Original author: Biteye core contributor Viee

Reprinted: Lawrence, Mars Finance

Recently, several projects that have not yet issued tokens successfully raised over $10 million, involving fields like AI, L2, zk, and DeFi. This article will introduce these 18 projects, including KOL attention, investors, and funding amounts.

1, Azra Games

Raised $42 million, funded by Pantera Capital, Andreessen Horowitz, and others.

A blockchain gaming company aiming to create mainstream collectible and combat role-playing games.

2, Glow

Raised $30 million, funded by Framework Ventures, USV, and others.

Glow is building proof of physical work (PoPW) for carbon credits.

3, Nillion

Raised $25 million, funded by Hack VC, HashKey Capital, and others.

Building a decentralized public network based on 'zero computation' to protect data privacy.

4, Atlas

Raised $21 million, funded by Haun Ventures, Paradigm, and others.

A blockchain for verifiable finance, built for reliable transactions and near-zero transaction costs in financial applications.

5, Ithaca

Raised $20 million, funded by Paradigm.

An open-source L2 spun off from Paradigm, currently developing Odyssey.

6, Bluesky

Raised $15 million, funded by Blockchain Capital, SevenX Ventures, and others.

Building the AT protocol to enable creators to build freely independent of platforms.

7, Citrea

Raised $14 million, funded by Founders Fund, Maven 11, and others.

Every transaction is fully protected by zero-knowledge proofs and verified through BitVM.

8, zkPass

Raised $12.5 million, funded by Archetype, Breyer Capital, and others.

Private data protocol utilizing 3P-TLS and hybrid ZK technology.

9, Opacity Network

Raised $12 million, funded by Archetype, Breyer Capital, and others.

Zero-knowledge proof protocol enabling trustless information sharing and verification in minutes.

10, Solv Protocol

Raised $11 million, funded by Blockchain Capital, OKX Ventures, and others.

Decentralized Bitcoin staking protocol.

11, delta

Raised $11 million, funded by Variant Fund, Maven 11, and others.

A network with shared state.

12, Sapien

Raised $10.5 million, funded by Variant Fund, Primitive Ventures, and others.

A scalable data labeling solution aimed at advancing AI language learning models.

13, Variational

Raised $10.3 million, funded by Bain Capital Crypto, Peak XV Partners, and others.

A cryptocurrency derivatives trading protocol based on Arbitrum.

14, vlayer

Raised $10 million, funded by Andreessen Horowitz, BlockTower Capital, and others.

A trustless verifiable data infrastructure powered by zero-knowledge proofs.

15, PumpBTC

Raised $10 million, funded by SevenX Ventures, Mirana Ventures, and others.

Babylon's liquid staking solution.

16, Validation Cloud

Raised $10 million, funded by TCG.

A Web3 infrastructure platform providing elite, high-performance nodes and staking infrastructure.

17, Mento

Raised $10 million, funded by HashKey Capital, No Limit Holdings, and others.

A stablecoin and digital asset innovation lab spun off from cLabs (Celo).

18, PiP World

Raised $10 million, investor details undisclosed.

Web3 gaming and education project, launching a game called Gold Rush on Telegram.