According to incomplete statistics from Odaily Planet Daily, there were 32 blockchain financing events announced at home and abroad from May 27 to June 2, an increase from last week's data (29). The total amount of financing disclosed was approximately US$178 million, a significant decrease from last week's data (US$338 million).
Last week, the project that received the most investment was Bitcoin equity project Babylon (US$70 million); Neynar, a decentralized social networking tool, also impressed people with its luxurious investment lineup.
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):
Babylon completes new round of financing of US$70 million, led by Paradigm
On May 30, Bitcoin equity project Babylon announced the completion of a new round of financing of US$70 million, led by Paradigm, with participation from Polychain Capital, the venture capital arm of cryptocurrency exchange Bullish (also the parent company of CoinDesk), HashKey Capital, Mantle, HackVC, ViaBTC Capital, Amber, imToken, Breyer Capital, IOSG, HTX Venture and LD Capital. The latest round of financing follows the US$18 million raised in December last year.
Decentralized social network tool Neynar completes $11 million Series A financing, with participation from a16z and others
On May 30, Neynar, which provides developers with tools to build decentralized social networks, announced the completion of an $11 million Series A financing round led by Haun Ventures, with participation from a16z, CSX, Coinbase Ventures and Union Square Ventures.
Decentralized AI infrastructure project GaiaNet completes $10 million seed round of financing
On May 28, the decentralized artificial intelligence project GaiaNet completed a $10 million financing round. Its key strategic advisors include Lex Sokolin of Generative Ventures, Brian Johnson of Republic Capital, Shawn Ng of 7 RIDGE, Kishore Bhatia, EVM Capital, Mantle EcoFund and ByteTrade Lab.
Fortunafi completes strategic seed round of financing of US$9.51 million with a valuation of US$48 million, with participation from Shima Capital and others
On May 30, the RWA tokenization platform Fortunafi announced the completion of a $9.51 million strategic seed round of financing at a valuation of $48 million. Shima Capital, Manifold, Jordan Fish (also known as Cobie), Ari Litan of LayerZero Labs, Austin Green of Llama, Evanss 6 and Scott Lewis participated in the investment.
Switchboard Completes $7.5 Million Series A Funding, Led by RockawayX and Tribe Capital
On May 28, the oracle protocol Switchboard announced the completion of a US$7.5 million Series A financing round, led by Tribe Capital and RockawayX, with participation from Mysten Labs, InfStones Global, OtterSec, Bixin Ventures and various angel investors.
ARPA Network Completes $6 Million Strategic Round of Financing, with Animoca Ventures and Others Participating
On May 30, according to official news, the decentralized secure computing project ARPA Network completed a $6 million strategic round of financing, with participation from Nomura's Laser Digital and DeFiance Capital, Animoca Ventures, Metrics Ventures, ArkStream Capital and Trinito. ARPA Network also previously received a multi-million dollar strategic investment from DWF Labs to promote the development of decentralized computing solutions.
Decentralized transaction execution protocol STXN completes $5.5 million seed round of financing, with Shima Capital and others participating
On May 30, the decentralized transaction execution protocol Smart Transaction (STXN) announced the completion of a $5.5 million seed round of financing, with participation from HackVC, Backed, Shima Capital, Signum Capital, Antalpha, Gate.io, Breed VC, Chorus One, Tane, etc. The specific valuation information has not been disclosed. Smart Transaction is a decentralized transaction creation and execution framework run by a solver, allowing users to set specific conditions for transaction time and execution, and can process transactions based on precise conditions and time.
OpenSocial Protocol Completes $5 Million Seed Round Led by Portal Ventures and SNZ Capital
On May 28, OpenSocial Protocol, a multi-chain SocialFi infrastructure protocol, announced the completion of a $5 million seed round of financing, led by Portal Ventures and SNZ Capital (early supporters of Ethereum, Chainlink, Cosmos, Arbitrum, Polkadot and Dfinity), with participation from OKX Ventures, Orange DAO, Animoca Brands, Awesome People Ventures, Arche Fund, Decima Fund, Moonrock Capital, Panony, Summer Ventures; and Web3 entrepreneurs such as Smokey the Bera, Brian Fabian Crain, Mike Dudas, Martin El-Khouri, Roham Gharegozlou, Don Ho, Mable Jiang, Adam Jin, Serge Kassardjian and Jason Yano.
Web3 gaming platform TRALA raises $5 million, with Matter Labs, Animoca Brands and others participating
On May 31, TRALA, a one-stop global Web3 gaming platform, announced the completion of a US$5 million financing round, with Matter Labs, Animoca Brands, Gate Labs and 14 other global investors participating.
Blockchain node management platform NodeOps completes $5 million seed round of financing, led by L1 D
On May 28, blockchain node management platform NodeOps received US$5 million in seed round financing, led by L1 D, with participation from Blockchain Founders Fund, Finality Capital and others.
Crypto asset financial services provider SCRYPT announced the completion of a $5 million strategic financing led by Braza Bank
On May 29, SCRYPT, a crypto asset financial services provider, announced the completion of a $5 million strategic financing round led by Braza Bank, with participation from venture capital firms such as Funfair Ventures, Cabrit Capital and Atlantic Labs.
Ethereum L2 network Mint Blockchain completes $5 million seed round of financing
On May 31, Ethereum L2 network Mint Blockchain completed a $5 million seed round of financing, with investors including Jsquare, SNZ Capital, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, GoPlus, Whitelist Ventures, PANONY Group, and individual investors Smart Token Labs founder Victor and GoPlus founder Mike. This round of financing will be used for Mint Blockchain's global market brand building and NFT infrastructure development.
Blockchain game developer Supervillain Labs completes $4.5 million seed round of financing, led by Aptos Labs and Intella X
On May 29, blockchain game developer Supervillain Labs announced on the X platform that it had completed a $4.5 million seed round of financing, led by Aptos Labs and Intella X, with participation from Spartan Group, KIP-CRIT Interactive Contents Fund, Presto Labs and Planetarium Labs. The new funds will be used for the development of its games Supervillain: Idle RPG and Project ARK, and will use Aptos' blockchain technology to enhance user experience.
Web3 AI and gaming company PlayAI completes $4.3 million seed round, with participation from P2 Ventures and others
On May 29, Web3 AI and gaming company PlayAI announced the completion of a $4.3 million seed round of financing, with participation from P2 Ventures, Jump Crypto, Alphawave, Zentry, MH Ventures, Tykhe Block Ventures, etc., with a valuation of $70 million. PlayAI mainly provides rewards to gamers who share game data and uses this data to train AI models.
Parasail Completes $4 Million Seed Round at $50 Million Valuation, Led by Protocol Labs
On May 28, according to official news, Parasail Protocol, which focuses on improving the security of DePIN hardware services, recently announced the completion of a $4 million seed round of financing, with a valuation of $50 million. The seed round of financing was led by Protocol Labs, and D 11 Labs, MH Ventures, BitRise Capital, E V3, Fenbushi Capital, Modular Capital, Faculty Group, DWF Ventures, Foresight Ventures, AGE Crypto, Waterdrip Capital and others participated.
RWA stablecoin issuer Anzen Finance completes $4 million seed round of financing, with participation from Mechanism Capital and others
On May 28, Anzen Finance, the issuer of RWA stablecoin, announced the completion of a $4 million seed round of financing with participation from Mechanism Capital, Circle Ventures, Frax, Arca, Infinity Ventures, Cherubic Ventures, Palm Drive Ventures, M 31 Capital, Kraynos Capital and others.
E Money Network Completes $3.3 Million Bridge Round of Financing, Led by Animoca Brands and Kelsier Ventures
On June 1, E Money Network announced on X platform that it had completed a $3.3 million bridge round of financing, led by Animoca Brands and Kelsier Ventures, with participation from GBV Capital, Momentum 6, Blockchain Founders Fund, Morningstar Ventures, KuCoin, Black Edge Capital and Banter Capital.
Solana Ecosystem SocialFi Platform Zizle Completes $3 Million Pre-Seed Round of Financing, with Black Dragon and Others Participating
On June 1, Solana Ecosystem SocialFi platform Zizle announced the completion of a $3 million Pre-Seed round of financing, with participation from Unity Ventures, Black Dragon, Node Kapital, Khaled Guerbouz, and a group of angel investors. The new financing will enable Zizle to complete the development of its application, and it is now ready to transition from stealth mode to a public beta version.
Crypto wallet company El Dorado completes $3 million seed round of financing, led by Multicoin Capital and others
On May 29, Colombian crypto wallet company El Dorado announced the completion of a $3 million seed round of financing, led by Multicoin Capital and Coinbase Ventures. Prior to completing this round of financing, El Dorado joined the Skydeck acceleration program at the University of California, Berkeley.
Kuroro Beasts Completes US$2.5 Million Strategic Round of Financing, Animoca Brands Participates
On May 30, according to official news, Arbitrum ecosystem blockchain game Kuroro Beasts announced the completion of a US$2.5 million strategic round of financing, led by Animoca Brands and Sanctor Capital, with participation from Axie co-founder Jihoz, Pixels founder Luke Barwikowski and others.
Danish decentralized wallet infrastructure ZTLment completes 2.4 million euros in Pre-Seed financing, with participation from PreSeed Ventures and others
On May 29, ZTLment, a decentralized compliant wallet infrastructure headquartered in Copenhagen, Denmark, announced the completion of a 2.4 million euro Pre-Seed round of financing, with participation from PreSeed Ventures, Upfin, Giant Ventures and a group of angel investors.
Web3 instant settlement payment provider Coinflow Labs completes $2.25 million in financing, led by CMT Digital
On May 28, Web3 instant settlement payment provider Coinflow Labs announced the completion of a $2.25 million seed round of financing, led by CMT Digital, with participation from Reciprocal Ventures, Jump Crypto, Draper Dragon, Digital Money Group and others.
Avalanche’s on-chain stablecoin project Stable Jack completes $1 million angel round of financing
On May 31, the Avalanche on-chain stablecoin project Stable Jack announced the completion of a $1 million angel round of financing. The investor and valuation information have not yet been disclosed. It is reported that Stable Jack currently mainly provides income-generating stablecoins, volatile AVAX tokens and stable exchange products.
Stablecoin project defi.money completes strategic round of financing, with LayerZero Labs and others participating
On May 29, the stablecoin project defi.money announced on the X platform that it had completed a strategic round of financing, with participation from GBV Capital, LayerZero Labs, and a group of angel investors including Curve Finance founder Michael Egorov. The specific amount has not been disclosed yet.
AI-driven DeFi platform Aperture Finance completes Series A funding, with valuation reaching $250 million
On May 29, AI-driven DeFi platform Aperture Finance completed its Series A financing, bringing the total financing to $12 million and its valuation to $250 million. This round of financing was led by investment institutions such as Skyland Ventures, Blockchain Founders Fund and Krypital Group, with participation from investors such as Alchemy, SNZ, Stratified Capital, Tide, Cipholio, ViaBTC, CatcherVC and Double Peak.
UniTap, a decentralized financial platform for BRC-20 and Rune, completes private round of financing, led by X Ventures
On May 29, UniTap, a decentralized financial platform for BRC-20, Rune, and TAP tokens, announced the completion of a private round of financing, led by X Ventures, with participation from Unidentified, MeowCapital, Primony, and Altier Capital. The specific amount and valuation data have not yet been disclosed. Unitap provides a trustless on-chain token exchange tool to become the central hub of TAP DeFi, providing efficient and decentralized token transfers and bridges, including token swaps, TAP-based token bridges, and TAP protocol integration.
Blockchain expansion infrastructure provider Lumoz completes new round of strategic financing
On May 29, according to official news, Lumoz, a blockchain expansion infrastructure provider, announced the completion of a new round of strategic financing, with participation from IDG Blockchain, Blockchain Coinvestors, Gate Ventures, Summer Capital, EVG, 7 upDAO, Sweep Ventures, etc. The specific amount has not been disclosed. The new funds will continue to be used for Lumoz team expansion, modular computing layer, ZK-RaaS platform construction and technological innovation.
Oracle Solution API 3 Completes Strategic Round of Financing, Led by DWF Labs
On May 29, according to market news, the oracle solution API 3 announced the completion of a strategic round of financing, led by DWF Labs. It is reported that this round is a strategic fund diversification financing, with a scale of 4 million USDC, of which DWF Labs contributed 2 million USDC, Spartan Group 1 million USDC, Laser Digital and Caladan (formerly AlphaLab) 500,000 USDC. DWF Labs received 711,744 API 3, Spartan Group received 355,872 API 3, Laser Digital and Caladan received 177,936 API 3. It is reported that the lock-up period of the tokens is in the form of 12-month linear unlocking and 6-month cliff unlocking, which means that 50% of the tokens will be unlocked six months after the proposal is passed, and the remaining 50% will be unlocked linearly in the next six months.
Web3 social platform beoble completes new round of financing, Ripple participates in the investment
On May 29, Web3 social platform beoble announced on X Platform that it had completed a new round of financing, with Ripple participating in the investment, but the specific amount was not disclosed. Beoble said it would seek ways to launch its services on XRP Ledger (XRPL). It is understood that beoble is a Web3 messaging and social platform that aims to provide secure and decentralized wallet-to-wallet communication.
Digital market infrastructure operator Marketnode completes Series A financing, led by HSBC
On May 30, Marketnode, a digital market infrastructure operator founded by SGX and Temasek, completed its Series A financing, led by HSBC, with investors also including existing shareholder Temasek.
DePIN platform XMAQUINA completes Pre-Seed round of financing, with participation from EoT Ventures and others
On May 30, XMAQUINA, a token-based automated robot DePIN platform, announced on the X platform that it had completed its Pre-Seed round of financing, with participation from EoT Ventures and Moonrock Capital. The specific amount and valuation data have not yet been disclosed.
Blockchain game project Zentry completes strategic round of financing, with Spartan, LongHash and others participating
On May 30, according to official news, the blockchain game project Zentry (formerly the blockchain game guild GuildFi) announced the completion of a strategic round of financing, with Spartan, LongHash, Synergis and DWF Labs participating in the investment. The specific amount has not been disclosed yet.
