One-week financing express | 29 projects have been invested, and the disclosed total financing is about 260 million US dollars (5.22-5.28)
According to Odaily’s incomplete statistics, a total of 29 domestic and overseas blockchain financing incidents were announced from May 22 to May 28, which is a slight decrease from last week’s data. The disclosed total financing is about 260 million US dollars. The figures also declined.
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):
Worldcoin Completes $115 Million Series C Funding Led by Blockchain Capital
Odaily news OpenAI CEO's encryption project Worldcoin development company Tools for Humanity announced the completion of $115 million in Series C financing. This round of financing was led by Blockchain Capital, with participation from a16z, Bain Capital Crypto and Distributed Global. This round of financing will be used to accelerate the research and development and growth of the Worldcoin project and the World App, the first encrypted wallet in the Worldcoin ecosystem.
Worldcoin is an open-source protocol supported by a global community of developers, individuals, economists, and technologists committed to expanding participation in and access to the global economy. The Worldcoin Foundation is the steward and will support and grow the Worldcoin community until it becomes self-sufficient. Tools for Humanity helped launch Worldcoin and currently serve as an advisor to the World App Foundation and operators. (CoinDesk)
Encrypted trading platform Growminer receives $48 million in strategic financing
Odaily News Cryptocurrency trading platform Growminer announced that it has received US$48 million in strategic financing, claiming that the world's top funds, investment groups and professional investment institutions participated in the investment, but the specific investor information has not yet been disclosed.
Growminer mainly provides trading tools for institutional and individual investors. It is currently in the process of regulatory approval and is expected to land next month. The new funds will be used for team expansion, product improvement and accelerated market penetration, with plans to expand services to the global digital economy. (digital journal)
Web3 game studio Pomerium raises $20 million in angel funding
Odaily News Web3 game studio Pomerium announced that it has received 20 million US dollars in angel investment. The collective investor has not disclosed yet. The new funds will be used to expand the blockchain-based game portfolio and promote Web3 game innovation.
It is reported that Pomerium, established in February 2022, is a Web3 multi-game platform focusing on mobile games. The platform's token economy aims to create a sustainable mobile gaming ecosystem. Pomerium plans to expand its services in the GameFi market in the coming years.
In addition, Bitget has listed PMG, the Pomerium ecological token.
Media company Semafor has raised $19 million to buy back SBF's investment stake
Odaily news media company Semafor has raised 19 million US dollars, investors include Yahoo co-founder Jerry Yang and KKR & Co co-founder Henry Kravis, etc., to replace the former FTX CEO SBF's investment.
Semafor, co-founded by former Bloomberg Media CEO Justin Smith and New York Times media columnist Ben Smith, went live last October. Semafor's total funding to date is $34 million. (Reuters)
Odaily News Blockchain energy trading platform UrbanChain announced the completion of 5.25 million pounds (about 6.48 million U.S. dollars) A round of financing, led by Eurazeo. With the new funding, UrbanChain will expand into new international markets, starting with Ireland.
UrbanChain is currently running a P2P energy trading platform in the UK. The platform uses blockchain and artificial intelligence systems to match renewable energy generators and consumers, allowing users to obtain reasonable electricity prices, thereby reducing electricity bills for businesses and households.
It is reported that UrbanChain has previously received substantial investment from Innovate UK and the Department for Energy Security & Net Zero. (About)
DWF Labs Forms Strategic Partnership with GensoKishi, Provides $6M in Long-Term Funding
Odaily News DWF Labs has reached a strategic partnership with GensoKishi, an open metaverse and GameFi platform, and will provide it with long-term financial support of US$6 million (approximately 810 million yen). GensoKishi plans to use the new funds to focus on building a creator platform and foster a user market in a transactional environment. In addition, GensoKishi will launch UGC tools to build a global community in the Metaverse. (CryptoSlate)
Digital bank Onyx Private completes $4.1 million in financing, Y Combinator and others participate
Odaily news digital bank Onyx Private announced the completion of $ 4.1 million financing, Village Global, Y Combinator, Global Founders Capital, One Way Ventures, 186 Ventures and Olive Tree Capital participated in the investment.
It is reported that Onyx Private has partnered with Piermont Bank to provide digital banking services, including checking accounts, debit cards, and cashback for payments and shopping. Onyx Private provides users with high-yield, fixed-income portfolio products. Its investment services are managed by Helium Advisors, and brokerage accounts are managed through Pershing, the clearing house of BNY Mellon. (TechCrunch)
Metaverse game BurgerCities raises $4M at $50M valuation, led by Vega Ventures
According to official news from Odaily, the blockchain-based metaverse game BurgerCities completed a strategic financing of US$4 million at a valuation of US$50 million. Vega Ventures led the investment, and SANYUAN Labs and Bitfly Capital participated.
This round of financing will be used to promote the development of the BurgerCities ecosystem, such as improving the combat system, developing a multi-chain ecosystem, enriching gameplay, adding guild systems, friend systems, etc., as well as expanding the development team, speeding up the construction of the game ecosystem, and cooperating with other The project cooperates to hold large-scale events.
Web3 Creator Community App PoPP Completes $4 Million Angel Round Funding
Odaily News Web3 creator community application PoPP announced the completion of an angel round of financing of 4 million US dollars. PoPP’s valuation reached 40 million US dollars. Foresight Ventures led the investment, and several institutions and individuals participated in the investment. The new funds will support PoPP to continue to invest in product development iterations after it goes online And creator incentives, the recent products will be launched on the App Store and open beta.
It is reported that PoPP uses blockchain technology to build users' personal metaverse social relationships, and supports users to issue programmable soul-bound tokens and NFTs to carry their social relationships, organizational relationships, equity certificates and works, allowing the community to Contributors earn income and help users discover more valuable content on the platform.
Distributed routing protocol Syntropy completes $4 million in financing
Odaily News Distributed routing protocol Syntropy announced the completion of $ 4 million in financing, investors include Alpha Transform Group, Alphemy Capital, Denali Digital, Saxon Ventures and FirstBlock Capital, etc. Syntropy plans to launch new Web3 products during Aptos Hack Holland.
It is reported that Syntropy is transforming the public Internet into a secure and user-centric Internet through a unified layer, which has built-in encryption and optimized performance, and automatically enables everything connected to it.
Odaily News LabDAO, a decentralized autonomous organization focused on open source drug research and development, completed $3.6 million in financing, co-led by Inflection.xyz and Village Global, North Island Ventures, Seed Club Ventures, ID Theory, Road Capital, Curve Labs, gmjp.lol, Molecule, Gnosis DAO, The LAO, Orange DAO, Beaker DAO, Spaceship DAO, and former Coinbase CTO Balaji Srinivasan participated in the investment.
Web3 app development platform Sort raises $3.5 million in seed round led by Lemniscap
Odaily News Web3 application development platform Sort received $3.5 million in seed round financing, co-led by Lemniscap and The General Partnership, this round of funds will be used to expand the team and advance the platform's product suite.
It is reported that Sort is a developer-oriented platform that facilitates building smart contracts into Web3 applications. (CoinDesk)
Odaily News Firechain, an asynchronous smart contract platform, recently announced the completion of a $3 million Pre-Seed round of financing, led by Genblock Capital, with participation from MGNR, Cogitent Ventures, 1 NVST, and Ankr. Funds from this round will be used to scale the team, accelerate its development roadmap, and launch its innovative blockchain platform.
It is reported that Firechain builds an asynchronous, event-driven hybrid ledger model architecture to support functions such as free transactions and provable randomness on the security chain. Firechain plans to release a public testnet for its DLT network in June.
Openfort Raises $3M Seed Round Led by Gumi Cryptos Capital
Odaily News Encryption infrastructure startup Openfort has raised $3 million in seed funding to develop its "wallet-as-a-service" software product for game developers and publishers. The round of financing was co-led by Gumi Cryptos Capital and Maven 11 cast. Game 7, NGC Ventures, and Newman Capital also participated in the round.
Openfort's wallet will support the Ethereum Virtual Machine (EVM). Openfort focuses on enabling developers to implement abstracted features such as pre-approved transactions and transaction-bundled accounts. (Decrypt)
Odaily News Moondance Labs, an application chain infrastructure protocol Tanssi Network development company, announced the completion of a $3 million seed round of financing, led by Arrington Capital, with Borderless Capital, HashKey Capital, D 1 Ventures, Hypersphere, C² Ventures and Jsquare participating. The Tanssi Network testnet is expected to launch later this year, with the mainnet launching in 2024.
Orbofi AI received $2.8 million in financing, led by Cogitent Ventures, OIG Capital and others
Odaily News Orbofi AI announced that it has received $2.6 million in funding through token sales. The private placement round was led by a consortium of well-known venture capital firms, including Cogitent Ventures, OIG Capital, CSP DAO, Zephyrus Capital, and Halvings Capital, among others. The company plans to use the funding to grow its engineering and expansion teams. Additionally, the funds are expected to accelerate the launch of its mobile app, which is scheduled for the third quarter of 2023.
It is reported that Orbofi AI will release an API designed to enable developers and web2 and web3 applications to seamlessly integrate the Orbofi AI engine into their platforms. Currently, there are 95,000 users. (The Block)
FastLane Labs, the developer of Polygon's ecological MEV solution FastLane, announced the completion of a $2.3 million seed round of financing, led by Multicoin Capital, with venture capital from Polygon Ventures, Shima Capital, Delphi Ventures, Everstake Ventures, a 41 Ventures and Polygon co-founder Sandeep Nailwal Investment fund Symbolic Capital participated in the investment.
It is reported that the FastLane protocol focuses on generating revenue for validators, as well as improving the efficiency of algorithmic traders, and minimizing redundant transactions on the network of network participants without installing or managing custom software on validators.
Odaily News GoodGang Labs, a Singaporean communications company based on avatars, announced the completion of a US$2 million seed round of financing, with Kakao Investment as the investor.
This round of financing will be used to build a 3D environment kiki town. GoodGang Labs will also launch GangHouse for Web3, allowing users to communicate in real time using NFT as a medium.
GoodGang Labs has previously received investments from Naver, Kimgisa Lab, Naver Z and Planetarium, with an undisclosed amount. (Technode)
Odaily News Web3 MOBA competitive game Arena of Faith announced the completion of a $1.75 million seed round of financing, led by Chain Hill Capital and followed by Initiate Capital.
Arena of Faith focuses on serving the MOBA e-sports ecology and building a decentralized event system. It is committed to better adapting to the needs of users in the current MOBA market through the Web3 business model, serving KOLs, content creators, event organizers, e-sports Clubs and e-sports enthusiasts build bridges and provide new commercialization ideas.
Loot Labs Closes $1.5M Pre-Seed Funding Led by BITKRAFT Ventures
Odaily news Web3 loot box development company Loot Labs completed $1.5 million Pre-Seed round of financing, led by BITKRAFT Ventures, Polygon Ventures, Mechanism Capital, Lofty Ventures Syndicate and video game anchor Hammoudi Yassuo Abdalrhman participated in the investment, the new funds will be used for Web3 Product development, marketing efforts, and partnerships for loot boxing platform Boxed.gg to increase community engagement with existing properties.
Odaily News DeFi protocol Num Finance announced the completion of US$1.5 million in financing. Stablecoin developers Reserve, H 2 O Scouter Fund, Ripio Venture, VC 3 DAO and Auth 0 Chief Technology Officer Matias Woloski participated in the investment.
Num Finance said it will expand its stablecoin offering within the next month and also develop a real world asset (RWA) product. (CoinDesk)
Odaily News Web3 game publisher BoomLand completed a $1 million Pre-Seed round of financing, Polygon, Game 7, MagicEden, Hyperithm and some private investors participated in the investment.
BoomLand has previously completed its soft launch and first NFT sale, and its first blockchain game, Hunters On-Chain, is scheduled to be released later this month. (Cointelgraph)
Blockchain startup Nutrios completes $500,000 in financing, Aptos Labs and others participate
Odaily News Blockchain startup Nutrios announced the completion of $500,000 in financing, with participation from Aptos Labs and Monoceros.
It is reported that Dinder APP, a blockchain food matching application launched by celebrity chef James Briscione, was developed by Nutrios. Users can swipe right or left on food photos, and Dinder APP's artificial intelligence algorithm will learn about customer preferences over time. And to provide ordering services, the "liked/liked" food will be embedded in the blockchain social graph, and the application is currently undergoing beta testing in the Miami market.
Odaily News Houdini Swap, a digital asset privacy trading tool, completed a financing of 250,000 US dollars, and Theia Blockchain participated in the investment. Funds from this round of financing will be used to accelerate product and technology development.
It is reported that Houdini Swap allows users to send anonymous cryptocurrency, Swap and cross-chain transactions, aiming to provide a privacy-as-a-service (privacy as a service) infrastructure layer and compliant anonymous transaction solutions for protocols, DEX, wallets, etc. (Digital Journal)
Odaily News Web3 game ecosystem Metagame Industries has completed a valuation strategy round of nearly 100 million US dollars. Investors include Sui public chain developer Mysten Labs, game developer Funplus/Xterio Ecosystem Fund, 2 Moon Capital, Big Brain Holdings, Chainhill Capital, MH Ventures, D Web3 Capital, ZeroX Fund, GMA, etc.
It is reported that Metagame Industries' new round of financing aims to accelerate the development of its game Abyss World. Abyss World is the first AAA game in the Sui ecosystem with the participation of Mysten Labs. Currently, Abyss World has 120,000 reservations on the global Steam wish list. The project has started the whitelist invitation activity, and will conduct IDO in the near future.
Odaily News Narwhal Finance, a decentralized perpetual trading platform operating on Arbitrum and BNB Chain, announced the completion of strategic financing at a valuation of US$25 million. This round of financing was participated by Animoca Ventures, Hailstone Ventures and angel investors.
At the same time, Narwhal Finance also announced the establishment of an oracle service partnership with Pyth Network, and a Token bridging service partnership with Wormhole. (chainwire)
Bitfinex invests in Chilean cryptocurrency trading platform OrionX for an undisclosed amount
Odaily News Bitfinex has invested in OrionX, a Chilean cryptocurrency trading platform, with an undisclosed investment amount aimed at expanding the Latin American market.
It is reported that OrionX was established in 2017 to provide cryptocurrency trading and wallet services in Chile, and plans to expand its business to countries such as Peru, Colombia and Mexico. (CoinDesk)
Odaily news DeFi oracle machine RedStone Oracles announced the completion of angel round financing, Aave founder Stani Kulechov, Polygon co-founder Sandeep Nailwal, zkSync co-founder Alex Gluchovski, Avalanche co-founder Emin Gun Sirer, GMX core contributor Coinflipcanada and others participated in the investment.
RedStone Oracles said that since its inception in 2021, it has raised $7.5 million in financing from Web3 VCs including Lemniscap, Blockchain Capital, Coinbase Ventures and others.
Bitcoin domain name project BTCDomain completes angel round financing
Odaily News According to official news, BTCDomain, the bitcoin ecological domain name project, announced the completion of angel round financing. Investors include Wang Feng, founder of Element and LK Venture, Kevin Shao, founder of Bitrise Capital, and Waterdrip Capital, an investment institution.
After this round of financing, BTCDomain will further create the application scenarios of Bitcoin domain names, and promote the broader development of Bitcoin ecology in areas such as ZK analysis, wallet payment, on-chain websites, and decentralized social networking.
