According to Foresight News, from November 9, 2024 to November 15, 2024, there were 18 investment and financing events in the crypto market, including 7 in tools and infrastructure, 3 in DeFi, 2 in asset management, 2 in blockchain games and NFT, and 4 in Web3. The total amount of investment and financing disclosed is approximately US$164 million.
Summary of total disclosed financing amount and financing number at weekly level:
This week's investment and financing projects are sorted by financing amount as shown below:
This week, there were five financings of tens of millions of dollars, including digital asset infrastructure provider Wyden's $16.4 million Series B financing, led by Truffle Capital; 0G Labs completed a $40 million seed round and received a $250 million token purchase commitment; Notabene completed a $14.5 million Series B financing, led by DRW Venture Capital; Mocaverse, a subsidiary of Animoca Brands, completed a $10 million financing; StakeStone completed a $22 million financing, led by Polychain Capital.
Among the investment and financing segments, the tools and infrastructure sectors were relatively hot this week, while the asset management, NFT and blockchain gaming sectors were relatively sluggish.
In terms of institutions, active institutions this week include Polychain Capital and Binance Labs, which mainly focus on tools and infrastructure.
Tools and Infrastructure
Brevis Network Completes $7.5 Million Seed Round
Brevis is a ZK coprocessor or computing network designed to improve the scalability of blockchains through ZK proofs. By making complex tasks such as data processing happen off-chain, only the verified proofs are sent back to the blockchain to reduce the workload of the blockchain, increase speed and reduce costs.
AI cryptographic signature solution provider Ennoventure completes $8.9 million Series A financing
Co-founded by Padmakumar Nair and Shalini V Nair in 2018, Ennoventure is an AI-based cryptographic signature solution provider for tracking packaged products.
0G Labs Completes $40 Million Seed Round and Receives $250 Million Token Purchase Commitment
Zero Gravity Labs is a crypto artificial intelligence startup.
Wyden Completes $16.4 Million Series B Financing
Wyden is a digital asset infrastructure provider.
BetHog Completes $6 Million Seed Round
BetHog is a crypto project built by the founder of FanDuel.
TON expansion project TAC completes $6.5 million seed round of financing
TAC is designed to help TON and Telegram users access Ethereum Virtual Machine (EVM) applications within the app.
Pharos Completes $8 Million Seed Round
Pharos is a Layer1 blockchain developer.
DeFi
Usual completes $1.5 million in new round of financing
Usual is a RWA stablecoin protocol.
StakeStone Completes $22 Million Funding
StakeStone is committed to building the first liquid ETH/BTC asset standard based on a highly scalable staking network that supports a risk-free consensus layer for a variety of native assets.
DeFi platform Folks Finance completes $3.2 million Series A financing
Folks Finance is a DeFi platform.
Asset Management
Blockchain embedded asset financing platform Tranched completes $3.4 million in financing
Tranched aims to simplify the asset financing process through blockchain technology, eliminating the structural complexity and high fees involved in securitization.
Notabene Completes $14.5 Million Series B Financing
Notabene, a startup that helps cryptocurrency trading firms comply with anti-money laundering (AML) rules, aims to become the SWIFT for crypto transactions, and currently has 165 companies using the platform, including some of the world’s largest virtual asset service providers (VASPs) such as Copper, OKX, and Ramp.
NFT and blockchain games
Animoca Brands’ Mocaverse Completes $10 Million Funding
Mocaverse advances its goal of accelerating Web3 mass adoption and interoperability, specifically by continuing to scale and build out Mocaverse, the interoperable infrastructure layer for account, identity, and reputation systems for consumer cryptocurrency adoption.
Sports GameFi project Bitball completes $5 million in financing
Bitball aims to connect millions of sports fans to the blockchain through immersive, data-driven gaming, bringing together the worlds of sports and Web3.
Web3
Pulse Completes $1.8 Million Pre-Seed Funding
Pulse is a Web3 health tech startup that enables secure virtual profiles and personalized preventive healthcare. The Pulse wearable device tracks essential health metrics such as heart rate variability, sleep patterns, and blood oxygen levels across over 50 activities.
BIO Protocol Completes Genesis Round 2.5 Community Funding, Raising $2.9 Million
BIO Protocol aims to use blockchain technology to transform the way early-stage scientific research is financed and commercialized.
Eidon Completes $3.5 Million Seed Round
Eidon is a Web3 AI company.
MBD Completes $3 Million Pre-seed Round of Financing
MBD has built a machine learning recommendation system that is pre-trained on-chain data, aiming to provide dynamic, relevant content and actions for each user.
