Bi-weekly financing express | 69 projects have been invested; the total disclosed financing is about 460 million US dollars (1.16-1.30)
According to Odaily’s incomplete statistics, a total of 69 blockchain financing events at home and abroad were announced in the two weeks from January 16th to January 30th; on average, compared with the financing events from January 9th to January 15th, there are 69 Increase; total disclosed financing is approximately $460 million.
In the past two weeks, there have been no financing events at the level of hundreds of millions of dollars. But there is also no shortage of large-scale financing projects, such as blockchain development platform QuickNode ($60 million), sports NFT company Candy Digital ($38.45 million), and Web3 social platform Plai Labs ($32 million).
The following are specific financing events (Note: 1. Ranked according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
The following are specific financing events (Note: 1. Ranked according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
QuickNode Closes $60M Series B Funding Round at $800M Valuation, Led by 10 T Holdings, LLC
On January 24, the blockchain development platform QuickNode announced the completion of a US$60 million Series B financing at a valuation of US$800 million. 10 T Holdings, LLC led the investment, and Tiger Global, 776, Protocol Labs and QED participated in the investment.
The new funds will be used to accelerate the company's global expansion and further empower builders to lay the foundation for a decentralized, globally connected future and simplify the Web2 to Web3 transition. (Cointelegraph)
Sports NFT company Candy Digital has raised approximately $38.45 million in an equity offering
On January 20, SEC filings showed that sports NFT company Candy Digital had raised $38,449,997 from 14 investors through an equity offering, accounting for approximately 56% of the total offering. The distribution began on January 3.
It is reported that Candy Digital is an NFT startup under the sports goods giant Fanatics. Because the SEC filing fails to mention other information about the financing, it is unclear whether the financing amount represents all or part of the Fanatics equity sale.
It is reported that in early January, CNBC reported that the global digital sports platform Fanatics is selling its 60% stake in the digital collection company Candy Digital to Galaxy Digital, and the specific terms of the transaction have not been disclosed. Later, Candy Digital announced the completion of the A1 round of financing, led by Galaxy and ConsenSys Mesh, and participated by 10 T Holdings and ConsenSys. The specific financing terms have not yet been disclosed. (CoinDesk)
Web3 social platform Plai Labs completes $32 million seed round financing led by a16z
On January 20, Web3 social platform Plai Labs completed a $32 million seed round of financing led by a16z Games and a16z Crypto. Plai Labs aims to use this round of funding to expand its team, hiring developers to build a decentralized social platform that combines Web3 and artificial intelligence.
Aber Whitcomb, chief technology officer of Plai Labs, said that AI will play a vital role in its game Champion's Ascension, which will be combined with NFT.
It is reported that Plai Labs is led by several former executives of game studio Jam City and traditional social platform Myspace. Josh Brooks, Executive Vice President of Marketing and Operations at Plai Labs, is the former Senior Vice President of Corporate Marketing and Recruiting at Jam City. He also previously served as vice president of programming and music at Myspace. (CoinDesk)
Web3 Game Publisher Carry 1st Completes $27 Million Funding Led by BITKRAFT Ventures
Odaily News Web3 and social game publisher Carry 1 st has completed $27 million in financing, led by BITKRAFT Ventures, with participation from a16z, TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures and Konvoy.
Carry 1 st will use the funds to develop, license and publish new games and expand its monetization-as-a-service offering, Pay 1 st. (Techfunding news)
Web3 Ecosystem Fastex Raises $23M in Two Token Sale Rounds
On January 29, according to u.today, Fastex, a Web3 ecosystem supported by SoftConstruct, raised $23 million through two rounds of Token sales. Funding from this round of financing will help Fastex accelerate technology development to the next stage of its roadmap.
It is reported that the multi-product ecosystem of Fastex encryption services is supported by Fasttoken (FTN), including NFT market ftNFT, encrypted payment transfer tool Fastex Pay, game Yuanverse FastexVerse and spot trading platform Fastex Exchange. As of early 2023, more than 100 blockchain game providers have established partnerships with Fastex. (u.today)
On January 19, the Nil Foundation completed a financing of 22 million US dollars at the end of last year, and the valuation reached 220 million US dollars after the financing was completed. This round of financing was led by Polychain Capital, with participation from Blockchain Capital, Starkware, and Mina Protocol.
Founded in 2018, Nil is the developer of the Proof Market protocol, which enables Layer 1, Layer 2, protocols to generate zero-knowledge (ZK) proofs on demand. (the block)
ZK Proof Startup Ulvetanna Raises $15M Led by Bain Capital Crypto and Paradigm
On January 20, Ulvetanna, a zero-knowledge proof (ZKP) hardware company, completed a $15 million seed round at a valuation of $55 million, led by Bain Capital Crypto and Paradigm, and participated by Jump Crypto. The round of equity financing closed in June last year.
Ulvetanna is known to be building hardware designed to speed up the process of generating ZKPs, a cryptographic authentication method that proves specific information without revealing the content of said information. In the crypto space, this technology has historically been used as a scaling solution for blockchain networks, especially Ethereum. (The Block)
Web3 infrastructure provider Parfin closes $15M seed round led by Framework Ventures
On January 17, Web3 infrastructure provider Parfin completed a $15 million seed round of financing, led by Framework Ventures, with participation from Alexia Ventures, Valor Capital Group and L 4 Venture Builder, an investment fund of the Brazilian Stock Exchange. The investment of L 4 has yet to be confirmed.
Parfin is currently developing Parchain, an EVM-compatible permissioned public chain, that will enable regulated entities to participate in DeFi and asset tokenization. Parfin CEO Marcos Viriato said the company plans to launch a token for Parchain by the end of the second quarter or the third quarter of this year.
It is reported that Parfin was founded in 2019, initially as a company planning to develop a regulated stable currency, and has now developed into an infrastructure provider that provides digital asset custody, trading, tokenization and management tools for financial institutions in Latin America. (The Block)
DVT Provider Obol Labs Closes $12.5M Funding Round Led by Pantera and Archetype
On January 17, Obol Labs, a provider of decentralized validator technology (DVT), completed a $12.5 million financing round, co-led by Pantera and Archetype.
It is reported that Obol Labs aims to build DVT on Ethereum. Obol Labs has now raised a total of $19 million. (CoinDesk)
On January 18, Intella X, a Web3 game platform, announced the completion of $12 million in financing, with participation from Polygon, Animoca Brands, Magic Eden, Planetarium, Big Brain Holdings, Crit Ventures, JoyCity, Pearl Abyss, XL Games, Wemix and Global Coin Research .
Intella X is a Web3 gaming platform developed by South Korean game company Neowiz in cooperation with Polygon, aiming to remove high barriers to entry and improve user experience in Web3 through features such as simplified wallet creation and meta-transactions. The platform is scheduled to go live later in the first quarter, and the product launch will also include Intella X's proprietary Web3 wallet, DEX, NFT marketplace, Launchpad, and some games. (The Block)
Metaverse e-commerce Emperia completes $10 million Series A financing, led by Base 10 Partners
On January 26, Metaverse-as-a-Service (MaaS) platform Emperia announced the completion of US$10 million in Series A financing, led by Base 10 Partners, Sony Innovation Fund (Sony Innovation Fund), Stanford Capital Partners, Daphi, Concept Ventures, Background Capital, etc. Participate in voting.
It is reported that the metaverse platform built by Emperia can create an immersive virtual shopping experience for brand owners in the retail industry and build a metaverse store. Its current partners include luxury giants such as Bloomingdales, Dior and Lacoste. (Women's Wear Daily)
Web3 Wearable Tech Startup Spatial LABS Completes $10M Funding Led by Blockchain Capital
On January 26, Spatial LABS, a Web3 wearable technology start-up company based on the Polygon blockchain, announced the completion of a $10 million seed round of financing. This round of financing was led by Blockchain Capital, and Marcy Venture Partners, a venture capital firm co-founded by Jay-Z, participated. cast.
It is reported that Spatial Labs plans to use the new funds to continue to expand its blockchain-enabled technology and expand to other industries such as media and entertainment, while launching a device called Node to simplify the development and deployment of augmented reality experiences. Time to lower the barriers to entry for web3 and augmented reality. (Tech Crunch)
Web3 PoS node deployment platform MarsProtocol completes $10 million in financing
On January 22, MarsProtocol, a PoS node deployment platform under NYSE-listed Mega Matrix (NYSE: MTMT ), announced the completion of a $10 million financing round, with participants from a number of well-known figures in the industry. The financing will be used for the continuous development and optimization of the platform. The platform has been launched in January 2023. The products launched in the first phase support the decentralized non-custodial node deployment service of Ethereum.
MarsProtocol is developed by Mega Matrix, a company listed on the New York Stock Exchange. The platform provides one-stop PoS node deployment and operation services for institutional customers and giant whale individual users. It adopts a non-custodial mechanism, integrates MEV revenue, and supports single and batch fast pledge custody , providing services such as visual asset kanban.
Createra, a game metaverse project, completes $10 million in Series A financing, led by a16z
On January 16, the game metaverse project Createra announced the completion of a US$10 million Series A financing, led by Andreessen Horowitz (a16z), which is dedicated to building a metaverse platform centered on Generation Z.
It is reported that Createra is a user-generated content (UGC) metaverse engine that enables creators to create, distribute and MetaFi games. Createra provides users with a crypto-native autonomous world with features including cross-play and instant access. In addition, all things built on Land in the platform can be traded, including models, games, APIs, etc.
Web3 fashion platform Syky completes $9 million Series A financing, led by Seven Seven Six
On January 17, Syky, a Web3 fashion platform, completed a US$9 million Series A financing, led by Seven Seven Six, with participation from Brevan Howard Digital, Leadout Capital, First Light Capital Group and Polygon Ventures.
The new financing will be used to build out the Syky team, integrate designers into the community, and conduct product and technology development.
Syky will issue the NFT member pass The Keystone (987 pieces) on January 20th, and reserve and award 50 The Keystones for designers. Holders gain exclusive access to connect and collaborate with other creators on the platform, as well as attend online and in-person fashion events. (TechCrunch)
On January 24, Calimero Network, a NEAR ecological blockchain infrastructure company, completed a $8.5 million seed round of financing, led by Khosla Ventures, Lyrik Ventures, and NEAR Foundation, with participation from GSR, FJ Labs, and Warburg Serres. This round of financing will be completed in December 2022.
Calimero Network is a high-performance blockchain launched in 2020. The network provides users with NEAR-based private sharding services, enabling companies to store information on private shards while also enabling them to interact with public blockchains. Calimero founders Sandi Fatic and Mario Halambek were the first infrastructure engineers for the NEAR protocol. (the block)
On January 28th, Web3 incubator Tané announced the completion of the first financing of 8 million US dollars. DEEPCORE Inc., XTech Ventures Co. Ltd, DeNA Co. Ltd, B Dash Ventures Inc. and a group of individual investors participated in the investment.
It is reported that Tané, headquartered in Dubai, New York and Tokyo, is currently led by managing partner Ikuma Mutobe, and mainly invests and contributes to Web3 startups and projects in seed rounds and early stages. In addition, Tané team members have extensive experience in entrepreneurship, finance, engineering, and business development, as well as extensive practical experience in Web3 projects, including developing Web3 services and token economics. Its key areas of crypto focus include infrastructure (Layer 1 and Layer 2 blockchains), privacy and cross-chain solutions, security, consumer applications and token economics, DAOs, NFTs, DeFi.
On January 27th, Senken, the world's largest carbon credit financing trading platform on the blockchain, announced the completion of a new round of financing of US$7.5 million. This round of financing was led by Obvious Ventures, with participation from Offline Ventures, Inflection, Kraken Ventures and Climate Capital .
Senken uses blockchain technology to provide its customers with additional security and transparency at the data level. The company also revealed that it will build an innovative financial tool called Carbon Forwards and launch a Token of the same name to help more environmental protection projects achieve carbon credits. (Yahoo Finance)
Crurated, a membership-based blockchain-based wine community, raises $7.2 million
On January 17, membership-only wine community Crurated announced the completion of $7.2 million in financing, which will be used to further develop its technology platform, expand partnerships with producers outside of France and Italy, and increase global market share.
It is reported that Crurated, launched in 2021, aims to connect connoisseurs with world-class producers and prove transactions through blockchain and NFT. (Globenewswire)
Web3 content platform StoryCo completes $6 million seed round led by Collab + Currency and Patron
On January 26, the Web3 content platform StoryCo announced the completion of a $6 million seed round of financing, led by Collab + Currency and Patron, with participation from Floodgate Ventures, Blockchange Ventures, Sfermion, and Flamingo DAO.
StoryCo, previously known as Story DAO, is a platform that connects creatives with consumers outside the traditional Hollywood ecosystem and allows viewers to collaborate on stories. It is reported that the website deliberately avoids the use of Web3 terminology. NFT is called StoryPass within the platform, and holders can access the project's treasury, which includes NFT sales, IP licensing income and royalties. Story DAO aims to change the way IP is created and owned, from a top-down, centralized and closed sandbox, to a bottom-up, decentralized and open-source framework. (Business Insider)
Fashion metaverse platform House of Blueberry completes $6 million in financing, led by Makers Fund
On January 17, House of Blueberry, a fashion metaverse platform, completed a $6 million seed round of financing, led by Makers Fund and participated by Everblue Management. Funds from this round of financing will be used to expand partnerships with games and other virtual worlds.
It is reported that House of Blueberry was founded by Mishi McDuff in 2012 and has sold more than 20 million digital assets under its own brand on platforms such as Roblox, The Sims and Second Life. (Venture Beat)
According to previous reports, in December last year, the Form D document disclosed by the US Securities and Exchange Commission showed that House of Blueberry, a metaverse avatar design start-up company, had completed a new round of financing of US$5,999,999, with two investors participating. No relevant investor information has been disclosed yet. House of Blueberry focuses on designing wearable devices and clothing for 3D virtual spaces, and provides players with personal avatars and avatars. Its clients include metaverse game giants Roblox and The Mims.
Mask Network Receives $5 Million Strategic Investment from DWF Labs
On January 20, DWF Labs, a Web3 investment company, announced that it will make a strategic investment in Mask Network and reach a cooperation. DWF Labs will make an investment of $5 million in the form of purchasing MASK tokens, which will be used to support the continued construction of the decentralized social network and the entire Mask Network ecosystem.
DeFi yield aggregator Autofarm completes $5 million private placement
On January 16, according to the official Twitter, Autofarm, a DeFi income aggregator, announced the completion of a $5 million private placement financing. The details of the financing have not yet been disclosed.
It is reported that this round of financing aims to integrate advanced artificial intelligence (AI) and machine learning (ML) technologies into Autofarm, enabling Autofarm to dynamically analyze real-world data, identify profit opportunities, and provide the most efficient investment across multiple blockchain networks. Make autonomous decisions about optimal asset allocation.
On January 21, Architect, a company founded by former FTX US President Brett Harrison, completed a $5 million financing round, with participation from Coinbase Ventures and Circle Ventures.
It is reported that Architect will build trading software to make centralized and decentralized encryption markets more accessible to large investors such as institutions. Brett Harrison said in an interview on Thursday that he hoped Architect would "restore people's confidence in the industry's deals." (Bloomberg)
According to previous news, Anthony Scaramucci, the founder of Tianqiao Capital, will invest in the encryption company founded by the former president of FTX US.
On January 26, Asset Reality, a London-based digital asset recovery solution, completed a $4.91 million seed round of financing led by Framework Ventures, with participation from TechStars, SGH Capital and Outrun Ventures founder Chris Adelsbach. Asset Reality will use the funding round to triple the company’s engineering team and expand its operations and growth management teams.
Asset Reality is an end-to-end solution for complex assets, its platform provides services and tools for public and private sector companies investigating, managing and restoring assets.
Crypto and Metaverse E-Commerce Company The Edit LDN Closes $4.8M Seed Round Led by Regah Ventures
On January 22, The Edit LDN, an encryption and metaverse e-commerce company, completed a $4.8 million seed round of financing, led by Regah Ventures, and sports stars such as Xavier McKinney of the New York Giants, PJ Tucker of the NBA, and Jesse Lingard of the Premier League participated in the investment . The Edit LDN company is the first sneaker e-commerce company to accept cryptocurrency payments, and has entered the metaverse through Bloktopia and built a global sneaker platform in it. The new funds will be used for the company's expansion in the US, Middle East and North Africa markets. (Tech Crunch)
Web3 ownership sharing platform pieFi closes $4.6M seed round led by Kickstart Seed Fund
On January 17, pieFi, a Web3 ownership sharing platform, completed a $4.6 million seed round of financing, led by Kickstart Seed Fund and participated by venture capital institutions such as Origin Ventures.
Additionally, pieFi announced the launch of the Upside.coop platform, which provides businesses with the tools they need to strengthen authentic connections with customers and fans through shared authentic ownership. Brands can use Upside.coop to build unique customer loyalty and retention programs that reward customers with business ownership through purchases, referrals and any other value-creating activity the brand chooses. (PRNewswire)
On January 26, Bunzz, a Web3 decentralized application development platform, announced the completion of a $4.5 million seed round of financing, with participation from gjmp, DGDaiwa Ventures, Coincheck and Ceres. It is reported that the Bunzz platform has attracted more than 8,000 developers to launch more than 3,000 on-chain dApp projects using modular node packaging and development environments. The company revealed that it will use new funds to build a smart contract center to improve Web3 key infrastructure services. (thebharat express news)
Multi-chain wallet Cypher completes $4.3 million in seed funding led by Y Combinator
On January 19, the multi-chain wallet Cypher completed $4.3 million in seed financing, led by Y Combinator, with participation from OrangeDAO, Samsung Next, and former Coinbase CTO Balaji Srinivasan. Cypher participated in Y Combinator's winter batch last year. (the block)
Web3 Credentials Protocol Gateway Closes $4.2M Funding Led by Reciprocal Ventures
On January 19, Gateway, the Web3 certificate protocol, completed $4.2 million in financing, led by Reciprocal Ventures, 6th Man Ventures, Spartan Group, Figment and other companies, as well as angel investors such as Sandeep Nailwal of Polygon and Ryan Selkis of Messari.
Since its inception, Gateway has issued over 500,000 certificates, of which over 300,000 were minted as NFTs.
Gateway was founded in 2021 by Rahman and Sanket Jain to decentralize the issuance and maintenance of certificates. Gateway stores its credentials on Arweave, currently supports credentials on the Ethereum blockchain, and plans to integrate Solana in the future. (the block)
On January 26, Sui’s ecological wallet Ethos completed a $4.2 million seed round of financing, led by Gumi Cryptos Capital and Boldstart Ventures, with participation from Tribe Capital, Matrix Port, AllianceDAO, and Sui network developer Mysten Labs. The company plans to use the funds to continue developing its wallet, developer infrastructure and applications to further expand its capabilities. (The Block)
Obligate Closes $4M Funding Round, with Blockchange Ventures and Circle Ventures Participating
On January 20, Obligate, a blockchain-based debt provider, completed a $4 million seed round extension round of financing, with Blockchange Ventures and Circle Ventures participating, and initial seed round investors including Earlybird and SIX Fintech Ventures. The total financing currently exceeds $8.5 million Dollar.
Switzerland-based Obligate essentially allows companies to issue on-chain bonds and commercial paper — or debt securities with defined loan terms — to secure funding from investors in a regulated decentralized finance (DeFi) environment. (CoinDesk)
On January 20, Metaverse game Neopets Metaverse announced the completion of $4 million in financing, with participation from Polygon Ventures, Blizzard Avalanche Ecosystem Fund, Hashkey Capital, IDG Capital, and NetDragon Websoft. Funds raised will be used to further grow and deliver immersive gaming experiences while partnering with investors and the wider GameFi community.
Sleep-to-Earn mobile app Sleepagotchi raises $3.5 million in seed funding
Odaily news Web3 sleep monitoring and Sleep-to-Earn mobile application Sleepagotchi announced the completion of a US$3.5 million seed round of financing, 6th Man Ventures, Collab+Currency, Shima Capital, 1kx, DeFi Alliance, Sfermion, Emoote, LCA Game Guild, etc. participated in the investment . Angel investors include Cem Kansu, vice president of product at Duolingo, Santiago R. Santos, and Mona founder Justin Melillo.
6th Man Ventures partner and Staytuned CEO Serge Kassardjian will join Sleepagotchi’s board as a director, and Collab+Currency managing partner Derek Schloss will join as an observer.
Liquid pledge protocol Diva closes $3.5M seed round led by A&T Capital
On January 17, Diva, a distributed liquid pledge agreement, completed a $3.5 million seed round of financing, led by A&T Capital, with participation from Gnosis, Bankless, OKX Ventures, Metaweb, DCV Capital, Alphemy Capital, Very Early Ventures, and Staked.vc. Diva plans to build a cooperative decentralized staking pool.
Diva CEO Pablo Villalba said, "Diva is an ultra-light client that connects to existing Ethereum execution and consensus clients via a standard API. Stakers can stake any amount of ETH, with no minimums and no Run any node. It is enough to have a standard Web3 wallet.” Those who want to operate a node on Diva and get rewards only need to hold 1 ETH to do so, and the protocol is suitable for anyone who meets the requirements of running Ethereum. Node minimum required system. It is reported that Diva will soon be launched on the Ethereum mainnet. (The Block)
On January 21, South Korean Web3 accelerator Nonce Classic completed a Pre-A round of financing of 4.2 billion won (about 3.4 million U.S. dollars), led by SV Investment and participated by KB Investment. (CoinDesk Korea)
Web3 social wallet Tribes completes $3.3 million in financing led by Kindred Ventures and others
On January 24, Web3 social wallet Tribes announced the completion of a $3.3 million Pre-Seed round of financing, led by Kindred Ventures, South Park Commons and Script Capita.
Tribes founder and CEO Hish Bouabdallah revealed that this round of financing was completed in October last year. It is reported that the Tribes Group wallet allows people to jointly own and manage digital assets, while communicating directly through the wallet, rather than using external messaging services such as Discord or Twitter. Its apps are currently available in the Apple and Google app stores. (CoinDesk)
On January 18, DeFi startup IdentDeFi announced the completion of $3.2 million in financing, led by Blockchange Ventures and Fenbushi Capital, with participation from DoraHacks, Knollwood Investment Advisory, Gate.io, and Wave Financial. IdentDeFi will use the funds from this round of financing to complete the audit and expand the core team to bring the company's licensed DeFi solution to the market in the first quarter of 2023. IdentDeFi aims to provide customers with KYC and Anti-Money Laundering (AML) identity verification solutions. (Coindesk)
Fintech firm Kwara closes $3M seed round with participation from DOB Equity
On January 23, Kwara, a Kenyan financial technology company, completed a US$3 million seed round expansion financing, with participation from DOB Equity, Globivest and Willard Ahdritz. The funds raised in this round of financing have reached US$7 million, and the new funds will be used for customer growth . In addition, Kwara has signed a distribution agreement for digital solutions on behalf of Kenyan cooperatives.
It is reported that financial technology company Kwara has previously completed a $4 million seed round of financing, with participation from Breega, Softbank Vision Fund Emerge, Finca Ventures and New General Market Partners.
On January 17, according to official news, Trusta Labs, a Web3 security infrastructure, completed a seed round of financing of over US$3 million, led by SevenX Ventures and Yuanjing Capital, followed by HashKey, Red Dot China, GGV and SNZ. The funds raised will be used Focus on new product research and development, promote new user absorption and conversion, and retain and operate valuable users.
Trusta Labs aims to bring more valuable real users to the Web3 world. Its first product, TrustScan, is now online, which can be used to detect Sybil attack risks and analyze user behavior. The team has won the Gitcoin Open Data Hackathon champion.
Metahood Closes $3M Seed Round Led by 1confirmation
On January 29, Metahood completed a $3 million seed round of financing, led by 1confirmation, Volt Capital, Flamingo DAO and Neon DAO, The Sandbox co-founder Sébastien Borget, SuperRare co-founder John Crain, Sorare growth leader Brian O' Hagan also participated, along with VC and blog/podcast host Packy McCormick, among others.
Metahood's platform aims to provide metaverse land buyers with more context than a generic NFT marketplace. (Decrypt)
Web3 cross-chain infrastructure FilSwan completes $3 million financing led by Binance Labs and SNZ
On January 17, according to official news, Web3 cross-chain infrastructure FilSwan announced the completion of a $3 million SAFT round of financing, led by Binance Labs and SNZ Holdings, Waterdrip Capital, FBG Capital, Protocol Labs, Unicorn Hunter Ventures, Chain Capital, LD Capital, Cabin VC, Betterverse Dao and DAO Kondr VC also participated. In addition, the team received financial support from the Filecoin Foundation and Chainlink.
It is reported that FilSwan is committed to integrating data, computing, bandwidth and payment into one suite to provide comprehensive solutions for Web3 projects. FilSwan's first cross-chain product multichain.storage has been launched on the Polygon main network, is integrating BNB Chain, and plans to integrate Aptos and Sui.
On January 20, Hyper Oracle, the ZK oracle network, announced the completion of a US$3 million seed round of financing, co-led by dao 5 and Sequoia China Seed Fund, with participation from Foresight Ventures and FutureMoney Group. The financing funds will be used for the development of the ZK middleware protocol and the ZK oracle network, as well as the research of zero-knowledge proof technology.
It is reported that Hyper Oracle is building the Web3 zkMiddleware protocol and zkOracle network. Hyper Oracle is working with the zkWASM virtual machine to develop new indexing and automation protocols to address blockchain middleware challenges in security, decentralization, computational integrity, and performance.
On January 27, PlanetWatch, a Web3 air quality data company, announced that it had completed a new round of financing of US$3 million through Simple Agreement for Future Equity (SAFE) and bank loans. Borderless Capital led the investment, and Algorand Inc. and the Algorand Foundation participated in the investment. Two French banks provided it with additional liquidity using loans. It is reported that this round of financing is between the seed round of financing and the subsequent A round of financing.
PlanetWatch analyzes and sells air quality data mainly through the use of smart contracts and Web3 business models. The company plans to use new funds to strengthen technical infrastructure, expand monitoring networks, promote business development initiatives, and build the world's largest decentralized air network based on the Algorand blockchain. Quality Monitoring Network. (Investor Sobserver)
On January 27, Web3 community-inspired startups announced the completion of a $2.7 million seed round of financing, with participation from angel investors including Web3 Fund Flori Ventures, Metaweb Ventures, OWN Fund, and Celo President Rene Reinsberg.
ValuesCo (formerly known as Socialstack) creates a community-driven reward ecosystem for brands, creators and non-profit organizations, enabling the Web3 community to design and issue social tokens without code or blockchain knowledge, and through Phone/email login Instant creation of wallets with products built on the Ethereum, Polygon and Celo blockchains and turning marketing and community interactions into engaging experiences. (PrNewswire)
SphereOne Closes $2.5M Funding Led by Distributed Global
On January 19, SphereOne, a cross-chain encrypted payment platform, announced the completion of a new round of financing of US$2.5 million, led by Distributed Global, with participation from Newark Venture Partners, Zero Knowledge, angel investor Leore Avidar, and Eric Feldman from Bolt.com.
SphereOne helps users process purchase transactions using any cryptocurrency on any blockchain, helping merchants increase conversion rates and retain customers. The platform prioritizes transaction immediacy and functionality, and its features include one-click checkout, cryptocurrency exchange, and more. (venturebeat)
Gifto, Web3’s virtual gifting platform, raises $2.5 million, with participation from Poolz Ventures
On January 24, Gifto, a Web3 virtual gift platform, completed a financing of US$2.5 million. This round of financing was invested by Poolz Ventures.
Gifto is a Binance Launchpad-backed project that aims to build protocols for gifting friends and family with things like e-cards, PFPs, generated art, or NFTs in the form of red packets.
On January 27, the Japanese virtual IP company Brave Group announced the completion of a new round of financing of 300 million yen (about 2.3 million US dollars), and Animoca Brands Japan, a strategic subsidiary of Hong Kong Web3 company Animoca Brands, participated in the investment. So far, Brave Group’s total financing amount has reached 3.04 billion yen (about 23 million US dollars).
It is reported that Brave Group has also reached a capital and business alliance with Animoca Brands KK, aiming to expand local IP business in the metaverse and accelerate global development. Animoca Brands will support Brave Group's Web3 strategy.
As previously reported, in June last year, Japanese virtual IP company Brave group Inc. announced the completion of a $10 million financing, with participation from Dawn Capital and OSAKA GAS.
On January 17, the DeFi protocol Elixir completed a $2.1 million seed round of financing, with participation from FalconX, Commonwealth, OP Crypto, Chapter One, and BitMEX founder Arthur Hayes.
It is reported that Elixir aims to allow anyone to participate in the market making of CEX and DEX through the DeFi agreement, and hopes to solve the review problem faced by market makers through an agreement. Elixir is expected to launch its public mainnet later this year. (The Block)
On January 27, Web3 startup ForChain Labs has completed a $2 million seed round of financing, which the company will use to develop and operate an NFT project that supports DIY casting, Fortune Unicorn Club (FUC).
It is reported that FUC allows users to choose features independently during casting, and the project provides users with more than 500 features to combine their NFT avatars. ForChain Labs hopes that users can use the DIY-Mint method to incorporate their own personality and story into each FUC avatar. (Bitcoin.com)
On January 28th, Tholos, a multi-chain fund custody platform, completed a $1.5 million Pre seed round of financing, led by North Island Ventures, Lattice Capital, Chainforest and Dispersion Capital, Reverie, Alex Zhang, Blockworks co-founder Mike Ippolito, Layer 3 founder Brandon Kumar, 369 Capital, Guild founder RAZ, Delphi Digital researcher Can Gurel, FWB finance director Vasanth Thiruvadi, Arnav Pagidyala and others participated in the investment.
On January 17, the encrypted content platform Collective Shift announced that it had completed a financing of US$1.5 million at a valuation of US$15 million, and San Francisco venture capital RNR Capital participated in the investment. Collective Shift's seed round last year included investors from the Melbourne-based Smorgon family office.
It is reported that Collective Shift mainly provides encryption education services, and recently signed an agreement with the Australian Open to provide Web3 training services for fans. They also plan to use the new funds to explore NFT projects and forge more partnerships with traditional businesses. (AFR)
Crypto integration platform Hatchfi closes $1.2 million pre-seed round
On January 27, encryption integration platform Hatchfi announced the completion of a pre-seed round of financing of US$1.2 million, with participation from Delta Blockchain Fund, OrangeDAO, Golden.com CEO Jude Gomilla, and a group of other angel investors.
Hatchfi can help users seamlessly connect their crypto accounts to any app like a bank account, including accounting and tax apps, investment platforms, crypto lending apps, financial tracking apps, and even crypto social apps, among others. Unlike other integration platforms, Hatchfi has no connection limits and no issues with syncing credits, similar to linking bank accounts through Plaid. It is reported that the company is preparing for a follow-up seed round of financing. (PR Newswire)
NFT trading platform EZswap completes $1 million Pre seed round of financing
On January 26, the NFT trading platform EZswap announced that the platform will complete a $1 million Pre seed round of financing at a token valuation of $40 million in October 2022. The platform code has been audited by the security company Beosin and will be officially launched at the end of January.
Decentralized database WeaveDB closes $900,000 Pre-Seed round led by Permanent Ventures
On January 18, WeaveDB, a decentralized database based on smart contracts, announced the completion of a $900,000 Pre-Seed round of financing, led by Permanent Ventures, IOSG Ventures, Mask Network, Arweave, Hansa, Next Web Capital, CMTD, Formless Capital and Gitcoin co-founder Scott Moore participated.
WeaveDB brings a Web2-like user experience to Web3 users and developers through a NoSQL DB similar to the document database Firestore on smart contracts. Users do not need to log in with an encrypted wallet and do not need to pay gas fees. Developers can build a decentralized Twitter, a new GitHub with WeaveDB. (Medium)
DeFi Startup Davos Completes $500,000 Pre Seed Funding Round, Polygon Ventures Participates
On January 18, DeFi startup Davos announced the completion of a $500,000 Pre seed round of financing, with Polygon Ventures and Polygon co-founder Sandeep Nailwal participating. Davos is building an ecosystem that includes stable currency assets, liquid pledges, and mortgage lending, and at the same time introducing a new stable encrypted asset mortgage lending and pledge solution based on liquid pledge Token ankrMATIC. The project will launch the stable asset DAVOS to achieve cross-chain operability, and release pledged asset liquidity through integration into other protocols, mining pools and DEX. (your story)
Layer 1 project Koinos completes $500,000 seed round
On January 20, Koinos Group, the developer of the Koinos blockchain, completed a $500,000 seed round of financing led by Blockchain Founders Fund.
Koinos is a general-purpose blockchain that launched its mainnet on November 5 last year. (finsmes)
On January 28, Edgeln, a Web3 data access platform, announced the completion of $400,000 in financing, including Mike Dinsdale from Akkadian Ventures, Mike Borozdin from Google, and Jeremy Clover from Circle, among other angel investors.
It is reported that EdgeIn aims to provide Web3 companies, projects, and teams with verified on-chain and off-chain data set access services, and contribute to the Web3 data ecology in a decentralized manner.
On January 28, Web3 investment management platform Presail completed a financing of US$150,000, with participation from Trung Nguyen, Viet And, Aleksander Leonard Larsen, and Jeffrey Zirlin. (web3 wire)
Earlier news, Web3 investment management platform Presail completed a seed round of financing of 3.8 million euros, led by SNÖ Ventures.
Metaverse Development Company Virtualtech Frontier Completes Seed Funding
On January 18, Metaverse development company Virtualtech Frontier completed its seed round of financing, with Blockchain Founders Fund participating. The financing amount was undisclosed. This round of funding will be used to grow the team, support marketing campaigns and further develop their platform, Mitoworld.io. Mitoworld.io is designed to allow the community to easily create and share their own metaverses. (PR News Wire)
On January 18, Web3 enterprise chat tool developer Protico announced the completion of the Pre seed round of financing. The specific amount has not been disclosed yet. Darwin Venture, NFT market Lootex co-founder David Tseng, former Binance executive Allen Chen, and cross-chain cryptocurrency wallet Blocto Co-founder Hsuan Lee and others participated in the investment. The chat widget Web3 Lobby launched by Protico and the accompanying Chrome extension application allow users to seamlessly integrate the Web3 social layer and communication layer into their own applications in seconds and allow users to use encrypted wallets to access common chat interfaces. (Koreatechdesk)
On January 18, BitOoda, a digital asset investment bank, announced the completion of the first phase of A-round financing. The specific amount was not disclosed. RWE Energy Transition Investments led the investment. The funds raised will be used to enable BitOoda to accelerate the expansion of innovation and compliance for institutional clients. Capital markets solutions, including investment banking, bespoke structured products, spot and derivatives brokerage, research and advisory services. The company also plans to further expand its industry-leading regulatory posture and expand its team to pursue opportunities around high-performance computing, tokenization, and commoditization of zero-knowledge infrastructure. (businesswire)
On January 20, Authic Labs, an NFT market on the Ethereum chain, announced the completion of the Pre seed round of financing. The specific amount has not been disclosed yet, and Rockstart and Graduate Entrepreneur participated in the investment. Authic Labs said it will use the funds to expand its operations and technology teams and increase marketing and advertising activities, while enhancing product offerings.
Authic Labs provides users with a no-code service platform Authic Suites, where brands and organizations from various industries such as art, fashion, gaming or sports create and sell digital collections on its website. (silicon canals)
On January 20, Jeff, a Metaverse subsidiary of South Korean payment company Danal, completed its Pre-A round of financing. Singaporean VC Xponential Ventures and game company Joycity participated in the investment. The financing amount was undisclosed.
This round of financing will be used to accelerate the development and content production of Jeff World, which is planned to be launched in the second half of 2023. This is a metaverse platform for user participation, and users' content activities will generate rewards and consumption. It provides various experiences related to daily life, such as shopping, entertainment, and leisure, in the form of an open world that allows multiple people to visit at the same time. Jeff also plans to implement features such as metaverse concerts. (CoinDesk Korea)
Metaverse Startup Forma Vision Closes Strategic Funding Round, Accenture Ventures Participates
On January 27, Metaverse startup Forma Vision has completed a strategic round of financing, which was participated by Accenture Ventures, a venture capital subsidiary of Accenture. The specific investment amount has not yet been disclosed.
It is reported that users can use Forma Vision to create holographic images of characters, objects and environments in the metaverse, and its real-time streaming service enables people to meet and work in immersive 3D spaces just like in real life. Accenture launched its flagship metaverse product "Metaverse Continuum" platform last year. This latest strategic investment aims to help Accenture accelerate the expansion of its enterprise metaverse business.
On January 26, the cryptocurrency trading platform OpenEx announced the completion of a "multi-million dollar" seed round of financing, led by TKX Capital and joined by Web3 venture capital Agallochum Capital. Different from mainstream B2C trading platforms, OpenEx adopts a B2B 2 C membership model, providing members with a native order flow management model that generally has a high barrier to entry in the traditional financial and encryption industries, as well as other consulting, teaching, and content creation Services such as community and transaction assistance.
Fractal, a gaming NFT marketplace, expands to Polygon and secures strategic funding
On January 26, Fractal, the game-related NFT platform developed by Twitch co-founder Justin Kan, announced an expansion to the Polygon blockchain protocol. Fractal's product suite, F Studio, will be available on Polygon, including its NFT launchpad, marketplace, tournaments, developer SDK, game launcher, and login with Fractal services. The Polygon feature is live and available in three games, with more to come in the coming months.
Additionally, Polygon Labs will make an unspecified "strategic investment" in Fractal to help expand its services. (CoinDesk)
Game studio Voldex completes Series A funding led by a 16 z
On January 26, game studio Voldex announced the completion of its Series A round of financing, led by a 16 z, with continued participation from Dune Ventures and Makers Fund, as well as new investors such as POW Interactive and Mitch Garber’s Lalotte Ventures. Separately, a 16 z general partner Andrew Chen joined Voldex's board of directors. Voldex has not disclosed the financing amount.
Voldex improves the quality of user-generated content platforms like Roblox and Minecraft by acquiring and improving existing games. Voldex stated that it will use the new financing to expand the team and continue to support existing games, and enable it to obtain impressive UGC games from outstanding game creators, and help release new features and updates through the development of new features and updates combined with IP Everyone's potential.
On January 29, Vest Exchange, a decentralized derivatives platform, announced the completion of a seed round of financing. Investors include Jane Street, QCP Capital, Big Brain Holdings, Ascendex, Builder Capital, Infinity Ventures Crypto, Robert Chen (Ottersec), Pear VC, Cogitent, Moonshot Research, Fugazi Labs.
It is reported that Vest Exchange is a decentralized perpetual contract platform based on Arbitrum, which mainly solves three pain points: high listing threshold for long-tail assets, lack of risk management, and unclear risk/return of liquidity providers (LP).
