Wintermute-Backed Pascal Raises $9M as USV Bets Big on Prediction Markets

Pascal raised $9 million in funding backed by Wintermute and Union Square Ventures. USV, a $3 billion VC firm, invested after meeting founders Ivo Crnkovic-Rubsamen and Matthew Downey. The prediction market platform secured capital from the firm known for backing Coinbase. Pascal aims to expand its services in the prediction market sector.