One-week financing express | 38 projects have been invested; the total disclosed financing is about 500 million US dollars (6.27-7.3)
According to Odaily's incomplete statistics, a total of 38 domestic and overseas blockchain financing incidents were announced in the week from June 27 to July 3, a certain increase from the previous week; There is a certain reduction.
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):
CloudWalk, a Brazilian financial technology company that provides payment solutions for small and medium-sized enterprises, announced the completion of financing of US$150 million, with a market valuation of US$2.15 billion. In addition, CloudWalk will also launch its own blockchain network. According to CloudWalk, more than 130,000 users are using the Brazilian digital stable currency BRLC, and the launch of the blockchain network is a step towards the decentralization of financial services. (PR Newswire)
Encrypted Data Company Kaiko Completes $53M Series B Funding Led by Eight Roads
Encrypted data company Kaiko announced the completion of a US$53 million Series B round of financing, led by Eight Roads, with participation from French venture capital institutions Revaia, Alven, Point Nine, Anthemis, and Underscore. The company's valuation has reached three times the previous round of financing, and the specific data has not been disclosed.
It is reported that Kaiko is headquartered in Paris and began to provide encrypted data to the largest players in the market in 2017. Its customers and partners include Deutsche Boerse, ICE Global Network, Messari, Paxos, etc. (Bloomberg)
On Tuesday, PolySign, a digital asset infrastructure company, officially announced the completion of a US$53 million Series C round of financing, with participation from Cowen Digital, Brevan Howard, and GSR. The valuation has not been disclosed.
In addition to this funding round, PolySign has secured a $25 million line of credit from private equity firm Boathouse Capital.
In addition, PolySign also announced the completion of Series C financing. New investors include Soros Fund Management, Brevan Howard and GSR. The specific financing amount has not yet been disclosed. (CoinDesk)
Incredibuild Completes $35 Million Series B Funding Led by Hiro Capital
Incredibuild, a distributed software and game development acceleration platform, completed a $35 million Series B financing led by Hiro Capital and participated by Insight Partners.
The latest financing will fuel Incredibuild's innovation and growth in industries such as artificial intelligence, metaverse, and enhance its supercomputing platform. Incredibuild's model is similar to peer-to-peer networking, the idea being that at any given time, an organization has free CPUs in its network, and then efficiently partitions and distributes the heavy code to those CPUs to run processing in real-time. (Techcrunch)
British start-up Circulor announced on Tuesday that it has completed a US$25 million Series B round of financing, led by Westly Group and participated by the venture capital arm of Volvo Cars, Jaguar Land Rover (JLR) and BHP Billiton Group. Circulor has raised a total of $45 million over the past two years.
Funds from this round of financing will be used for expansion, primarily in the U.S. market. By leveraging blockchain technology, Circulor is working with the likes of Volvo, JLR, BHP Billiton and TotalEnergies to track its supply chain in pursuit of environmental, social and governance (ESG) goals.
Circulor CEO Douglas Johnson-Poensgen said Circulor plans to conduct an IPO "in due course." (Reuters)
Zigazoo, a U.S.-based TikTok-like social media platform for children, announced the completion of a $17 million Series A round led by Liberty City Ventures, Animoca Brands, Dapper Labs, The NBA, OneFootball, Causeway, Medici VC, Lightspeed Venture Partners, Flamingo Capital, Core Ventures, Spartan Group and others participated in the investment. This brings the company's total raised since its 2020 launch to $21 million. According to the company's CEO Zak Ringelstein, the new financing will be used to expand the company's influence in the Web3 field, "while striving to become the leading children's social network, allowing children to directly interact with creators and brands in the children's media field." In addition, The company also plans to continue to introduce new NFT series, add more game elements to Zigazoo, and "inspire joy" by using QR codes to create learning experiences through AR, and will build its own creator and marketplace tools for creators. (The Block)
Mona, the Web3 metaverse platform, announced the completion of a $14.6 million Series A financing led by Protocol Labs, Archetype and Collab+Currency, with participation from Placeholder, OpenSea Ventures, Polygon Studios, ConsenSys, Venture Reality Fund, Placeholder and other crypto-native funds and angel investors cast.
Mona is building tools, systems and protocols to build a metaverse platform for 3D creators, aiming to make it very easy and free for any creator to build high-quality virtual worlds and sell them as NFTs. The company does not sell virtual land or tokens, nor does it charge creators any upfront fees. Mona was opened to creators in October last year, and more than 3,000 users have built virtual worlds in its Metaverse. Creators mint and Made over $500,000 selling their tokenized virtual world.
Web3 game platform Soba announced the completion of $13.5 million financing, led by Lightspeed Venture Partners, FTX Ventures, Cherry Ventures, Point Nine Capital, TQ Ventures and Matthew “Nadeshot” Haag, Jack “CouRage” Dunlop, Tim “ClashwithAsh” Evans, Alvaro “ Alvaro845” González de Buitrago and other game creators participated in the vote.
In order to create the best environment for creators, Soba is integrating blockchain elements and steadily transforming to Web3. Through Web3, Soba will enable creators and players to own their own digital assets such as NFT, and also be able to transfer these digital assets to other projects or transfer digital assets from other projects to Soba. (Venture Beat)
Biotech company Vibe Bio completes $12 million financing, led by Initialized Capital
New biotechnology company Vibe Biotechnology recently announced the completion of $12 million in financing, led by Initialized Capital, with Naval Ravikant, Balaji Srinivasan, 6th Man Ventures, Yvonne Hao, Enke Bashllari, Andy Coravos, Lerer Hippeau, Andy Palmer and others participating.
Funding from this round will be used for its DAO to identify and develop treatments for rare diseases by connecting the patient community directly with investors, scientists, and other experts.
It is reported that, unlike traditional biological companies, Vibe Bio is committed to seeking to sustainably expand the development scale of treatments, provide the patient community with ownership of the results, and fund its development through the VIBE token sale, which will be launched later this year Governance token VIBE. (Businesswire)
Blockchain storage project Kyve Network completes $9 million in financing led by Distributed Global
Kyve Network, a blockchain storage project, completed $9 million in financing, led by Distributed Global, with participation from Wicklow Capita, IOSG Ventures, Blockchain Coinvestors, Anagram, Cerulean Ventures, Huobi Incubator, and MEXC Global, with a post-money valuation of $100 million. Funds raised will be used to power more blockchain networks (recently merging Cosmos and Polkadot) and expand the team. It is reported that Kyve Network is recruiting senior management personnel in engineering, marketing and finance. (The Block)
According to reports, KYVE allows data providers to seamlessly store and verify their data streams by setting up archive pools. Each pool is a DAO powered by SmartWeave, the Arweave smart contract language. The project vision is to help Web 3.0 projects achieve unlimited scalability by storing and computing data reliably and efficiently.
Decentralized Identity Platform Trinsic Completes $8.5 Million Seed Funding Led by Georgian
Decentralized identity platform Trinsic announced the completion of $8.5 million in seed round financing, led by Georgian, Jon Gelsey (Auth0 founding CEO), Frederic Kerrest (Okta executive vice chairman, co-founder and COO), Kickstart Seed Fund, Founder's Co -op, Osage Venture Partners, Forward VC and other angel investors participated. The new funding will be used to expand the team and accelerate Trinsic’s vision of making digital identities as widely adopted as credit cards.
Trinsic leverages the principles of decentralized technology and self-sovereignty to help developers build user-controlled identity-based infrastructure faster, easier, and more reliably. Its customers include dozens of banks, insurance companies, auto brands, government agencies, and startups . (Business Wire)
Web3 game startup Project Twelve (P12) announced the completion of $8 million in financing, with participation from MetaApp, Project Galaxy, Primavera Ventures, CyberConnect, CCV, InfinityLeague, and Smrti Lab.
With the new funding, the founding team will be able to expand their vision for making game creation accessible and the game economy sustainable. P12 will build a complete infrastructure and tools to make game creation easy, and implement a set of economic mechanisms to make the game economy sustainable. In addition, P12 has launched the Genesis Soul-Bound NFT airdrop. (Investing News)
Web3 authentication startup Dynamic completes $7.5 million in seed round, led by a16z
Dynamic, a Web3 identity verification start-up, completed a $7.5 million seed round of financing led by a16z, with participation from Castle Island Ventures, Solana Ventures, Circle Ventures, Breyer Capital, Hypersphere, and Chapter One. The new financing will be used to expand the team and launch its platform.
According to reports, Dynamic was established in December last year and completed the seed round of financing in April this year. The current number of employees is 8. Dynamic provides identity verification services to different types of businesses, and its clients include Llama, Popartcats, Handstamp and Lunchclub. Additionally, the Dynamic platform closed beta is open, with a general rollout expected later this year. (The Block)
AltLayer, an Ethereum expansion project, completed a $7.2 million seed round of financing, led by Polychain Capital, Jump Crypto and Breyer Capital, Polkadot founders Gavin Wood, Balaji Srinivasan, former Coinbase CTO Balaji Srinivasan, Circle co-founder Sean Neville, Synthetix Co-founders Kain Warwick and Jordan Momtazi participated in the investment. The financing is being used to grow its existing team of around 10 to around 25 people and launch its platform later this year. (The Block)
Metaverse holographic technology developer Swave announced the completion of a seed round of financing of 7 million euros (about 7.2 million U.S. dollars), with the participation of venture capital fund imec.xpand, public investment fund Flanders Future Techfund (FFTF), and Belgian university venture capital fund QBIC.
Theodore Marescaux, CEO and founder of Swave, stated that the company's vision is to build fundamental holographic technology that will bring the metaverse to life and work, and eventually replace the reality of reality by providing supported real, realistic and immersive virtual world experiences. There are AR/VR headsets. (Businesswire)
Web3 network peaq completes $6.5 million financing led by Fundamental Labs
According to official news, Web3 network peaq, which promotes the Internet of Things economy (EoT), completed a financing of US$6.5 million. Fundamental Labs led the investment, and HashKey, GSR, Delta VC, Mulana, Cypher Capital, GravityX, Waterdrip, Ceras, Masterventures, etc. participated in the investment.
This round of financing will be used to support the continuous expansion of the peaq network, expand the development team, launch new products and features for the peaq ecosystem, and increase the popularity of the project. In addition, peaq has established ecosystem partnerships with industry alliances including GAIA-X and the German Automobile Association.
It is reported that peaq's Layer1 blockchain is built on Substrate, making it compatible with Polkadot. peaq provides identity, access and payment functions as the core functions for developers to design DApps for EoT. The peaq network allows individuals and organizations to build, manage and monetize DApps for their vehicles, robots and devices.
Web3 Marketing Startup Omi Completes €6 Million Funding Led by Dawn Capital
Omi, a French brand modeling and 3D rendering Web3 marketing startup, announced the completion of a seed round of 6 million euros (about 6.27 million U.S. dollars), led by Dawn Capital, Marc Ménasé, founder of Founders Future, Alexis Bonillo, co-founder of Zenly, and Daniel, founder of Deezer Angel investors such as Marhely and Voodoo co-founder Laurent Ritter, as well as Pareto Holdings, Financière Saint James (family office of co-founder of Veepee.com), Motier Ventures (family office of Galeries Lafayette) and Famille C Venture (family office of Clarins) Institutions participated.
Omi CEO and co-founder Hugo Borensztein said that Omi will help companies more easily integrate into Web3 experiences such as augmented reality or the metaverse, and explore technical and cultural challenges such as smart contracts and the use of NFT to distribute 3D content. (Retail Technology Innovation Hub)
Layer1 Blockchain Linera Completes $6 Million Seed Round Financing, Led by a16z
Layer1 blockchain Linera announced the completion of a $6 million seed round of financing, led by a16z, with participation from Cygni Capital, Kima Ventures, and Tribe Capital. Funds raised will be used to hire engineers and team members to build the protocol.
It is reported that Mathieu Baudet, founder and CEO of Linera, was an employee of Meta and helped Meta create the Libra blockchain. The Linera blockchain has properties such as low latency and linear scalability, and consists of shards or a single thread, adding additional validators to improve network efficiency, enabling most account-based operations to be performed within a fraction of a second confirm. (CoinDesk)
DeFi startup MoHash announced the completion of a $6 million seed round of financing led by Sequoia India, Southeast Asia and Quona Capital, with participation from Ledger Prime, Jump Crypto, Hashed Ventures, Coinbase Ventures and CoinSwitch, as well as Balaji Srinivasan, Polygon founders Sandeep Nailwal and Jaynti Kanani cast.
The firm plans to begin trading in the coming weeks, targeting institutional investors and high-net-worth individuals with check sizes typically in excess of $1 million. (TechCrunch)
NFT metaverse game Mech.com completes $6 million in financing, led by Shima Capital
NFT metaverse game Mech.com announced the completion of a $6 million seed round of financing, led by Shima Capital, with participation from Polygon, Big Brain, Anti Fund, Cryptology, Master Ventures, BreederDAO, MetaVest, Andromeda VC, Pulse Ventures, and Gumi Ventures.
It is reported that Mech.com is developing a Match-3 game, players can get "ore" and exchange it for its native token FORGE. Mech.com is also developing an arena versus P2E game, which will introduce NFT and FORGE tokens. (Digital Journal)
Cloud authoring tool Echo3D completes $5.5 million in financing led by Qualcomm Ventures
Echo3D, a cloud creation tool for 3D, AR, and VR content, has raised $5.5 million in funding, led by Qualcomm Ventures. The company will use the funds to expand its relationships with developers and expand its developer and marketing teams.
Echo3D is a cloud solution that provides tools and network infrastructure for developers and companies building games and metaverse applications in VR experiences. Developers using Echo3D have built cloud-connected games, AR advertising campaigns, NFT marketplaces, and more. (Venture Beat)
R Labs, a blockchain-based financial technology company, announced the completion of a $5 million Pre-Seed round of financing led by Softbank, AGF and Prodege. The company's advisors include Azuki, Decentraland, Warner Music Group (WMG), Creative Artists Agency (CAA), and others.
R Labs, led by Geeta Sankappanavar and Chelsea Cain Maclin, aims to build a social impact ecosystem in Web3. Later this summer, the company will launch a purpose-driven NFT project centered around five core areas of mental health, inclusion, sustainability, education, and overall entertainment. (FINSMES)
Web3 Network WeatherXM Closes $5M Seed Round Led by Placeholder VC
News Web3 network WeatherXM completed a $5 million seed round of financing, led by Placeholder VC, with participation from Metaplanet, ConsenSys Mesh, Protocol Labs, and Border Capital.
It is reported that WeatherXM is a network that uses cryptocurrency incentives to improve the accuracy of weather forecasts. (The Block)
Blockchain game developer Ring Games announced the completion of $5 million in financing, led by Animoca Brands and Planetarium, with participation from venture capital and game associations such as Defiance Capital, Play Ventures, Double Peak, DWeb3 Capital, GuildFi, Avocado DAO, and PathDAO.
It is reported that Ring Games was established in 2019 by the former core developers of the global popular game "King's Raid", and is committed to developing the new "Premium Character Collectible RPG" Stella Fantasy high-precision action game and other Web3 games. Stella Fantasy is currently in the final development stage, which is scheduled to be launched in late August this year. (Nftculture)
RLTY, a developer of metaverse event creation tools, announced the completion of 4 million euros (about 4.23 million U.S. dollars) in financing. cast.
It is reported that RLTY mainly helps users create concerts, festival celebrations, art fairs and other social gathering virtual activities in the metaverse, providing virtual space, NFT and monetization solutions, as well as data analysis of virtual world activities. The company also recently cooperated with The Sandbox partnered to provide users with no-code virtual event creation services. (Wmleader)
Azuro, an agreement to build a decentralized betting system, has completed $4 million in financing, with participation from Hypersphere, Ethereal Ventures, Arrington Capital, Delphi Digital, AllianceDAO, Gnosis, and Merit Circle.
Azuro recently launched its mainnet on Gnosis Chain, and its frontend went live earlier this month. Azuro plans to use the financing to expand to different blockchains, add more betting markets, and create NFT betting markets. (The Block)
MagicSquare, an encryption application store for Xunduochain, completed a $3 million seed round of financing, co-led by Binance Labs and Republic, with strategic partners including KuCoin Labs, GSR, IQProtocol, Gravity Ventures, AlphaGrep and other angel investors.
It is reported that Magic Square is a Web3 solution that makes it easier for everyone to use cryptocurrency. Users can discover and experience various DApps, CeFi and DeFi, NFTs, games, etc. in Magic Square. Soon after, the public beta will open to 50,000 pre-registered users.
Motion Capture Foundry and Sale Marketplace HEAT Closes $2.6M Seed Round
HEAT, a motion capture casting and selling market, announced the completion of a $2.6 million seed round of financing, with participation from Spartan Group, Zee Prime Capital, Focus Labs, Big Brain Holdings, Flying Falcon, Information Token, Nifty Island, and Mona.
HEATDAO is a creative motion capture studio that aims to enable dancers to capture, create, and monetize their motion data by using NFTs by putting motion data on-chain.
League of Traders, an encrypted social trading platform, announced the completion of a US$2.4 million Pre A round of financing. The German venture capital institution C3 VC Fund led the investment, and Mirana Ventures and Cadenza Capital Management participated in the investment. The new funding will be used to expand its user offering and improve the current copy trading functionality.
According to reports, League of Traders is a social trading service that allows traders to visually track assets across exchanges and make informed trading decisions. The platform transforms crypto trading into a gamified social experience with leaderboards, trader profiles, multi-exchange asset visualization, and community news and engagement. (PR Newswire)
WE.VESTR, a Dutch STO management platform, announced the completion of 2.2 million euros (about 2.3 million U.S. dollars) in financing, with the participation of venture capital firm Venturerock.
Floris van Hoogenhuyze, co-founder of WE.VESTR, said that by tokenizing shares on a distributed ledger, shareholders can more easily trade company shares, which means that all shareholders, including employees, have new opportunities to control themselves financial future. (Silicon canals)
Blockchain and Web3.0 underlying technology developer Mo Universe recently received 15 million yuan (about 2.24 million U.S. dollars) in seed round financing. This financing is led by Zhenghan Capital, Fangyuan Central, Borui Changxing, Hainan Xinshengquan Institutional investment, with a pre-investment valuation of 150 million yuan.
Mo Universe was established in May 2022. The company focuses on blockchain and Web3.0 underlying technology research. It has independently developed the "on-chain access verification system" and the underlying chain "MoChain", combining UNREAL rendering engine technology and artificial intelligence. technology, XR technology, etc., has created a metaverse open platform based on Web3.0 technology, providing content creators with metaverse engine support, providing users with immersive experience, and providing one-stop platform services for governments and enterprises.
It is reported that the Web3.0 technology-based Mo Universe Mall developed by Mo Universe, the on-chain access verification system and the underlying chain "MoChain" will be fully launched by the end of June.
DeFi protocol Altitude announced the completion of $2.1 million in financing, with participation from Biconomy's Ahmed Al-Balaghi and Aniket Jindal, and Ambire Wallet's Ivo Georgiev.
It is reported that Altitude is a protocol that manages DeFi loans and collaterals. When users borrow through Altitude, the protocol will manage loans and collaterals in real time according to market conditions to provide the best loan interest rate, ensuring that borrowers always get the lowest available interest rate. loan. (News Bitcoin)
NFT analysis platform NFTEye completes $1.65 million in seed round financing led by Sky9 Capital
NFT analysis platform NFTEye announced the completion of a $1.65 million seed round of financing, led by Sky9 Capital, with participation from IMO Ventures, NGC Ventures, Smrti Lab, and OFR. The new financing will be used to expand the team and user base, enhance the data infrastructure to add multi-chain support.
NFTEye is an all-in-one platform that provides in-depth analysis and a professional trading suite. With NFTEye analysis, clients can identify potential opportunities through Mint data, trend favorites, blue chip indices and other core indicators and signals. In the future, NFTEye will also support NFT games (GameFi) and virtual world analysis.
Move to Earn Startup Fitmint Closes $1.6M Seed Round Led by General Catalyst
Fitmint, a Bengaluru-based "Move to Earn" Web3 startup, announced the completion of a $1.6 million seed round of financing led by General Catalyst, with participation from iSeed, Kearny Jackson, Dweb3, and 1947 Rise. The new financing will be used for recruiting and team expansion, marketing and optimizing technology infrastructure.
Fitmint co-founder and CEO Rohit Sharma revealed that the company has already started generating revenue and aims to generate US$12-15 million in revenue by the end of this fiscal year, which is 2022-23. (BW Disrupt)
Freedom Fund invests $1 million to incubate Web3 platform Raccoon
American Metaverse startup Raccoon Network announced that Freedom Fund has invested $1 million in it. Raccoon Network doubled its valuation to $10 million.
It is reported that Raccoon Network is a platform that allows programmers to deploy DApps and smart contracts on its network. The company is trying to build a Web3 metaverse and building offices around the world to attract more talent. (Digital Journal)
IncrementFi, a DeFi infrastructure based on the Flow blockchain ecosystem, announced the completion of a $1 million seed round of financing, with participation from Dapper Labs, Lattice Capital, Qiming Venture Partners, and Quiet Ventures. Funding will be used to expand the team, develop collaborations, and develop additional products and innovations. (Smart Liquidity
Stablecoin-based digital bank Neomoon completes $850,000 in seed round, led by Borderless Capital
Neomoon, a stablecoin-based digital bank, announced the completion of a $850,000 seed round of financing, led by Borderless Capital, with participation from Big Brain Holdings, Algorand INC, Algorand Foundation, Meld Venture, Optio Capital, and Algorand Miami Accelerator. The new financing will invest in new user acquisition costs and a growth strategy that will allow Neomoon to expand its solutions in the coming months.
Neomoon primarily provides financial solutions for Latin America and uses Algorand blockchain-based stablecoins, including USDT and USDC, to power daily digital transactions. (PR Newswire)
Vina Capital Ventures Announces Investment in Web3 Data Analysis Company M3TA
Vina Capital Ventures, a Vietnamese technology investment platform, announced to invest in M3TA, a Web3 data analysis company. The details of the investment have not yet been disclosed. M3TA mainly helps Web3 companies truly understand users. At present, its product applications mainly involve the blockchain game industry. It can improve game player experience through personalized and predictive learning, and solve the problems of underutilization of assets and player loss.
Subsequent M3TA plans to further expand the application scope and expand to real estate, wealth (digital asset) management, sports and entertainment industries. (Technode)
