According to Odaily’s incomplete statistics, a total of 44 blockchain financing incidents at home and abroad were announced during the week from January 31 to February 6, a significant increase from the previous week; excluding Binance’s $200 million investment in Forbes, Compute North The US$300 million in debt financing and the 11 million initial liquidity financing of MetaStreet have disclosed that the total amount of financing is about US$1.2933 billion, which is also a significant increase from the previous week.
Last week, there were 5 projects with a financing amount of more than US$100 million, including Ethereum expansion solution Polygon (US$450 million), and Bitcoin mining infrastructure company Compute North (US$385 million, including US$300 million in debt financing) , encryption infrastructure company Alchemy ($200 million), encryption startup Aleo Systems ($200 million), Forbes ($200 million). In addition to these projects, there are many projects that have completed tens of millions of dollars in financing, including Metaverse Investment Company Everyrealm, Philippine Exchange PDAX and so on.
The following are the specific financing events (Note: 1. Sorting according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
The following are the specific financing events (Note: 1. Sorting according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
financingfinancing, led by Sequoia India
Polygon, an Ethereum scaling solution, completes $450 million in financing led by Sequoia Capital India, SoftBank, Tiger Global, Galaxy Digital, Republic Capital, Makers Fund, Alameda Research, Alan Howard, Alexis Ohanian, Steadview Capital, Elevation Capital, Animoca Brands, Spartan Fund, Dragonfly Capital, Sino Global Capital, Variant Fund and Kevin O'leary participated in the investment. Polygon is aggressively expanding its portfolio of Ethereum scaling solutions and working to attract a larger developer ecosystem.
Polygon co-founder Sandeep Nailwal said in an interview that Polygon has spent nearly $1 billion in recent quarters to acquire companies to expand its product range. (Tech Crunch)
Bitcoin mining firm Compute North completes $385 million in equity and debt financing
Bitcoin mining infrastructure company Compute North has completed $385 million in equity and debt financing. The US$85 million equity financing was jointly led by Mercuria and Generate Capital, and National Grid Partners, a subsidiary of National Grid, participated in the investment. A $300 million debt financing was also funded by Generate Capital. Compute North refers to the equity round as its Series C round and the overall round as its growth capital round.
Minnesota-based Compute North plans to use the new funds to open new colocation facilities in Nebraska, North Carolina and Texas, among other U.S. states. Compute North founder and CEO Dave Perrill declined to say how many new facilities the company plans to open, or their total capacity, but said several facilities are in various stages of development. (The Block)
Alchemy raises $200 million at $10.2 billion valuation led by Lightspeed and Silver Lake
Alchemy, an encryption infrastructure company, completed $200 million in financing at a valuation of $10.2 billion, led by Lightspeed and Silver Lake, and participated by several existing investors. The company plans to use the new funds to promote Web3 adoption, with some initiatives including the launch of Web3 University, an open educational resource for learning about Web3, Alchemy Ventures and an NFT API for website developers.
Alchemy reports that since October last year, the number of Web3 initiatives built on its platform has tripled, and the daily number of API calls from Web3 applications connected to the platform has also increased by 6,000%.
On October 28 last year, Alchemy announced the completion of a US$250 million Series C financing led by a16z, with a post-investment valuation of US$3.5 billion; in April last year, Alchemy announced the completion of US$80 million in Series B financing at a valuation of US$505 million. Coatue and Addition led the round, with participation from DFJ Growth, K5 Global, Chainsmokers, actor Jared Leto and the Glazer family. (Cointelegraph)
Aleo Completes $200 Million Series B Funding Led by SoftBank and Kora Management
Aleo Systems Inc, an encryption start-up company, completed a US$200 million Series B round of financing, led by SoftBank and Kora Management, and participated by Andreessen Horowitz (a16z), Tiger Global, and Samsung Ventures.
It is reported that Aleo Systems Inc has promised to launch its programmable privacy network Aleo Blockchain later this year. Aleo COO Alex Pruden stated that Aleo will facilitate privacy-centric DeFi programmability. (CoinDesk)
Binance, the world's largest cryptocurrency exchange, is making a $200 million strategic investment in 104-year-old magazine and digital publisher Forbes, CNBC has learned.
The funds will help Forbes execute its planned merger with a public special purpose acquisition company (SPAC) in the first quarter, according to people familiar with the matter. The investment will make Binance one of Forbes' two largest shareholders, and Binance will appoint two directors to Forbes' board of directors (nine seats in total). Forbes will be listed on the New York Stock Exchange under the ticker symbol "FRBS."
Metaverse investment company Everyrealm completes US$60 million in Series A financing, led by a16z
Metaverse investment company Republic Realm announced that it changed its name to Everyrealm and completed a $60 million Series A round of financing, led by a16z, Coinbase, NGC Ventures, Dragonfly Capital, Hashed, Animoca Brands, Dapper Labs, The Sandbox, Lightspeed, Griffin Gaming Partners, LibertyCity Ventures, Foresight Ventures and others participated in the investment. The list of individual investors also includes a string of celebrities and entertainment icons, including rappers Nas and Lil Baby, socialite and reality TV star (NFT founder) Paris Hilton, KISS rocker Gene Simmons, and film producer Jeffrey Katzenberg . Sebastien Borget, co-founder and chief operating officer of The Sandbox, and Jeff Zirlin, co-founder of Axie Infinity, also participated in the investment.
It is reported that Everyrealm shapes the metaverse through investment, management and development of assets, including NFT, virtual real estate, metaverse platform, games and infrastructure, etc. The company paid a record $4.3 million for a plot in The Sandbox in November, and also owns plots in metaverse games like Decentraland and Somnium Space. In total, the company owns more than 3,000 NFTs and has invested in 25 different game worlds. (Decrypt)
Philippine digital asset exchange PDAX announced the completion of US$50 million in Series B financing, led by Tiger Global, with participation from Kingsway Capital, Jump Capital, Draper Dragon, Oak Drive Ventures, DG Daiwa Ventures, Ripple, UBX Ventures, BEENEXT and Cadenza Capital Management .
The round was used to build regulated plug-and-play solutions for metaverse apps, fintech and digital banking apps. (Business World)
Canadian encryption trading platform Newton Crypto announced the completion of a $20 million Series B round of financing at a valuation of approximately $200 million. DV Chain and CI Financial led the investment, and Singh Capital Partners, Anthony Pompliano, Tiny Capital, and Snowdevil Capital participated.
Newton Crypto will use the new financing to further develop its technology, platform and infrastructure, recruit more talent, develop its marketing and distribution channels to increase user acquisition, and provide support for general operations.
NFT market Ethernity announced that it has raised $20 million for its new studio Ethernal Labs, Black Edge Capital, former "League of Legends" producer Thomas Vu, Kenetic, former Google CEO Eric Schmidt, Morningstar Ventures, Fanatics boss Michael Rubin and Polygon Studios and others participated in the investment. Ethernal Labs is a tech studio and incubator dedicated to helping others (e.g. artists, athletes) launch their own NFTs and tokens and join the Metaverse.
Bitcoin payment provider OpenNode completes $20 million financing
Bitcoin payment provider OpenNode has completed a $20 million Series A round of financing with a valuation of $220 million. The British company Kingsway led the investment, and Twitter, venture capitalist Tim Draper and Avon Ventures, a venture capital fund affiliated to Fidelity Investments, participated in the investment. Funds raised will be used to fuel its global expansion. (Coindesk)
Digital fraud prevention solution Sardine completes US$19.5 million Series A financing led by a16z
According to official news, Sardine, a digital fraud prevention solution, completed a $19.5 million Series A financing led by a16z. XYZ, SweatEquity Ventures, 11.2 Capital, Village GlobalNYCA and Experian Ventures, as well as more than 30 angel investors in the financial technology and encryption fields participated in the investment .
Sardine aims to eliminate the delays and risks associated with transferring funds between traditional banks and bank cards to encrypted and digital wallets, and develop a behavior-based fraud and compliance platform. The core of which is the Sardine fraud engine, which analyzes the user's identity, device and Behavioral signals to risk score trades in real time. This helps deter fraud during new customer onboarding, account funding, and access to and from digital wallets.
DAO liquidity provider Rift Finance raises $18 million led by Pantera Capital
DAO liquidity provider Rift Finance completed $18 million in financing, led by Pantera Capital, with participation from Two Sigma Ventures, Coinbase Ventures, Spartan Group, Defiance Capital, Hashed, Jump Capital, Vessel Capital and Morningstar Ventures, and angel investors including Terra Do Kwon of Aave, Stani Kulechov of Aave, Sandeep Nailwal of Polygon and Joseph Naggar of Goldentree Asset Management. The new financing will be used to build its team and DAO community, as well as create infrastructure.
MetaStreet, an NFT mortgage lending platform, announced the completion of $3 million in seed round financing and $11 million in initial agreement liquidity. MetaStreet plans to use seed round financing to support its expansion plans, while initial agreement liquidity is used to start mortgage loans during market education Activity. The round was led by Dragonfly Capital, with participation from Ethereal Ventures, Sfermion, Nascent Capital, Delphi INFINFT, Alliance, Seed Club Ventures, Animoca Brands, Republic Realm, Volt Capital, Kerve Capital, CMT Digital, Bitscale Capital, QCP Capital, BigBrainHoldings and Taureon Wait to vote. (PR News Wire)
Salad Ventures Completes $13.5 Million Financing, Polygon Studios and Others Participate
Salad Ventures, a blockchain and Play-to-Earn think tank, completed $13.5 million in private equity financing, with participation from Alameda Research, C2 Ventures, Crossbeam Venture Partners, Foundation Capital, Gemini Frontier Fund, Winklevoss Capital, Polygon Studios, and LD Capital. So far, Salad Ventures has raised a total of $15.5 million in funding through two rounds of financing.
Salad Ventures will use this round of financing to build GuildOS, an operating system for managing P2E game guilds. The company plans to launch GuildOS in the first half of 2022. (Games Beat)
Social trading platform Tradelize completed a seed round of financing at a valuation of US$13 million, NGC Ventures, Digital Strategies, Crypto Venture Capital, Consensus Labs, CoinW, NFV, JL Capital, 7 O'Clock Capital, CatcherVC, Mint Ventures, Cryptomeria Capital, Redline Capital, Kirin Fund and others participated in the investment. (Cointelegraph)
Sup, the parent company of NFT project Blitmap, announced the completion of a $12 million seed round of financing, led by Paradigm. Founded by Dom Hofmann, Blitmap is a decentralized sci-fi storytelling project where the content of stories can be decided by the community. Hofmann is the co-founder of the now-defunct short video platform Vine and the creator of the NFT project Loot.
As an Ethereum-based NFT project, users who own a Blitmap NFT can collectively decide key features of the story world, such as who is the enemy. The community also guides decisions about merch, with potential "play-to-earn" capabilities. According to OpenSea data, as of press time, the floor price of Blitmap NFT is 8.9 ETH (approximately $26,900). (The Block)
Blockchain startup Pyypl completes $11 million Series A funding
Pyypl, an international start-up company based on blockchain technology, has completed its A-round financing of US$11 million, with multiple international family offices and high-net-worth individuals participating in the investment. It is reported that Pyypl provides smartphone users with digital payment and financial services, and can conduct online transactions without a bank account or credit card.
Turkish investment app Midas raises $11 million
Midas, a Turkish retail investment startup, announced that it has completed $11 million in equity financing, led by Spark Capital and Earlybird Digital East Fund, with participation from Nigel Morris and Revo Capital. Midas launched in April 2021 with a huge waiting list and has now traded over $100 million on the platform. Launched less than a year ago, Midas has a team of 70 in Istanbul. Funds raised will be used to launch cryptocurrency products, build infrastructure for investment products for banks and neobanks, and expand the user base. (Finextra)
Kyro Digital announced the completion of a $10 million Series A round of financing. Avalanche, Polygon, Rally, and Tezos chain crypto venture funds participated in the investment, and Decasonic, Drive Capital, and Fenbushi Capital provided strategic investment.
Kyro Digital said the company is building the infrastructure to create crypto stores for NFTs and DAOs. Kyro also claims that users will be able to use the platform to build more utility into their NFTs, including rewards programs, event tickets, and memberships. (CoinDesk)
ssv.network raises $10 million through "DAO Partner Program"
Open source and decentralized protocol ssv.network announced $10 million in funding, with the new funds to be used to improve Ethereum 2.0’s decentralized staking infrastructure ahead of the upcoming Merge.
ssv.network said in a release that it received funding through its DAO Partner Program, which was launched in October 2021 to expand its "community and strengthen DAO partnerships."
So far, the project has carried out the first and second batch of DAO partner programs. Some of the well-known partners who joined the SSV ecosystem include Coinbase, Digital Currency Group, Gate.io Ventures, OKEx Ventures, Lead Capital, AMBER, Everstake, DappNode, and Valid Blocks. As the DAO Partner Program continues, the project hopes to attract more companies, influencers, and grants. (Crypto Potato)
Crypto investment app Streetbeat completes $10 million financing led by TTV Capital
Streetbeat, a stock and cryptocurrency investment and trading application, announced the completion of a $10 million seed round of financing led by TTV Capital, with participation from Seraph Group and AAF Management Ltd.
It is reported that the number of Streetbeat customers has increased by 18% every week. Streetbeat is creating a trading strategy marketplace that provides each user with a personalized list of recommendations based on their interests and risk profile. During the platform’s 30-day beta launch, more than 35,000 investors signed up. (Businesswire)
Quantum Art, a photography-focused NFT platform, announced the completion of $7.5 million in Series A financing, led by True Ventures and Kevin Rose (NFT enthusiasts), NFT creators, investors Gary Vaynerchuk and Flamingo DAO, and other unnamed art collections Homeowners and NFT people participated in the vote.
According to CryptoSlam data, Quantum Art has generated more than $1 billion in transaction volume so far. So far, the platform has featured work from photographers like Graves, Amy Elkins, Erica Simone and Alberto Rizzo. (Decrypt)
Ruby Protocol, a cross-chain privacy protocol, announced the completion of $7.3 million in financing, with participation from Digital Strategies, DFG Group, Signum Capital, D1 Ventures, Global Coin Research, Ocean Foundation, DWeb3 Capital, and Maverick Global Ventures.
According to reports, Ruby Protocol is powered by Polkadot and uses functional encryption (FE) to encrypt sensitive data on the chain, so it can only be decrypted by entities with approved private keys. (Venture Beat)
According to official news, NFTGo (nftgo.io) recently announced the completion of the Pre-A round of financing of US$6.75 million, led by Qiming Venture Partners, with participation from SeaX Ventures, Youbi, Circle, Altonomy, Zonff Partners, Hash Global, mask.io, etc. .
NFTGo aims to aggregate, analyze and present the NFT data of the whole network, provide functions such as search engine, data visualization, rarity query, giant whale tracking, NFT new creation, etc., and it is the first to create indicators such as liquidity, FOMO index, profit and loss. The core team members have backgrounds from Stanford University, Harvard University, Korea University, Zhejiang University, etc.
In addition, NFTGo released the 2022 NFT industry research report on February 6, Singapore time, and distributed it using the innovative method of NFT mint.
According to official news, Aperture, a DeFi cross-chain investment ecosystem, completed a $5.3 million seed round and strategic round of financing, led by ParaFi Capital, Arrington Capital, Costanoa Ventures and Divergence Ventures; other investors include Rarestone Capital, Krypital Group, LD Capital , PrimeBlock Ventures, Athena Ventures, Metaline Ventures, Double Peak, Stakely Venture Capital, etc. Angel investors include Do Kwon, founder and CEO of Terraform Labs, Ashwin Ramachandran, partner of Dragonfly Capital, and Victor Ji, co-founder of Manta Network.
Metaverse project Portals completes $5 million in seed round financing led by Greylock
Portals, a Solana-based metaverse project, announced the completion of a $5 million seed round of financing, led by Greylock, Multicoin Capital, Solana Ventures, Alameda Research, Sino Global Capital, and The Chainsmokers' Mantis Venture Capital, as well as Justin Kan (streaming video site Twitch and the co-founder of the new game NFT market Fractal) participated in the investment.
The project plans to use the new funds to expand its team to develop more Metaverse projects, including the upcoming Portals Downtown city center and enhanced tools for creators. (Decrypt)
According to official news, Brand New Vision (BNV) completed a US$4 million Series A financing led by Animoca Brands, AngelHub, K3, Arkstream Capital, Grizzly Capital, Meteorite Labs, Startive Ventures, Sparkle Ventures, MyAsiaVC Web3 Fund, Cube Entertainment, Miss Bitcoin, Michael Kazam, Alex Moukas and others participated in the investment.
It is reported that Brand New Vision Ltd operates BNV.ME, which is a platform for fashion NFT sales, bringing fashion into Web3.0 through 3D product creation, NFT sales and future wearability.
GameFi’s RPG game Summoners Arena completes $3 million in seed funding led by Pantera Capital
GameFi RPG game Summoners Arena announced the completion of a $3 million seed round of financing, led by Pantera Capital, Coinbase Ventures, Onechain Technology, GuildFi, Merit Circle, Cosmic Guild, Coin98 Ventures, Istari Ventures, Spartan Group, Impossible Finance, Kyber Ventures, Kyros Ventures Participate in voting.
The team plans to use the new funds to expand its headcount and further develop the game by enhancing graphics and adding VR support. They also plan to create an alternate game universe with the same characters. (CoinDesk)
Web 3 platform Strider completes $3 million in financing, led by 1kx
News start-up Strider completed $3 million in financing, led by 1kx, DDecasonic, Scalar Capital, Sfermion, Metaorient, Yield Guild Games (YGG), Axie Infinity co-founder Jeffrey “Jihoz” Zirlin, Polygon co-founder Jaynti “JD” Kanani Participate in voting.
Strider is creating a Web 3 platform that lets creators manage their projects using a DAO. DAOs distribute membership and ownership of projects between creators and users (or gamers). Strider calls it a decentralized evolution of the crowdfunding model. Funds from this round of financing will be used to further expand and develop the Strider platform. (Venture Beat)
Airwaive Completes $3 Million Seed Funding Led by UOB Venture Management and Signum Capital
Airwaive, a blockchain-based decentralized wireless broadband platform, announced the completion of a $3 million seed round of financing led by United Overseas Bank (UOB) Venture Management and Signum Capital, Fenbushi Capital, Spartan Group, Fundamental Labs, DFG, Spark Digital Capital, Gate.io, Jsquare, and Athena Ventures participated in the round. Airwaive will use the new financing to accelerate the development of decentralized wireless networks and reach more partnerships, and will also be used to promote Airwaive to expand its global operator and host community.
It is understood that Airwaive is a foundation created on the blockchain, whose mission is to reduce the digital divide by providing affordable wireless Internet to families around the world. Airwaive's marketplace and applications power any type of wireless network, anywhere.
Energy service provider Digital Power Optimization Inc announced the completion of US$2.5 million in Series A financing, led by NYDIG, with participation from Wakestream Ventures, NBDR Ventures, and Luxor Technologies. The company will use the funds to increase headcount, boost marketing and business development, and deploy additional mining computers at new locations. (Finance Magnates)
CafeCosmos Closes $2.2M Funding Led by Animoca Brands and Spartan Group
Play-to-Earn game CafeCosmos recently announced the completion of a $2.2 million seed round of financing, led by Animoca Brands and Spartan Group.
It is reported that CafeCosmos was built by game studio MetaVision Labs. The new funds will be used to build the MetaVision multiverse, an interconnected cross-chain social gaming network that expands the use of DeFi within games.
According to official news, Clesson Co., Ltd, the parent company of LABEL Foundation, received US$2 million in equity financing from eBest Investment & Securities Co., Ltd. and Groom Investments, to further serve musicians, content creators and fans Develop the NFT ecosystem.
It is reported that LABEL is an NFT infrastructure based on the Ethereum network and provides a decentralized P2P incubation platform.
Humanode Closes $2M Seed Round Led by Republic Capital
According to official news, Humanode completed a $2 million seed round of financing, led by Republic Capital, Tribe Capital, Avalanche, Wintermute, Shima Capital, Genblock Capital, GravityX Capital, AU21 and StaFi and other institutions, as well as individual investors such as Heslin from Supraoracles and Polygon co-founders Jaynti and Sandeep participated in the investment.
Humanode, an internal project of Paradigm, is a blockchain project that utilizes a consensus mechanism based on biometric identification passwords to achieve its goal: one person = one node = one vote, to overcome various existing problems in modern encryption economics and governance. know the problem. Humanode has developed a Layer 1 protocol that provides robust Sybil attack resistance through auditable pseudonymous biometric identities that leverage state-of-the-art decentralized biometric solutions, liveness detection, and encryption.
Web3 social platform SO-COL raises $1.75 million led by Animoca Brands and DeFiance Capital
Web3 social platform SO-COL (Social Collectables) announced the completion of a $1.75 million seed round of financing, led by Animoca Brands and DeFiance Capital, with participation from Three Arrows Capital, Mechanism Capital, Global Founders Capital, Double Peak Group, Antifund, Genblock Capital and Kronos Research cast.
Co-founded by Irene Zhao and Benjamin Tang, SO-COL is an all-in-one decentralized alternative to Discord, Snapshot and OnlyFans. SO-COL's platform enables creators to manage and interact with communities through utility NFTs.
Animoca Brands Subsidiary GAMEE Receives USD 1.5 Million Strategic Investment from Binance Labs
According to official news, Binance Labs announced a $1.5 million strategic investment in GAMEE, a subsidiary of Animoca Brands, to support the growth of the GAMEE blockchain gaming experience, drive product development, and promote decentralization, of which Arc8 is turning into a blockchain Launch platform for play to earn games.
Arc8 and G-Bots are the latest blockchain gaming experiences powered by GMEE tokens. Arc8 introduces the eSports approach to casual mobile gaming. The game has 300,000 monthly players and has become one of the mainstream DApps on the Polygon network; G-Bots are upgradable and breedable cross-platform NFTs that enhance the Arc8 experience.
BlockSurvey, a blockchain-based survey platform, completed a pre-seed round of US$500,000. Stacks Accelerator, Gossamer Capital, DeSpread, GBV Capital, A41 Ventures, Zanavu Ventures, Badhouse Ventures, Trevor Owens, Jun Gong, etc. participated in the investment. (Your Story)
According to official news, DFINITY's first blockchain-based private email DApp Dmail announced that it has received strategic investment from Amino Capital, and the investment finance has not yet been disclosed. Amino Capital is an early-stage venture capital firm, focusing on big data and data-driven technology investments.
According to official news, Binance Venture Capital and innovation incubator Binance Labs announced a strategic investment in Automata Network, a cross-chain privacy middleware project. The new funding will support Automata Network's expansion efforts, which include product development and technical research.
Web3 Gaming Community GuildFi Receives Investment from BSC's "US$1 Billion Growth Fund"
According to official news, the Web3 game community GuildFi has received investment from BSC's "US$1 Billion Growth Fund" to help it accelerate its vision of building an interconnected Web3 ecosystem including games, NFTs and communities.
YGG's YGG SEA Announces Strategic Investment in NFT Project Dappie Gang
According to official news, YGG SEA, a subsidiary of YGG, announced a strategic investment in the NFT project Dappie Gang. As part of YGG SEA's strategic investment, more than 100 Dappie Gang NFTs have been acquired.
Metaverse game Karmaverse completes seed round financing led by YGG SEA and others
According to official news, metaverse game Karmaverse announced the completion of the seed round of financing, led by YGG SEA, Infinity Ventures Crypto, and TPS Capital.
Vendetta Capital Announces Investment in P2E Metaverse Game Bullieverse
Cryptocurrency consulting and investment management firm Vendetta Capital has announced an investment in Bullieverse. It is reported that Bullieverse is a game ecosystem and an open metaverse for players and creators.
Kenzo Ventures Announces Strategic Investment in Legion Network
According to official news, Kenzo Ventures announced a strategic investment in Legion Network. It is reported that Legion Network is a blockchain ecosystem that integrates NFT, Metaverse, games and other services into one super application.
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