Did exponential raise $14 million in paradigm-led funding round?

The Exponential DeFi platform raised $14 million in Paradigm-led funding round. (Exponential) Exponential, a decentralized-finance ( DeFi) investment discovery and risk assessment platform, has raised $14 million in a seed funding round that was led by crypto-focused investment firm Paradigm.

How much did paradigm invest in FTX?

Paradigm declined to comment. It also wrote down its $278mn investment in FTX to zero this week. The other venture firms did not immediately respond to request for comment.

Did Bankman-fried invest in paradigm one?

In late 2021 Bankman-Fried invested in a fund managed by Paradigm, a big backer of crypto start-ups. The same $2.5bn “Paradigm One” fund later invested in his FTX and FTX US exchanges, according to disclosures made this week in bankruptcy court. Paradigm One was at the time the biggest crypto-focused venture capital vehicle.

What happened to Paradigm one?

The same $2.5bn “Paradigm One” fund later invested in his FTX and FTX US exchanges, according to disclosures made this week in bankruptcy court. Paradigm One was at the time the biggest crypto-focused venture capital vehicle. As a result of the transactions, Bankman-Fried invested in and received financing from that single pot of money.