According to Odaily’s incomplete statistics, a total of 47 domestic and overseas blockchain financing incidents were announced during the week from May 23 to May 29, a decrease from the previous week; There is a certain decline.
The following are the specific financing events (Note: 1. Sorting according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
The following are the specific financing events (Note: 1. Sorting according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
According to official news, Ethereum Layer 2 developer StarkWare announced that it has completed a US$100 million D round of financing at a valuation of US$8 billion. Greenoaks and Coatue led the investment, and Tiger Global participated in the investment. The financing will be used to advance its product, engineering and business development, grow the ecosystem around StarkEx and StarkNet, and expand its team.
Babel Finance, an encrypted asset management company, completed a US$80 million Series B financing at a valuation of US$2 billion. Jeneration Capital, Dan Tapiero's 10T Holdings, Dragonfly Capital, BAI Capital, Circle Ventures, etc. participated in the investment. Babel Finance partner Yulong Liu said the funds are planned for global expansion, especially in the UK, Latin America and North America. To that end, the company hopes to expand its current team of 170 to around 200. (The Block)
Flowcarbon, a blockchain-based carbon credit trading platform, has completed a $70 million financing led by a16z, with participation from General Catalyst and Samsung Next. Among them, US$32 million will be raised through equity financing, and US$38 million will be raised through token sales.
It is reported that Flowcarbon is supported by Adam Neumann, the founder of WeWork. The platform allows project developers to use blockchain technology to tokenize their carbon credits, store and trade them, so that they can obtain funds at a lower cost and more quickly. Extended items. (Reuters)
ADDX, a digital securities trading platform in Singapore, announced today that it has completed a US$58 million Pre-B round of financing. Thailand Stock Exchange subsidiary SET Venture Holding, UOB, Hamilton Lane and Krungsri Finnovate participated in the investment. The valuation of this financing was not disclosed. The new financing will be used for further development and geographical expansion of the company. ADDX has several plans in the pipeline, some of which aim to bridge the gap between traditional financial operators and digital asset operators. (The Block)
GameFi Platform GEMS Receives $50 Million Investment Commitment from GEM Group
The GameFi platform GEMS announced that it has received a $50 million investment commitment from GEM Digital Limited (GEM Group), a digital asset investment company in the Bahamas. Up to now, GEMS has reached partnerships with more than 80 blockchain and e-sports companies, and will further enhance products and expand the ecosystem globally (mainly in Asia).
According to previous news, on April 2, GEMS announced the completion of US$5 million in financing, Project Seed, FOTA, DreamQuest, World Overlay, Moon Ray, Starverse (AAA Games), IG, Gain Associates, Crypto Vietnam, Kenzo Ventures, Plutus.vc Wait to vote. (PR Newswire)
Metaverse App BUD completes USD 36.8 million Series B financing led by Sequoia Capital India
Metaverse App BUD announced the completion of US$36.8 million in Series B financing, led by Sequoia Capital India, with participation from ClearVue Partners, NetEase, Northern Light Venture Partners, GGV Capital, Qiming Venture Partners, and Source Code Capital.
It is reported that BUD was founded in 2019 by former Snap engineers Risa Feng and Shawn Lin and is headquartered in Singapore. The app lets users drag and drop to create spherical 3D characters and interact with them in-game without any coding skills. BUD stated that it plans to launch an NFT market to further enhance the user experience. (Techcrunch)
Web3 AR game startup Jadu completes $36 million Series A financing led by Bain Capital
Web3 AR gaming startup Jadu announced the completion of a $36 million Series A round led by Bain Capital, with participation from General Catalyst Partners, LG Tech Ventures, and Alumni Ventures. So far, the company has raised more than $45 million in total. (dot LA)
DeFi start-up company Common has completed $20 million in financing, with participation from Spark Capital, Polychain, Jump, Wintermute, BitDAO, etc. Common’s new funding will be used to further develop and decentralize its platform, also known as Commonwealth, which aims to be the DAO’s community governance platform.
Common allows DAOs to easily deploy governance contracts, crowdfund new initiatives, and provide chat functionality for DAO members to interact. In the future, it plans to launch an app store for the DAO, allowing each community to choose its own functionality. (Decrypt)
Crypto Hedge Fund Hedonova Receives $18.4 Million in Series A1 Funding from Chemie-Tech DMCC
Los Angeles encryption and alternative asset hedge fund Hedonova announced that it has received $18.4 million in Series A1 financing from Chemie-Tech DMCC, with a post-money valuation of $330 million. According to Alexander Cavendish, co-founder and CEO of Hedonova, the company will use the new financing to further strengthen its data center investment and equipment financing business. (PR Newswire)
Cryptocurrency tax analysis and blockchain analysis company ZenLedger completed $15 million in Series B financing, led by ParaFi Capital and Bloccelerate VC, King River Capital, G1 Ventures, Main Street Investment, Three Point Capital, Shorooq Partners, VaynerFund, Blizzard the Avalanche Fund, AngelList Quant Fund and others participated in the investment. (Tech Crunch)
Web3 game studio MetaKings completed a $15 million seed round of financing, with participation from Makers Fund, Bitkraft Ventures, Delphi Digital, Animoca Brands, Shima Capital, WW Ventures, Spartan Group, and Huobi Ventures. Funds will be used for game development and the studio Marketing campaign for the first blockchain game Blocklords. (CoinDesk
Enhanced Digital Group (EDG), a wholesaler of structured products in the field of digital assets, announced the completion of a $12.5 million seed round of financing, led by WebN Group and Genesis, New Form Capital, Nexo Ventures, Kenetic, BH Digital, Tribe Capital and IntoTheBlock founder Jesus Rodriguez and others participated in the vote. The financing will allow EDG to provide products and services to companies catering to traders within and outside the United States, while providing working capital to expand sales, technical, legal and financial staff. (Business Wire)
NFT market Bubblehouse completes $9 million in seed round financing, led by Cassius Family
News NFT market Bubblehouse completed a $9 million seed round of financing, led by Cassius Family, with participation from Third Kind VC, SV Angel, Kima Ventures, Watertower Ventures, and Ocho Capital. (Silicon Angle)
Web3 Fashion Solutions Provider Bold Metrics Completes $8 Million Series A Funding
Bold Metrics, a San Francisco-based Web3 fashion solutions provider, announced the completion of an $8 million Series A round led by Bessemer Venture Partners, with participation from Lytical Ventures, ValueStream Ventures, and Nanban Ventures. So far, the company’s total financing has reached $12.3 million. The company will use the funds to accelerate its expansion into new growth markets, while expanding research and development to deepen its core capabilities. (Finsmes)
Today, Pebble announced the launch of the first app that pays users to store, spend and send fiat currency — all within a single digital wallet. Meanwhile, Pebble received $6.2 million in funding from Y Combinator, Caballeros Capital, LD Capital, Lightshed Ventures, Eniac Ventures, Global Founders Capital, Soma Capital, and others.
Climate tech startup Allinfra completes $6 million Series A round led by Nomura
Climate tech startup Allinfra announced the completion of a $6 million Series A round led by Nomura Securities. The new financing will be used to expand the product development and sales resources of the company's sustainable development data management software Allinfra Climate and asset tokenization platform Allinfra Digital, thereby expanding Allinfra's products to more industry users and use cases. (Finextra)
AMP Global, a blockchain video entertainment platform, announced the completion of a $5.6 million seed round of funding, including a $2 million injection from MaC Enterprise Capital.
AMP Global plans to use the new funding to launch its 'Gateway to the Web' project, which will allow customers to purchase mobile phone information through its blockchain-based digital assets, which they participate in by participating in the 'Take Again the Mic (TBTM)' app Earned from content materials within the program. (Crypto News BTC)
Music NFT startup ArtistFirst completes $5.5 million in financing, led by Multicoin Capital
Music NFT startup ArtistFirst Technology Inc announced the completion of $5.5 million in seed round financing, led by Multicoin Capital, Krafton, Pravega Ventures, GAMA, Woodstock Fund, IOSG Ventures, Polygon Studios and Sandeep Nailwal (Polygon co-founder), Gokul Rajaram, Prashant Malik and Miten Sampat participated in the vote. This round of financing will be used to expand its technical team and industry partnerships, and recruit artists. (Freepress journal)
NFT Fraud Detection Startup Doppel Completes $5M Seed Round Led by FTX Ventures, Polygon Studios, Solana Ventures, OpenSea Ventures, Dapper Labs, SVAngel, South Park Commons, Script Capital, Spartan Group, Paxos, 6529 Capital, Quiet Capital , and AlphaLab Capital, Balaji Srinivasan and Gokul Rajaram participated in the investment. (Tech Crunch)
Jupiter Exchange Completes $5M Seed Round Led by White Hilt Capital
Alternative asset trading platform Jupiter Exchange has announced the completion of a $5 million seed round led by White Hilt Capital. Jupiter Exchange has established a simple transaction process that can help alternative assets such as artwork, cars, sneakers and other pop culture memorabilia mint "ownership" NFTs, which can be subdivided into individual ownership Tokens, once sold on Jupiter Marketplace If it is sold out, it can be listed on Jupiter Exchange for secondary trading. (Crypto Daily)
Crypto Market Maker PlatinX Technology Raises $5M to Support Its PTX Algorithmic Trading Software
Cryptocurrency market maker PlatinX Technology has completed $5 million in financing to provide support for its PTX Algo Trading Software.
PTX Algo trading software is an artificial intelligence-based low-latency software that is connected to several mainstream crypto exchanges, including Binance, FTX, KuCoin, Huobi Global, Coinbase, Bitmart, Wazirx, Kraken CoinDCX, etc., and has the potential for further expansion. The software has built-in algorithms (Algo), high-frequency trading (HFT), arbitrage and quantitative trading strategies, and can be customized according to user needs. (The Economic Times)
Chain4Travel announced the completion of a seed round of financing of 3.6 million pounds (approximately 4.5 million U.S. dollars), and the investor information has not yet been disclosed. Chain4Travel will use this round of financing to build a blockchain travel service platform Camino that provides B2B and B2C leisure travel products. (Phocus Wire)
P2E shooting game Cantina Royale announced the completion of $4.5 million in financing, led by Elrond and Mechanism Capital, with participation from Crypto.com, Morningstar Ventures, Animoca Brands, Skynet EGLD Capital, GBV Capital, Good Games Guild, and Chingari. Funding will help the team continue to develop new features and game modes. (Crypto Briefing)
South Korean AR (augmented reality) startup RECON Labs recently announced the completion of US$4.4 million in Series A financing, with participation from Kakao Brain, Hanwa Techwin, Korea Investment Partners, Lotte Ventures, Kakao Ventures, Shinhan Capital, and Naver D2SF. Funds raised will be used to expand the team and improve its PlicAR platform. The platform allows users to automatically convert 2D images into 3D views of products without requiring specialized 3D modeling skills. (Virtual reality times)
Primitives, an NFT application on the Solana chain, announced the completion of a $4 million seed round of financing, led by Redpoint, with participation from Union Square Ventures, Harlem Capital, and Stellation Capital.
It is reported that Primitives provides a mobile website to help users create and share NFT for free. In addition, Primitives also has a built-in native encrypted wallet for users to save NFT. (Martech Series)
Metaverse AR startup LivingCities.xyz completes $4 million Pre-Seed round of financing
Metaverse AR startup LivingCities.xyz announced the completion of a $4 million Pre-Seed round of financing, DCVC venture capitalist Ali Temaseb and others participated in the investment. (VR Times)
Web3 DeFi startup Finnt announced the completion of a $3.5 million seed round of financing, with participation from Y Combinator, Khosla Ventures, and Untapped Ventures.
According to reports, Finnt is a family DeFi application that supports multi-user, high-yield savings accounts. By using digital assets and blockchain technology, it can provide global joint and savings accounts. (PR Newswire)
Machinations.io, a Web3 game development platform, announced the completion of a US$3.3 million Series A financing led by Hiro Capital. The financing will be used for staff recruitment and feature development. (benzinga)
P2E game development company Monoverse announced that it has completed a financing of US$3.1 million. The Korean real estate fund Korea Real Estate Investment and Trust (KOREIT) participated in the investment. The company will use the funds to continue to expand the blockchain game market. (iGaming)
Dedoco Closes $3 Million Funding Led by True Global Ventures
Dedoco, a blockchain “document management as a service” (DMaaS) provider, has raised $3 million in financing led by True Global Ventures. The funds raised will be used for global expansion. So far, Dedoco's total financing amount is 7.5 million US dollars.
It is reported that Dedoco aims to provide users with higher data privacy and document security through blockchain technology. Documents released by Dedoco can be interoperable across multiple systems, thereby helping enterprises transition to Web3. (Prnasia)
Blockchain API platform Transpose completes $3 million in financing led by MaC Venture Capital
Blockchain API platform Transpose announced the completion of $3 million in financing, led by MaC Venture Capital, with participation from HOF Capital, Soma Ventures, and Pareto Ventures. It is reported that Transpose has developed four different application programming interfaces to meet the needs of Web3 development, including support for querying and accessing data on the chain (that is, blocks and transaction information), asset layer data (NFT and Token), and account data (full wallet ownership and activities). (Alley Watch)
According to official news, the blockchain data analysis platform Footprint Analytics completed a $2.65 million Seed+ round of financing, led by Matrix Partners, and participated by Redpoint, A&T Capital, Hash Global, Waterdrip Capital, Lancer Capital, Dual Epoch Capital, etc. . Footprint Analytics’ total funding brings to $4.15 million. (AMBCrypto)
According to official news, Spritz Finance, a DeFi payment service provider, announced the completion of a $2.5 million Pre-Seed round of financing. Ledger Prime, OrangeDAO, Shima Ventures, DCG Genesis, Awesome People Ventures, etc. participated in the investment. Angel investors include Polygon co-founder Sandeep Nailwal , former Coinbase CTO Balaji Srinivasan, former Y Combinator financial technology partner Aaron Harris, Anchorage Digital founder and CEO Diogo Mónica, Ledger Prime CIO Shiliang Tang, Lending Circle, and Vouch founder Sam Hodges. The new financing will be used to expand the team and further develop the product.
Web3 Startup Stan Closes $2.5M Seed Round Led by General Catalyst
Web3 startup Stan announced the completion of a $2.5 million seed round of financing, led by General Catalyst, with participation from Better Capital and angel investors from Coinbase Ventures, OpenSea, and Kaleyra.
The venture capital institution General Catalyst has been supporting projects in the fields of DeFi, Layer1 infrastructure, developer tools and payments in the past, and has invested in Circle Internet Financial behind USDC. This investment in Stan is its first investment in the field of Web3 and encryption in India. (The Economic Times)
Mojor, the Web3 community platform, completes a $2 million seed round of financing
News Web3 community platform Mojor has completed a seed round of financing of 2 million US dollars in February, with a valuation of 20 million US dollars in this round. The financing institution of this round has not disclosed to the outside world.
Mojor is a brand-new community platform focusing on the Web3 field. Community creators truly own the community by holding NFT. Users log in directly through wallets, and use various Web3 robots to facilitate community governance and improve efficiency. (Yahoo Finance)
Encryption and Blockchain Educational Platform Coinmarketpedia Completes $2 Million Pre-Seed Funding
Coinmarketpedia, a Dubai-based decentralized encryption and blockchain education platform, announced the completion of a pre-seed round of US$2 million. The investor information has not yet been announced. (My Startup World)
According to official news, Angular Finance, a cross-chain financial market, announced the completion of a $1.8 million seed round of financing this month, with participation from CMS, Figment, BigBrain Holdings, 0xVentures, HashCIB, Illusionist Group, Hailstone Ventures, a41, Stacker Ventures, Autonomy Ventures, and Rarestone Capital .
Metaverse infrastructure company Element Black announced the completion of a $1.6 million private placement round of financing, with participation from Old Fashion Research, Boxmining, OrionDepp, CryptoDaku, and Magnus. The financing funds will be mainly used to create Element.Black's NFT music platform MUSIC-INFINITY to promote music copyright confirmation.
Environmental startup Oceans and Us plans to raise $1.2 million through the issuance of NFT
Environmental startup Oceans and Us announced plans to raise $1.2 million through NFT sales, which the company plans to use to clean up marine debris around the world. (ABAB News)
Metaverse developer platform studio Lumos Labs announced the completion of a $1.1 million seed round of financing, led by Delta Blockchain Fund, with participation from Superblock, Next Web Capital, Arcanum Capital, AG Build, and Paradigm Shift Capital.
It is reported that Lumos Labs will launch the metaverse developer interaction platform, aiming to bring blockchain technology to developers and entrepreneurs, help Web3.0 developers improve their skills on its platform, explore Web3.0 learning and job opportunities, Solve the bottleneck of lack of qualified developers in the L1 and L2 ecosystem. (The Financial Express)
Web3 audio streaming platform Tamago announced the completion of a $1 million seed round of financing, with Block0, Big Brain Holdings, Daedalus, Human Guild, and Move Capital participating.
It is reported that Tamago is a decentralized streaming music platform based on the NEAR protocol. It rebuilds the audio streaming business model through Web3 and NFT technology. The platform currently has more than 1,000 tracks, more than 700 users and 45,000 minutes of streaming. Media materials, and also use the integrated NEAR wallet to help artists collect fees through track downloads and other methods. (Alexa Blockchain)
Philippine encryption wallet Paytaca completes 7.5 million pesos Pre-Seed round of financing
Philippine financial technology company Paytaca announced that it has completed more than 7.5 million pesos (approximately) Pre-Seed round of financing through the non-custodial crowdfunding platform Flipstarter.
Joemar Taganna, the company's president and CEO, revealed that Paytaca will soon launch a non-custodial mobile wallet and use Bitcoin Cash (BCH) as the main cryptocurrency to support micropayment transactions, promoting BCH as a payment option for merchants. (Sunstar)
Mitsui & Co. announces investment in clean energy mining company Crusoe Energy
According to official news, Mitsui, a general trading company in Japan, announced to subscribe for the shares of Crusoe Energy Holdings Inc., the parent company of Crusoe Energy Systems LLC, an American cloud computing service provider. As a strategic partner of Crusoe Energy, Mitsui & Co. will promote cooperation with Crusoe Energy in overseas markets.
According to previous reports, clean energy mining company Crusoe Energy completed a $350 million Series C round of financing at a valuation of $1.75 billion, led by G2 Venture Partners.
KuCoin Ventures Announces Investment in Web3 Game Development Platform Joyride
Cryptocurrency trading platform KuCoin announced that its venture capital arm, KuCoin Ventures, has invested in Web3 game development platform Joyride Games. It is reported that Joyride is one of the first projects supported by KuCoin’s $100 million Creator Fund.
According to previous reports, Web3 game development platform Joyride completed a financing of US$14 million, with participation from Coinbase Ventures, Animoca Brands, Solana Ventures, Dapper Labs, BITKRAFT Ventures, SuperLayer, Modern Times Group, and Mirana Ventures. The financing was used to add more supported blockchains to the wallet, new NFT functionality and integration with the marketplace, and to help launch the first completed games based on the Joyride platform. (Businesswire)
HALO OFFICIAL completes multi-million dollar seed round financing led by KuCoin Labs
According to official news, HALO OFFICIAL has recently completed a multi-million-dollar seed round of financing, led by KuCoin Labs and participated by overseas institutions such as Geekcartel.
It is reported that the 3D modeling team of HALO OFFICIAL comes from Disney and Marvel. They create Web3.0 visual DID with 3D virtual human images, and endow NFT application value with the virtual human live broadcast function. HALO Utility uses high-precision motion capture technology for real-time 3D capture and real-time rendering, allowing people in the real world to freely manipulate virtual human movements and expressions, and connect to all video social platforms such as Discord, YouTube, and TikTok for social interaction.
Metaverse service provider MetaEstate announced the completion of a multi-million dollar strategic round of equity financing, led by Matrixport and SevenX Ventures, followed by Cryptogram Venture (CGV), Everest Ventures Group, and Y+ Ventures. Participate in identity. (NewsBTC)
Web3 game development company Cinder Studios completes A round of financing, led by Animoca Brands
Cinder Studios, a Web3 game development company, announced the completion of Series A financing, led by Animoca Brands. The specific financing amount has not been disclosed yet. This round of financing will be used to accelerate product development, including developing P2E games, casting new avatars and launching its own exclusive Token . (Wild Fire)
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