According to Odaily’s incomplete statistics, a total of 33 domestic and overseas blockchain financing incidents were announced from May 15th to May 21st, a significant increase compared with last week’s data. Auradine ($81 million), a provider of network infrastructure solutions for cryptocurrencies, also rose from last week's data.
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):
Auradine closes $81 million Series A round led by Celesta Capital and Mayfield
Odaily News Auradine, a Silicon Valley-based provider of network infrastructure solutions, announced the completion of $81 million in Series A financing, led by Celesta Capital and Mayfield, Cota Capital, DCVC and Stanford University. As part of the investment, Celesta's Sriram Viswanathan and Mayfield's Navin Chaddha will join Auradine's board.
Bitcoin mining company Marathon Digital Holdings (MARA) is also one of the supporters. Marathon disclosed in its third-quarter financial report that it held $35.5 million worth of Auradine preferred stock as of September. Marathon CEO Fred Thiel sits on Auradine's board of directors.
Bitcoin Startup River Closes $35M Series B Funding Led by Kingsway Capital
Bitcoin Startup River Closes $35M Series B Funding Led by Kingsway Capital
Odaily News Bitcoin technology and financial services company River completed a $35 million Series B round of financing, led by Kingsway Capital, with participation from billionaires Peter Thiel, Cygni, Goldcrest and Valor Equity Partners.
It is understood that River mainly provides a wide range of Bitcoin-related services for individuals and businesses, including brokerage companies that provide zero-fee fixed investment, mining, full reserve custody, and wallets that support on-chain transactions and Lightning Network transactions. Last October, the company launched River Lightning, an application programming interface (API) that will make it easier for companies to connect their applications to the Lightning Network.
Bitcoin mining company Cormint completes $30 million Series A financing, will use it to create a data center in Texas
Odaily News Bitcoin mining company Cormint Data Systems has completed a US$30 million Series A round of financing. Its president Jamie McAvity and semiconductor company Silicon Laboratories (SLAB) chairman Nav Sooch led the investment, and former chief technology officer Alessandro Piovoccari participated in the investment. The new financing will be used to create a 2.4 EH/s data center in Fort Stockton, Texas.
Web3 Startup Story Protocol Completes $29.3M Seed Round Led by a16z Crypto
Web3 Startup Story Protocol Completes $29.3M Seed Round Led by a16z Crypto
Odaily News Web3 startup Story Protocol has completed a $29.3 million seed round of financing, led by a16z Crypto, and participating investors include Hashed, Foresight Ventures, Samsung Next Fund, Two Small Ventures, DAO 5, Berggruen Holdings, Mirana Corp, and SLVC.
Metaverse's Super League raises $23.8M in convertible preferred stock deal
Metaverse's Super League raises $23.8M in convertible preferred stock deal
Odaily Xunyuan Universe’s Super League completed $23.8 million in private placement financing through two convertible preferred stock transactions. According to Nasdaq rules, the final transaction is expected to be completed later this week. SternAegis Ventures acted as the exclusive placement agent for this financing transaction. Existing investors, new investors and related parties of the placement agent participated in the investment.
Super League provides gaming and digital space experiences on metaverse gaming platforms such as Roblox, Minecraft and Fortnite, and its innovative solutions allow consumers to socialize, play, explore, collaborate, shop, learn and create in the metaverse. (Streetsider)
Odaily News Together, an open source AI model cloud platform, announced the completion of a $20 million seed round of financing, led by Lux Capital, Long Journey Ventures, Robot Ventures, and PayPal co-founder Scott Banister, OpenSea co-founder Alex Atallah, and Uniswap COO MC Lader Wait to vote.
Crypto mining data center developer Soluna Holdings receives $14 million investment from Navitas Global
Odaily News Soluna Holdings, a developer of encryption mining data centers, received a $14 million investment from Navitas Global, a private data center development company, to complete the development of the Dorothy 1 B data center in Texas. The deal is understood to include a $2 million loan to complete construction of the 25 megawatt (MW) site and a $12 million equity investment. Soluna will provide operations and maintenance expertise and will retain 51% ownership of the project in a transaction that will help Soluna become cash flow positive in the second half of the year.
Unitea Closes $7M Seed Round With 1st Class Guernsey Participating
Unitea Closes $7M Seed Round With 1st Class Guernsey Participating
Odaily News Unitea, a blockchain-based interactive music platform for making money, announced the completion of a $7 million seed round of financing, with participation from 1st Class Guernsey, Chaos Capital, TokenSociety and Fuel Venture Capital. Unitea will use the funds raised to further expand the capabilities of its platform both within and outside the music industry.
Web3 development platform Airstack completes over $7 million Pre-Seed round of financing, led by Superscrypt
Odaily News Web3 development platform Airstack has completed a Pre-Seed round of financing exceeding US$7 million. Superscrypt led the investment, and Polygon, Hashed Emergent, NGC, Primal Capital, UOB Ventures and Signum Capital participated in the investment. The first half of this round of financing will be in 2022 The end of the third quarter.
Along with the funding announcement, Airstack also released an updated version of its Jam social app. Based on Farcaster and Ethereum, this iOS and Android app provides user profiles and groups based on the user's Web3 collection.
The startup allows developers to request access and leverage cross-chain data using natural language powered by artificial intelligence (AI). Since its debut in April, Airstack has attracted more than 200 developers who use the platform for projects such as a marketing engine, DeFi portfolio optimizer, customer resource management tool, advertising platform, and decentralized social and messaging apps.
CryptoHub Raises $6M at $30M Valuation Led by Tectona
CryptoHub Raises $6M at $30M Valuation Led by Tectona
Odaily News Israeli encryption startup CryptoHub announced that it has completed a financing of US$6 million at a valuation of US$30 million, of which Tectona, the lead investor, invested US$3 million in it.
It is reported that CryptoHub was established in November 2021 by Eliran Ouzan and Shlomi Bazel, aiming to provide technical tools and solutions for the blockchain industry. The company is about to launch its first project, CoinScan.com, a platform that displays crypto transaction information in real time and provides analysis and research resources. (Calcalistech)
Bitcoin voucher company Azteco closes $6 million seed round led by Jack Dorsey
Odaily News Bitcoin voucher company Azteco announced the completion of a $6 million seed round of financing, led by Jack Dorsey, with participation from Lightning Ventures, Hivemind Ventures, Ride Wave Ventures, Aleka Capital, Visary Capital, Gaingels, David Van Der Weele, Sunil Rajaraman, etc. .
Azteco vouchers can be used to pay online or at hundreds of thousands of retail outlets in over 195 countries, allowing people to spend, save, and send small amounts of Bitcoin to friends, family, and merchants. The company plans to use the funds from this round of financing for product development and market expansion in Latin America and Europe. (PRNewswire)
Web3 Social Graph Protocol CyberConnect Raises $5.4M in Public Offering on CoinList
Odaily News Web3 social graph protocol CyberConnect announced that its CoinList public sale has ended, each CYBER is priced at $1.8, and a total of $5.4 million has been raised. 532,000 users from 112 countries/regions participated in the public offering, and 11,540 participants purchased 3 million CYBERs available for sale, of which about 5,750 were from the priority queue and about 5,790 from the general queue.
It is reported that CyberConnect is a multi-chain decentralized social graph protocol, which has been deployed on the Ethereum mainnet, Polygon, and BNB Chain.
Fintech Firm Jia Closes $4.3M Funding Led by TCG Crypto
Fintech Firm Jia Closes $4.3M Funding Led by TCG Crypto
Odaily News Jia, a blockchain-based financial technology company, has completed $4.3 million in financing, led by TCG Crypto, and participating investors include BlockTower, Hashed Emergent, Saison Capital, and Global Coin Research. Individual investors include Not Boring founder Packy McCormick, Canonical Crypto's Anand Iyer and Jared Hecht, and fintech lending firm Fundera and CircleUp founder Rory Eakin.
Jia aims to provide loans to small and micro enterprises in emerging markets. This round of financing will be used to expand the markets in Kenya and the Philippines, and explore emerging markets in West Africa, Latin America and Asia. (TechCrunch)
Cloud cost optimization platform Antimetal closes $4.3M seed round led by Framework Ventures
Odaily's cloud cost optimization platform Antimetal announced the completion of a US$4.3 million seed round of financing, led by Framework Ventures, Chapter One, IDEO CoLab Ventures, Polygon Ventures, Alchemy Ventures, Builder Capital and other companies, as well as Starkware ecosystem director Louis Guthmann, Optimism software engineer Angel investors such as Kelvin Fichter, Waymont CEO Jai Bhavnani, and Saddle founder and CEO Sunil Srivatsa participated in the round, and the new funds will be used to expand the engineering team and continue to develop its platform.
Time-bound token infrastructure Hourglass raises $4.2 million led by Electric Capital
Time-bound token infrastructure Hourglass raises $4.2 million led by Electric Capital
Odaily News Time-bound token infrastructure Hourglass completed a $4.2 million seed round of financing, led by Electric Capital, with participation from Coinbase Ventures, Circle Ventures, Tribe Capital and Hack VC.
Anotherblock, a music NFT platform, completed a seed round of 4 million euros, led by Stride.VC
Anotherblock, a music NFT platform, completed a seed round of 4 million euros, led by Stride.VC
Odaily news music NFT platform anotherblock completed a seed round of 4 million euros in financing, led by Stride.VC, Swedish producer Axwell and Swedish House Mafia (Swedish House Mafia) participated in the investment. Funds from this round of financing will be used to drive further development of the company globally. (Tech.eu)
According to previous reports, in June 2022, anotherblock announced the completion of US$2.5 million in financing, led by Inventure, a Nordic venture capital institution, with participation from Maex Ament, founder of Centrifuge, Fredrik Haga, co-founder of Dune, and StableNode, a blockchain research and investment institution. In addition, a group of producers and artists also participated in the round, including Grammy-winning producer DannyBoyStyles and a number of publishers and labels.
It is reported that anotherblock was founded in 2021 by entrepreneurs Michel D. Traore, Sebastian Ljungberg and Filip Strömsten.
ZK Startup Lagrange Labs Closes $4M Funding Led by 1kx
Odaily news ZK start-up company Lagrange Labs completed a $4 million Pre-Seed round of financing, led by 1kx, Maven 11, Lattice Fund, CMT Digital, Daedalus Angels and others participated in the investment.
Funds from this round will be used to develop its ZK system for secure interoperability across different blockchain networks. (CoinDesk)
Digital Asset Data Provider PYOR Closes $4M Seed Funding Round Led by Castle Island Ventures
Odaily News Digital asset data provider PYOR announced the completion of a $4 million seed round of financing, led by Castle Island Ventures, Hash 3, Antler, Future Perfect Venture, Force Ventures, CoinSwitch Ventures, Coinbase Ventures and angel investor Balaji Srinivasan participated.
With the new financing, PYOR will drive the expansion of its core infrastructure and product platform by building out its digital asset interpretation layer and accelerating global institutional participation in digital assets. Additionally, the funds will be used to expand the team and recruit.
Asymmetry Finance, a liquid collateralized derivatives agreement, raised $3 million in financing, with participation from Republic Capital and others
Odaily news Asymmetry Finance, a liquid collateralized derivatives (LSD) agreement, completed a financing of US$3 million, with participation from Ecco Capita, Republic Capital, GMJP and Ankr. The company will “use these resources to further develop its liquidity staking protocol, recruit talent for the team, and onboard DeFi users to its platform.” The project is led by co-founders Justin Garland and Hannah Hamilton.
It is reported that Asymmetry’s main product is the safETH token, which represents a basket of liquid collateral derivative tokens, including Lido’s wstETH, Rocketpool’s rETH, Frax’s frxETH, Stakewise’s sETH 2 and Ankr’s ankrETH. Garland likens the token to an ETF for liquid collateralized tokens. (CoinDesk)
Decentralized AI integration platform AiONE completes $3 million private placement financing
Odaily News AiONE, a decentralized AI integration platform, announced the completion of a $3 million private placement financing. The project went live on the BNB Smart Chain this week.
AiONE mainly helps enterprises and project parties integrate artificial intelligence design into various business development processes. AiONE has launched its native token, AIONE. The utility of the token includes paying for infrastructure usage, making purchases through AI payment smart assistants, earning rewards through staking, participating in the decision-making process, and investing in AI projects. (U. today)
According to previous reports, in April this year, AiONE announced the completion of a US$1 million seed round of financing, with a group of private investors participating in the investment. The new funds will be used to accelerate the infrastructure construction of the AiONE platform, expand the ecosystem, and seek more strategic partners.
nChain invests £2.5m in 3D metaverse platform Planetary
Odaily News Web3 and blockchain technology manufacturer nChain announced that it has invested 2.5 million pounds in the 3D metaverse platform Planetary to purchase a 25% stake in it.
Planetary is a virtual 3D world where people can meet, work and play in a fully functional metaverse. Planetary aims to integrate the NFT community and provide users with a new play 2 earn model, with innovative features such as a customizable virtual space and various monetization options, the app provides new revenue opportunities for creators. (CoinGeek)
Arbitrum Eco-Money Market Protocol Dolomite Completes $2.5M Funding Led by DGH and NGC
Odaily News Dolomite, an Arbitrum-based money market agreement, completed a $2.5 million financing led by Draper Goren Holm (DGH) and NGC, Coinbase Ventures, WWVentures, RR 2 Capital, 6th Man Ventures, Token Metrics Ventures, Orchard Street Capital and Guanxi DAO Participate in voting. Individual investors include Matthew Finestone, Kyle Rojas, David Bleznak, Coinflipcanada, CryptoCondom, 1 chioku.eth, and slappjakke.eth.
It is reported that Dolomite supports spot and margin trading, over-collateralized lending and other functions.
Odaily News Web3 digital entertainment company AnotherBall completed an angel round of financing of US$2.2 million. This round of financing was led by Hiroaki Kitano, CTO of Sony Corporation, Jaynti Kanani, founder of Polygon, Suji Yan, CTO of Mask Network, Kevin Lin, Azuki, co-founder of Twitch Development company Chiru Labs consultant Rehito Hatoyama and others participated in the investment.
AnotherBall also announced the launch of "IZUMO", IZUMO is a VTuber virtual anchor project in the era of AI and Web3. Its mission is to use VTubing technology to build a sustainable development platform, so that everyone can live as they want in the Web3 space.
Odaily News Reasoned Art, an Italy-based Web3 digital art start-up company, announced the completion of a seed round of 1.4 million euros, led by South Korean investment fund Woori Technology Investment, LVenture Group, Rosario Bifulco, B-Heroes, MetaVenture Holding, Urania and several local Italian angels Investors participate.
Reasoned Art plans to use the new funds to enter the Korean market and develop its Monuverse project, which uses digital art and Web3 technology to preserve and enhance cultural heritage, while building a participatory ecosystem for experiencing art and culture. (EU-Startups)
Odaily News Founderz, a decentralized education platform, announced the completion of 1 million euros in financing, led by Oryon Universal and Sevenzonic, aiming to use decentralized education methods and training topics to provide human value to companies focused on digital projects and innovative projects.
Lifeform completes new funding round at $300 million valuation led by IDG Capital
Lifeform completes new funding round at $300 million valuation led by IDG Capital
Odaily News Recently, Lifeform, a provider of visual DID infrastructure, announced the completion of a new round of financing led by IDG Capital at a valuation of US$300 million. IDG Capital will be deeply involved in building a digital citizen world and provide Lifeform with more ecological partners. So far, Lifeform's seed round, A round and B round of financing have exceeded 10 million US dollars.
In March 2023, the number of registered users on the Lifeform chain surpassed pancake to 3.6 million, becoming the tool with the largest number of users on the BNB CHAIN chain. In the future, Lifeform will join hands with users to enter more ecological scenarios such as blockchain games and conferences to create a wonderful multiverse world.
PoseiSwap Raises New Round of Funding at $25M Valuation, Emurgo Ventures Participates
Odaily News PoseiSwap, the first DEX on the Nautilus Chain, has received a new round of financing from Gate Labs, Emurgo Ventures, Republic, and Cipholio Ventures at a valuation of US$25 million. The amount of financing has not been disclosed. Not long ago, PoseiSwap received $1.5 million in financing from Zebec Labs at a valuation of $10 million.
PoseiSwap is the first DEX on the Nautilus Chain. It not only provides services such as token transactions, liquidity provision services, liquidity mining, and staking, but also supports related transaction services for NFT assets, and will have privacy compliance features. In the future, PoseiSwap also plans to expand the scope of DeFi's influence from Web3 to the real world, and achieve this goal by integrating blockchain technology into the traditional financial system.
Odaily News According to official news, Cosmos ecological NFT blockchain Aura Network announced a partnership with LD Capital and was invested by LD Capital. Through this cooperation, it will promote the ecological development of Aura Network and aim to expand the Asian NFT blockchain market. Promote the adoption of NFT technology.
It is reported that Aura Network is the Layer 1 chain of the Cosmos ecosystem, which aims to promote the large-scale adoption of NFT in the Cosmos ecosystem.
ABCDE Capital announces investment in cryptocurrency derivatives trading platform CoinCatch
Odaily News ABCDE Capital announced on its social platform that it has invested in CoinCatch, a cryptocurrency derivatives trading platform, with an undisclosed amount. The platform focuses on social trading of KOLs, allowing KOLs to share trading strategies with their followers.
World Play League closes pre-seed funding round with participation from Genesis Vault Capital
Odaily News Web3 game publishing platform World Play League (WPL) announced the completion of the pre-seed round of financing, Genesis Vault Capital participated in the investment, the specific financing amount has not yet been disclosed.
WPL aims to create a community-owned Web3 game publishing platform, change the way gamers and game studios interact in the Web3 space, and enhance player participation and ownership. WPL has also built an SDK to simplify the publishing process of Web3 games and accelerate player user acquisition. WPL is currently in an exclusive alpha stage.
SIG DTI Strategically Invests in Crypto Options Trading Tool Provider Greeks.live
According to official news, Greeks.live, a provider of encrypted options trading tools, has received a strategic investment from SIG DTI, a digital asset investment subsidiary of options market maker Susquehanna International Group. This means that Greeks.live has successfully completed its Pre-A round of financing.
Greeks.live is ready to expand the service and bring innovative features and tools to our users to better meet their growing needs.
Donghao Securities invests in Web3 credit protocol Getaverse
Odaily News According to official sources, the Web3 credit protocol Getaverse has received investment from Sunfund Securities, and the investment amount has not been disclosed yet.
Getaverse and Donghao Securities will cooperate based on the construction of the DID credit system, expand policy supervision and traditional finance's embrace of blockchain, and help Real World Assets (RWA) link Web3.
Odaily News Mask Network announced the investment in the Telegram blockchain project The Open Network (TON), the two parties further build a decentralized social network ecosystem.
Mask and The Open Network will achieve deeper cooperation, and Mask's ecological project Next.ID can provide DID solutions for Fragment, a TON-based username auction platform. Mask Network continues to lay out the Web3 social ecology. It has previously acquired Pawoo.net, the second largest instance of Mastodon, and RARA, a social curation protocol.
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