Wu said VC monthly report: The number and amount of financing in October hit a new low since 2021

吴说区块链 · 2023-11-01T22:50:02.000Z

Author | Wu Shuo Blockchain According to RootData statistics, there were 75 public investment projects by crypto VC in October, a 10% month-on-month decrease (a total of 83 projects in September 2023) and a year-on-year decrease of 45% (a total of 135 projects in October 2022). Note: Since not all financings are announced during the month, the above statistics may increase in the future. The first-level classification of the industry is as follows: Among the various tracks in the encryption market in October, the financing amount of infrastructure projects accounted for about 24%, DeFi accounted for about 21%, CeFi accounted for about 9%, and NFT/GameFi accounted for about 13%. Total funding in October was $430 million, down 20% month-on-month (total $530 million in September 2023) and down 63% year-over-year (total $1.15 billion in October 2022). Rounds that included more than $12 million were as follows:

Author | Wu talks about blockchain
According to RootData statistics, there were 75 public investment projects by crypto VCs in October, a 10% decrease from the previous month (83 projects in September 2023) and a 45% decrease from the previous year (135 projects in October 2022). Note: Since not all financing is announced in the same month, the above statistics may increase in the future. The first-level classification of the industry is as follows:
Among the various tracks of the crypto market in October, the financing volume of infrastructure projects accounted for about 24%, DeFi accounted for about 21%, CeFi accounted for about 9%, and NFT/GameFi accounted for about 13%.
Total funding in October was $430 million, down 20% from the previous month ($530 million in September 2023) and down 63% from the previous year ($1.15 billion in October 2022). The following rounds raised more than $12 million:
Web3 security agency Blockaid has received $33 million in financing, including a $6 million seed round with participation from Sequoia Capital, Greylock Partners, and Cyberstarts, and a $27 million Series A round led by Ribbit Capital and Variant. Blockaid was founded in September 2022 by Ben-Natan and his former colleague Raz Niv, who previously worked in the cybersecurity R&D team of Unit 8200, the Israeli military's cyber intelligence department, and in the Israeli Prime Minister's Office. Blockaid recently partnered with MetaMask to launch an alert feature to protect users from phishing attacks.
Blackbird announced the completion of a $24 million Series A funding round led by a16z. Blackbird provides loyalty and connectivity tools for restaurants. Every check-in through Blackbird earns access, rewards, privileges, and FLY loyalty points. In 2022, it had completed a $11 million seed round.
Decentralized derivatives exchange SynFutures has raised $22 million in Series B funding, led by Pantera Capital and participated by HashKey Capital and others. SynFutures is currently the second-largest derivatives protocol on Polygon, and co-founder and CEO Rachel Lin is open to the idea of ​​launching a native token in the future.
Crypto trading and lending platform Membrane Labs has raised $20 million in Series A funding, with participation from well-known companies such as Brevan Howard Digital and Point72 Ventures. The funds will be used to help build the mature trading infrastructure needed in the cryptocurrency field.
Game company NEON Machine announced that it has completed a $20 million financing led by Polychain Capital, with participation from IOSG Ventures and others. The investment will be used to develop games. The company is about to launch a blockchain-based shooting game Shrapnel. The paid early access version will be launched in December, and the free public beta version is expected to be launched in August next year.
Binance announced the launch of the 39th new coin mining project Memecoin (MEME), and will list Memecoin (MEME) at 16:00 on November 03, 2023. MEME is the ecosystem token of Memeland, a Web3 creative studio under 9GAG. The Memecoin (MEME) community presale has ended, raising a total of approximately 8,737 ETH (approximately US$15.67 million).
RWA lending platform Untangled Finance has raised $13.5 million and is now live on the Celo network. The main investor in this round is Fasanara Capital. Untangled also announced plans to expand to Ethereum and Polygon through the Chainlink cross-chain interoperability protocol.
Startup smlXL announced the completion of a $13.4 million seed round of financing, with participation from a16z crypto, Greylock and others. The new funds will be used to build a 16-person team and develop products, including evm.codes and evm.storage. Founder Dor Levi said that evm.storage is aimed at developers and more experienced blockchain users, and the company is also expanding its coverage to unverified Solidity contracts.
The Uniswap community passed the proposal to "invest in Ekubo Protocol". According to the proposal, Uniswap will invest 3 million UNI (about 12 million US dollars) in Ekubo, the leading exchange on Starknet, in exchange for 20% of its future governance tokens. Ekubo's founder Moody Salem was once the head of engineering at Uniswap.