𝐁𝐢𝐠𝐠𝐞𝐬𝐭 𝐅𝐮𝐧𝐝𝐫𝐚𝐢𝐬𝐢𝐧𝐠 𝐑𝐨𝐮𝐧𝐝𝐬 𝐋𝐚𝐬𝐭 𝐖𝐞𝐞𝐤.

Last week, over $250M was secured through 32 deals.

1/ Farcaster secured $150.0M in Series A led by Paradigm

2/ Cysic secured $12.0M in Pre-Series A led by HashKey Capital & OKX Ventures

3/ Dora Factory secured $10.0M in funding round

4/ Plume Network secured $10.0M in Seed led by Haun Ventures

5/ Fantom Foundation secured $10.0M in a Strategic round

6/ StripChain secured $10.0M in funding round led by Sora Ventures

7/ Alphaledger secured $9.5M in Series A led by EJF Capital LLC

8/ Kelp DAO secured $9.0M in Private led by Laser Digital & SCB Limited

9/ WeatherXM secured $7.7M in Series A led by Faction VC

10/ MultiVM secured $6.9M in funding round

$SOL $BNB $ETH

#Fundraising #AlphaGem

BIGGEST FUNDRAISING ROUNDS LAST WEEK 💰
18-24 Dec

Last week, over $200M was secured through 22 deals.

1/ #MapleStoryUniverse secured $100.0M in funding round led by Nexon

MapleStory Universe is a collection of four different experiences, each working together to supercharge an expansive virtual world with the MapleStory.

2/ Chainge Finance was acquired by Coded Fi at $47M valuation.

Chainge is the app that facilitates access to decentralized and automated finance.

3/ Medallion secured $13.7M in Series A led by #DragonFly Capital & Lightspeed Venture Partners

Medallion is a platform for artists to have a dedicated digital hub for promoting album releases

4/ Tres Finance secured $11.0M in Series A

Tres is a financial accounting software platform for web3 companies

5/ Fiat Republic secured $7.0M in Extended Seed

Fiat Republic is a fintech with a mission to bring banking to web3.

6/ Addressable secured $6.0M in funding round led by Bitkraft Ventures

Addressable provides an end-to-end solution for Web3 marketing plans

7/ web3mine secured $6.0M in Seed led by 1kx

web3mine is an innovation lab that helps collectively coordinate people, capital and hardware to the benefit of building

8/ Wynd Network secured $3.5M in Seed led by Polychain Capital & Tribe Capital

Wynd Network’s first product is Grass — a decentralised web scraping network aiming to help companies and nonprofits train AI.

9/ Fyde secured $3.2M in Seed led by OP Crypto

Fyde is a systematically managed Web3 treasury management solution.

10/ Seamoon Protocol secured $2.3M in Strategic led by Galaxy Interactive

Seamoon Protocol is a Web3 project run by DM2C Studio, a largest Japanese gaming companies including blockchain games and NFT projects.

#Fundraising #Alpha100X #EarlyAdopter

$SOL $BTC $ORDI

BIGGEST FUNDRAISING ROUNDS LAST WEEK 💰
22 - 29 Jan

Last week, over $180M was secured through 39 deals.

1/ Sygnum secured $40.0M in Strategic led by Azimut

Sygnum is a digital asset bank with both a Swiss banking license and a Singapore asset management license.

2/ Polymer secured $23.0M in Series A led by Blockchain Capital & Maven 11

Polymer is the interoperability hub of Ethereum.

3/ Ingonyama secured $21.0M in Seed led by IOSG Ventures & geometry & Walden Catalyst

Ingonyama is a next-generation semiconductor company, designing accelerators for advanced cryptography.

4/ Axiom secured $20.0M in Series A Round led by Paradigm & Standard Crypto

Axiom is a ZK Coprocessor that enables smart contracts to access and process all on-chain data trustlessly.

5/ Dinari secured $10.0M in Seed Round

Dinari is a Web3 corporate equity trading firm focused on becoming the trusted standard for real-world asset backed tokens.

6/ Masa secured $5.4M in Seed Round led by Anagram

Masa Network is a decentralized network focused on users’ personal data.

7/ Hyperline secured $5.2M in Seed Round led by Slow Ventures

Hyperline is a Web3-native Data Lakehouse — a shared storage and compute engine for any Web3 developer looking to build AI products and analytics applications.

8/ Nockchain secured $5.0M in Seed Round led by Delphi Digital

Nockchain is a proof-of-useful-work blockchain that sits atop novel ZKVM.

9/ Arcade secured $4.8M in funding round led by Crypto.com

Arcade is the GameFi platform that gives its community the opportunity to earn meaningful rewards from various Play-and-Earn metaverse games, without direct gameplay or ownership of in-game NFTs.

10/ Dopamine secured $4.5M in Private

Dopamine is an end-to-end, user-centered crypto mobile app.

#Fundraising #Alpha $ETH $SOL $BNB

⚡Top Recent Crypto #Fundraising Events (24 May 2023)

We are excited to present a list of some recent crypto fundraising events, backed by well-known investors such as #MulticoinCapital , NGC Ventures, Shima Capital, Delphi Digital, #Hashkey , Arrington Capital, Blizzard Fund, Borderless, #Polygon , Everstake, #MagicEden , GnosisDAO, and others. Let's take a look!

Crypto Fundraising vs Total Market Cap 📈

Is there a link between crypto primary and secondary markets?

In the crypto context, the #fundraising market is often considered the "Primary Market" where fundraising events take place, while the Total Market Cap (TOTAL) can be associated with the "Secondary Market" reflecting the aggregate value of trading crypto assets.

Analysis confirms a correlation, but it's modest (r=0.29)

→ This suggests that fundraising metrics may not be reliable in predicting short-term market trends.

Our key takeaways:

❯ It appears that the Total Market Cap influences fundraising activities, not the other way around (seen in Jan vs Mar & Sep & Nov).

❯ Sideways markets align with low fundraising → Both projects and #VCs may not be confident in raising/investing until receiving certain market confirmation.

❯ VCs tend to remain cautious during uncertain market sentiment but always stay alert for market upticks (seen in Oct & Nov).

#Fundraising #venturecapital

🚀#Fundraising activity surged last week with $374.7 million invested in 28 deals, driven by large-scale rounds for Fnality International and BlockchainCom.

#Gaming emerged as a key area of #VCs interest, with 4 deals reported.

Crypto Fundraising Monthly Trends

The crypto primary market has been showing steady growth in 2024:

✧ Total Capital Raised YTD: $1.26 billion
✧ Total Funding Rounds YTD: 253 rounds

The number of completed deals per month has been trending upwards since August 2023 and is projected to keep climbing on the chart.

#Fundraising #Investing #VCs

BIGGEST FUNDRAISING ROUNDS LAST WEEK 💰
18 - 24 March

1/ Succinct Labs secured $43.0M in Series A led by Paradigm

Succinct is building a decentralized prover network so that anyone can build blockchain applications and infrastructure secured by cryptographic truth, not trust.

2/ Espresso Systems secured $28.0M in Series B led by a16z crypto

Espresso Systems is an EVM-compatible blockchain that provides scaling and privacy systems for Web 3 applications

3/ Morph secured $20.0M in Seed led by Dragonfly

Morph is a fully permissionless EVM L2 that uses a combination of optimistic and zero-knowledge rollup technology.

4/ Mystiko Network secured $18.0M in Seed led by Peak XV Partners

Mystiko Network is the ZK layer of Web3 which provides a universal ZK protocol and a ZK software development kit that features scalability, interoperability, and privacy all at once.

5/ Tokenize Xchange secured $11.5M in Series A+ led by Trive

Tokenize Xchange is a Singapore-headquartered digital asset exchange that enables the trading of digital assets in a safe and secure environment with competitive fees.

6/ MANTRA secured $11.0M in funding round led by Shorooq Partners

MANTRA aims to be the first RWA L1 blockchain capable of adherence and enforcement of real world regulatory requirements.

7/ Rails secured $6.2M in Seed led by Slow Ventures

Rails is a self-custodial crypto exchange that leverages a centralized order book to drive optimal trade execution.

8/ Keyring Network secured $6.0M in Seed led by gumi Cryptos Capital & Greenfield Capital

Launched in 2022, Keyring equips financial service providers with permissioning tools for compliant transactions on-chain, powered by zero-knowledge privacy.

9/ Tanssi Network secured $6.0M in Strategic led by KR1, SNZ Holding, Scytale Digital

Tanssi Network is an appchain infrastructure protocol backed by Polkadot's shared security framework.

10/ Sablier Finance secured $4.5M in Seed

Sablier Finance is a cryptoasset streaming protocol, user can stream tokens by the second on Sablier.

#Investing #Alpha #Fundraising

BIGGEST FUNDRAISING ROUNDS LAST WEEK 💰
11/03 - 17/03

Last week, over $252M was secured through 43 deals

1/ Berachain secured $69.0M in funding round led by Brevan Howard Digital & Framework Ventures

Berachain is a DeFi-focused, EVM-compatible Layer 1 built on the Cosmos SDK and powered by Proof of Liquidity Consensus.

2/ Polyhedra Network secured $20.0M in funding round led by Polychain

Polyhedra is an infrastructure for Web3 Interoperability, featuring cutting-edge zero-knowledge proof systems

3/ Carbonated secured $11.0M in Series A led by Com2US

Carbonated is a mobile game developer specialising in hardcore PVP games, with their flagship product "MadWorld," a post-apocalyptic NFT shooting game set in a devastated Earth.

4/ MetaCene secured $10.0M in Series A

MetaCene is a blockchain-based MMORPG set in a surreal post-apocalyptic world, where players utilize a variety of NFTs to redefine civilization.

5/ ClearToken secured $10.0M in Seed

ClearToken brings a clearing house to the market for digital asset trading, lowering counterparty risk and enabling wider institutional adoption.

6/ D2X secured $10.0M in Series A led by Point72 Ventures

D2X is building a pan-European institutional exchange for derivative trading in digital assets.

7/ UXLINK secured $9.0M in funding round

UXLINK is a web3 social platform and infrastructure that enables users to turn their network into net-worth by linking more and gaining more opportunities.

8/ TunaChain secured $8.9M in IDO

Tuna Chain is a pioneering company that has developed the first modular Layer 2 solution on Bitcoin.

9/ Elixir secured $8.0M in Series B led by Maelstrom & Mysten Labs

Elixir is a decentralized market making protocol that interacts with centralized exchanges using market making algorithms via API calls, bringing liquidity to the long tail of cryptoassets.

10/ Clique secured $8.0M in Series A led by Polychain Capital

Clique is building identity oracles that connect web2 user behavior data with web3 applications.

#Fundraising #Investing #venturecapital