According to Foresight News statistics, from November 16 to November 22, 2024, there were a total of 16 investment events in the crypto market, including 6 in tools and infrastructure, 4 in DeFi, 1 in asset management, 4 in blockchain gaming and NFTs, and 1 in Web3. The disclosed total investment amount is approximately $151 million.
Weekly summary of disclosed total financing amounts and number of financing events:
This week's investment projects are sorted by financing amount as shown in the figure below:
This week, there were 7 financing rounds of over $10 million, including Canaan Creative raising $30 million through preferred stock issuance; decentralized gamer network KGeN completing $10 million financing led by Aptos Labs; crypto wallet Deblock completing approximately $16.8 million seed round financing; crypto entertainment platform Monkey Tilt completing $30 million Series A financing; stablecoin infrastructure platform Noble raising $15 million in Series A financing led by Paradigm; Bitcoin L2 solution Bitfinity Network completing $12 million financing; and Sui ecosystem game studio Ambrus Studio completing $10 million financing.
In the segmented investment tracks, DeFi and tools and infrastructure are both quite active this week, while Web3 and asset management are relatively sluggish.
On the institutional side, active institutions this week include Aptos Labs, Paradigm, and Pantera Capital, mainly focusing on DeFi and blockchain gaming.
Tools and infrastructure
Crypto AI startup OpenLayer completes $5 million seed round financing
OpenLayer acts as an AI data layer, allowing users to contribute and verify data through a Chrome extension and earn points. According to its website, application developers can access this user data with user consent, thus protecting privacy. Use cases include training AI models, user targeting, and enhancing functionality. OpenLayer plans to launch its own token in the future.
Canaan Creative raises $30 million through preferred stock issuance
Bitcoin miner manufacturer Canaan Creative has signed a securities purchase agreement that will raise $30 million to support North American crypto mining and mining equipment development.
Crypto wallet Deblock completes approximately $16.8 million seed round financing
Deblock is a cryptocurrency wallet created by former executives of Revolut and Ledger, currently available only in France, where it is regulated by electronic money institutions and digital asset service providers.
Move ecosystem development platform Shinami completes $5.645 million seed round financing
Shinami is a developer platform in the Move ecosystem that provides services for Move-based blockchains.
Bitfinity Network completes $12 million financing
Bitfinity Network is a Bitcoin L2 solution that has launched, with plans to host dApps such as Sonic, Chapswap, Lendfinity, and Omnity Bridge.
Heurist completes $2 million financing
Heurist is a decentralized AI cloud service.
DeFi
Alluvial completes $4.3 million strategic financing
Alluvial is a developer of Liquid Collective, which will drive the development of dedicated, open, and configurable solutions to accelerate adoption in the institutional staking market.
Barter completes $3 million seed round financing
Barter is a DeFi liquidity solution.
Exponent completes $2.1 million financing
Exponent is a DeFi fixed-rate market.
Modular DEX protocol Valantis completes $7.5 million financing
Valantis was originally an internal project of blockchain research and engineering company Nethermind, established in July 2022. The founding team split off to form the independent entity Valantis Labs after 8 months.
Asset management
Stablecoin infrastructure platform Noble raises $15 million in Series A financing
Noble has partnered with stablecoin issuers such as Circle, Ondo Finance, Hashnote Labs, and Monerium, currently managing assets exceeding $458 million. To date, Noble has raised a total of $18.3 million.
NFT and blockchain gaming
Ambrus Studio completes $10 million financing
Ambrus Studio is a Sui ecosystem game studio, and the Ambrus Studio game E4C: Final Salvation token E4C will have its IDO on November 19.
KGeN completes $10 million financing
KGeN is a decentralized gamer network. The Kratos gamer network operates mainly in India, Brazil, Nigeria, Southeast Asia, and the Middle East and North Africa.
Crypto entertainment platform Monkey Tilt completes $30 million Series A financing
Monkey Tilt will launch in early 2024, combining prediction games, sports, poker, and cryptocurrencies on one platform. Monkey Tilt plans to launch a new gamified cryptocurrency trading product in the first quarter of next year.
Gabby World completes $2 million financing
Gabby World is an AIGC blockchain game.
Web3
EWA project Luluchain completes $5 million institutional round financing
Luluchain is a project dedicated to transforming social scene data into quantifiable value virtual assets (Emotional World Assets).