One-week financing express | 38 projects have been invested; the total disclosed financing is about 340 million US dollars (2.6-2.12)
According to Odaily's incomplete statistics, a total of 38 domestic and overseas blockchain financing incidents were announced from February 6 to February 12, and the total disclosed financing amount was about 340 million US dollars.
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):
On February 7, encrypted lending platform SALT Lending completed a $64.4 million Series A financing by selling shares to qualified investors. SALT will use the funds for new products and its growth strategy. This new funding is used to adjust SALT's balance sheet and capital reserves. Following regulatory approval, SALT is working to resume full operations in the first quarter of this year. (CoinDesk)
Prior to the news on November 16, affected by the bankruptcy of the encrypted exchange FTX, the encrypted lending platform Salt has stopped withdrawals and deposits. Salt CEO Shawn Owen said in an email to clients that "FTX's bankruptcy has impacted the company's business," without disclosing the exact amount of its exposure to FTX.
On February 8, Carbonplace, a carbon credit trading company, announced that it had received $45 million in seed funding from UBS, CIBC, BNP Paribas, NatWest Group, National Australia Bank, Banco Bilbao Vizcaya Argentaria, Sumimoto Mitsui and Standard Chartered Plc, etc. Participate in voting.
Additionally, Carbonplace named Scott Eaton as its first CEO. The Carbonplace platform is expected to launch later this year. (Bloomberg)
Blockchain payment technology company Partior raises $31 million in Series A funding
On February 12, Partior, a blockchain payment technology company, has completed a Series A financing of US$31 million.
According to previous reports, Partior announced the completion of the A round of financing in November 2022. Standard Chartered Bank led the investment, and JPMorgan Chase, DBS Bank and Temasek participated in the investment. However, the transaction amount was not disclosed at the time and it needs to wait for regulatory approval. (Dealstreet Asia)
Digital asset protection firm Coincover closes $30 million funding round led by Foundation Capital
Odaily News Digital asset protection and insurance provider Coincover completed $30 million in financing, led by Silicon Valley investment firm Foundation Capital. The financing will be used for hiring, product updates and seeking partnerships.
Coincover's products provide businesses, infrastructure providers and consumers with asset protection from hackers or human error. The company works with more than 300 businesses, including cryptocurrency custodian Fireblocks and cryptocurrency exchange Bitso.
Coincover raised $9.2 million in a Series A funding round in July 2021 led by Element Ventures, with participation from DRW Venture Capital and Susquehanna Private Equity Investments. (CoinDesk)
Odaily News Web3 and metaverse space entertainment community TDGA Holding Ltd announced the completion of a US$20 million seed round of financing, with Singaporean media company New Media Holding participating. It is reported that NMH has committed to be the main investor in this round of financing, valuing TDGA at $100 million.
TDGA Holdings Ltd is a supplier of Space Hero, a space entertainment community, using metaverse and Web3 related technologies to expand globally, and its partners include NASA, Japanese Space Agency JAXA, Canadian Space Agency CSA, and Nigerian and Brazilian space agencies, etc. (PRN)
Game Developer Mino Game Completes $15 Million Funding Round Led by Standard Crypto
Odaily news game developer Mino Game completed a financing of 15 million US dollars, Standard Crypto led the investment, Boost VC, Collab Currency, Earl Gray Capital and Konvoy Ventures participated in the investment. Funding is used to create a Web3-enabled Dimensionals collectible role-playing game.
Previous investors in Mino Game include Sybo Games and Andreessen Horowitz, and the company has raised $25 million to date. (Venture Beat)
On February 7, SPACE ID, a decentralized identity protocol, completed a strategic round of financing of US$10 million led by Polychain Capital and dao 5, with participation from Foresight Ventures and others.
SPACE ID 2.0 provides a one-stop Web3 domain name and identity platform to discover, register, trade and manage Web3 domain names. It also includes the Web3 domain name SDK & API for cross-blockchain developers, and launches multi-chain domain name services. The second of these supported TLDs, .arb, will open for pre-registration next week.
On February 8, the financial application Fierce completed a $10 million seed round of financing, with participation from Pendrell, AP Capital, Wheelhouse Digital Studios and Space Whale Capital.
It is reported that Fierce was launched by Cornish, the former chief technology officer of cryptocurrency exchange Gemini Trust. Fierce's products include Fierce Cash accounts, FDIC-insured checking accounts, and debit cards that can use more than 55,000 free ATMs. The app is currently available for iOS and will launch on Android later this year. In addition, Fierce will also conduct regulated cryptocurrency trading later this year. (TechCrunch)
On February 7, Elementus, a blockchain data analysis company, completed a US$10 million A-2 round of financing at a valuation of US$160 million. ParaFi Capital led the investment, and Moonshots Capital, Spitfire Ventures, and Colaco Investment Group participated in the investment.
It is reported that this round of financing will be used for recruitment and new product development, and Elementus’ total financing has reached 27 million US dollars. (Fortune)
According to previous reports, in October 2021, Elementus completed a US$12 million Series A financing, led by Velvet Sea Ventures, with participation from Alameda Research, BlockFi, Pomp Investments, Lightspeed, Gemini Frontier Fund, Blockchain.com and Avon Ventures. Elementus provides blockchain compliance and data analytics solutions to government agencies, financial institutions, researchers and investors.
On February 9, Web3 entertainment platform Matr 1 x completed a financing of US$10 million. Investors include Korean financial group Hana, Hashkey Capital, Amber group and SevenX Ventures.
The Matr 1 x platform has released You Are The Champion (YATC NFT), and will soon launch the Metaverse shooter mobile game Matr 1 x FIRE and Matr 1 x 2061 NFT. The world view novel of the Matr 1 x series of games is as high as one million words.
You Are the Champion (YATC) is the abbreviation of Champion NFT. Half of it is reserved for rewarding the champion team of Matr 1 x e-sports ecology, and the rest is used to motivate outstanding contributors to the Web3 industry. The current floor is 7.6 ETH.
Matr 1 x 2061 is a two-dimensional style PFP NFT, issued by Matr 1 x FIRE, with a total of 2061 pieces. It has the advanced rights and interests of Matr 1 x FIRE. In the future, it will receive priority testing qualifications, early access to game content, and creation roles Priority acquisition qualifications, airdrops of in-game tokens and assets, etc. Mint is expected to be launched in late February. There will be no public sale. Only Matr 1 xlist and Luckylist can participate in Mint.
Digital fintech firm Mercurity Fintech raises $9 million through convertible note offering
On February 7, Mercurity Fintech, a digital financial technology company based on blockchain technology, announced that it had completed a $9 million financing through the issuance of unsecured convertible notes, which were purchased by a non-US investor.
Mercurity Fintech will use funds to support Web3 and blockchain infrastructure development, expand its consulting services, and apply for a BitLicense for cryptocurrency licenses from the New York State Department of Financial Services. (Globe Newswire)
On February 6, the South Korean blockchain start-up company Super Block announced the completion of a 9 billion won (approximately US$7.22 million) A round of financing. SK, Netmarble (Netmarble), DSC Investment, E & INVESTMENT, Schmidt and other large Korean enterprises and venture capital With the participation of this VC, the new funds will be used to recruit talents, expand the market, and promote its product research and development.
It is reported that Superblock was founded in 2021 and is creating a new main network Over Network, which contains lightweight nodes that ordinary users can also run. Over Network is scheduled to be launched this year. In addition, the company will also launch products such as wallets, scanning, and bridging.
On February 6, Cenoa, a blockchain-based non-custodial digital wallet, completed a $7 million seed round of financing led by Quite Capital and Underscore, with participation from Human Capital, Ulu Ventures, Acrew Capital, and Collective Spark.
The new financing will be used to expand the business to expand beyond its core products and into new markets in Latin America, Africa, Southeast Asia and Europe. In addition, the funds will be used to recruit new employees.
According to reports, Cenoa aims to provide users in emerging markets with access to US dollar products, and intends to add US dollar-based debit cards and instant remittances in the next 18 months. Based on blockchain technology, the company believes its non-custodial savings solution reduces branch costs, intermediary fees and other inefficiencies of traditional banking. (Tech Funding News)
Modular Blockchain Dymension Closes $6.7M Seed Funding Round Led by Big Brain Holdings and Stratos
Odaily News Modular blockchain Dymension completed a $6.7 million seed round of financing, led by Big Brain Holdings and Stratos, with participation from Matchbox DAO, Shalom Meckenzie of DraftKings and others.
Dymension co-founder and CEO Yishay Harel began raising money for the round last May, and it closed late last year amid the widespread cryptocurrency crash. He declined to disclose the valuation.
Dymension also announced that it will launch its public testnet on February 15th. Harel said that an incentivized testnet will be launched in the second quarter and the mainnet will be launched in the third quarter of this year. Nine employees currently work for Dymension, and Harel plans to expand the team in the near future.
Dymension also plans to raise more funds before the mainnet launch, targeting around $20 million. (The Block)
Web3 Loyalty Platform Cub 3 Closes $6.5M Series A Funding Led by Bitkraft and Fabric Ventures
On February 9, Cub 3, a Web3 loyalty platform, completed a US$6.5 million Series A financing led by Bitkraft and Fabric Ventures, with participation from CMT Digital, Red Beard Ventures and Geometry Labs.
Most of the funds will be used to launch what it calls a proof-of-behavior protocol. Currently in beta, the system uses artificial intelligence and machine learning to identify and evaluate behavior in the real world and on social media platforms, the company said. Actions and their subsequent rewards are then stored on-chain so brands can access analytics to measure their return on investment. (The Block)
On February 8, Web3 content delivery platform Mawari completed a $6.5 million financing round led by Blockchange Ventures and Decasonic, with participation from Abies Ventures, Accord Ventures, Anfield, Outlier Ventures, and Primal Capital.
Mawari is a decentralized 3D and XR content delivery platform designed based on Web3 principles. It hopes to alleviate the processing and networking demands of our future internet through technologies such as machine learning, data compression, and blockchain to enable a 3D metaverse. (venturebeat)
Crypto exchange C 3 completes $6 million seed round led by Two Sigma Ventures
On February 10, crypto exchange C 3 completed a $6 million seed round of financing, led by Two Sigma Ventures, Jane Street Capital, Hudson River Trading, Flow Traders, Jump Capital, GoldenTree Asset Management, and crypto-native trading institutions CMS Holdings, AlphaLab Capital, Cumberland and C 2 Ventures participated. (Business Insider)
Web3 gaming platform Ajuna Network completes $5 million in financing led by CMCC Global
On February 10, Ajuna Network, a Web3 game platform, completed a financing of US$5 million, led by CMCC Global. Separately, this Friday, Ajuna Network launched an NFT collection of Awesome Ajuna Avatars inspired by the company’s flagship game, BattleMogs.
Ajuna Network previously raised $2 million in a seed round in February 2022, led by Fundamental Labs, with other investors including OKX Blockdream Ventures, Signum Capital and Animoca Brands, which invested in Ajuna’s parent company, BloGa Tech AG. (CoinDesk)
On February 8, Sesame Labs, a Web3 marketing platform, completed a $4.5 million seed round of financing, co-led by Wing Venture Capital and Patron, Samsung, DoubleJump, Forte, Moonfire, Twin Ventures, and Coinbase CTO and Earn founder Balaji Srinivasan, Fractal Co-founder Robin Chan and Sorare Chief Marketing Officer Ryan Spoon participated in the round. The new financing will be used to build its team, and 80% of the budget will be used for product research and development.
It is reported that Sesame Labs’ marketing stack includes an event management platform, advertising network and customer relationship management tools. It also allows the company to develop targeted marketing campaigns, leverage competitor data, demonstrate cross-channel customer insights, and create in-game user engagement rewards through its platform. (TechCrunch)
Decentralized music protocol builder Vault closes $4M Series A led by Placeholder VC
On February 9, Vault, a decentralized digital music protocol builder, completed a US$4 million Series A financing led by encryption investment company Placeholder VC. AlleyCorp, Bullpen Capital and Everblue Management, which had previously invested in the company, participated in the investment. So far, the company's total financing amount has reached 13 million US dollars.
It is reported that Vault built a decentralized protocol Digital Music Collectible (Digital Music Collectible, DMC). By building an open and fully decentralized music network, DMC allows users to share, play and purchase music on third-party apps and websites.
Odaily News Webacy, an encrypted wallet security layer, completed a $4 million seed round of financing, led by gmjp, with participation from Gary Vaynerchuk, AJ Vaynerchuk, Mozilla Ventures, Soma Capital, DG Daiwa Ventures, Quantstamp, CEAS Investments, Dreamers, and Miraise.
Webacy is a technology layer that allows users to access their existing self-custodial wallets without the need for keys, seed phrases, or passwords, and provides security features to reduce the risk of assets being lost or stolen. (CoinDesk)
Metaverse mobile game Kingdomverse completes $3.6 million in financing
On February 7, Kingdomverse, a mobile game metaverse project, completed a US$3.6 million seed/strategic round of financing. The specific financing information was not disclosed. Kingdomverse is expected to launch the casual PVP TD game Defend the Kingdom on ImmutableX, the Ethereum NFT layer-2 expansion solution, where players can form teams to fight against enemies.
Metaverse skills platform Cusmat closes $3.5 million Series A round led by Arkam Ventures
On February 8, Metaverse skill platform Cusmat announced the completion of US$3.5 million in Series A financing, led by Arkam Ventures, Unitus, Better Capital, Venture Catalysts, MapMyIndia, 9 Unicorns, We Founder Circle, Mumbai Angels Network, Dholakia Ventures, Ice VC , Legacy asset LLP and others participated in the investment.
It is reported that Cusmat, founded by Abhinav Ayan and Anirban Jyoti Chakarvorty, is an immersive skills platform with real-world applications, helping industries close the skills gap and improve key business indicators. (Entrackr)
It is reported that Republic raised $16 million in 2020 by selling Republic Note security tokens.
Crypto yield staking platform MoodMiner completes $3 million Series A funding
On February 12, MoodMiner, a cryptocurrency revenue staking platform, announced the completion of a US$3 million Series A round of financing. The investor information has not yet been disclosed. The company's CEO revealed that the new funds will be used to accelerate platform development and recruit talent.
Information on the MoodMiner website shows that the company has obtained the Estonian VCSP license and the support of 4 blockchain and innovation funds. Earlier this month, MoodMiner announced the completion of a $400,000 seed round of funding, with participation from entities such as CoinList, Circle, and Polygon, as well as some angels. (Techbullion)
Web3 game studio Overworld receives $2.5 million investment from chain game publisher Xterio
On February 6, Swiss blockchain game publisher Xterio announced that it will invest $2.5 million in digital collection-based Web3 game studio Overworld. Overworld will use the new funding to develop cross-platform free-to-play games with player ownership and digital collectibles, among other features.
The company plans to launch a multiplayer role-playing game in Q2 of this year, and will also release the first digital collection of the game at that time, but Overworld said it will not issue coins. It will have optional blockchain assets (tokens that rely on Xterio) that players can choose to purchase, but will not need to be purchased as on-chain assets.
With an initial investment in Overworld, Switzerland-based Xterio and its operating company, LibeccioTech, will launch game-themed collectibles on the Xterio platform, which will include a marketplace, social community hub and user-focused tools, among other things. (Venture Beat)
Latent Technology Announces $2.1M Funding Round Led by Spark Capital and Root Ventures
On February 7, Latent Technology announced the completion of $2.1 million in financing, led by Spark Capital and Root Ventures, and participated by Bitkraft Ventures. The company uses AI-based animation technology and real-world physics to enable characters in virtual worlds to move physically accurately in real time. (report door)
Game company Tower Pop closes $2.1 million in funding for its Web3 battle royale game Omega Royale
On February 10, game company Tower Pop completed $2.1 million in financing for its Web3 battle royale and tower defense game Omega Royale. The game will utilize a Play-to-Mint model where high-ranked players can mint NFTs within the game. The Omega Royale battle royale game is available on the AppStore and Google Play Store. (VentureBeat)
Metaverse project MetaGPT.AI completes $2 million in financing, led by Negentropy Capital
On February 9, Metaverse project MetaGPT.AI announced the completion of a $2 million financing, led by Negentropy Capital.
It is reported that MetaGPT will soon release the latest artificial intelligence product Kryptal, which provides a robot for vertical industry knowledge base training for the Web3 industry. The new version of the official website will also enable the top-level domain name Metagpt.ai.
Web3 incubator ManesLAB completes USD 1.8 million seed round financing led by YZB Investment
On February 9, ManesLAB, the parent company of Web3 incubator and NFT project Weirdo Ghost Gang, announced the completion of a $1.8 million seed round of financing, led by YZB Investment.
GammaSwap, a DeFi structured product, completed a $1.7 million seed round of financing
On February 7, GammaSwap, a DeFi structured product, completed a $1.7 million seed round of financing. Skycatcher Crypto, Dialectic, Space Whale Capital, Modular Capital, Portico Ventures, Ouroboros Capital, Owl Ventures, RenGen, and Manifold Trading participated in the investment. Individual investors included GMX core member and the second largest wallet owner on DeBank. The new financing will be used to expand the team, review multiple novel product ideas, and continue to build awareness of the protocol.
According to reports, GammaSwap aims to enable users to obtain leveraged exposure to tokens by integrating with DEX. In the future, it is planned to release a Beta testnet, followed by the mainnet and Arbitrum. The tentative timeline for the release of the Beta testnet and full rollout is Q1.
GammaSwap says it will initially be integrated into Uniswap V2, SushiSwap, and Balancer, with Uniswap V3 to follow.
On February 8, Blockfenders, a blockchain data analysis start-up, announced the completion of a pre-seed round of financing of US$1.5 million. Blume Ventures, Together Fund, Veda VC, Behind Genius Ventures, Better Capital, Arka Venture Labs, Global Devc, FortyTwo, Eximius , GSF Fund, Pointone, Upsparks, and angel investors including Anand Deshpande, Rashid Mayes, Dinesh Agarwal, Dinesh Gulati, Gaurav Kapur, Henry Zitou, and Nitish Mittersain participated.
It is reported that Blockfenders, founded in 2022, has created an enterprise data exchange network that combines blockchain, cloud computing and distributed ledger technology to support complete data sharing through an enterprise-level code-free platform in a zero-trust environment while protecting data privacy. , the company plans to use the new funds to expand its multi-data source and tokenization capabilities.
Full-chain liquidity protocol Cedro Finance completes $1.5 million in financing led by Shima Capital
On February 7, Cedro Finance, a cross-chain decentralized liquidity protocol on LayerZero, announced the completion of a $1.5 million Pre-Seed round of financing, led by Shima Capital, with participation from Infinity Ventures Crypto (IVC), Mask Network and Sam Thapaliya. This round of financing will be used to expand the Cedro team and build the Ominichain liquidity platform. (Businesswire
On February 6, tax software-as-a-service (SaaS) startup Inkle announced the completion of a $1.5 million Pre-Seed round of financing, with participation from Picus Capital, Saison Capital and Force Ventures.
It is reported that Inkle will use the new financing to expand its market in the United States, Canada and Latin America, and enter the field of encryption taxation. Its service is based on a chat conversation model, and current customers include Salesken, Mailmodo, Zoko, and DriveTrain, among others. (VC Circle)
On February 8, VRRB Labs, a Layer 1 blockchain developer, completed a $1.4 million Pre seed round of financing at a valuation of $20 million, with participation from Jump Crypto, Big Brain Holdings, and Taureon.
VRRB is developing a proprietary consensus mechanism called “Proof of Claim,” which it says will help resolve the blockchain’s scalability, security, and decentralization trilemma. VRRB’s first beta testnet launch is scheduled for next month. Mainnet is still far off on the roadmap. There are currently five people working at VRRB Labs, with no immediate plans to expand the team. (The Block)
Blockchain certificate verification platform TheRollNumber completes $165,000 seed round
Odaily news TheRollNumber, a blockchain certificate verification platform, announced the completion of a $165,000 seed round of financing, led by Inflection Point Ventures. The company aims to provide individuals with a blockchain-based certificate management system, which can not only digitize and verify certificates, It also addresses identity and credential theft by letting users or individuals know when, by whom, and how credentials are being used. (financialexpress)
AI and Blockchain Startup Fastagger Closes New Round of Funding, CV VC Participates
On February 8, Fastagger, an African AI and blockchain start-up company, announced the completion of a new round of financing and investment. The specific amount has not been disclosed yet, and CV VC participated in the investment. Fastagger, whose solutions use AI and blockchain technology to analyze customer behavior and engagement to help businesses increase sales and access financing, was also selected for NVIDIA's AI Innovation Startup Program and "Startup with Chainlink" program. (bitcoinke)
Football management game Soccerverse completes seed round led by Hiro Capital
On February 12, the massively multiplayer online football management game Soccerverse completed a seed round of financing, led by Hiro Capital, a venture capital fund for games, sports and metaverses.
The Soccerverse is a decentralized, player-run system, and leagues will exist on-chain indefinitely. Soccerverse was founded in partnership with blockchain pioneers Dr. Daniel Kraft (one of the developers of Bitcoin Core) and Andrew Colosimo (creator of the world's first blockchain game Huntercoin in 2013) to provide players with a fully customizable game world. Soccerverse is currently being supported by users participating in the current beta phase.
On February 10, Collector Crypt, a Web3 physical collection platform, announced the completion of a seed round of financing, the specific amount of which has not yet been disclosed. The round was joined by GSR, Big Brain Holdings, FunFair Ventures, Genesis Block Ventures, Master Ventures Investment Management, StarLaunch and Telos.
Collector Crypt uses a fully composable blockchain infrastructure to combine well-known brands, rating companies, physical vaults and decentralized Web3 markets to provide users with low-risk collection solutions. Its native Token COLL has discounts, reward distribution and governance Etc.
