According to Odaily's incomplete statistics, there were a total of 10 domestic and foreign blockchain financing events announced from August 28th to September 3rd, which is a decrease compared to the previous week (14 events). The disclosed total financing amount is approximately $38.95 million, significantly lower than the previous week's data ($81.10 million).
Last week, the project that received the most investment was the virtual venue display and event planning platform, Allseated ($20 million), and the Web3 marketing company, DeForm ($4.6 million in seed funding).
Below are the specific financing events (Note: 1. Sorted by the disclosed amount; 2. Excluding fund raising and mergers and acquisitions events; 3. * denotes companies in "traditional" fields with some businesses related to blockchain):
Virtual event planning platform, Allseated, completes $20 million equity financing
On August 29th, the virtual venue display and event planning platform, Allseated, completed a $20 million equity financing. Allseated stated that it is splitting its metaverse division into an independent entity.
Founded in 2011, Allseated provides a collaborative space visualization platform that allows venues and planners to create virtual rehearsals for potential clients, including tools for building 360-degree views of buildings and design floor plans. In 2022, Allseated raised $15 million in funding and launched the "Enterprise Metaverse" in May 2022.
With the completion of the latest financing round, Allseated's total historical financing amount has exceeded $43 million, including investments from Magma Ventures, Level Structured Capital, Vestech Partners, NYFF, and WGG. The new funds will be used to further expand its space visualization and collaboration platform.
Web3 marketing company DeForm completes $4.6 million seed round financing, led by Kindred Ventures
On August 31, Web3 marketing company DeForm completed a $4.6 million seed round financing, led by Kindred Ventures, with participation from Elad Gil, Scalar Capital, and others.
DeForm is built on the Layer 1 network Alchemy and provides blockchain-based tools for marketers to expand into the digital marketing field. Marketers can use the DeForm platform to understand users based on their wallet transaction history and holding data, in order to provide customized marketing plans.
FirstMate completes $3.75 million financing, led by Dragonfly Capital
On August 28, FirstMate completed a $3.75 million financing round, led by Dragonfly Capital, with participation from Coinbase Ventures and NextView.
FirstMate is a startup that aims to provide digital stores for NFT creators. FirstMate focuses on creators and allows artists to centralize all their works on one platform, regardless of where these works are created, and gives full control of royalties to the creators.
On August 31st, the Bitcoin Lightning Network liquidity collateral project Stroom Network completed a $3.5 million seed round of financing. Greenfield led the investment, with strategic support from Ankr's venture capital division, Mission Street. Lemniscap, No Limit Holdings, Cogitent Ventures, and others also participated.
On August 30th, Web3 infrastructure startup IronMill announced the completion of a $2.6 million Pre-Seed round of financing, led by gumi Cryptos Capital. Blockchain Builders Fund, Superscrypt, LongHash, Kestrel 0x1, and SevenX also participated.
It is reported that IronMill focuses on providing tailored integration solutions for software developers, allowing them to seamlessly integrate zero-knowledge (ZK) technology into new applications. IronMill's flagship project Oxide is a user-friendly zero-knowledge circuit package manager.
Satoshi Network completes $2 million angel round of financing
On September 1st, Satoshi Network announced the completion of a $2 million angel round of financing, with the primary purpose of supporting the early redemption plan for Satoshi Network's bond sUSD. The redemption will take place on September 1, 2023, and the redemption record hash can be viewed at: 0x7f520487d65ac08db1c272394f1ec281347b91371d31c93c650eb2ee4ca31f79
On September 1st, Web3 social protocol Tako Protocol completed a $2 million pre-seed round of financing. This round of financing was participated by UOB Venture, DWF Labs' DWF Ventures, Mask Network, Signum Capital, AC Capital, SmrtiLab, HashBrown Research, RSS3, and some angel investors.
Tako Protocol aims to build an open social recommendation infrastructure protocol for Web3 social networks. Developers can use Tako to create DApps more efficiently with recommendation algorithms, ad systems, curation mechanisms, and recommendation economies. Tako Protocol helps users engage in decentralized social networks and enables them to generate, share, discover, and match values.
On August 31st, decentralized GPU resource network GPU.Net completed a $500,000 financing round, with investors including Momentum 6 and Alphablockz.
In addition, the company has received support from Nvidia and Taanga Studios and plans to launch the GPU.Net testnet next month.
GPU.Net aims to meet the computational power demands of emerging technologies such as generative AI, Web3 metaverse, cryptocurrency mining, and high-end graphics rendering by providing decentralized GPU infrastructure.
On August 29th, the social network and content monetization platform Lyvely, based in the UAE, announced the completion of its seed round financing. The investment was led by Cypher Capital but the amount invested was not disclosed.
Lyvely will develop a token seamlessly integrated into the platform, allowing anyone to profit from online content or services.
On September 1st, the on-chain derivatives protocol ProsperEx completed a new strategic financing round with participation from EMURGO Ventures, the venture capital arm of Emurgo, the developer of Cardano (ADA). The specific amount invested was not disclosed.
ProsperEx is reported to be an innovative on-chain derivatives protocol that supports major derivatives trading, including spot trading, on-chain perpetual contracts, and on-chain options. In addition, the protocol will further explore and establish a presence in the field of Real-World Asset (RWA) tokenization to promote deeper integration between the Web2 and Web3 worlds.
