Lens Protocol secures a $15 million funding round led by IDEO CoLab Ventures. The capital will advance its mission to develop decentralized social media infrastructure. The protocol enables users to own and control their social data on blockchain networks.
Den, a crypto wallet startup co-founded by the creators of ConstitutionDAO, secures **$2.8 million in seed funding** led by IDEO CoLab Ventures. The team targets **on-chain organizations**, focusing on addressing **coordination challenges** as their core problem. Den develops tools to streamline collaboration within decentralized communities.
Researchers from the Plasma Group secure $3.5 million in funding from Paradigm and IDEO to establish a new venture. The team previously designed Optimistic Rollup, a proposed Layer 2 scaling solution for Ethereum. The funding supports commercializing their blockchain research into a standalone company.
IDEO CoLab introduces a new **Startup Studio program** to support blockchain entrepreneurs and startups, collaborating with over 20 leading organizations and protocols. The initiative expands on its existing investing and co-creation efforts, launching this month to accelerate innovation in the blockchain space.
Jul 2019MediumNews article
IDEO CoLab Ventures
IDEO CoLab Ventures is an investor in early-stage internet companies.