One-week financing express | 32 projects have been invested; the total disclosed financing is about 290 million US dollars (4.3-4.9)
According to Odaily’s incomplete statistics, a total of 32 blockchain financing incidents at home and abroad were announced from April 3rd to April 9th, which is a certain increase compared with last week’s data. There is a significant increase.
The following are specific financing events (Note: 1. Ranked according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
The following are specific financing events (Note: 1. Ranked according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
On April 5, LayerZero Labs, the developer of the blockchain interoperability protocol LayerZero, completed a $120 million Series B round of financing at a valuation of $3 billion. a16z Crypto, Sequoia Capital, OKX Ventures, Circle Ventures, Samsung Next , OpenSea and Christie's participated in the vote.
Bryan Pellegrino, co-founder and CEO of LayerZero Labs, said a total of 33 investors participated in the Series B round, but there was no lead investor. Funding was raised to meet LayerZero's growth plans. LayerZero also plans to grow its current headcount of more than 40 to around 70 by the end of the year by hiring across functions, including marketing. Pellegrino declined to comment on the token launch timeline. (The Block)
DeFi platform M^ZERO completes $22.5 million in seed round financing led by Pantera Capital
On April 5th, M^ZERO, a decentralized infrastructure layer for value transfer of digital assets, completed a $22.5 million seed round financing, led by Pantera Capital, Road Capital, AirTree, Standard Crypto, SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Earlybird and Mouro Capital participated in the investment. (CoinDesk)
Chain game RACA completes $16 million financing, led by DWF Labs
On April 6, chain game RACA announced the completion of $16 million in financing, led by market maker and investment company DWF Labs, including the purchase of an undisclosed amount of RACA tokens. The new funds will help RACA advance its goal of the Web3 game ecosystem.
It is reported that RACA (formerly Radio Caca) was established in 2021 and was originally the NFT manager of Elon Musk's mother, Maye Musk. Currently, the company has launched R 3 gaming infrastructure, SimCity-style sandbox game USM.WORLD, social party game Looki Looki Jazzi, cross-game DID wallet JAZ, and an NFT marketplace.
Polyhedra Network completes $15 million PreA round of financing, led by Polychain Capital
On April 5th, Polyhedra Network, a start-up company that provides Web3 infrastructure supported by zero-knowledge (ZK) proofs, completed a PreA round of financing of US$15 million, led by Polychain Capital, ABCDE, Sparkle Ventures, HashKey Capital, Foresight Ventures, Kucoin Ventures, NGC Ventures and Arcane Group participated in the investment
Polyhedra Network is building a system focused on blockchain interoperability, scalability, and privacy. These systems include zkBridge, which facilitates cross-chain asset and data transfers. (CoinDesk)
Delphi Labs completes $13.5 million in financing led by P2P
On April 5, Delphi Labs, the incubator of Delphi Digital, completed a financing of US$13.5 million, led by P2P and participated by Jump Crypto and others. The funds will be used to establish an accelerator designed to foster the growth of teams working to start Web3 projects. The financing is the first time Delphi has sought outside investment.
Each team in the accelerator will receive $200,000 in funding. The main part of the program will last four to six months, with project teams being introduced to Delphi's network of potential investors at the end of the programme. (CoinDesk)
Web3 Investment Institution BitValue Capital Announces Investing $10 Million in IOST
On April 6, BitValue Capital, a Canadian Web3 investment institution, announced that it will invest 10 million US dollars in long-term funds in IOST and become its strategic partner. This investment will be used to support the upgrade of the IOST mainnet and the continuous construction of the ecosystem. As a consultant, BitValue Capital will help IOST promote diversified international compliance expansion centered in Hong Kong, carry out global marketing activities and ecological construction, and will introduce Spield Algorithm, a professional quantitative trading institution in North America, to support the IOST ecosystem.
Alchemy Pay Closes $10M Funding, DWF Labs Invests
On April 3, the payment service provider Alchemy Pay announced the completion of a $10 million financing at a valuation of $400 million. The market maker DWF Labs invested, and the new funds will be used to expand its business in South Korea.
According to the official statement, Alchemy Pay provides a way for cryptocurrency companies to access the fiat payment system, aiming to take advantage of South Korea’s “high level of cryptocurrency acceptance” and help local companies achieve greater internationalization goals. (CoinDesk)
Dragonfly Capital Makes $10 Million Strategic Investment in Bitget
On April 4, Dragonfly Capital, a well-known crypto investment institution, announced a strategic investment in Bitget, amounting to $10 million. This investment will support Bitget's global expansion and product line expansion, and carry out more public welfare education actions related to encrypted assets.
Gracy Chen, managing director of Bitget, said: "Bitget is the fastest growing exchange in the past 12 months. This investment is a recognition of our focus on construction in the bear market. In addition to financial support, we value Dragonfly more in the encryption field. At the same time, its huge investment portfolio also helps us build an encryption ecosystem covering from CeFi to DeFi.”
On April 5, Nibiru Chain, a decentralized financial center, completed a $8.5 million seed round of financing at a valuation of $100 million, led by Tribe Capital, Republic Capital, NGC Ventures, and Original Capital. Funding will help build the tech stack, team and community. Nibiru Chain plans to start raising Series A funding later this year, targeting a valuation of $200 million to $250 million.
This summer, Nibiru plans to launch some of its algorithmic stablecoin NUSDC as well as a testnet. NUSD will be collateralized by USDC and NIBI, Nibiru’s native token for staking, utility and governance. (CoinDesk)
Hong Kong-based NFT trading platform Ubox completes $7 million seed round led by C² Ventures
On April 8, Ubox, a Hong Kong-based NFT trading platform, was officially launched and completed a US$7 million seed round of financing at a valuation of US$50 million. This round of financing was led by C² Ventures, followed by early investors such as Huobi. The angel round funds will be used for platform preparation, technology research and development, team expansion and platform promotion.
Ubox (ubox.io) is a new NFT trading scenario based on the vision of oriental culture. With the core concept of "creating your digital oasis", it provides safe, diversified and high value-added trading experience for digital asset lovers in the Asia-Pacific region . It is reported that since Ubox opened for reservations on March 29, more than 300,000 users have made reservations.
Acre completes £6.5 million seed round
On April 3, Acre, a London-based blockchain mortgage lending platform, announced the completion of a £6.5 million (approximately $8.05 million) seed round of financing, which will be used for user growth and new partnerships with lenders and insurance companies. partnerships to help its brokers recommend and apply for suitable financial products and services as efficiently as possible.
It is reported that the Acre platform uses blockchain technology to verify consumer and property data to provide support for the mortgage loan business. The annual mortgage loan volume of the platform has exceeded 10 billion pounds.
This new funding round follows Acre's £5 million funding round in 2019 led by Aviva and Sesame Bankhall Group (SBG).
Social Metaverse company Social Future completes $6 million in financing, SNZ and others participate
On April 6, Social Future, an artificial intelligence-based social metaverse company, announced the completion of $6 million in financing, with participation from SNZ, Everest Venture Group, Folius Ventures, Y 2 Z Ventures, Mask Network, Tess Ventures, Stratified Capital, and Mindfulness Capital . Social Future partners include Animoca Brands, Decentraland, Metajuice and more. Social Future's product MAY is built with blockchain and artificial intelligence, allowing users to generate 3D virtual world images and supporting NFTs with one click, and socialize and entertain in the virtual metaverse. (Business Wire)
Modular blockchain Astria closes $5.5M seed round led by Maven 11
On April 5, the modular blockchain Astria completed a $5.5 million seed round of financing, led by Maven 11, with participation from 1kx, Delphi Ventures, and Figment Capital. The financing was used to develop its shared sequencer network.
Astria is also developing its Astria EVM, which is powered by a network of shared orderers and is planned to serve as the Ethereum Virtual Machine (EVM) for the Celestia data availability layer for the modular blockchain. (CoinDesk)
On April 5, Satsuma, a blockchain data indexing platform, announced the completion of a $5 million seed round of financing, led by Initialization Capital and Archetype, with participation from OpenSea, Y Combinator, Homebrew, and South Park Commons.
Satsuma was established last March. The project uses The Graph's open-source technology to query and index on-chain data. Satsuma is not a decentralized protocol, but a business entity of the SAAS (Software as a Service) model. Satsuma can help developers gain a deeper understanding of on-chain data, making it easier to search and analyze on-chain data, such as the TVL of DeFi protocols. (the block)
Crypto exchange Finst completes $4.4 million seed round led by Deribit parent company
On April 5, the Dutch cryptocurrency exchange announced the completion of a $4.4 million seed round of financing, led by Sentillia, the parent company of Deribit. The new funds will be used to expand Finst's product range to promote its international expansion plans.
Finst, whose trading platform debuted earlier this year, said it has since attracted "thousands of active users" in the Netherlands by offering cryptocurrency trading, with fees on average cheaper than eight trading platforms registered with the Dutch central bank. 82% lower.
Web3 Co-Ownership Platform Lore Completes $4M Strategic Funding Led by Multicoin Capital
On April 7th, Web3 co-ownership platform Lore completed a $4 million strategic financing, led by Multicoin Capital, Seed Club Ventures, North Island Ventures, Balaji Srinivasan, Zeneca, Mischief Ventures, Sfermion, CMT Digital, Patricio Worthalter, Spice Capital and Sublime Venture and others participated in the investment. The funding will support new use cases and expand to other blockchains beyond Ethereum, starting with Polygon and Solana. Lore has raised $7.15 million to date.
Lore, now in public beta, is a platform and protocol that makes it easier for the Web3 creator community and game builds to co-own NFTs, opening up new ownership and utility options. Co-owner collectives can pool resources, issue ownership shares to members, and distribute funds through automated governance settings. (CoinDesk)
Opside Closes $4M Seed Funding Round Led by Web3.com Ventures
On April 5, ZK-RaaS (ZK-rollup-as-a-service) provider Opside announced the completion of a $4 million seed round of financing led by Web3.com Ventures.
Nanfeng, co-founder & CEO of Opside, said, “This round of financing will ensure that we can continue to innovate and further develop and iterate our platform, while expanding our existing team and user scale. We will also start the next one at the right time in the future. A new round of financing."
It is reported that Opside has developed a general-purpose ZK-rollups software development kit that enables developers to deploy their applications on the Opside layer 3 without maintaining any infrastructure. Opside is responsible for layer 2 consensus and data availability, ensuring that all transactions and generated data are hashed and stored on the layer 2 Opside chain. (CointeleGraph)
Web3 task platform Zealy completes $3.5 million pre-seed round of financing led by Redalpine
On April 5, Zealy, a community-based Web3 task platform, announced the completion of a US$3.5 million pre-seed round of financing, led by Redalpine, Connect Ventures, Aglaé Ventures, Kima Ventures, Purple, STATION F, Founders Future, Pareto Holdings, and a A batch of business angel investors from The Sandbox, POAP, DFNS, Starton and Pianity participated in the investment.
It is reported that Zealy allows members to post digital assets, physical and virtual events and tasks, helping Web3 companies to participate, analyze and expand the community. (finsmes)
Web3 Platform Ecosapiens Completes $3.5 Million Seed Round Led by Collab+Currency
On April 5, Web3 platform Ecosapiens completed a $3.5 million seed round of financing, led by Collab+Currency, Celo's CFO Alex Witt, Moonbirds' former COO Ryan Carson, Boost VC, Slow Ventures, Menlo Ventures and Alumni Ventures Blockchain Fund and others participated in the investment. (Business Wire)
On April 7, according to official news, DWF Labs, a Web3 venture capital institution and a global digital asset market maker, announced that it has invested $3 million in Smart Finance, a well-known project on the GameFi track. The new funds will be used for Smart Finance to expand its technology updates and expand its community operations capabilities, helping to further its mission of bringing the benefits of automated policy agreements to users around the world.
It is reported that DWF Labs is a subsidiary of Digital Wave Finance, providing support for token listing, market making, and OTC trading solutions for invested companies. DWF Labs has offices in Singapore, Switzerland, UAE, Hong Kong, South Korea and the British Islands.
Smart Finance is an automatic strategy agreement focusing on games and NFT products, also known as GameFi, NFTFi Smart Pool. Smart Finance is committed to the development and promotion of the global GameFi, and integrates the value Internet with WEB3 as the core into the society in an easier and more efficient way. The Smart Finance team has strong AI technology development capabilities and has successfully led a number of AI technology development programs and projects.
Encrypted salary management company Franklin completes $ 2.9 million in seed funding
On April 5, Franklin, an encrypted salary management company, completed a $2.9 million seed round of financing. This round of financing was co-led by Gumi Cryptos Capital and CMT Digital. Franklin can pay employees and contractors in cryptocurrency anywhere in the world, including the United States.
Built on the ethereum mainnet and Polygon, the project provides tools for automating payroll payments and tax filings for select cryptocurrencies. (CoinDesk)
On April 6, the decentralized real-time communication network Huddle 01 completed a financing of US$2.8 million, Superscrypt, M 31 Capital, Protocol Labs, East Ventures, Longhash Ventures, Good News Ventures, Balaji Srinivasan, Stani Kulechov, Dan Romero and Juan Benet, etc. Participate in voting.
With the new round of funding, Huddle 01 plans to grow its ecosystem to support thousands of applications and launch its network of nodes to facilitate mass communication and reward them with Huddle 01 tokens. (PR News Wire)
Metaverse Project Sensorium Receives $2.5 Million Investment Commitment from DWF Labs
On April 6, Sensorium, an AI-driven metaverse project, officially announced that it has reached an investment agreement with DWF Labs. According to the requirements of the agreement, DWF Labs has committed to purchase $2.5 million in Sensorium’s native token SENSO.
ENS Vision Announces $2M Seed Funding Round Led by 1confirmation
On April 5th, according to official news, ENS Vision announced the completion of a $2 million seed round of financing, led by 1co nfirmation.
On April 6, Patientory, a blockchain health data service company, announced the completion of $1.5 million in financing, with participation from BackStage Capital, Arlan Hamilton, Colorado Permanente Medical Group, RGA Ventures + Moda Health, Expert Dojo, GSK, Novartis, American Heart Association, etc. .
Patientory on Wednesday launched a "smart" health data wallet app that lets users store their information securely, and its blockchain-based, HIPAA-compliant private medical data ecosystem syncs medical records and wearables Health data, allowing users to better control and track their own health. (Axios)
On April 5, Kryptview, an encrypted token research platform, announced the release of a cryptocurrency search tool and completed a financing of US$1.5 million, with participation from KuCoin, Bitpanda, GSR, and Serafund.
Kryptview said that in its platform, users can sort Tokens according to certain criteria, such as the proportion of women in the team, the location of the project headquarters, whether the project has released a white paper, etc. (PR News Wire)
On April 6, Steer Protocol, a decentralized liquidity management platform, announced the completion of a $1.5 million seed round of financing, led by Druid Ventures, with participation from Republic Capital and Big Brain Holdings.
Steer Protocol solves liquidity management challenges through centralized liquidity (CL) products, enabling liquidity providers to allocate funds more efficiently, thereby improving traders' returns and reducing slippage, while also helping DeFi protocol tokens create incentive vaults, Channel liquidity and foster more efficient markets. (einnews)
On April 5, Mutiny Wallet, a network-first and privacy-focused Bitcoin wallet, completed a seed round of financing of over $300,000, with participation from Ten 31, Brad Mills, Chris Hunter, American Hodl, Ti Kawamoto, and NVK. (nasdaq)
On April 3, KuCoin Wallet was renamed Halo Wallet, and the team has officially separated from KuCoin Group and will operate independently.
KuCoin stated that the rebranding means that Halo Wallet will expand from the Web3 wallet to the wider SocialFi, including building an ecosystem on the basis of Web3 DID.
It is reported that Halo Wallet has received the first round of financing from KuCoin Ventures, IDG, HashKey Capital, etc.
Soccer metaverse project TOPGOAL receives multi-million dollar investment from DWF Labs
On April 4th, TOPGOAL, a football metaverse project, announced that it has received millions of dollars in investment from DWF Labs. DWF Labs is a Web3 venture capital institution and digital asset market maker.
The announcement stated that this investment will enable TOPGOAL to build a soccer metaverse driven by artificial intelligence and blockchain technology, further realizing its vision of bringing sports to Web3 and creating new digital and virtual experiences.
5G blockchain network Karrier One closes first round of funding
On April 5, the 5G blockchain network Karrier One announced today that it has closed its first round of financing, the amount and participants of which are unknown.
Karrier One is a decentralized mobile network that uses the Karrier One blockchain to seamlessly and anonymously connect smartphones and users, providing affordable and reliable mobile and Internet connections. Currently, Karrier One has successfully connected to 10 ground 4G nodes, and future-proof the deployment of 5G in rural Canada, allowing the iPhone to communicate completely off the network of existing telecommunications infrastructure. (businesswire)
Hashkey and Bixin lead Safeheron Pre-A+ round of financing
On April 7, Safeheron, a one-stop open source self-hosting service provider, announced on April 7, 2023 the completion of its Pre-A+ round of financing, jointly led by Hashkey Capital and Bixin Ventures.
The Pre-A+ round of financing will be used to promote engineering implementation and technical research, including new MPC algorithms, TEE hardware isolation technology and institutional-level solutions to meet customers' diverse security needs. Safeheron is currently in the process of raising a new round of A round of financing.
Safeheron has reached cooperation with leading customers in the industry such as Rong 360, DTC, Advance.AI, ZING, ABCDE Capital and BitMart. Alibaba Cloud has also reached a cooperation intention with Safeheron, and will integrate Safeheron's MPC+TEE security products to jointly create a cloud-based Web3 security infrastructure.
Safeheron will continue to open source multiple MPC-ECDSA protocols, including the MPC-ECDSA protocol that supports STARK curves, to help MPC wallet users interact with dApps more safely.
As previously reported, Safeheron completed a $7 million Pre-A round of financing led by Yunqi Partners and Web3 Vision and established a strategic partnership with MetaMask.
