This week, 28 blockchain startups raised a total of $654.2 million in financing. Among them, Iris Energy (now renamed IREN) raised $413 million in Series A financing, becoming the largest financing project this week. IREN is a data center company that uses 100% renewable energy to power Bitcoin mining, artificial intelligence and other businesses.
In addition, Monad Pad raised $0.9 million in seed round financing. Monad Pad is the first token and NFT launch platform built on the Monad network, providing a pre-sale release and participation platform for audited DeFi projects.
QED Protocol raised $6 million in seed round financing. QED Protocol is Bitcoin's native execution layer, providing a horizontally scalable, secure and user-friendly platform for Web3 development.
Onaji raised $2.5 million in the Pre-seed round of financing. Onaji is a machine learning platform for smart contract blockchains, designed to build and run intelligent algorithms that interact with blockchain applications.
Compute Labs raised $3 million in the Pre-seed round of financing. Compute Labs is a computational tokenization protocol that financializes AI by enabling investors to directly access computational assets and create computational derivatives.
Sun Protocol raised an undisclosed amount of funds in a seed round of financing. Sun Protocol integrates liquidity-related functions such as multi-chain transactions, cross-chain capabilities, staking, lightning networks, etc., providing users with a more convenient, secure and comprehensive global asset trading ecosystem.
Nycrypto Labs (Tidus Wallet) raised $800,000 in a pre-seed round of financing. NYCrypto was founded in late 2020 to simplify access to the decentralized world by providing reliable and unbiased technology for blockchain, cryptocurrency, decentralized finance (DeFi) and the metaverse.
Plaza Finance raised an undisclosed amount of funds in a pre-seed round of financing. Plaza Finance is a cross-ecosystem programmable derivatives center that supports the creation and trading of tokenized financial products on the blockchain.
Sentient raised $85 million in a seed round of financing. Sentient is an AI research organization dedicated to advancing the open AGI (Artificial General Intelligence) economy and supporting AI builders and creators.
OpenLedger raised $8 million in seed funding. OpenLedger builds permissionless, data-centric infrastructure for AI development.
Prodia raised $15 million in seed funding. Prodia provides a fast and easy-to-use API for image generation that leverages a distributed network of GPUs to provide efficient cloud computing services.
Lombard raised $16 million in seed funding. Lombard is committed to unlocking the potential of Bitcoin by integrating it into decentralized finance (DeFi), establishing a universal standard for cross-chain, yield-generating BTC without fragmenting liquidity.
Pi Squared raised $12.5 million in seed funding. Pi Squared (also known as Proof of Proof) leverages zero-knowledge (ZK) technology to provide trustless remote computing, artificial intelligence, and interoperable smart contracts for any blockchain or decentralized application (dApp).
SendBlocks raised $8.2 million in seed funding. SendBlocks is a blockchain data management startup that simplifies access to blockchain data through a fully customizable platform.
Cambria raised $2.5 million in seed funding. Cambria is a blockchain development company that developed Duel Arena, a high-stakes one-on-one dueling game where players challenge each other to life-or-death duels in a public arena.
Ethos Network raised $1.8 million in a pre-seed funding round. Ethos is a reputation platform that aims to create a more trusted Web3 ecosystem by allowing users to build their reputation, support others, and punish bad actors.
Mamori raised $5 million in seed funding. Mamori is a machine learning-based platform designed for blockchain value extraction.
Swords & Dungeons raised $5 million in funding. Swords & Dungeons is a P2E DeFi massively multiplayer online role-playing
