From November 16 to November 22, there were a total of 19 investment and financing events in the crypto market, including 6 in infrastructure, 3 in DeFi, 3 in gaming, 2 in social, 1 in prediction markets, 1 in mining, 1 in tools, 1 in CeFi, and 1 in security solutions.
This week, there were 5 financing cases exceeding ten million dollars:
The cryptocurrency platform Monkey Tilt completed a round of Series A financing amounting to 30 million USD, with investors including Pantera Capital, Hack VC, and others.
Bitcoin mining hardware manufacturer Canaan Creative completed a round of financing amounting to 30 million USD, with investors undisclosed.
The checking account integrated with a non-custodial wallet Deblock completed a round of seed financing amounting to 16.8 million USD, with investors including Headlin, Hoxton, and others.
The universal asset issuance chain Noble built for the IBC ecosystem completed a round of Series A financing amounting to 15 million USD, with investors including Paradigm, Wintermute, and others.
The player proof engine Kratos Gaming Network completed a round of financing amounting to 10 million USD, with investors including Aptos, Polygon Labs, and others.
This week's crypto market investment and financing heat remained steady compared to last week, with 6 cases in infrastructure, 3 in DeFi. The cryptocurrency platform Monkey Tilt and Bitcoin mining hardware manufacturer Canaan Creative received the largest financing this week, both amounting to 30 million USD.
This week's investment and financing projects are ranked by financing amount as shown below:
Infrastructure
According to ROOTDATA investment and financing data from 11-22, Lnfi Network completed a round of seed financing with an unknown amount, with investors including HashKey Capital, Waterdrip Capital, and others. Lnfi Network is a second-layer solution aimed at bringing Web3 and tokenization to the Lightning Network, launching LightningFi (representing Lightning Finance), a financial layer that supports sending/receiving, issuing, distributing, fundraising, staking, locking, gifting, and trading Taproot assets through Nostr.
According to ROOTDATA investment and financing data from 11-21, Deblock completed a round of seed financing amounting to 16.8 million USD, with investors including Headlin, Hoxton, and others. Deblock is a checking account integrated with a non-custodial wallet, allowing users to deposit, withdraw, spend, and exchange Euros or cryptocurrencies.
According to ROOTDATA investment and financing data from 11-21, Shinami completed a round of seed financing amounting to 5.64 million USD, with investors including Race Capital, 6th Man Ventures, and others. Shinami is building an infrastructure developer platform for Sui, aiming to help teams build applications faster with a better user experience and less overhead, including node services, in-app wallets, and more.
According to ROOTDATA investment and financing data from 11-19, OpenLayer completed a round of seed financing amounting to 5 million USD, with investors including IOSG Ventures, Spartan Group, and others. OpenLayer is a modular real data layer aimed at modernizing traditional data flows. OpenLayer is contributed by everyone and every device, providing a modular solution to coordinate data collection, verification, and transformation while meeting the needs of web2 and web3 companies.
According to ROOTDATA investment and financing data from 11-19, Noble completed a round of Series A financing amounting to 15 million USD, with investors including Paradigm, Wintermute, and others. Noble is an application chain built for the issuance of native assets in the Cosmos and IBC ecosystems, helping issuers manage their tokens: burning, minting, blacklisting, and other functions. Noble acts as an intermediary, collaborating with stablecoin issuers to efficiently distribute their products to 50 different blockchains while providing developers with a seamless user interface to ensure their application chain is compatible with Noble.
According to ROOTDATA investment and financing data from 11-19, Bitfinity Network completed a round of financing amounting to 5 million USD, with investors undisclosed. Bitfinity (formerly InfinitySwap) is the next-generation EVM, acting as a second layer for Bitcoin and other assets, utilizing threshold signature schemes and built on IC.
DeFi
According to ROOTDATA investment and financing data from 11-22, Exponent Finance completed a round of financing amounting to 2.1 million USD, with investors including RockawayX, Solana Ventures, and others. Exponent Finance is a fixed-price market in the Solana network DeFi, whose issued time-locked tokens can generate fixed income or be used for yield trading. These tokens have a maturity date, allowing users to convert variable DeFi yields into fixed income within a set time span or expand exposure to yield volatility.
According to ROOTDATA investment and financing data from 11-19, Barter completed a round of seed financing amounting to 3 million USD, with investors including Maven11, DCG, and others. Barter is an intent optimization protocol that provides efficient trading routing and optimization support for decentralized applications.
According to ROOTDATA investment and financing data from 11-19, Alluvial completed a round of strategic financing amounting to 4.3 million USD, with investors including Variant Fund, Ethereal Ventures, and others. Alluvial is an enterprise-grade liquid staking protocol that allows token holders to earn rewards from their staked digital assets while ensuring that their digital assets remain freely tradable and usable in other DeFi applications. Alluvial's API integration enables digital asset exchanges, custodians, and other enterprises to easily and efficiently integrate Liquid Collective's liquid staking functionality into their existing product experience.
Gaming
According to ROOTDATA investment and financing data from 11-21, Kratos Gaming Network completed a round of financing amounting to 10 million USD, with investors including Aptos, Polygon Labs, and others. Since 2022, Kratos Studios' mission has been to bring millions of micro-game communities from emerging markets into Web3 to create the most powerful POG (Player Proof) engine and the Kratos Gaming Network (KGeN). The POG engine will enable gamers and game developers worldwide to interact seamlessly through the multi-chain game data network KGEN.
According to ROOTDATA investment and financing data from 11-20, Monkey Tilt completed a round of Series A financing amounting to 30 million USD, with investors including Pantera Capital, Hack VC, and others. Monkey Tilt is an online gaming platform focusing on the fusion of cryptocurrency and online gambling. Players can win real money by correctly predicting whether their chosen player will exceed or fall below their statistical predictions.
According to ROOTDATA investment and financing data from 11-18, KOKODI completed a round of seed financing amounting to 1.1 million USD, with investors including Avalanche, Tenzor Capital, and others. KOKODI is a cross-chain, multi-platform MMO game that allows players to enjoy gameplay using zero-knowledge cryptography. The game is a third-person shooter set in a fantasy environment, offering two modes: the main mode 'Raid' is inspired by 'Escape from Tarkov' and 'Hunt: Showdown', providing a blend of intense and strategic gameplay. The 'Arena' mode combines the best mechanics and game modes of games like (Valorant), (Overwatch), (Apex Legends), and (World of Warcraft).
Social
According to ROOTDATA investment and financing data from 11-20, Gabby World completed a round of financing amounting to 2 million USD, with investors including SevenX Ventures, EVG, and others. Gabby World is an AIGC social metaverse for users' other virtual selves 'Gabbies', who will represent users in socializing within the Web3 world.
According to ROOTDATA investment and financing data from 11-19, LuluChain completed a round of financing amounting to 5 million USD, with investors including DG Capital, SMO Capital, and others. LuluChain is a new platform that combines emotional value with blockchain technology, utilizing modular blockchain and AI technology to achieve efficient emotional data management and personalized services. LuluChain's vision is to build a smart emotional value ecosystem based on modular blockchain, providing secure and personalized social scenarios to promote the digitization and objectification transformation of global emotional values. By converting human emotions into quantifiable and tradable digital assets, it aims to create a new value chain in a decentralized world.
Others
According to ROOTDATA investment and financing data from 11-22, Truemarkets completed a round of IDO financing amounting to 4 million USD. TrueMarkets is a decentralized prediction market that allows users to predict the outcomes of real-world events. Its purpose is to break the information asymmetry related to global news, enabling people to express real-time sentiments on the probabilities of potential outcomes.
According to ROOTDATA investment and financing data from 11-21, Rise completed a round of Series A financing amounting to 6.3 million USD, with investors including Draper Associates, Polymorphic Capital, and others. Rise is an integrated compliance and payroll solution for global recruiting companies, supporting automatic routing between fiat and cryptocurrencies, helping businesses onboard, manage, and pay local/international contractors while ensuring full compliance and alleviating burdensome tax processes.
According to ROOTDATA investment and financing data from 11-20, Membrane Finance completed a round of acquisition financing with an unknown amount, with investors including Paxos. Membrane Finance is a fintech company specializing in developing financial software and services that seamlessly connect traditional financial infrastructure with blockchain-based services. Membrane Finance is the main architect of EUROe, a fully reserved Euro stablecoin regulated by the EU that aims to bring fiat Euro liquidity on-chain.
According to ROOTDATA investment and financing data from 11-20, Blowfish completed a round of acquisition financing with an unknown amount, with investors including Phantom. Blowfish is a crypto firewall provider aimed at enhancing and protecting Web3 users by instantly identifying malicious transactions. Blowfish has built a simple and user-friendly API to help wallets and custodians protect their users from various attacks (phishing, dApp-level DNS hijacking, software supply chain attacks, etc.) and provide users with instant alerts and readable transaction context.
According to ROOTDATA investment and financing data from 11-19, Canaan Creative completed a round of financing amounting to 30 million USD, with investors undisclosed. Canaan Creative is a computer hardware manufacturer based in China. Founded in 2013, Canaan Creative focuses on blockchain servers and ASIC microprocessor solutions for Bitcoin mining.
