According to incomplete statistics from Odaily Planet Daily, there were 14 blockchain financing events announced at home and abroad from August 5 to August 11, which was a decrease from last week's data (15). The total amount of financing disclosed was approximately US$61.9 million, which was a decrease from last week's data (US$102 million).
Last week, the project that received the most investment was Andrena, a DePIN project in the Solana ecosystem (US$18 million); followed closely by Vessel, a ZK order book trading platform (US$10 million).
The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and M&A events; 3. * indicates a "traditional" company whose business involves blockchain):
Solana Ecosystem DePIN Project Andrena Completes $18 Million in Financing, Dragonfly Leads the Investment
On August 7, Solana ecosystem DePIN project Andrena completed US$18 million in financing, led by Dragonfly, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures and ParaFi. According to its co-founder Neil Chatterjee, this round of financing is an extension of the Series A financing, and the structure is a simple agreement for future equity (SAFE) with token warrants.
Vessel Completes $10 Million Seed Round, Sequoia Capital and Others Participate
On August 8, ZK order book trading platform Vessel completed a $10 million seed round of financing, with participation from Sequoia Capital, Scroll co-founders Sandy Peng and Ye Zhang, Avalanche Foundation, Algorand Foundation, IMO Ventures, Folius Ventures, Incuba Alpha and a group of angel investors.
Blockchain gaming infrastructure provider Cartridge completes $7.5 million Series A funding round led by Bitkraft Ventures
On August 8, blockchain gaming infrastructure provider Cartridge completed a $7.5 million Series A financing round led by Bitkraft Ventures, with participation from Fabric, Dune, StarkWare, Primitive, and Ergodic. Following the completion of this round of financing, Cartridge also announced the launch of Dojo 1.0, an open source development toolset and framework for building verifiable games.
Web3 AI network DeAgentAI completes $6 million seed round of financing, led by Vertex Capital and others
On August 8, Web3 AI network DeAgentAI announced on the X platform that it had completed a $6 million seed round of financing. This round of financing was led by Web3.com Ventures and Vertex Capital, with participation from Higgs Capital, Kernel Labs, Waterdrip Capital, Tido Capital, PANONY, CatcherVC, Goplus, UXLINK and others.
Web3 game studio Curio completes $5.7 million seed round led by Bain Capital Crypto and SevenX Ventures
On August 6, Web3 game studio Curio completed a $5.7 million seed round of financing, led by Bain Capital Crypto and SevenX Ventures, with participation from OKX Ventures. As of now, its total financing amount has reached $8.7 million. Curio aims to build a composable infrastructure for on-chain games, and the new funds are intended to be used to expand its team size.
Open-source block browser Blockscout completes $3 million seed round of financing, led by 1kx
On August 7, the open source block browser Blockscout announced the completion of a $3 million seed round of financing, led by 1kx, with participation from Primitive Ventures and Gnosis. Angel investors include Evan Van Ness, Alex Svanevik, Kartik Talwar, Anton Bukov and Stefan George.
Intent-driven solver platform Khalani completes $2.5 million seed round led by Ethereal Ventures
On August 7, according to official news, the intent-driven decentralized solver platform Khalani announced the completion of a $2.5 million seed round of financing, led by Ethereal Ventures, with participation from Nascent, Figment Capital, Arthur Hayes (through his family office Maelstrom), Jan Xie, Nick White and others.
BTC ecological project Nexio completed $2.2 million in financing, led by Lattice
On August 9, BTC ecosystem project Nexio announced on the X platform that it had completed a $2.2 million financing round, led by Lattice. The funds will be used to introduce Facebook's Move Virtual Machine into the Bitcoin ecosystem, solve smart contract vulnerabilities in EVM-based expansion solutions and multi-signature bridge designs, and reduce transaction costs and increase transaction throughput.
Solana Ecosystem RWA Project Elmnts Completes $2 Million Pre-Seed Round of Financing, Led by Foundation Capital and Others
On August 6, Solana ecosystem RWA tokenization project Elmnts announced on X that it had completed a $2 million Pre-Seed round of financing, led by Graph Ventures, Foundation Capital and B+J Studios, with participation from Asymmetric, Anagram and Solana co-founders Raj Gokal and Anatoly Yakavenko.
Rollup project LYNC completes $1.5 million Pre-Seed round of financing, with participation from Movement Labs, Aptos and others
On August 8, LYNC, a Rollup project focusing on mobile phone business, completed a US$1.5 million Pre-Seed round of financing. Movement Labs, Levitate Labs, Smape Capital, Amesten Capital, Aptos, 8186 Capital, LonghashX, as well as angel investors such as Gabby Dizon of YGG, Rushi Manche and Cooper Scanlon of Movement Labs, and LAI Ho Tin of J17 Capital participated in the investment.
RWA Project Zoth Completes $1.5M Funding, Launches $100M RWA-Backed ZTLN Token
On August 6, according to official news, the RWA project Zoth completed $1.5 million in financing, and the new funds were used to launch $100 million RWA-backed Tokenized Liquid Notes (ZTLN). This round of financing attracted well-known investors, including Taisu Ventures, G20, Fat Cat Ventures, GemHead Capital, Foundership Ventures, DCI Capital, Absolute Digital VC, Gydra Capital and AstraX Capital. Zoth also received support from Coinbase, Hedera and Ripple's XRPL Foundation, in addition to funding from many crypto angel investors.
Liquidity distribution protocol Quantlytica completes 1 million euro financing, with participation from Polygon Labs Ecosystem Fund and others
On August 8, according to official news, the AI-driven liquidity distribution protocol Quantlytica announced the completion of 1 million euros in financing, with participation from Polygon Labs Ecological Fund, Web3Port Foundation, Eureka Partners, DWF Ventures, Connectico Capital, ZBS Capital, etc. It is reported that the funds raised will be used to support protocol development, strengthen AI assistance within the ecosystem, and break down liquidity barriers between users and project parties.
Televerse Completes $1 Million Seed Round Led by Summer Capital
On August 9, Televerse, an innovative mini-game network based on the TON blockchain, announced the completion of a $1 million seed round of financing led by Summer Capital, with Awakening Ventures, PrecisionEdge Capital and Manta Network founder Victor Ji participating as angel investors.
Moonveil Completes Pre-A Round of Financing, Spartan Leads Investment
On August 6, Moonveil announced the completion of its Pre-A round of financing, with a total financing amount of US$9 million. Spartan led the investment, and Gumi Cryptos Capital, Hashkey, Animoca Ventures, Hivemind and Mask Network participated in the investment.
