One-week financing express | 42 projects have been invested; the total disclosed financing is about 960 million US dollars (9.5-9.11)
According to Odaily's incomplete statistics, a total of 42 domestic and overseas blockchain financing incidents were announced in the week from September 5th to September 11th, a certain increase from the previous week; There has been a substantial increase.
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):
Sui development team Mysten Labs completes $300 million in financing led by FTX Ventures
On September 8, Mysten Labs, the development team of the public chain Sui, completed a financing of US$300 million, led by FTX Ventures, a16z Crypto, Jump Crypto, A&T Capital, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, Circle Ventures, Lightspeed Venture Partners and Bixin Ventures and others participated in the investment.
Mysten CEO Evan Cheng said the cash infusion will help the company build out its Sui blockchain, hire more staff and expand into the Asia-Pacific region. (Wall Street Journal)
Animoca Brands completes US$110 million in financing, with participation from Temasek, Boyu and GGV
On September 8, game software venture capital firm Animoca Brands confirmed on Thursday that it has received $110 million in financing, with participation from Temasek, Boyu Capital and GGV Capital. Animoca said it will use the new capital to continue funding strategic acquisitions, investments and product development, license popular intellectual property, and advance "open virtual worlds," including through efforts to facilitate digital property rights for online users.
The latest $100 million financing brings Animoca Brands' total funding to date to more than $600 million. Its subsidiary, The Sandbox, also recently raised $93 million each. (The Block)
Open source password manager Bitwarden raises $100 million led by PSG
On September 6, Bitwarden, an open source password manager, announced the completion of $100 million in financing, led by PSG and participated by Battery Ventures.
It is reported that Bitwarden aims to make it easier for people to automatically generate secure passwords and store all their unique passwords and sensitive information in a secure digital vault, thereby avoiding the reuse of the same insecure password. The biggest difference between Bitwarden and other products is that it is built on an open source code base, and the inner workings of the platform can be fully inspected by highly security-conscious individuals and enterprises. (Techcrunch)
Fuel Labs completes $80 million in financing led by Blockchain Capital and others
On September 7, Fuel Labs announced the completion of $80 million in financing, led by Blockchain Capital and Stratos Technologies, with participation from Alameda Research, CoinFund, Bain Capital Crypto, TRGC, Maven 11 Capital, Blockwall, Spartan, Dialectic, and ZMT.
It is reported that Fuel Labs is a start-up company aimed at accelerating encrypted transactions, hoping to provide developers in the blockchain field with the best experience through its "modular execution layer (MEL)".
web3 energy company Tesseract completes $78 million financing led by Balderton
On September 7, Tesseract announced the completion of financing of US$78 million, with a valuation of US$150 million. Investors include venture capital institutions Balderton, Lakestar, Accel, Low Carbon, Ribit Capital, Box Group and former Formula 1 driver Nico Rosberg. Tesseract is a web3 startup aiming to tokenize energy businesses.
Digital music media company 3tone Music Group completes $50 million financing
On September 7, according to Lifesly, 3tone Music Group, a digital music media company headquartered in Bristol, UK, announced the completion of a new round of financing of US$50 million, with participation from Carlton James Group. The company said they will use the latest funding to further expand their distribution platform while strengthening the company's position in the "Web3 and media market". (Lifesly)
On September 6, Varjo, an enterprise-level Metaverse software and hardware service provider, announced the completion of a $40 million Series D round of financing, EQT Ventures, Atomico, Volvo Car Technology Fund, Lifeline Ventures, Finnish government venture capital and private equity fund Tesi, Swiss Finance and Banking Industry giants Mirabaud and Foxconn participated in the investment.
Varjo CEO Timo Toikkanen revealed that Foxconn is currently helping to manufacture its equipment. Varjo builds hardware and integrated software for professional-grade virtual and augmented reality for industrial and other enterprise applications, and earlier this year launched Varjo Reality Cloud, a software application and tools platform, whose customers include Lockheed Martin, Boeing, Aston Martin, Kia Fortune 100 companies.
On September 6, 21.co, the parent company of 21Shares and an encrypted investment product company, announced the completion of financing of US$25 million at a valuation of US$2 billion. This round of financing was led by Marshall Wace, Collab+Currency, QuietVentures, ETFS Capital and Valor Equity Partners Wait to vote. After this round of financing, 21.co has become the largest crypto unicorn in Switzerland.
21.co said it will continue to drive rapid, targeted growth through first-in-class products, key market expansion and strategic talent acquisitions. 21Shares, a subsidiary of 21.co, is currently the world's largest encrypted ETP issuer, using its proprietary platform Onyx to issue and operate encrypted ETPs for companies and third parties. (Channel News Asia)
On September 9, San Francisco-based game company Revolving Games announced on Friday that it has completed two rounds of seed round financing totaling $25 million.
Among them, Pantera Capital, Animoca Brands, Polygon and Rockstar Games co-founder Dan Houser invested more than $13.2 million. Earlier this year, the company also raised $12 million in funding from Dapper Labs, Permanens Capital Partners, Kenetic, Sarmayacar, and DWeb3 Capital.
The financing will be used over the next two years to expand existing endorsed franchises, as well as develop original IP and AAA titles. (BlockWorks)
Spice AI Closes $13.5M Seed Round Led by Madrona
On September 8, SpiceAI, a provider of Web3 data warehouse infrastructure, announced the completion of a $13.5 million seed round of financing, led by Madrona, Blackbird Ventures, Basis Set Ventures and Founders' Co-op, and former GitHub CEO Nat Friedman, current GitHub CEO Thomas Dohmke and Microsoft Azure CTO Mark Russinovich participated in the round.
It is reported that Spice AI is building a basic platform for Web3, so that developers do not need to build their own infrastructure and deal with complex and expensive data engineering. SpiceAI can index data on mainstream blockchains such as Bitcoin, Ethereum, and Solana. This data is then stored and distributed on the platform and made accessible to customers.
On September 8, sports racing game company Gameplay Galaxy completed a US$12.8 million seed round of financing, led by Blockchain Capital, with participation from Merit Circle, Com2uS, Mysten Labs, Solana Ventures, Yield Guild Games and Hustle Fund.
The financing aims to expand the lineup of decentralized competitive games where players can purchase game assets as NFTs and earn money by winning racing games.
On September 8, DApps service provider Slide completed a $12.3 million seed round of financing, co-led by Polychain Capital and Framework Ventures, with participation from Coinbase Venture Capital, USDC issuer Circle, and investment institution Outlander Ventures. Additionally, individual investors include former Coinbase CTO Balaji Srinivasan, Dragonfly Capital partner Ani Pai, and Polymarket CEO Shayne Coplan. This financing will be used to continue to expand the Slide team and provide high-quality solutions for DApps. (CoinDesk)
Omni Completes $11M Financing at $50M Valuation, Spartan Group Participates
On September 8, Web3 wallet Omni announced that it completed an equity financing of US$11 million at a valuation of US$50 million in May this year. This round of financing was led by Spartan Group, GSR Markets, Eden Block, OP Crypto, Shima Capital, Kosmos Ventures, Daedalus Angels , PrimeBlock Ventures, Figment Capital, Lattice Capital and Chorus One participated.
Omni founder Serafin Lion Engel said the funding agreement included an equity deal with a token side letter in case Omni plans to release its own token. Omni was previously called Steakwallet. The wallet has a built-in liquidity staking function and also supports users to transfer tokens through cross-chain bridges. Additionally, Omni plans to support zkSync and StarkNet in the future.
B+J Studios Completes $10 Million Financing, Brevan Howard Digital and Others Participate
On September 9, B+J Studios, a blockchain solution studio, announced the completion of a US$10 million Series A round of financing, with participation from Brevan Howard Digital, Big Brain Holdings, Foundation Capital, Starting Line, and Republic Capital.
It is reported that B+J Studios’ first NFT super application, Cupcake, is built on Solana, aiming to simplify the complex technical limitations and lengthy setup process when acquiring NFT for the first time, and to exempt users from Gas fees. (PRNewswire)
Web3 Sports Platform HotStreak Completes $9 Million Series A Funding Led by Polychain Capital
On September 8, the Web3 sports betting platform HotStreak completed its Series A financing of US$9 million, led by Polychain Capital. Other specific financing information has not yet been disclosed.
NFT infrastructure Niftify raises $7.86 million at a $40 million valuation
On September 6, NFT infrastructure Niftify completed a seed round of financing of US$7.86 million, with a valuation of US$40 million in this round of financing, led by Moonchain Capital and Audacia Capital.
Niftify launches NFT tools and marketplace. Its NFT marketplace allows users to mint, buy, sell and exchange NFTs, enabling creators, collectors, traders, gamers, businesses and NFT enthusiasts to test and explore new markets. The product also provides users with a no-code NFT store and marketplace platform builder, allowing anyone to launch NFT-compliant stores and marketplaces within their domain. (globenewswire)
On September 8, ITSBLOC, a Web3 game platform based on the Polygon blockchain, announced the completion of financing of 7.5 million US dollars. Eight institutions including Vista Labs, Nexus one, Edimus Capital, Atlas Capital, and Bull&Bear participated in the investment.
ITSBLOC mainly uses its platform operation advantages and blockchain technology to help games build and activate P2E functions and services such as wallets, Swap, and DEX. Currently, it has established partnerships with Web3 games and platforms such as Metarun, Kyberdyne, Firework Games, Gamers, and X-rush. Partnerships.
On September 8, Hanhou Technology recently completed the A+ round of financing of 50 million yuan (about 7.23 million US dollars), and has not yet disclosed the investment institution. It is reported that its post-financing valuation reached 5 billion yuan. This round of financing is mainly used for the continuous R&D investment of Hanhou Technology Hanhou Chain, providing technical support for more industries, and creating credible, efficient, and data-flowable technical solutions for cooperative customers.
Founded in 2018, Hanhou Technology is a service-oriented innovative high-tech enterprise. Relying on the advanced technology and R&D strength accumulated in the fields of blockchain, artificial intelligence, cloud computing, digital twins, self-developed algorithms and big data, the company has built Hanhou Chain.
On September 6, Dust Labs, a provider of Solana NFT project management tools, announced the completion of a $7 million seed round of financing, Chapter One, Foundation Capital, Magic Eden, Hello Moon, Big Brain Holdings, Unlock Venture Partners, Metaplex, FTX Ventures, Jump Capital , Jupiter, Hyperspace, Solana Ventures, Mysten Labs, and Cymbal participated in the investment.
Winechain.co, an NFT fine wine platform, completed a financing of 6 million euros
On September 7, Winechain.co, an NFT fine wine platform, announced the completion of a new round of financing of approximately 6 million euros (approximately US$5.94 million). , and Moueix (Videlot) and Perrin (Château de Beaucastel / MIRAVAL) families and other family institutions in the wine field participated in the investment. The new funds will promote the platform to accelerate the use of NFT to connect high-quality wine estates with a new generation of wine lovers around the world. (Wine Industry Advisor)
Derivatives protocol Forward completes $5 million seed round led by Primestreet Capital
On September 11, Forward, a decentralized derivatives trading protocol, completed a $5 million seed round of financing, led by Primestreet Capital, with participation from Kasikornbank Venture Capital, Bank of Ayudhya Venture Capital, Ratanakorn Technology Group, GBV Capital, and Varys Capital. . (The Block)
Hubble Protocol completes strategic financing of US$5 million, led by Multicoin Capital
On September 8, Hubble Protocol, a Solana-based stablecoin lending platform, completed a strategic financing of US$5 million, led by Multicoin Capital, DeFiance Capital, Delphi Digital, Digital Currency Group, Crypto.com Capital, ParaFi, Jump Capital, Decentral Park Capital, Participation from CMS, Spartan Group, DeFi Alliance, and Mechanism Capital, among others, brings the protocol’s total funding to date to $15 million.
The financing will be used to advance its roadmap, including improving the current platform and advancing the usage of its stablecoin USDH by launching new DeFi services and products. (The Block)
Odaily News Encrypted regulatory technology company VerifyVASP completed a US$5 million Series A financing at a valuation of US$100 million, led by FTX Ventures, with participation from Peak Capital and Bcharu.
It is reported that VerifyVASP was established in 2019 and is headquartered in Singapore. The company provides a member-only closed network that facilitates secure data transmission between members to comply with regulatory rules. According to its website, its members include Bybit, Deribit, Crypto.com, FTX, FTX.US, and Huobi. (The Block)
Mailchain completes $4.6 million in seed round financing led by Crane Venture Partners and others
On September 8th, Mailchain, a London-based multi-wallet Web3 email platform provider, announced the completion of a $4.6 million seed round of financing, led by Crane Venture Partners and Kenetic Capital, Kestrel0x1, Acequia Capital, Eterna Blockchain Fund, Maex Ament (Centrifuge Founder), Charles Songhurst (former head of corporate strategy at Microsoft), Sarah Drinkwater and Nick Ducoff (Web3 educator) participated.
It is reported that Mailchain has created a Web3 inbox for users, supporting all blockchain projects, trading platforms and DAOs.
On September 5, the African chain game association Metaverse Magna (MVM) announced the completion of a $3.2 million seed round of token sale financing. Wemade, Tess Ventures, HashKey, LD Capital, Taureon, Gumi Cryptos Capital, AFF, Polygon Studios, Casper Johansen ( Spartan) and IndiGG participated in the investment. Venture capital firm Nestcoin and multi-strategic blockchain investment fund Old Fashion Research (OFR) will cooperate to incubate MVM.
It is reported that since its launch in December 2021, MVM's products and community members have exceeded 100,000. MVM is developing Hyper, a social gaming application. (Mpost)
On September 8, exchange art, the Solana ecological digital art market, announced the completion of a US$3.2 million seed round of financing, with participation from bigbrainvc, cultur3capital, LayerOneVC, HGESOL, degenHFP, baalazamon, CozomoMedici, DontsellyourSOL and others.
Exchange art stated that this round of financing will be used for product development, user base growth and support activities for creators to further connect traditional art and digital art.
On September 8, Magpie Protocol, a decentralized liquidity aggregation protocol, completed a $3 million seed round of financing. Jump Crypto, ArkStream Capital, Sandeep Nailwal, GSR Markets, Parafi Capital, Republic Capital, Big Brain Holdings, Serafund, Faculty Group, MH Ventures, D1 Ventures, Apollo Capital and others participated in the investment.
It is reported that Magpie Protocol is a decentralized liquidity aggregation protocol for cross-chain exchange, which aims to provide the best transaction for any asset across blockchains without directly bridging assets.
On September 9, Stack, an encryption application for young users of Generation Z, announced the completion of a new round of financing of US$2.7 million. Madrona, The Venture Collective, Santa Clara Ventures, and several angels and executives in the financial field participated in the investment. Stack allows young users to access UTMA (Uniform Transfer of Minors Act), and in order to provide legal encrypted access, assets will be transferred directly to the names of these teenage users when they reach legal age in the future.
On September 9, Rated Labs, a Web3 infrastructure project, announced the completion of a US$2.5 million seed round of financing. 1confirmation, Semantic, and Placeholder participated in this round of financing. Founded in April 2022 by Elias Simos and Aris Koliopoulos, Rated Labs provides granular data analytics on validators and node operators.
Currently, Rated v0 provides a web browser service for Ethereum beacon chain validators, and will add more feature sets before the merger. In addition, DeFi insurance protocol Nexus Mutual is its client.
DeFi lending protocol Sentiment completes $2.4 million in financing led by Archetype Ventures
On September 10, DeFi lending agreement Sentiment announced the completion of a $2.4 million seed round of financing led by Archetype Ventures, Castle Island Ventures, Matrixport Ventures, DCF God, Grug Capital, Witherblock, Caballeros Capital, Yunt Capital, Shine Capital, 0x Ventures, Kepler & Atvanguard (Hubble Exchange), Andra Nicolau, Connor Lin and others participated in the investment.
It is reported that Sentiment allows borrowers to create leveraged debt positions against their assets, which can be used to interact with other applications throughout the ecosystem. Lenders provide liquidity to the protocol.
KNN3 Network completes USD 2.4 million in seed round financing, led by HashGlobal and others
On September 9, KNN3 Network, a Web3 relationship aggregation website, announced the completion of a US$2.4 million seed round of financing, led by HashGlobal and former co-founder of Fosun International (Fosun International) Liang Xinjun, Mask Network, MetaWeb Venture, Eniac Venture, Tess Venture, Stratified Capital , Fundamental lab, Incuba Alpha, Zeuth Venture, Cogitent Venture, Atlas Capital, etc. participated in the investment. KNN3 Network will use financing funds for protocol development and product-market matching. (Bitcoin.com)
On September 8, ULTRADE, a multi-chain DeFi-as-a-service infrastructure startup, announced the completion of a $2.4 million seed round of financing, which was participated by the Algorand Foundation. ULTRADE has launched a testnet on the Algorand blockchain in late June this year. At present, the company is developing a comprehensive DeFi experience comparable to CEX and maintaining the non-custodial principle of DeFi, helping users start their own DeFi trading solutions without writing any code.
Web3 Automation Solution Doxy Chain Completes 2.2 Million Euro Seed Funding Led by Level2 Ventures
On September 6, DoxyChain, a Web3 automation solution, completed a seed round of financing of 2.2 million euros (about 2.18 million U.S. dollars), led by Level2 Ventures, and participated by CVVC, Polish Satus Starter and Müller Medien.
It is reported that DoxyChain is a solution built for the transition from traditional document management to the Web 3.0 world.
On September 9, Nigerian blockchain payment startup Bitmama completed a $2 million Pre-Seed round of financing, led by Unicorn Growth Capital and Launch Africa, Adaverse, Flori Ventures, Tekedia Capital, GreenHouse Capital, ODBA, Five35 Ventures, Chrysalis Capital , Enrich Africa, Thrive Africa, Angellist Ventures, Rene Reinsberg, Marek Olszewski, Honey Ogundeyi, etc. participated in the investment.
Funds from this round of financing will be used to strengthen the team, consolidate product offerings, and expand market size in Africa, while expanding new use cases for cryptocurrencies in Africa. (TechCrunch)
Odaily news Web3 privacy data application Usko Privacy announced the completion of financing of 1.8 million US dollars, Pareto Holdings, Ocean Azul Partners, Miami Angels and other venture capital firms and a group of angel investors participated in the investment.
It is reported that Usko's application provides a set of analysis tools, the goal is to allow users to control their personal data and cooperate with brands by choosing their favorite brands, while allowing users to choose to receive different types of cryptocurrencies in exchange for advertising on their own terms. Merchants share purchase information to achieve profitability. Currently, the Usko app is still in private beta, and the company hopes to officially release it by the end of 2022.
On September 8, Autify, a blockchain e-commerce start-up company, announced the completion of a US$1.5 million pre-seed round of financing, led by Loop Ventures. The information of the participating investors has not yet been disclosed.
Founded in 2021, Autify mainly provides blockchain-based products and services for the e-commerce industry, such as decentralized insurance, decentralized reward or loyalty programs, cross-border payments and DeFi, etc. Funding to recruit blockchain, AI and computer vision engineers and release beta products aims to bring greater transparency to the e-commerce and supply chain space.
On September 5, Reveel, the Web3 revenue-sharing protocol, announced the completion of a pre-seed round of USD 1.3 million, with participation from Binance Labs and Moment Ventures. This round of financing will be used for employee expansion and product development. (Business Insider)
On September 7, Smobler Studios, a metaverse architecture start-up company, announced the completion of a $1.2 million seed round of financing, with participation from The Sandbox, accelerator and venture capital fund Brinc, and Web3 financing platform Enjinstarter. Smobler Studios promises to cooperate with The Sandbox to help brands and service providers conduct payment transactions more conveniently in the Metaverse world. (Baker City Herald)
Web3 human resources platform Teamway completes 1 million euros in financing, led by CMT Digital
On September 5, Teamway, a Web3 human resources platform, announced the completion of a seed round of 1 million euros (approximately $990,000), led by CMT Digital, with participation from Invested, Web3 angel investor Jeffrey Haas, and Dreamcraft Ventures.
It is reported that Teamway was founded by Søren Nørgaard and Kristian Kongsted at the end of 2020. Teamway plans to launch the TMW token this fall, allowing community members to earn rewards for completing remote work tasks. (Arctic startup)
The game metaverse project MT Tower completed a strategic round of financing of 400,000 US dollars
On September 9, MT Tower, an emerging lifestyle and game metaverse project, announced the completion of a US$400,000 strategic round of financing. The investor information has not yet been disclosed. In addition, MT Tower will conduct a seed round of financing through the sale of the native token MT Coin starting September 9th for a period of 7 days with a soft cap of $50 million.
MT Tower hopes to change the traditional model of social media and content sharing by using its custom tools to expand the way users interact with other people, influencers and brands in the virtual world. (Globenewswire)
On September 6, Web3 incubator PANONY completed its A-round financing at a valuation of US$100 million. The financing amount was undisclosed, and NGC Ventures and others participated in the investment. The financing was used to expand into other jurisdictions, launch new service offerings and expand its network capabilities. CEO Tsai identified NFTs, DAOs, and DeFi as promising innovations. (Cointelegraph)
Hooked Protocol Completes Seed Round Financing, Leading by Binance Labs and Sequoia Seed Fund
On September 9, Binance announced that Web3 social network Hooked Protocol had completed its seed round of financing, with an undisclosed amount, led by Binance Labs and Sequoia Seed Fund. Hooked Protocol will use the financing to accelerate hiring, research and development, and other early-stage work.
It is reported that Hooked Protocol aims to build a community-driven social network with token economics design, and users can get a gamified experience. The team is currently integrating wallets and DIDs. Hooked Protocol will first be launched on the BNB Chain, and will be expanded to other Layer1 blockchains in the future.
