According to Odaily’s incomplete statistics, from October 17th to October 23rd, a total of 32 blockchain financing incidents at home and abroad were announced this week, a decrease from the previous week; There was a slight increase over the week.
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):
On October 20, Celestia Foundation announced the completion of $55 million in financing, led by Bain Capital Crypto and Polychain Capital, Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, Protocol Labs, Figment, Maven 11, Spartan Group, FTX Ventures, IOSG Ventures, Smrti Lab, Jump Crypto, Balaji Srinivasan, Eric Wall, Jutta Steiner, A&T Capital, W3.Hitchhiker and others participated in the investment.
It is reported that Celestia introduces a modular blockchain architecture to solve the challenges of deploying and scaling blockchains. Current modular blockchain projects such as Eclipse, Constellation, and dYmension have chosen Celestia as their data availability layer. Celestia launched its testnet Mamaki in May this year, introducing a new data availability API. Mamaki's upgrade is scheduled for late October 2022.
On October 19th, Stardust, a company that provides developer tools for blockchain games, completed a US$30 million Series A financing led by Framework Ventures, with participation from Acrew Capital, Blockchain Capital and Distributed Global.
Based in California, Stardust was founded in 2018 by CEO Canaan Linder. Stardust has partnered with game publisher Tilting Point to help its developers build blockchain games. (Bloomberg)
On October 21, Sensat, a London-based metaverse "digital twin" software company, announced the completion of a US$20.5 million Series B round of financing, led by National Grid Partners (NGP), the investment arm of British multinational energy giant National Grid.
It is reported that Sensat completed a US$10 million Series A financing in 2019, led by Tencent. To date, the company’s total funding is approximately $35.5 million. Sensat provides construction, mining, energy and similar industries with tools that "replicate" the real world, echoing the booming Metaverse market, and its commercial implementation is said to be ahead of Meta at this stage. (TechCrunch)
On October 18, blockchain infrastructure company ChainSafe Systems announced the completion of Series A financing of US$18.75 million, led by Round13, new investment institutions such as NGC Ventures, HashKey Capital, Sfermion, Jsquare, and Digital, which had previously invested in the company Finance Group and Fenbushi Capital participated in the investment. Following the completion of this round of financing, Round13 managing partner Khaled Verjee and Ethereum co-founder Joseph Lubin will join ChainSafe’s board of directors. As a core protocol developer for Ethereum, Polkadot, Filecoin and other leading blockchain ecosystems, they will continue to focus on infrastructure development and the Web3 gaming market, and use the new funds to support the adoption and sustainability of the Web3 ecosystem, the company said. Continuous development. (businesswire)
On October 18, the Layer1 blockchain Shardeum founded by WazirX co-founder and CEO Nischal Shetty announced the completion of $18.2 million in seed round financing, Jane Street, Struck Crypto, Spartan Group, Big Brain Holdings, DFG, Ghaf Capital Partners, Foresight Ventures Co-leading the round, Coingecko Ventures, WeMade, ZebPay, JSquare, Nestcoin, Veris Ventures, Tupix Capital, Mapleblock Capital, and NetZero Capital participated.
It is reported that the funds raised will be used to strengthen the company's marketing and develop the development team to further strengthen Shardeum's dynamic sharding technology and ecosystem development. According to Nischal Shetty, Shardeum increases transactions per second (TPS) and the total capacity of the network to scale and ensure that transaction fees are kept down even as transaction volume grows.
SeattleMint Closes $16M Series A Funding Co-Leaded by Molten Ventures and OTB
On October 17, SeattleMint, a provider of blockchain platform-as-a-service solutions, announced the completion of a US$16 million Series A round of financing, co-led by Molten Ventures and OTB, with participation from Medici Ventures, Fujitsu Ventures, Allusion and Bloccelerate. The financing will be used for platform improvements to meet customer requirements by further strengthening its low-code offerings, strengthening its presence in Europe, MEA, India, and Singapore, and accelerating expansion into the Japanese market.
It is reported that SettleMint is a low-code platform for blockchain application development, enabling engineering teams to build, integrate and launch applications on web3 infrastructure. SettleMint provides deployment environments, development, middleware environments, and integration studios, all available over the Internet.
On October 19, Bolster, an automated digital risk protection company, completed $15 million in financing, led by Cervin, Liberty Global Ventures and Cheyenne Ventures, with participation from Thomvest Ventures and Crosslink Capital. The financing will propel the company to further develop to help more global customers detect and remediate threats in networks, social media and app stores.
It is reported that Bolster can automatically detect and quickly repair threats in digital media and Web3 networks, monitor and combat fraudsters on the Internet, and provide the most effective protection across networks, social media, and application stores to combat fraudulent websites and content .
On October 17, the Web3 MMO game Delysium announced the completion of US$10 million in strategic financing, led by Anthos Capital, with participation from Immutable, GSR, Blockchain Coinvestors, Leonis Capital, Antalpha Ventures, Perion, and Formless Capital. Strategic funding will be primarily used to develop content, enable unique AI experiences, and build Delysium Multiverse, an open-source and decentralized publishing structure for Web3 games.
As previously reported, at the beginning of this year, Delysium announced the completion of the first round of financing of over US$4 million, led by Galaxy Interactive, Republic Crypto, and Alameda Research.
It is reported that Delysium is led by rct AI, a game-AI company incubated by Y-Combinator."Fun to Play, Play and Earn"High-quality game experience and continuous operation of the economic system to explore the future of the web3 game industry. Since Delysium launched the Pre-Alpha test on May 1, more than 5,000 players have participated in the test. Through close communication and feedback with the community, the development team has quickly iterated several versions in the way of co-creation and co-creation with players, and is about to start the first official season. Currently, the game provides two versions of PC and cloud games on the official website.
On October 20, sports fan platform Mercury completed a $7.5 million seed round of financing, led by Multicoin Capital, with participation from North Island Ventures, Crosslink Capital, and Brevan Howard Digital. The new funds will be used to expand their partnerships with new schools and continue to grow their student-athlete roster. There will also be increased hiring at the leadership level. (The Block)
On October 19, smart contract and NFT security company Web3 Builders completed a $7 million seed round of financing, Road Capital, OpenSea's venture capital subsidiary, Sparkle Ventures, Picus Capital, ACME, TTV, G20, Global Founders Capital, Haven Ventures and Greylock and others participated in the vote.
The financing will be used to develop products, add new artificial intelligence and machine learning methods, and expand the team. (CoinDesk)
Web3 Startup Spindl Closes $7M Funding Led by DragonFly Capital and Chapter 1
On October 20th, Spindl, a Miami-based Web3 start-up company, completed a financing of US$7 million. This round of financing was led by DragonFly Capital and Chapter 1, with participation from Polygon Ventures, Tribe Capital, Multicoin, Solana Ventures, etc. The new funds will be used for Expand recruitment.
García Martínez, founder of Spindl, said that the company is trying to rebuild the basic infrastructure of Web2 e-commerce backend for Web3, that is, how Internet companies can track where their customers come from, and formulate customer acquisition strategies to attract more users. For example, Spindl can analyze Discord posts, Reddit forums, advertisements and other Internet links, pairing this data with on-chain behavior such as buying, selling and trading to create profiles that help protocols understand where traffic comes from.
Encrypted payment company Maplerad completes $6 million financing, led by Valar Ventures
On October 17, African encryption payment company Maplerad completed a $6 million financing, led by Valar Ventures founded by Peter Thiel, Golden Palm Investments Corporation, Fintech Fund, Armyn Capital, Dunbar Capital, Strawhat Investment, Polymath Capital, Unpopular Ventures, Sean Mahsoul and MyAsiaVC participated in the investment. The funds will be used to expand the team and further expand in the African market. (Tech Crunch)
On October 19, the embedded payment company Paytrix announced the completion of a new round of financing of £5 million (US$5.63 million), led by international investment firm Hambro Perks, Bain Capital Ventures, Fin VC, Better Tomorrow Ventures, The Fintech Fund and some well-known angel investors participated in the investment.
Paytrix mainly provides payment acceptance, banking as a service and real-time payment solutions for enterprises in the fields of Web3, and helps users expand and enhance payment infrastructure by building a "payment management layer". Its team members mainly come from Western Union, Google, Softbank , Twitter, PayPal, Paysafe, and HyperWalle. (finextra)
On October 19, Solana’s ecological privacy project Light Protocol completed a $4.5 million seed round of financing, led by Polychain Capital, and participated by Solana Ventures, Hypersphere, dao5, Asymmetric, Balaji Srinivasan, Algod, and The Crypto Dog. It is reported that Light Protocol will launch Light V3 soon, and claims that this version will achieve ultra-efficient privacy and general ZK on Solana.
Blockchain Security Company Hexens Completes $4.2 Million Seed Funding Led by IOSG Ventures
On October 17, blockchain security company Hexens completed a $4.2 million seed round of financing, led by IOSG Ventures, Delta Blockchain Fund, ChapterOne VC, Hash Capital, ImToken Ventures, Tenzor Capital, and angel investors from Polygon and other projects voters.
It is reported that Hexens is a network security provider focusing on new blockchain technologies. Experts provide security consulting, including blockchain security audits for smart contracts, blockchain audits, cryptography audits, and digital asset transaction audits. services, and businesses such as cybercrime investigations.
Hexens will use the new funding to expand both horizontally by increasing its cybersecurity service coverage and vertically by developing products designed to impact the ecosystem level in the space. It is building products that can become the standard toolkit for every developer and security researcher in the blockchain space. At the end of 2023, Hexens plans to release the first batch of products to help build a more secure blockchain ecosystem.
On October 18, Tapio, the Polkadot ecological synthetic asset agreement, completed a $4 million seed round of financing, led by Polychain, Hypersphere and Arrington, Spartan, LongHash, 0xVentures, CMS, D1 Ventures, 11-11 DG Partners, Genlock, Valhalla, PAKA and Double Peak and others participated in the vote.
On October 18, Web3 fashion and lifestyle platform Yoloyolo completed $3.5 million in financing, ParaFi Capital, Mirana Ventures, Morningstar Ventures, Avalanche Ventures, UOB Ventures, Signum Capital, Genblock, Yolo Investments, Meil Cunha-Gomes and former Binance partners Nicole Zhang and others participated in the vote.
Yoloyolo aims to develop new products by combining NFT holders with brands, and has currently established a partnership with clothing brand DEKE. (CoinDesk)
On October 23, Precog Finance, a provider of decentralized encrypted automatic trading services, announced the completion of a $3.5 million private placement round of financing. Web3 venture capital company and market maker DWF Labs participated in the investment and established a strategic partnership with it.
Precog Finance is a brand-new decentralized trading ecosystem that can automatically execute cryptocurrency trading pairs and futures arbitrage transactions. DWF Labs will provide market-making services for Precog Finance's native Token PCOG and provide it with more trading platform opportunities. It will also oversee joint marketing efforts to attract other investors. (einnews)
*Tech startup Otonomi raises $3.4M to build blockchain-driven parametric freight platform
On October 19, technology insurance startup Otonomi completed a $3.4 million financing, led by ATX Ventures, GSR Ventures, Greenlight Re Innovations, Punja.VC, Altari Ventures, Soundboard Venture Fund, Blackhorn VC, Bering Waters, REFASHIOND Ventures and some specialized Angel investors and others participated in the investment. Otonomi's management has gone deep into 6 key industries and assembled a core team of courageous people in the fields of finance, insurance, blockchain, user experience design, marketing and security. (PR News Wire)
P2E Gaming Platform Arcade2Earn Completes $3.2 Million Financing Led by Crypto.com Capital
On October 20, Arcade2Earn, a Solana-based P2E gaming platform, announced the completion of a $3.2 million seed round of financing, led by Crypto.com Capital, with participation from Solana Ventures, Shima Capital, KuCoin Labs, and GSR.
Jaleel Menifee, co-founder of Arcade, said that the platform is currently under development, and its Demo version is planned to be launched before the end of this year, after which the platform and its tokens will be officially released. (The Block)
Solana Infrastructure Company Helius Closes $3.1M Funding Led by Reciprocal Ventures and Chapter One
On October 20, Solana infrastructure startup Helius announced the completion of a US$3.1 million seed round of financing, led by Reciprocal Ventures and Chapter One, Solana Ventures, Alchemy Ventures, Big Brain Ventures, Propel VC and other institutions, as well as Magic Eden co-founder Zhuoxun Yin , Squads co-founder Stepan Simkin and other angel investors participated in the investment.
It is reported that Helius was co-founded by former Coinbase and Amazon Web Services engineers, aiming to provide tools to help developers build Web3 applications in less time and at a lower cost. Helius launched its invite-only Alpha test two months ago and has now opened its platform to the public. (Decrypt)
On October 20, Ottr Finance, an encryption application on the Solana chain, completed a $3.1 million pre-seed round of financing, led by early-stage venture fund Race Capital, with participation from Circle Ventures, Slow Ventures, and Kamal Ravikant.
Ottr provides a simple and intuitive solution that supports real-time and free sending of USDC without setting up a self-hosted wallet and storing mnemonic words, making it easier for mobile phone users to use US dollars to access cryptocurrencies. It is reported that the company will release Ottr NFT in November. (globenewswire)
Web3 drug discovery startup Druglike raises $3 million from undisclosed investors
On October 23, Druglike, a Web3 drug discovery start-up company, announced the completion of a $3 million financing, but the investor information has not yet been disclosed.
It is reported that the company was founded by Martin Shkreli, a pharmaceutical tycoon who was sentenced to seven years in prison for securities fraud. He said that Druglike is not a pharmaceutical company but a blockchain/Web3 software company composed of bytes, bits, variables and GitHub. , users can use its drug discovery platform for free without paying license fees, and only need to pay for the cloud computing power required to run the program. Currently, ETH, stable currency USDC and Druglike's exclusive Token MSI are supported.
It is reported that Druglike is also working on building a distributed network of personal transaction calculations that anyone can participate in, similar to bitcoin mining, although its platform currently provides support through AWS. (bizjournals)
On October 18, the oracle project Clique completed a $3 million seed round financing, GGV Capital, Qiming Venture Partners, Alliance DAO, SevenX Ventures, Infinity Ventures Crypto (IVC), SNZ Holding, Sky9 Capital, smrti lab, Mirana Ventures, DWeb3 , Formless Capital, Redline DAO, Mask Network, Puzzle Ventures, etc. participated in the investment.
Clique is an identity oracle protocol, the project aims to connect Web2 and Web3 identities. Its first product, Social Oracle, is expected to launch in alpha in winter, and will allow marketing teams to more safely incentivize user behavior on social media and content platforms. Early partners of the project include DID, on-chain social, NFT projects, Web3 games, guilds, and Web2 IP/brands, etc. (yahoo)
On October 20, Airstack, a Web3 API platform, completed a $3 million seed round of financing, with participation from Animal Ventures, Polygon, Fenbushi, and Resolute Ventures.
According to reports, Airstack will work by enabling decentralized applications to provide data to the "Airstack Engine" in a common format. This data will be parsed into a metadata format, which will allow developers to query it very quickly using the API. (The Block)
DeFi credit startup Carapace completes $2.5 million in financing led by NFX
On October 19, DeFi credit start-up Carapace completed a financing of US$2.5 million. This round of financing was led by NFX, with participation from Tribe Capital, Ledger Prime and GSR.
It is reported that Carapace provides default risk protection for loans with low collateral or no collateral in the encryption market, aiming to connect buyers and sellers to prevent credit default risks. Carapace will be launched on the decentralized credit platform Goldfinch in early 2023.
Decentralized API service provider NCC completes $2.5 million in financing led by Borderless Capital
On October 20, The New Computer Corporation (NCC), a provider of Web3 infrastructure and decentralized API services, announced the completion of a $2.5 million seed round financing, led by Borderless Capital, Eterna Capital, PEER, Algorand Foundation, Hivemind Ventures, Big Brain Holdings, Web Tree Capital, Noise DAO, Valentine Venture, Ten Ventures, Marcus Eng, and SongADAO participated.
It is reported that NCC is based on Algorand blockchain technology and mainly provides developers with utility and infrastructure tools to seamlessly build interesting, collaborative and creative experiences on Web3. (PRNewswire)
NFT tools company Mintify announces $1.6 million in financing led by Arca
On October 20, Mintify, an NFT trading tool company, announced the completion of a financing of US$1.6 million. Arca led the investment. The specific valuation was not disclosed. Endeavor Fund, Alchemy Ventures, Psalion, GSR, and Fasanara participated in the investment. (Block Works)
Blockchain Travel Startup Pinktada Raises $975K Led by True Global Ventures 4 Plus
On October 19, Pinktada, a blockchain travel start-up, completed $975,000, led by True Global Ventures 4 Plus and Irish fund Selenean Capital. So far, TGV has invested a total of US$2 million in Pinktada.
Pinktada allows users to book hotel rooms similar to traditional online travel platforms, but as long as travel plans change, they can quickly sell the reserved rooms to others and get Token. The company’s current business mainly covers Hawaii, the Dominican Republic, Mexico, New York , Miami and San Francisco. (Tech in Asia)
On October 21, Meraki Academy, a Singapore-based metaverse education platform, announced the completion of a US$500,000 seed round of financing, with the participation of TotallyAwesome, a digital advertising platform network.
The company will use the financing to expand its edtech content production, research and development work, which currently targets elementary school students but plans to expand to middle school and college students by the end of 2023. (e27)
Bertelsmann subsidiary BDMI invests in NFT e-book company Book.io
On October 18, NFT e-book company Book.io announced the completion of a new round of financing. The investor is BDMI, a subsidiary of Bertelsmann. The specific amount has not been disclosed yet. Joshua Stone, CEO of Book.io, said that in addition to receiving financial support, they will also establish a partnership with BDMI to expand innovative products other than NFT e-books, such as audiobooks and other types of digital media.
Book.io started its first book sale on July 20, 2022, and the total secondary market sales have exceeded 500,000 US dollars, of which a single collectible e-book has sold for more than 4,000 US dollars.
On October 18, Volare Finance, the Web3 options protocol, announced the completion of the seed round of financing, led by Master Ventures Investment Management (MVIM), with participation from GSR, Arrington XRP Capital, Spark Digital Capital, GSR Markets, and Huobi Ventures. The specific amount has not been disclosed yet. Volare Finance helps investors hedge, speculate and increase returns using standard option strategies or a combination of customized option strategies, designed to reduce the friction traders face in options trading. Volare Finance has previously launched a testnet on the Fuji protocol, and the team continues to push for a transparent, trustworthy and convenient decentralized mechanism for crypto options trading. (benzinga)
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