According to incomplete statistics from Odaily, a total of 29 blockchain financing events at home and abroad were announced from September 25 to October 8, with the total disclosed financing amounting to approximately US$250 million.
In the past two weeks, the project with the largest amount of investment was the AI digital identity provider Prins AI (USD 100 million); the oracle solution Supra and the Web3 hotel platform Blackbird followed closely (USD 24 million).
The following are specific financing events (Note: 1. Sorted according to the announced amount; 2. Excludes fund raising and mergers and acquisitions; 3. *Represents companies in the traditional field where some of the business involves blockchain):
AI digital identity provider Prins AI completes US$100 million in Series B financing, led by AAB VC
On October 2, AI digital identity provider Prins AI completed a US$100 million Series B financing, led by AAB VC.
Prins AI will use this round of financing to continue its deep learning technology research and development work to launch more accurate, natural and efficient digital identity products; expand its team, including recruiting more technical talents to enhance product development capabilities, and expand marketing and sales team.
The Prins AI platform uses blockchain technology and smart contracts to record AI digital human training and application behaviors, and uses a cryptocurrency reward mechanism to allow users to participate in the AI digital human training program.
On September 28, the next-generation oracle solution Supra completed a total of more than 24 million US dollars in financing, with participation from Animoca, Coinbase Ventures, HashKey, Prosus Ventures, Razer, United Overseas Bank Venture Management, Valor Equity Partners, etc. Supra is developing an innovative cross-chain oracle and bridgeless communication network designed to achieve finality in 2 seconds.
Web3 hotel platform Blackbird completed $24 million in Series A financing, led by a16z Crypto
On October 5, Web3 hotel platform Blackbird announced the completion of a $24 million Series A financing. This round of financing was led by a16z Crypto, with participation from Amex Ventures and QED Investors.
Blackbird is designed to provide restaurants with loyalty and connectivity tools so every guest can dine like a regular. Click on Blackbird to gain access, rewards, perks and FLY loyalty points every time you dine out.
Web3 startup IYK completes US$16.8 million in seed round financing, led by a16z
On September 29, Web3 startup IYK announced the completion of a $16.8 million seed round of financing, led by a16z Crypto, with participation from 1kx, Collab Currency, Lattice Capital and gmoney.
IYK is a Web3 startup founded in 2021 that provides tools for brands such as Adidas and Johnnie Walker to help them connect the real and digital worlds. IYK enables brands, artists and creators to build digital physical experiences, helping them give back to their fans and stay connected to their communities.
On September 27, Ethereum infrastructure company Rated Labs completed a $12.888 million Series A round of financing, led by Archetype, with participation from Placeholder, 1confirmation, Cherry, Semantic, Robot Ventures, Chorus One, Factor, Maelstrom and others.
Rated Labs currently offers an Ethereum web browser, data API, and oracles, with plans to expand its offerings to multiple L1 chains over the next year, including Polygon, Solana, Cosmos, and Polkadot.
On October 5, Cicada Partners, an on-chain credit risk management company, completed a US$9.7 million Pre-Seed round of financing, led by Choppa Capital, with participation from Bitscale, Bodhi Ventures and Shiliang Tang. The funds raised will be used to fund multiple new non- The managed lending pool provides seed funding and conducts research and development on new blockchain lending use cases.
AIOPs platform Senser completes US$9.5 million in seed round financing, led by Eclipse
On September 28, Senser, an artificial intelligence operation and maintenance management (AIOPs) platform that can provide data analysis support for Web3 infrastructure, announced the completion of a US$9.5 million seed round of financing, with Eclipse leading the investment and Amdocs and others participating.
Senser can provide real-time intelligence based on eBPF technology to enterprise production environments, without any instrumentation or configuration analysis services, and supports cross-distributed systems; the product is currently deployed in the blockchain company ConsenSys.
On September 28, Fableborne, a blockchain game developed by Web3 game studio Pixion Games, posted on the Prime Capital, Blizzard Fund, Big Brain Holdings, Builder Capital, Avalaunch, ReadyPlayerDAO, and more.
AirDAO announces completion of financing, DWF Labs has invested $7.5 million in it
On October 3, AirDAO announced the completion of financing, and DWF Labs had invested US$7.5 million in it. The investment plan is divided into a one-year cliff period and a 36-month vesting plan. This investment is aimed at increasing larger scale adoption of the AirDAO ecosystem.
On October 5, Web3 social protocol Phaver completed US$7 million in financing. This round of financing was participated by Polygon Ventures, Nomad Capital, Symbolic Capital, dao 5, Foresight Ventures, Alphanonce, f.actor and Superhero Capital.
The new funding will be used to expand the team as well as product development and other partnerships. Phaver aims to help users join Web3 social platforms more easily and provide a Web3 entry experience similar to existing social platforms. Phaver has integrated its technology or social graph with the decentralized social network ecosystem Lens Protocol and the Web3 social network CyberConnect.
Fhenix closes $7 million in seed round led by Multicoin Capital and Collider Ventures
On September 26, Fhenix, a confidential blockchain powered by fully homomorphic encryption (FHE), announced that it has received US$7 million in seed round financing led by Multicoin Capital and Collider Ventures, with participation from Node Capital, Bankless, HackVC, TaneLabs and Metaplanet , other individual investors include Tarun Chitra and Robert Leshner of Robot Ventures. Funding from this round will be used to bring the Fhenix network to a public testnet early next year and support ecosystem application development.
Avantis Labs completes $4 million in seed round led by Pantera Capital
On September 27, DeFi derivatives trading platform Avantis Labs completed a $4 million seed round of financing. This round of financing was led by Pantera Capital, with participation from Founders Fund, Coinbase’s Base Ecosystem Fund and Modular Capital. The new funding will be used to grow its flagship product, Avantis, a perpetual contracts trading and market-making protocol.
On October 7, cryptocurrency startup Ostium Labs completed US$3.5 million in financing, with participation from General Catalyst, LocalGlobe, SIG and Balaji Srinivasan.
Co-founder Kaledora Kiernan-Linn said the new protocol being developed by Ostium Labs will support perpetual contract trading related to oil, Bitcoin and petroleum. It will also support trading on FX pairs for the Australian dollar, British pound, euro and Japanese yen.
On September 25, London-based blockchain cloud SaaS platform Cygnetise announced the completion of a £2.5 million Pre-A round of financing, led by the British investment group Adjuvo, and participated by American venture capital firm VC Massive and others.
On September 27, DeFi portfolio management platform Bril Finance completed a $3 million seed round of financing, with participation from FalconX, Kosmos Ventures and the Algorand Foundation.
Bril Finance uses algorithms and automated token deployment to adjust users’ positions. Bril Finance said it has launched its flagship product on the Sei chain and hopes to cooperate with Ethereum, Base, Avalanche, Polygon, Arbitrum and other chains.
On September 26, AnchorWatch, an insurance company that provides insurance for commercial entities holding Bitcoin, announced that it had received US$3 million in financing, led by Ten 31, Axiom BTC, Timechain, Bitcoin Opportunity Fund, UTXO Management (the asset management arm of Bitcoin Magazine and Bitcoin Conference organizers) and other institutions participated in the investment.
It is reported that Trident Vault is the first Bitcoin vault designed for commercial use, introducing key holder qualifications and time-locked consumption conditions to achieve on-chain compliance and governance.
On October 6, privacy infrastructure provider Fairblock completed a $2.5 million pre-seed round of financing, led by Galileo, with participation from Lemniscap, Dilectic, Robot Ventures, GSR, Chorus One, Dorahacks and Reverie.
Fairblock aims to make conditional decryption and pre-execution privacy a reality. Conditional decryption refers to allowing users to set conditions that enable the protocol to execute transactions without revealing any on-chain information before execution. Unlike zero-knowledge (ZK) technology, Fairblock is designed so that information is only encrypted or decrypted under specific conditions.
Convergence RFQ completes US$2.5 million in pre-seed round of financing, led by C² Ventures
On October 5, Solana ecological DEX Convergence RFQ completed a $2.5 million pre-seed round of financing at a valuation of $30 million. C² Ventures led the investment, and Big Brain Holdings, Israel Blockchain Association, Auros Global, etc. participated.
Convergence RFQ will support spot and derivatives trading and is expected to launch early next month, with hopes of expanding to Arbitrum. Additionally, Convergence RFQ has set the trading ticker symbol for its governance token to be CVG.
On October 3, GameFi platform NexGami announced the completion of a $2 million seed round of financing, with participation from Polygon Ventures, Fundamental Labs and Ledger Capital, with a post-money valuation of $20 million.
It is reported that NexGami is committed to providing seamless integrated solutions for game products and enhancing the gaming experience of users within the Polygon network, and introducing outside game users into the GameFi ecosystem.
On October 3, Tokenize.it, a token-based corporate financing and employee participation platform, announced the completion of a €2 million seed round of financing, with participation from High-Tech Gründerfonds (HTGF), w 3 fund and Seed+Speed, as well as a group of business angel investors. .
On October 5, L1 Advisors, an on-chain wealth and asset management protocol, completed a US$1.6 million seed round of financing, including a US$1 million strategic investment from VanEck, with participation from Ironclad Financial, Ismail Jai Hokimi and others, to build on-chain wealth and Operating system for asset management.
On September 25, crypto infrastructure Pimlico announced the completion of a $1.6 million Pre-Seed round of financing, led by 1confirmation, with participation from Safe and Consensys. Pimlico will work to expand the platform and facilitate Ethereum’s transformation into smart accounts.
On September 26, according to official news, the liquidity re-pledge platform Restake Finance announced the completion of a $500,000 seed round of financing, with participation from AlfaDAO, DCD, Yields and More, Moni, etc.
On September 27, Zunami Protocol, a decentralized stablecoin income protocol, completed an angel round of financing. Participants included Cream Finance, and individual investors included Curve founder Michael Egorov, Mr. Block, Twitter users named C2tP and Winthorpe. Convex member, Twitter name Hubirb and other Stake DAO contributors, AladdinDAO core contributor pauls, etc. This round of financing will be used to develop and audit Zunami V2, which is scheduled to be launched in November.
On September 28, according to official news, blockchain service startup CryptoCoco completed hundreds of thousands of dollars in seed round financing, with Skyland Ventures participating in the investment.
It is understood that CryptoCoco is a start-up company that provides blockchain-related services. Its main product is the NFT market development platform CocoShop. Its business includes NFT issuance, NFT market development, other system development based on blockchain, and consulting services.
On September 28, digital asset reporting and transaction reconciliation platform KYAX completed a strategic round of financing, with blockchain consulting company Appold participating in the investment. The specific financing amount has not yet been disclosed.
KYAX will use the new funds to provide institutional-level customers with digital asset management reporting tools that meet regulatory requirements and help them achieve digital asset compliance management.
On September 30, Web3 super application ParaX announced that it had received strategic financing from Metalfa, a Hong Kong digital asset wealth management company. The specific amount has not yet been disclosed. Since its launch at the beginning of the month, ParaX TVL has exceeded $45 million and has over 1,700 users.
On October 3, Fountain, an on-chain art brokerage company, announced the completion of financing, with an undisclosed amount. Fountain was incubated by Flamingo DAO, with participation from Collab+Currency, Sfermion, VonMises, Cozomo de Medici, 6529 Capital, etc.
Fountain is an art brokerage platform, and the product is designed to serve two groups - members of the traditional art community and crypto natives. This product provides users with pure peer-to-peer OTC trading services.
On October 3, the Accumulated Finance team announced that the liquidity pledge platform Accumulated Finance V2 has completed a new round of private placement financing. Curve, De Facto Capital, Stake DAO, etc. participated in the investment, and the financing amount has not been disclosed.
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