According to incomplete statistics from Odaily Planet Daily, there were 29 blockchain financing events announced at home and abroad from April 22 to April 29, which was a decrease from last week's data (33). The total amount of financing disclosed was approximately US$194 million, which was an increase from last week's data (US$126 million).
Last week, the project that received the most investment was Turkish fintech startup Midas ($45 million); Ethereum L2 Movement Labs followed closely behind ($38 million).
The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and M&A events; 3. * indicates a "traditional" company whose business involves blockchain):
On April 22, Turkish fintech startup Midas completed a $45 million Series A financing round led by Portage, with participation from International Finance Corporation, Spark Capital, Earlybird Digital East Fund, Revo Capital and others.
Movement Labs Completes $38 Million Series A Funding, Led by Polychain Capital
On April 25, Movement Labs, which focuses on building the Ethereum L2 blockchain, announced the completion of a $38 million Series A financing round led by Polychain Capital, with participation from Hack VC, dao 5 and Robot Ventures.
Aligned Layer Completes $20 Million Series A Funding, Led by Hack VC
On April 25, according to official news, Aligned Layer, a decentralized zero-knowledge proof verification layer for Ethereum developed based on EigenLayer, announced the completion of a $20 million Series A financing round, led by Hack VC, with participation from dao 5, L2 IV, Nomad Capital, Finality Capital Partners, Symbolic Capital, Theta Blockchain Ventures, etc. The Aligned Layer mainnet is scheduled to be launched in the second quarter of 2024.
On April 23, cryptocurrency wallet startup Turnkey announced the completion of a $15 million Series A funding round led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia Capital, Coinbase Ventures, Alchemy, Figment Capital and Mirana Ventures.
Shiba Inu raises $12 million through TREAT token sale to develop L3 Chain
On April 22, the Shiba Inu team raised $12 million by selling its yet-to-be-issued token TREAT to develop its new privacy-focused Layer 3 chain. Investors include Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Stake Capital, and Comma 3 Ventures.
CARV Completes $10 Million Series A Funding, Led by Tribe Capital and IOSG Ventures
On April 25, CARV announced the completion of a $10 million Series A financing round, led by Tribe Capital and IOSG Ventures, with participation from Consensys, MARBLEX, OKX Ventures, Fenbushi Capital, No Limit Holdings, Draper Dragon, Arweave, LiquidX, etc. It is reported that CARV aims to build a modular data layer for games and artificial intelligence.
Web3 3D LBS game L3 E 7 completes $10 million financing, led by SevenX Ventures and others
On April 26, Web3 3D LBS game L3 E 7 (Lagrange 3: Earth's 7 WIN) announced the completion of angel round and A round financing totaling US$10 million. The angel round financing was led by LongLing Capital, and the A round financing was co-led by Spartan Group and SevenX Ventures. Kekecely, Foresight Ventures, OKX Ventures, Big Brain Holdings, Vertex Ventures, Comma 3 Ventures, Meta Labs, Marvellous Creature, Giantwood, Mantle EcoFund, BitValue, Hailstone Labs, LiquidX, Buzzone and others participated in the investment.
Blockchain game studio InfiniGods receives $8 million in Series A funding from Pantera Capital
On April 25, blockchain game studio InfiniGods announced the completion of an $8 million Series A financing on the X platform . Prime Intellect announced the completion of a $5.5 million seed round of financing, led by Distributed Global and CoinFund, with participation from Compound, Collab+Currency, Juan Benet and Protocol Labs. The new funds will be used to build a computing platform to achieve decentralized training across instances and to achieve shared ownership of artificial intelligence models by contributing computing, code, data, capital or expertise.
On April 23, YieldNest, a liquidity re-pledge protocol supported by EigenLayer, recently announced on the X platform that it has completed US$5.2 million in financing, with participation from Faculty Group, BACKED, Insignius Capital, Contango Digital Assets, Proof of Capital, Loi Luu, Winthorpe, C2tP, Curve founder Michael Egorov and others.
Tevaera, a blockchain gaming ecosystem, completes $5 million in financing, led by Laser Digital
On April 24, Tevaera, a blockchain gaming ecosystem based on ZK Stack, announced the completion of a US$5 million financing round, led by Laser Digital, a digital asset subsidiary of Nomura Securities, with participation from Hashkey Capital, Fenbushi Capital, Matter Labs, Draper Dragon, Faculty Group, Crypto.com Capital, Cogitent Ventures, Selini Capital, DWF Labs and others.
DePIN project Natix completes $4.6 million in financing, led by Borderless Capital and others
On April 26, the DePIN project Natix announced the completion of a $4.6 million financing led by Borderless Capital and Tioga Capital, with participation from Laser Digital, Big Brain Holdings, Escape Velocity, IoTeX, WAGMI Ventures and Moonrock Capital under Nomura Securities, as well as a group of angel investors. Natix is a DePIN project focusing on map data, and it is reported that it will soon release tokens and airdrops on Solana.
On April 22, Othentic, a project focusing on shared security of distributed systems, announced the completion of a $4 million seed round of financing on the X platform. Finality Capital Partners and Breyer Capital jointly led the investment, and Coinbase Ventures, HashKey Capital, Collider Ventures, BanklessVC, Robot Ventures, Everstake, PUNK DAO and others participated in the investment. According to reports, Othentic is committed to creating novel distributed computing services by providing self-deployed infrastructure to launch systems with underlying shared security, including promoting innovative work on EigenLayer and Babylon.
Blockchain gaming platform Puffverse completes $3 million in financing, led by Animoca Brands
On April 24, blockchain gaming platform Puffverse announced on the X platform that it had completed a $3 million financing led by Animoca Brands, with participation from Arcane Group, Spartan Group, Foresight Ventures, HashKey Capital, Sky Mavis and Xu Family Office. The investment will be integrated into the Ronin Network in the future.
On April 26, OpenDelta, a Bitcoin-centric stablecoin company, announced the completion of a $2.5 million Pre-Seed round of financing, led by 6th Man Ventures. The stablecoin USDO launched by OpenDelta allows hedge users to deposit Bitcoin as collateral, which can maintain its dollar value for risk hedging. It is reported that the token is expected to be launched in May this year.
On April 25, crypto rewards website and browser extension application Moso announced on the X platform that it had completed a $2 million seed round of financing, with participation from Symbolic Capital, Dao 5, P 2 Ventures, CoinList, etc. The specific valuation information has not been disclosed yet.
On April 26, the on-chain cultural and creative platform Spotlight announced the completion of a $2 million Pre-Seed round of financing, led by Folius Ventures. Spotlight aims to solve the problem of on-chain and off-chain asset liquidity guidance through gamification to promote the development of emerging culture, especially Eastern culture.
On April 25, Animoca Brands-backed chess strategy game Anichess completed a US$1.8 million financing round, led by Sfermion and Amber Group, with participation from Fenbushi Capital, Aspen Digital, SNZ Capital and others. The new funds will be used to fund game development, marketing activities and team expansion.
On April 23, Uncharted, which focuses on building a cryptocurrency-based gamification layer, announced on the X platform that it had completed a $1.7 million seed round of financing, led by Shima Capital, with participation from The Spartan Group, Double Peak Group, Devmons, 32-Bit Ventures, LiquidX, D 64 Ventures, Flying Falcon, and a group of angel investors.
On April 22, BlackRock Venture Partner Paul Taylor joined the PairedWorld Advisory Board. It is reported that the RWI protocol PairedWorld has just successfully completed a round of financing of US$1.5 million. Paul Taylor has extensive expertise in financial technology and blockchain, and is expected to accelerate the further development of the protocol after joining the PairedWorld board of directors.
On April 27, ZK Protocol Hinkal announced the completion of a strategic round of financing of US$1.4 million at a valuation of US$70 million. SALT Fund, an investment fund under Anthony Scaramucci's son AJ, led the investment, with participation from Draper Associates, SNZ Capital and Peer VC. Kraken US CEO Tal Cohen joined Hinkal's advisory board.
Web3 RPG game Astra Nova completes $1 million in financing
On April 28, the Web3 RPG game Astra Nova completed a $1 million financing, with Hashgraph Ventures, Oxbull, MoonEdge, Vision, Kanga, Spicy Capital, Equinox, BTS Labs, Sensei Capital and others participating in the investment.
On April 23, Web3 digital identity protocol Y 8 U announced on the X platform that it had completed a new round of financing, with Morningstar Ventures, Ape Terminal, Banter Capital, IBC Group Official and others participating in the investment. The specific amount of financing has not been disclosed yet.
AI data infrastructure AIT Protocol completes new round of financing, Animoca Brands participates
On April 23, AI data infrastructure AIT Protocol announced the completion of a new round of financing, with Animoca Brands participating. At the same time, the two parties reached a partnership to accelerate the development of artificial intelligence technology within AIT Protocol, promote innovation, and expand the possibilities of native applications.
Web3 gaming platform Iskra receives strategic investment from Animoca Brands
On April 24, according to official news, Web3 gaming platform Iskra announced that it had received a strategic investment from Animoca Brands. The specific amount has not yet been disclosed.
Blockchain game Engines of Fury completes new round of financing, Animoca Brands participates
On April 26, the "Free-to-Play" blockchain game Engines of Fury announced that it had completed a new round of financing, with Animoca Brands participating in the investment. The specific amount has not been disclosed yet. Engines of Fury is a free evacuation shooting blockchain game. It is reported that the project is about to launch an IDO activity for the native token FURY.
Bitcoin L2 project BEVM announces investment from Bitmain
On April 26, Bitcoin L2 project BEVM announced on the X platform that it had received investment from Bitmain to explore more possibilities of Bitcoin L2 and Bitcoin ecology. It is reported that BEVM has been launched on the mainnet at the end of March.
On April 26, Creator.bid, a blockchain and AI-driven digital content monetization and ownership platform, announced the completion of a new round of financing. Mechanism Capital, Zee Prime Capital, Moonrock Capital, Cogitent Ventures, Momentum 6, ID Theory, NxGen.lens, HV Capital, MH Ventures, SkyVision Capital, MQdao, AlfaDAO, Tempo, and Silvermine Capital participated in the investment. The specific amount has not been disclosed.
DePIN Network Staex Completes Strategic Round of Financing, Moonrock Capital Participates
On April 26, Staex, a zero-trust DePIN network focusing on the Internet of Things, announced on the X platform that it had completed a strategic round of financing, with Moonrock Capital participating. The specific amount and valuation data have not been disclosed yet.
RWA protocol The Conlony completes new round of financing, TechStars and others participate
On April 26, the RWA protocol The Conlony announced on the X platform that it had completed a new round of financing. Global accelerator project TechStars, Marshland Capital Group, Moonrock Capital, NxGen.lens, Coach K Crypto, Charles Read and other angel investors participated in the investment. The specific amount of financing and valuation data have not been disclosed. The Colony is currently optimizing the digital collectibles market by digitizing real-world assets on the blockchain through its RWA protocol.
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