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Solana sees sky high preorders for its second phone

Edition #95 - 20 JAN 2024


Solana Mobile is swinging for the stars after it announced a second, cheaper web3 phone phone dubbed “Chapter 2” earlier this week. While its first handset, Saga, sold out like a budding avalanche — slow at first, then all at once in the U.S. and European Union — its second device is selling out much faster to begin with, hitting 30,000 preorders in the first 24 hours after announcement.




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  • ​​DeFi Governance & Liquidity Platform Convergence raised $1.8M funding round led by Prismatic Capital, Dewhales Capital, with participation from NGC Ventures (NEO Global Capital), County Capital.

  • ​​Ethereum restaking protocol Renzo raised $3.2M in a Seed funding round led by Maven 11 Capital, with participation from Figment, SevenX Ventures, IOSG Ventures.

  •  ​​Decentralized car data network DIMO raised $11.5M in a Series A funding round led by CoinFund, with participation from Slow Ventures, Consensys Mesh, Borderless Capital.

  • ​​Decentralized hackathon platform and a global developer community BeWater closed Strategic funding round led by OKX Ventures. Amount raised is not disclosed.

  • ​​Institutional crypto staking platform Kiln raised $17M funding round led by 1kx, with participation from Crypto com Capital, IOSG Ventures, Wintermute, KXVC, Kraken Ventures, GSR Markets LTD, Avon Ventures, LBANK Labs.

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