One-week financing express | 33 projects have been invested; the total disclosed financing is about 230 million US dollars (8.15-8.21)
According to Odaily’s incomplete statistics, a total of 33 domestic and overseas blockchain financing incidents were announced in the week from August 15th to August 21st, a decrease from the previous week; There has been a substantial decline.
The main reason for the decline in the total amount of financing is that there have been no financing events at the level of hundreds of millions of dollars in the past week. However, in the past week, many projects have received tens of millions of dollars in financing. Among them, the most noteworthy projects are the stable currency cross-chain product Meson ($30 million); the NFT fragmentation protocol Tesser ($20 million) and the Web3 identity protocol .bit ($13 million).
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):
Odaily news Meson, a stablecoin cross-chain product, announced the completion of nearly 30 million yuan in Series A financing, led by GSRV, and BAI Capital, Plug and Play, Mirana Ventures, M77 Ventures, SNZ, A&T Capital, Smrti Lab, etc. also participated in this round of financing. The financing will be used for user growth and ecological cooperation of the stable currency cross-chain product Meson.
Meson adopts an improved technical solution based on HTLC and atomic swap. Compared with the traditional cross-chain bridge, the transaction confirmation speed is faster, the handling fee is lower, there is no transaction slippage loss, and the security is stronger. Meson already supports cross-chain interoperability of USDT and USDC on Ethereum, BNB Chain, Polygon, Evmos, Arbitrum, Optimism, Aurora, Conflux eSpace, Avalanche, Fantom, Tron, Harmony, Moonriver, and Moonbeam, and plans to continue more non-EVM Public chain and Layer 2 network.
Blockchain payment platform Koibanx completes $22 million in Series A financing led by Algorand
Odaily News According to an official announcement, Latin American asset tokenization and blockchain payment platform Koibanx completed a $22 million Series A financing, led by Algorand, with participation from Borderless Capital, Kalonia Venture Partners, G2, and Innogen Capital. The financing will be used to provide blockchain infrastructure to establish payment channels for financial institutions expanding operations in Central America. In addition, the company plans to launch a beta version of its low-code platform in December, allowing developers to create financial products on the blockchain, with the goal of attracting 10,000 developers by the end of 2023.
Odaily news chain game player psychological AI analysis startup Solsten announced the completion of $ 21.8 million in Series B financing, led by Konvoy, Inventure, GFR Fund, Sisu Game Ventures and University of Wisconsin-Madison alumni fund Bascom Ventures, as well as Galaxy Interactive, Dentsu Ventures and Blockchain private equity investment institution Warburg Serres participated in the investment.
Solsten mainly helps game development companies create more vivid and attractive digital experiences by analyzing player psychology. Its clients include blockchain game Axie Infinity developer Sky Mavis, chain game studio Mythical Games, and Super Evil Megacorp, Starbreeze , Tilting Point and Wooga etc. (Business Insider)
Odaily News Fractional, an NFT fragmentation protocol, announced that it has changed its name to Tesser and completed a $20 million Series A round of financing, led by Paradigm, with participation from Uniswap Labs Ventures, Focus Labs, eGirl Capital, and Yunt Capital.
With the imminent launch of the V2 protocol, the newly rebranded Tessera will provide users with an NFT representing their ownership share of the more valuable NFT they purchased.
Tessera plans to start rolling out its v2 platform, with a focus on Ethereum NFT project Nonnons, ahead of a broader protocol launch around October. Tessera will also explore potential second-layer scaling solutions to reduce transaction fees. (Decrypt)
Odaily news Web3 universal API platform Phyllo announced the completion of US $ 15 million in Series A financing, this round of financing was led by RTPGlobal, Nexus Venture Partners, Better Capital, iSeed, and Sima Gandhi, former business development and strategy director of Plaid, and Nakul Gupta, chief product manager of Coinbase Wait for angel investors to participate. Funding from this round will be used to accelerate product development, expand the customer base, and grow the Phyllo developer-first API platform.
Phyllo builds APIs to securely and easily access creator data directly from YouTube, Twitch, Discord, Spotify, TikTok, and more. Companies building tools, products, and services for the creator economy and Web3 can leverage Phyllo's API to authenticate any Creator identity, income, and engagement data. (Einnews)
Odaily News A few days ago, FOMO Pay, an encrypted financial technology company headquartered in Singapore, announced the completion of US$13 million in Series A financing. This round of financing was led by JumpCrypto, and HashKey Capital, Antalpha Ventures, AbInitio Capital and Republic Capital participated in the investment.
FOMO Pay's vision is to become a leading global banking service provider in the fast digital economy, supporting digital payment services including cryptocurrencies, and working closely with regulators offering Central Bank Digital Currency (CBDC) projects. (Business times)
Odaily News Web3 Identity Protocol .bit completed US$13 million in Series A financing, with participation from CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital and SNZ. Funds raised will be used to build a cross-chain identity protocol.
Up to now, more than 38,000 independent addresses have registered more than 110,000 .bit accounts, and nearly 100 wallets and DApps have integrated .bit. The previous brand name of .bit was DAS.
.bit said that in the future, NameDAO will be launched to improve the cultural diversity in Web3, and will provide part of the protocol income, and will also launch functions such as sub-accounts.
Copperpod Digital, a Web3 technology service company, completes $10 million in financing
Odaily News Copperpod Digital Inc., the parent company of Web3 technology service company Metamaxx.io, announced the completion of financing of US$10 million, and KFC Ventures, a venture capital arm of Nityo Group, participated in the investment.
This round of financing will accelerate Copperpod Digital Inc.'s Web3.0 innovation program and digital product engineering development, and provide enterprise customers with technology infrastructure, tools and frameworks, while expanding its digital workforce to serve more customers. (News Patrolling)
Odaily News Web3 digital entertainment company Rusk Media recently announced the completion of US$9.5 million in Series A financing, led by Korean venture capital firms DAOL Investment and Audacity Ventures, with participation from InfoEdge Ventures (IEV), Mistry Ventures and Survam Partners. So far, the company has raised a total of $12 million in financing.
Rusk, which connects with consumers through innovative social games, said it will use the funding to expand the monetization layer of intellectual property (IP) into the Web3 market, with partners including KFC, Mondelez International and others. Rusk Media recently partnered with NODWIN Gaming to launch Playground, one of its latest gaming entertainment IPs. (Nftgators)
DeFi infrastructure Primitive completes $9 million in Series A financing, led by Bain Capital Crypto
Odaily News Decentralized Finance (DeFi) infrastructure and product developer Primitive announced the completion of $9 million in Series A financing, led by Bain Capital Crypto. 1Confirmation, Nascent and Robot Ventures participated.
It is reported that Primitive was founded by Alexander Angel in 2020 and is committed to creating innovative products focused on automatic market makers (AMM). (The Block)
Odaily News Encrypted asset management platform Rocketplace announced the completion of a $9 million seed round of financing, led by Launchpad Capital, with participation from TTV, Accomplice, Menlo Ventures and Soma Capital.
Rocketplace aims to build a distribution platform for encrypted asset management products. Users can purchase investment products such as encrypted funds on the platform and obtain compliance and tax protection. (Techcrunch)
Web3 digital health startup Love Health closes $7.5 million in funding
Odaily News Web3 digital medical startup Love Health announced the completion of financing of US$7.5 million at a valuation of US$180 million.
According to the company's disclosure on LinkedIn, the team will launch the decentralized organization Love DAO and issue Love Token in December 2022, aiming to empower the community, fund medical trials to develop voting-based treatment solutions, and aim to integrate traditional medical Healthcare and Web3 innovation come together.
Odaily News MatchboxDAO, a chain game ecosystem based on Starkware, completed a financing of 7.5 million US dollars. Starkware, Geometry Research, ReadyPlayerDAO, Neon DAO, Road Capital, Formless Gamma and Bonfire Union participated in the investment. The financing will be used to develop MatchboxDAO's two core products: Matchbox Spark and Matchbox Studios. Matchbox Spark incubates game products on StarkNet, while Matchbox Studios is a set of development tools to accelerate game development on StarkNet. (Decrypt)
Odaily news One-stop open source self-custodial service provider Safeheron today announced the completion of $7 million Pre-A round of financing, this round was jointly led by Yunqi Partners and Web3Vision, PrimeBlock Ventures, Cobo Ventures, M77 Ventures, ShataCapital, Kryptos, Antalpha Ventures , Waterdrip Capital, 7 O'CLOCK CAPITAL and former Sequoia Capital China co-founder Zhang Fan participated in this financing.
At the same time, Safeheron and MetaMask formally reached a strategic cooperation to enter the field of enterprise-level MPC multi-signature security. MetaMask, which provides multi-factor authentication using its MPC technology, will first be integrated into the MetaMask Snaps system, enabling developers to extend the functionality of MetaMask for their decentralized applications. (Techinasia)
Cybersecurity firm DWallet Labs closes $5 million seed round led by DCG and Node Capital
Odaily News Network security company DWallet Labs announced the completion of a $5 million seed round of financing, co-led by Node Capital and Digital Currency Group (DCG).
Funds raised will be used to build services and solutions on the Odsy network, a decentralized access layer in development for wallet signing with a dynamic decentralized scheme. (The Block)
Odaily News NFT lending agreement Unlockd completed a $4.4 million seed round of financing, led by Blockchain Capital, with participation from Sfermion, Spartan Group and Play Ventures. Funds raised will be used for product and development, scaling across chains, conducting audits to ensure the security of the protocol.
It is reported that Unlockd will launch the UI of the testnet in September and launch on the mainnet in October. In the first phase of the release, the protocol will support more than 25 Ethereum-based NFT collections. (The Block)
Odaily News Recently, the game developer Regression Games announced that it has completed a seed round of financing of 4.2 million US dollars, which will be used for the development of artificial intelligence games and e-sports competitions. This round of financing was led by New Enterprise Associates (NEA), with participation from Andreesen Horowitz (a16z), BBQ Capital, and Roosh Ventures.
Gearbox Protocol completes $4.15 million DAO strategic financing
Odaily News Gearbox Protocol, a DeFi composable leverage agreement, has completed $4.15 million in DAO strategic financing. Placeholder, Zee Prime, LedgerPrime, Polymorphic, GCR, etc. participated in the investment, and the financing funds have entered the DAO treasury. In addition, Gearbox will launch V2 version soon.
It is reported that in July this year, Gearbox’s $5.5 million DAO strategic financing proposal was approved with a support rate of 99.49%. Some investors who committed to invest did not invest for some reason.
Odaily news GitPOAP, a protocol that records contributions on the GitHub chain, announced the completion of $4 million in financing, led by Inflection.xyz and Libertus Capital, with participation from Avalanche VC, Protocol Labs, POAP itself, and former Coinbase CTO Balaji Srinivasan.
GitPOAP operates by issuing NFT-based POAP badges to indicate meaningful contributions to GitHub projects and incentivize work on projects that might otherwise be overlooked.
W3 Storage Lab Closes $3M Funding Led by Draper Dragon and OKX Blockdream Ventures
According to official news from Odaily, W3 Storage Lab, a Web3 decentralized application company, announced the completion of a $3 million Pre-Seed round of financing, led by Draper Dragon and OKX Blockdream Ventures, with participation from Lingfeng Capital and others. Funds from this round of financing will be used to grow its global team and business.
Odaily News According to official news, Solana-based lending aggregator Everlend announced the completion of a US$2.6 million strategic round of financing, GSR, Serum Foundation, Everstake Capital, Portico VC and several angel investors participated in the investment.
Funds from this round of financing will be primarily used to facilitate product development and overall growth. Additionally, a portion of the funds will be earmarked for the Safety Fund, an insurance pool that will insure Everlend users in the event of a default or hack in the base currency market.
It is reported that Everlend was launched on the mainnet in early May and currently supports 10 assets and 3 currency markets. Everlend plans to gradually transform into a community-led DAO in the future.
Odaily News AbbeyCross, a currency infrastructure B2B transaction and compliance market, completed a seed round of financing of US$2.47 million, led by Third Prime, with Communitas Capital and 11 strategic angel investors participating.
It is reported that AbbeyCross mainly cooperates with global banks, money suppliers and other financial service providers, aiming to eliminate the inefficiency of the money market and bring deeper money liquidity, price transparency and market data. (Einnews)
Web3 social platform Blockify completes $2.2 million in seed round financing
Odaily News Web3 social platform Blockify announced the completion of a $2.2 million seed round of financing, the investor information has not yet been disclosed. The core functions of its products include Web3 social interaction, user tracking, and investment portfolio management.
It is reported that Blockify plans to launch a Web3 advertising platform in the second quarter of next year, aiming to connect brands and consumers through encrypted rewards. (Cryptoglobe)
BovineVerse, a metaverse chain game and sports betting platform, announced the completion of a $1.94 million private placement round, with participation from Zero VC, 7 O'clock Capital, Monday Capital, Block Pulse, Bkex Labs, and MG Capital. This round of financing will be mainly used for product and technology development, team recruitment, community and market expansion, etc.
DAM Finance completes US$1.8 million in pre-seed financing, led by DFG and Jsquare
Odaily news dPRIME Asset Modules Finance (DAM Finance or DAM) announced the completion of US $ 1.8 million in Pre seed round financing, led by Digital Finance Group (DFG) and Jsquare, Arrington Capital, Ledgerprime, D1 Ventures, 11-11 Capital, Stacker Ventures and other participants cast. (DailyHodl)
Blockchain game developer Murasaki completes 1.5 million euro financing led by Incubate Fund
According to official news from Odaily, Murasaki, a blockchain game development company, completed a seed round of financing of 1.5 million euros (approximately 1.53 million U.S. dollars), led by Japanese venture capital firm Incubate Fund, and participated by Skyland Ventures and Mint Ventures.
It is reported that Murasaki is developing the NFT game Cyberstella, which will be officially released in early 2023. The Beta test version will be released by the end of 2022, after which NFT and official tokens will be launched.
Odaily News It is reported that Dimension X, a metaverse content tool development company in the United States, announced that it has completed a pre-seed round of financing of US$600,000, and Startup Ignition Ventures (SIV) participated in the investment. Dimension X is developing a platform designed to simplify the process for creators and storytellers to build immersive experiences for physical and virtual worlds. Developers with coding and modeling experience can more easily extend content narratives. (Techbuzz)
Carbon Stack, a blockchain carbon emission start-up, completes a seed round of 500,000 euros
Odaily News Carbon Stack, a blockchain carbon emission start-up company, announced the completion of a seed round of 500,000 euros (about 500,000 U.S. dollars). The company uses blockchain technology to build a highly transparent afforestation plan to offset carbon emissions. Each carbon offset plan is recorded on the chain to prevent falsification of "greenwashing" data. (Hamburg News)
Odaily News Web3 creator monetization platform ReDesyn has completed $500,000 in financing, with participation from Fluid Ventures, Capriglobal, Modular Capital, Anthill Ventures, Anthill Ventures, Siliconroad VC, Paipal Ventures, Primesec, Chanakya VC, and Sarcha Advisors.
Metaverse startup SodaWorld receives investment from Swiss venture capital CV VC
Odaily News SodaWorld, a South African metaverse start-up company, announced that it has received investment from Swiss venture capital company CV VC. The specific amount has not been disclosed yet. CV VC is headquartered in Switzerland and focuses on investing in early-stage startups in the blockchain industry.
It is understood that SodaWorld will provide support for the live broadcast of the metaverse virtual world of the 2022 Venice Immersive Music Festival and the Soda Studios music event in Johannesburg. (Techinafrica)
Odaily news Music NFT platform MetaBeat announced the completion of a strategic round of financing, Neo Global Capital Ventures, AC Capital, KuCoin Labs, BCi, Finngram, NexusOne, Alchemic Investments, Alphanonce and DigiFinex participated in the investment. This financing will promote MetaBeat to expand its global partner network, and further promote the technology development and global influence in the field of Web3.0.
Animoca Brands Subsidiary Monkey Games Receives Funding from Gaming Giant Epic Games
Australian independent game developer Monkey Games, a subsidiary of Animoca Brands, has received financial support from video game giant Epic Games to develop a new blockchain-based racing game, Torque Drift 2.
It is reported that Monkey Games received funding from Epic Games' Epic MegaGrant. (Cointelegraph)
Odaily News The game development company Spire Animation Studios announced that it has received an investment from Singapore’s national investment company Temasek and Ericsenz, aiming to develop game engine tools and create a metaverse experience. The financing amount has not been disclosed. The company’s total financing so far has exceeded $40 million , the last round of financing was led by Epic Games.
Spire Animation Studios plans to create an immersive virtual world designed for interactive platforms, while also utilizing the Epic Games engine to produce high-quality animated feature films with metaverse potential that fans can participate in. (Venture Beat)
