BIGGEST FUNDRAISING ROUNDS IN JUNE šŸ’°

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Last month, over $891M was secured through 116 deals in crypto fundraising market.

1/ Bitstamp secured $200M in M&A led by Robinhood

Bitstamp is a global crypto exchange providing a safe and reliable platform where anyone can exchange traditional currencies for a range of the world's leading cryptocurrencies.

2/ GRIID secured $155M in M&A led by CleanSpark

GRIID is a Bitcoin Miner.

3/ Hut 8 Mining secured $150M in Strategic Round led by Coatue Management

Hut 8 is one of the largest digital asset miners in North America.

4/ Avail secured $43M in Series A led by Dragonfly Capital, cyber Fund

Avail is a blockchain that is laser-focused on data availability: ordering and recording blockchain transactions, and making it possible to prove that block data is available without downloading the entire block.

5/ Conduit secured $37M in Series A led by Paradigm, Haun Ventures

Conduit is a crypto-native infrastructure platform designed to empower and accelerate builders in the crypto space.

6/ M^0 secured $35M in Series A led by Bain Capital Crypto

M^0 is money middleware for the digital age. Based on a decentralized architecture and best-in-class collateral design, M^0 allows institutions to issue cryptodollars.

7/ Nexus secured $25M in Series A led by Pantera Capital, Lightspeed

Nexus Network is a massively-parallelized proof mining network.

8/ MegaETH secured $20M in Seed led by Dragonfly Capital

MegaETH is building ultra high-throughput & low-latency EVM-compatible L2s.

9/ ORA secured $20M in funding round

ā€‹ORA is the verifiable oracle protocol that brings AI and complex compute onchain.

10/ The Sandbox secured $20M in funding round led by Animoca Brands, Kingsway Capital

The Sandbox is a decentralized, community-driven gaming ecosystem.

#VCs #Investing #Fundraising

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