Crypto prices shrug off bear market, Designer Fund draws $40M, and more - September 28, 2022

September 28, 2022 [Web3 Weekly: Crypto holding even as equities markets tumble]( Our new column looks back at the week in crypto, blockchain and Web3, with insights and analysis. This week, we look at crypto M&A deals and why crypto prices remain buoyant even as public markets sink. Stay in touch with cryptocurrency prices and trends on [The Crunchbase Web3 Tracker](. [Designer Fund draws up $40M fund for design-led companies]( San Francisco-based Designer Fund, founded by Ben Blumenrose and Enrique Allen, has closed on Fund 3 at $40 million to invest in seed-stage companies. We speak with Blumenrose on the latest fund and his 20 years as a designer. [HubSpot users can now build and track pipeline right from Crunchbase]( With Crunchbase’s new HubSpot integration, HubSpot users can build and track pipeline right from Crunchbase. Now, you can identify and push unclaimed companies and contacts directly to HubSpot. Plus, view CRM account owner and last activity date within Crunchbase to stay on top of existing opportunities. [FTX buys assets of bankrupt Voyager; Celsius’ CEO leaves]( The fallout from this summer’s crypto bankruptcies continues. Exchange giant FTX is picking up the assets of crypto lender Voyager Digital, which filed for bankruptcy in July. Alex Mashinsky will also resign as CEO of lender Celsius Network, which filed for bankruptcy a week after Voyager. [India’s growing dermatology market: Torrent buys Curatio for $245M]( Generic drugmaker Torrent Pharmaceuticals will acquire dermatology startup Curatio Healthcare for $245 million, according to reports. The deal will put Torrent among India’s largest dermatology firms as the country’s cosmetic dermatology market has been on the rise. [Where’s funding going in former Soviet states? Not Russia.]( Russia, an up-and-coming market for U.S. and European VCs about a decade ago, is now persona non grata on the term sheet. Which hubs in the region are picking up the slack? We take a look. [Startup notes from the Clinton Global Initiative]( Crunchbase News contributor Jonathan “Yoni” Frenkel attended the Clinton Global Initiative last week and offered these insights into the startups tasked with addressing major global challenges. [The 25 sales tools your team should be using right now]( Investing in the right tools can streamline your sales process and help you sell more efficiently. But, with so many sales tools on the market, it can be hard to narrow down which ones are right for your team. Here are 25 sales tools that can help your team stay organized, boost productivity and close more deals. [Enhance Your Sales Team’s Prospecting]( [Crunchbase Enterprise is an all-in-one prospecting solution. Download this product overview sheet to learn how to close more deals without the headache.]( [Download Now]( Crunchbase Pro: Searches and Lists Name Type Entries [Top companies founded by women]( Companies 1530 [Pre-seed fundings from investors in Israel]( Investors 37 [Privacy and security investments in the past year]( Funding Rounds 1161 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Bending Spoons]( [$340M]( / [Venture Round]( Bending Spoons thinks, creates, and markets its own tech products, currently with a focus on mobile apps. Categories: Information Technology • Mobile Apps • Software Founders: [Francesco Patarnello]( [Luca Ferrari]( [Luca Querella]( [Matteo Danieli]( [Tomasz Greber]( Investors: [Kerry Trainor]( [Ryan Reynolds]( [Faraday Future]( [$100M]( / [Post-IPO Debt]( Faraday Future integrates new energy, AI, Internet, and sharing models to empower everyone to move, connect, breathe and live freely. Categories: Automotive • Electric Vehicle • Electronic Design Automation (EDA) • Information Technology Founders: [Alan Cherry]( [Dag Reckhorn]( [Nick Sampson]( [Richard Kim]( [Tom Wessner]( [Tony Nie]( [Yueting Jia]( Investors: [Senyun International]( (Lead) [Molbio Diagnostics]( [$85M]( / [Venture Round]( Molbio Diagnostics is a molecular diagnostics manufacturer that specializes in the low-cost diagnosis of tuberculosis and other diseases. Categories: Biotechnology • Health Care • Health Diagnostics • Manufacturing • Medical Device Founders: [Chandrasekhar Nair]( [Sriram Natarajan]( Investors: [Temasek Holdings]( (Lead), [Motilal Oswal Private Equity]( More Fundings Company Amount / Round Lead Investor [Not So Dark]( $80M / [Series B]( [Kharis Capital]( [GoHealth]( $50M / [Post-IPO Equity]( [Elevance Health]( [Unravel Data]( $50M / [Series D]( [Third Point Ventures]( [Sanity Group]( $38M / [Series B]( [British American Tobacco]( [Vendease]( $20M / [Series A]( [Partech]( [KPay]( $10M / [Venture Round]( - [Vendease]( $10M / [Debt Financing]( - [ElectricPe]( 99M INR / [Debt Financing]( [Micelio Fund]( [All Recent Funding Activity]( Recent Acquisitions [Curatio Healthcare]( Pending acquisition by [Torrent Pharmaceuticals]( for 20B INR More Acquisitions Company Acquired By Amount [House of Control]( [Visma]( $64M [All Recent Acquisition Activity]( Upcoming Tech Events Accelerator Deadlines Date Accelerator Location Sep 30, 2022 [GSV Ventures]( San Francisco Sep 30, 2022 [Richi Entrepreneurs]( Boston [More Upcoming Deadlines]( Don’t see your event? 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