One-week financing express | 21 projects have been invested, and the disclosed total financing is about 178 million US dollars (6.5-6.11)
According to Odaily’s incomplete statistics, there were 21 domestic and overseas blockchain financing incidents announced from June 5th to June 11th, a slight increase from last week’s data (19). , compared with last week's data (167 million US dollars) also has a certain increase.
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 June 7, WOW EARN, a decentralized mining startup, announced the completion of a $30 million Series A round of financing, with participation from Pinnacle Innovations Capital, Blue Horizon Ventures, Ascendant Growth Partners, Nexus Pioneers Capital, and Quantum Leap Ventures. Funding from this round will be used to expand the business, expand the development platform, and strengthen the community-based business strategy.
It is reported that WOW EARN owns a decentralized mining platform that allows users to participate in mining without any professional experience or mining equipment.
Blockchain e-receipt provider WaveBL completes $26 million funding led by NewRoad Capital Partners
On June 6, WaveBL, a blockchain-based electronic bill provider, announced the completion of $26 million in financing, led by NewRoad Capital Partners, with existing investors including ZIM, Marius Nacht, Contour Venture Partners, Frank Sica, and Techstars Central LLC, as well as new investors. Investors Reefknot Investments (backed by Temasek and Kuehne+Nagel) and others participated.
Using proprietary blockchain technology to transmit trade documents electronically, WaveBL's solutions enable instant, encrypted and authenticated transmission of electronic bills and related trade documents.
Taiko Completes $22 Million Funding Led by Sequoia China and Generative Ventures
On June 8, Taiko, an Ethereum second-layer network based on zkRollup, completed two rounds of seed financing totaling US$22 million. The first round of financing is US$10 million, led by Sequoia China, and will close in the third quarter of 2022. The most recent $12 million Series A funding round was led by Generative Ventures.
Other investors in Taiko Labs’ two funding rounds include IOSG Ventures, GSR, and GGV Capital, as well as angel investors such as POAP founder Patricio Worthalter, Tim Beiko of the Ethereum Foundation, and Anthony Sassano. Taiko did not disclose its valuation. (The Block)
On June 6, Bitcoin-denominated life insurance provider Meanwhile announced the completion of $19 million in two seed rounds. The first round was co-led by OpenAI CEO Sam Altman and former Stripe issuing head Lachy Groom. The second round was led by Gradient Ventures. Meanwhile, it plans to use the funding to hire a development team for its first product. (CoinDesk)
Lens Protocol Closes $15M Funding Round Led by IDEO CoLab Ventures
On June 8, Lens Protocol, a decentralized social protocol, completed $15 million in financing, led by IDEO CoLab Ventures, Tencent, General Catalyst, Delphi Digital, Fenbushi Capital, Kraken Ventures, Varian, Blockchain Capital, Flamingo DAO, DAOJones, Punk DAO , DAO 5, Global Coin Research and others participated in the investment.
Angel investors include Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur and investor Balaji Srinivasan, The Sandbox co-founder Sébastien Borget, Polygon co-founder Sandeep Nailwal, and more. Funds from this round will be used to help expand the protocol’s ecosystem.
On June 6, the encryption mining company Marathon Digital Holdings announced that it has signed a securities purchase agreement, and will purchase 15,000 shares of Series A redeemable convertible preferred shares through private placement at a price of US$952.38 per share, equivalent to 1,000 shares Approximately 5% discount on original issue of stated value in US dollars. Each share of the Series A preferred stock is convertible into common stock of the company at an initial conversion price of $14.52 per share.
Gross proceeds from the offering, before deducting the placement agent's fees and other estimated offering expenses, are expected to be approximately $14.25 million, which is expected to close on or about June 8, 2023. HC Wainwright & Co. is the exclusive placement agent for the offering. (Globe Newswire)
On June 8th, Web3 game launch platform and multi-chain game aggregation store HyperPlay completed $12 million in financing, led by Griffin Gaming Partners and Bitkraft Ventures, MetaMask parent company ConsenSys, Ethereal Ventures, Delphi, Game 7, Mirana Ventures, Monoceros Ventures, etc. Participate in voting.
HyperPlay plans to scale up, fully enhance its flagship game launcher, and expand its international reach. (Venture Beat)
Crypto Gaming Startup Argus Labs Closes $10M Seed Round Led by Haun Ventures
On June 7, San Francisco-based encrypted game developer and publisher Argus Labs completed a $10 million seed round of financing, led by Haun Ventures, Elad Gil, Balaji Srinivasan, Siqi Chen, Kevin Aluwi, Sunny Agarwal, Calvin Liu, Scott Moore, Robot Ventures, Anagram and Dispersion Capital also participated.
Meanwhile, Argus launched World Engine, a new blockchain-based software development kit designed to help other developers build and customize interoperable game worlds. (The Block)
Carbon-neutral blockchain app Nori raises $6.25M led by M 13, Toyota Ventures and others
On June 7, the carbon-neutral blockchain application Nori completed $6.25 million in financing, led by existing investors M 13, Toyota Ventures, Placeholder, and Cargill, bringing its total financing to $17.25 million. The new financing will be used to expand the company's footprint to support the sale of its largest-ever carbon removal credits in partnership with Bayer and prepare to expand the offering of carbon removal products in the market.
In addition, Nori hired Matt Trudeau as its new CEO, and CEO Paul Gambill, who served as Nori's co-founder for the past five years, will remain on the board and serve as chief product officer at the company. (Business Wire)
Cosmos core developer Informal Systems completes $5.3 million in financing led by CMCC Global
On June 7, Informal Systems, the core developer of Cosmos, completed a US$5.3 million financing, led by CMCC Global, with participation from Nascent, Maven 11, and individual investors from Celestia and EigenLayer. Funding from the round will be used to fuel the growth of Informal Security, the company's security audit arm. (The Block)
On June 8, TradingLeagues, an encrypted fantasy game application, completed a US$3.5 million Pre-A round of financing, with participation from Leo Capital, Jeejeebhoy Family Office, and KPB Family Trust. With the new funding, the company plans to grow its 750,000 user base into a community of millions over the next few months, with a focus on enhancing the app's user experience.
TradingLeagues aims to help users understand the stock and encryption markets through four games, and develop skills such as portfolio construction and intraday trading. Separately, the company plans to close a $10 million Series A round in the next few months. (The Economic Times)
Encrypted asset trading platform Ouinex completes $2 million Pre-Seed round of financing
On June 8, encrypted asset trading platform Ouinex completed a $2 million Pre-Seed round of financing, which will be used to launch its trading platform in early 2024. (Globenewswire)
On June 7, the Japanese entertainment platform T-Powers announced the establishment of an ecological partnership with the Web3 platform Cubic A, and led Cubic A’s $2 million seed round of financing to further open up Web2 and Web3 online and offline rights and promote digital entertainment. development in the field of culture.
T-Powers Group has more than 20 million social media followers and releases 12,000 works each year, and recently announced that it will trace back the infringement of its IP-related NFT without authorization.
Recently, Cubic A launched the token $DEED on BRC 20, and began to build the ecosystem Kaz of BTC Ordinals NFT. It is reported that Kaz’s SSVIP auction stage will start at 22:00 on June 7th, and the whitelist stage sales will start at 22:00 on June 9th.
On June 6, NFT data storage platform Dew Drops announced the completion of a $1.5 million seed round of financing, led by Dream Ventures, with participation from VaynerFund, Polygon Technology Fund, Ruttenberg Gordon Investments and Slow Ventures. This round of funds will be used to expand the size of the team and Accelerate platform development.
It is reported that Dew Drops is a digital collection company operating in the field of art and technology. Founded by Jeremy Levitan and Martin Holzner, Dew Drops aims to reduce technical barriers and improve the efficiency of exploring and discovering NFT digital collections.
Accelerator Startup Bitcoin Startup Lab Raises $1.5M Led by Sora Ventures
On June 8, Bitcoin Startup Lab, a Bitcoin pre-accelerator company, completed a strategic financing of US$1.5 million at a valuation of US$20 million, led by Sora Ventures. The accelerator is currently open for applications.
The Bitcoin Startup Lab aims to advance Web3 development for the Bitcoin network by supporting entrepreneurs building projects. Through its Startup Bootcamp program, innovators participate in a two-part training program covering concepts such as idea validation and business model development. Completing the first set of milestones will move applicants to the next stage, which includes tackling token economics design, building social media, and applying for grants and financing. (Crypto Slate)
On June 10, BlockSpan, an NFT application programming interface platform, announced the completion of a $1.4 million Pre-Seed round of financing, with Innovation Works participating in the investment. This round of funds will be used to accelerate the development of platform API functions and expand the team size in the coming months.
It is reported that BlockSpan can help users quickly access current and historical NFT data stored on various blockchains, and can also help software companies create Web3 and blockchain-based applications more easily.
Nealthy, a Web3 index investment firm, completes $ 1.3 million in financing
On June 7, nealthy, a Web3 index investment company, completed a $1.3 million Pre-Seed round of financing, with an undisclosed investor.
It is reported that nealthy builds a diversified investment portfolio for investors by storing a variety of digital assets in chain vaults and issuing index tokens.
Decentralized data broker Oamo closes $1.25M Pre-Seed round led by White Star Capital
On June 7, according to official news, Oamo, a decentralized data broker, announced the completion of a $1.25 million Pre-Seed round of financing, led by White Star Capital.
Oamo is coming to beta soon and the waitlist is currently open, giving users priority access to the first products released on Oamo.
According to reports, Oamo helps Internet users profit from the value of their own data, and earn rewards by anonymously sharing data in DeFi, NFT, games, wallets and other fields. The main components of the Oamo stack include DID, Data Lake, and Campaigns.
In addition, Oamo also provides user data analysis services for enterprises, and its current partners include Index Coop, Lighthouse World, Ledn, and Saddle Finance.
Web3 Music Platform Spinamp Completes $1.2 Million Funding Led by PTC Crypto
On June 5th, Web3 music platform Spinamp announced the completion of $1.2 million in financing, led by PTC Crypto, Coop Records, Archetype, NOISE, Fire Eyes DAO, 1kx participated, Bramanathan (Ideo), DegenDavinci (music NFT collector), Adam Levy (Mint Podcast), David Greenstein (Sound.xyz), Kyle Dhillon (Arpeggi), Mike Perry (Heds), Ramtin Khoee (Heds), Cameron Greer (Heds), and Christina Beltramini (Lens) also participated.
Currently, Spinamp has aggregated and indexed music NFTs from Sound, Catalog, Nina, Zora, NOIZD, Lens, Arpeggi, Decent, OpenSea Collections, Songcamp, HedsDAO, Manifold, and over 30 other smaller platforms and artists.
On June 6, Singapore-based private debt platform Kilde completed a US$1.115 million seed round of financing, with participation from Big Sky Capital, Borderless Capital, AXL ventures, the Algorand Foundation, and several angel investors.
The new financing will be used to accelerate its development and further develop its proprietary technology. With this infusion of capital, Kilde aims to enhance the capabilities of its platform, scale its operations, and expand its market reach.
In addition, Kilde will develop a blockchain-based fund management system "SafeBay" to help blockchain companies manage short-term financial assets and provide a full range of credit products on the compliant chain. Currently, SafeBay has reached a cooperation with the Algorand Foundation , which is scheduled to be launched in the third quarter of this year. (PR Newswire)
On June 6, Oxalus, a Vietnamese NFT social commerce platform developer, completed a US$1.1 million seed round of financing led by IDGCVB and Kyber Ventures. The new funding will be used to accelerate Oxalus platform data development and scale up the engineering team.
Oxalus' NFT social commerce platform allows users to interact online, learn about market news, and buy and sell NFT collections. Users can also comment, like, follow, and share directly on the platform, express themselves through creative content, and manage their own portfolio etc. The platform also offers an NFT aggregator as well as analytics tools. (Technode)
