Compiled by: Golden Finance
This week, 10 blockchain startups raised $88 million in funding.
This week's largest fundraising round
BIO Protocol raised $64.4 million in a public fundraising round.
BIO is a decentralized science (DeSci) protocol aimed at advancing biotechnology research through community-owned decentralized autonomous organizations (DAOs), tokenized scientific intellectual property, and open funding channels. It supports early-stage scientific research by allowing the creation and governance of biotechnology DAOs, where stakeholders can fund, develop, and trade intellectual property assets. BIO's mission is to leverage blockchain technology to accelerate scientific innovation, making it more accessible and collaborative.
Angel round and seed round financing
Haedal raised an undisclosed amount in seed funding from Hashed, Comma3 Ventures, OKX Ventures (formerly OKEx Blockdream Ventures), Animoca Ventures, Sui Foundation, Flow Traders, Dewhales Capital, Cetus Protocol, Scallop, and Arthur0x.
Haedal is a liquid staking protocol on the Sui blockchain that allows users to stake their SUI tokens and receive haSUI tokens in return. These haSUI tokens can generate yields and can be used for various decentralized finance (DeFi) activities within the Sui ecosystem, enabling users to earn staking rewards while maintaining liquidity.
Hyperfluid raised an undisclosed amount in Pre-seed funding from Ankaa and BlockBooster.
Hyperfluid is an on-chain hybrid order book and automated market maker (AMM) decentralized exchange (DEX) designed specifically for the Aptos blockchain. It combines the efficiency of automated market makers with the flexibility of order book trading, making asset swaps and trading on Aptos seamless.
Accountable raised $2.3 million in seed funding from Miton C fund, Zee Prime Capital, Darius Rugys, and DCBuilder.
Accountable is a decentralized, privacy-focused data platform that provides real-time validation of asset, liability, and transaction exposure using advanced cryptographic techniques like zero-knowledge proofs. Users can connect their custodial and exchange accounts to generate credit risk reports and share these reports securely with lenders at their discretion. The platform supports over 30 blockchains and offers solutions like proof of solvency for exchanges and stablecoin issuers, enhancing trust and transparency in the digital asset ecosystem.
DataDance raised an undisclosed amount in seed funding from Hash Global.
DataDance is an Ethereum Layer 2 solution aimed at transforming consumer data asset services by allowing artificial intelligence (AI) to leverage user data while ensuring privacy. It enables businesses and individuals to tokenize and trade data assets on-chain, fostering a decentralized data asset service and trading platform.
Other financing rounds
Arbelos Markets raised an undisclosed amount of funding in a merger financing round from FalconX.
Arbelos Markets is a trading company that provides primary liquidity for a range of crypto derivatives markets, from bespoke custom solutions to programmatic trading.
Silencio raised $1.3 million in a public fundraising round.
Silencio is a community-driven network that encourages users to provide hyper-local noise data through a free application to tackle noise pollution issues. As the world's largest citizen science project, Silencio allows users to share the sound levels around them, earn rewards, and monetize their data, providing more accurate noise maps for industries such as real estate, hospitality, wellness, insurance, government, and academia, with the ultimate goal of combating noise pollution and improving global quality of life.
Fold raised $20 million in a financing round from ATW Partners.
Fold is a financial services platform that allows users to earn Bitcoin rewards on everyday purchases through its prepaid debit card and app. Users can purchase Bitcoin with zero fees, pay bills, and shop at top retailers like Amazon, Uber, and Starbucks while earning Bitcoin cashback rewards.
Thena raised an undisclosed amount of funding in a financing round from Binance Labs Fund.
THENA is the native liquidity layer and automated market maker (AMM) on Binance Smart Chain, providing efficient token swaps, yield farming, and participation in decentralized finance (DeFi) services. Users can earn $THE rewards by staking tokens, enjoy leveraged farming, and benefit from security measures such as client-side validation.
Pentagon Games raised an undisclosed amount of funding in a financing round from 071labs (Zero Seven One Labs).
Pentagon Games is an innovative platform that leverages Web3, artificial intelligence (AI), and extended reality (XR) metaverse technologies to revolutionize game development, distribution, and experience. As an official validation node for Polygon, Pentagon Games offers a full suite of services to bring games into the Web3 ecosystem, including proprietary AI tools for development, launch pads, and tokenomics consulting, as well as access to partner and player networks. The platform aims to enhance game branding and provide immersive experiences, making it an innovation hub in the gaming industry.