking Association and a senior advisor at the HSBC Business School of Peking University, is suspected of being involved in an illegal fundraising case and was taken away by the authorities around March 12, 2026, since then he has been "out of contact" with the outside world.Insiders say that the case may be related to an illegal fundraising project led by his students, and Ba Shusong has been restricted from leaving the country for at least six months. His affiliated institution and he himself have not publicly responded to the relevant situation.

According to market news, OpenAI's Chief Financial Officer Sarah Friar revealed in an interview that as part of its historic financing round, OpenAI is raising an additional $10 billion from investors.Friar stated that this new funding brings the total amount of OpenAI's financing round to "over $120 billion," significantly exceeding the $110 billion announced last month. OpenAI announced its first round of financing at the end of February, which is seen as the last round of private financing before a potential initial public offering (IPO).According to Friar, Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG, and T. Rowe Price participated in this new $10 billion financing. Notably, Microsoft, as a long-term investor in OpenAI and one of its main computing service providers, also participated in this round of financing.

According to businesswire, Bitcoin treasury company Empery Digital announced the sale of 4,638,219 shares of common stock at a price of $5.39 per share to raise $25 million. Additionally, it sold 4,638,219 warrants to purchase common stock (valid for four years from the date of issuance), with the new funds intended for repaying repurchase loans.Empery Digital also disclosed that last week it sold 63 bitcoins at an average price of $72,791, bringing its total holdings down to approximately 3,439 bitcoins.

According to DeFiprime, the SEC and CFTC jointly released Interpretive Release 33-11412, defining most native tokens of decentralized networks as digital commodities, and clarifying that staking, LSD, wrapped tokens, and compliant airdrops do not constitute securities offerings.Based on this, the article proposes three fundraising and treasury models that have been difficult to implement previously: the first is Liquid Genesis Staking Pools (LGSP), which are based on staking ETH, SOL, etc., and incentivized through both LSD yields and protocol tokens; the second is Commodity Pre-Participation Agreements (CPA), which exchange work contributions and funds for future network participation rights instead of presale tokens; the third is Separation-Accelerated Revenue Rights (SARR), which ties to decentralized milestones and features decreasing profit-sharing, designing the "separation principle" as a tool to drive teams to accelerate decentralization.The author states that all three models are based on existing contract components and can support long-term treasury and team expenditures in simulations.

According to a report by the Korea Economic Daily, SK Hynix plans to issue new shares and list ADRs (American Depositary Receipts) in the United States, with an issuance scale of approximately 2.4% of the total share capital.The funds raised will mainly be used to expand high bandwidth memory (HBM) production capacity and promote the construction of a semiconductor cluster in Yongin, in order to consolidate its leading position in the global AI semiconductor market. SK Group Chairman Choi Tae-won had previously publicly stated at NVIDIA's GTC 2026 Developer Conference that they are advancing the ADR listing plan.

Metaplanet CEO Simon Gerovich stated that Metaplanet plans to raise approximately $765 million through various channels to increase its Bitcoin holdings to 210,000 coins. The specific fundraising paths include raising about $255 million through a targeted issuance of new shares to global institutional investors (at a 2% premium), along with warrants at a fixed exercise price with a 10% premium, which could yield an additional approximately $276 million upon exercise.In addition, Metaplanet has issued 100 million mobile exercise price warrants (MSW) with mNAV terms, with the condition that the stock price must be above 1.01 times the mNAV for exercise, which is expected to raise another $234 million. Simon Gerovich stated that this mechanism is designed to ensure that each newly issued share increases the per-share Bitcoin holdings and enhances shareholder value.

According to official news, MetaDAO will launch the IC0 of P2P.me on March 26, with a minimum fundraising target of 6 million USD.P2P.me is an application that supports cryptocurrency exchange for fiat currency, and it completed a 2 million USD seed round financing with participation from Multicoin and Coinbase Ventures in April 2025. It is worth noting that in early February, the Solana ecosystem issuance platform MetaDAO experienced its first IC0 failure with the project Hurupay. The project failed to meet the minimum fundraising target of 3 million USD within the specified time.

According to market news, sources reveal that Peter Thiel's Founders Fund is about to complete the fundraising for its fourth growth fund, expected to secure $6 billion in capital commitments.External investor demand exceeds the fund's capacity, with approximately $1.5 billion coming from Founders Fund partners themselves. This fundraising comes less than a year after the closure of its third $4.6 billion growth fund, which is primarily used for follow-on investments in successful late-stage companies.