🚀 #CryptoNews: August is a month of huge investments in Web3 startups! 🌐

- PIP Labs raises $80M, values ​​Story Protocol at $2.25B. Backed by a16z Crypto and Polychain Capital.

- Andrena raises $18M to provide decentralized wireless internet.

- Gameplay Galaxy raises $24M for blockchain game.

- Parafi Capital raises $120M for new crypto fund, Lemniscap raises $70M.

- Open Network Ventures launches $40M fund to support early-stage crypto projects.

📈 Q2/2024: Crypto startup investment up 2.5% to $2.7B, but transaction volume down 12.5%.

💡 Orderly Network raises $5M to solve DeFi liquidity problems, supports 6 blockchains: Polygon, Arbitrum, Optimism, Base, Ethereum, Mantle.

💸 Echelon raises $3.5M to expand DeFi lending on the Move blockchain.

🔧 Solayer Labs receives $12M to improve Solana network infrastructure.

🚀 Parlay Labs raises $2M, launches multi-chain no-code platform.

💰 Peregrine Exploration raises $3.6M to develop Level stablecoin protocol.

🔗 Quai receives $5M to develop Layer-1 blockchain infrastructure.

📢 What do you think about these investments? Comment below! 💬#Blockchain#Web3#DeFi#CryptoInvesting