This report offers an overview of the fundraising deals within the global crypto market in June 2023. The goal is to generate valuable information that can be used to pinpoint distinct crypto and blockchain market trends and anticipate future developments. CoinCarp will stay abreast of the changes and developments in the crypto landscape and release a monthly report to keep its readers informed. If you have any feedback, we would be delighted to hear from you.

Crypto Fundraising Global Landscape

In June, the total number of crypto fundraising deals was 99, a decrease of -19.51% from the 123 in May 2023; the total financing in June was US$1.25B, a -17.86% decrease from the previous month. 11.11% of the crypto projects are in the Series C series stage. From the perspective of fundraising scale, there were 21 projects fundraising above $10M, which has decreased -19.23%, compared to May 2023. 2 projects of fundraising above $100M, which remain the same, compared to May 2023. By geography, a total of 18 projects founded in the United States of America received $215.75M, becoming the country with the largest number of crypto fundraising projects in the world. Among the $10M fundraising deal projects, mainly the United States of America, United Kingdom, Australia, and Spain.

Crypto Fundraising Deal Count by Sector

In June, out of the 99 projects that were successfully financed, 38 of them were Web 3.0 projects, constituting 38.38% of the total projects. These projects raised a total of US250.74M, which is 38.38% of the total funds raised that month. This amount is US$79.71M higher than the funds raised in May 2023.

Out of the 99 Web 3.0 projects, the most relevant are those related to the Gaming category, with 9 being in the Gaming category and 4 in the AI category.

In addition to Payment, Privacy, Data, and DApp, other categories of related Web 3.0 projects.

In June, a total of 18 projects involving blockchain infrastructure received $252.69M in funding, representing 20.19% of all financing.

There were 14 DeFi-related projects, making up 14.14% of all financing projects in June. The total amount of DeFi-related projects raised was $48.16M, representing 3.85% of the total financing, this was a decrease -25.22% compared to May 2023.

On June, 5 CeFi projects were funded, comprising 5.05% of the total number of financing projects. Altogether, these projects raised $50.80M, which was 4.06% of the total financing in June, representing a -53.15% decrease from May 2023.

Additionally, there were 12 NFT projects that received a total of $22.08M in financing. Representing 1.76% of all financing, this was a decrease of -79.82% compared to May 2023.

Crypto Fundraising Deal Count by Transaction Type

The majority of raised funds for the crypto market come from Series C rounds, the total amount is $367.00M in June. The aggregate deal value of Series C for June is higher than the previous month by 100%. The biggest Series C round fundraising is $270.00M, when Cohere gets funding in June 2023.

Number of Investments by Investors

In June, Binance Labs had the most investments, with a total of 9 projects, including 6 Web3, 2 DeFi, and 1 Infrastructure project.

Also, Polygon has invested in 6 projects, with 2 of those investments going towards Web3 projects, 3 towards NFTs projects, 2 towards Web3 projects, 2 towards Infrastructure projects, and 1 towards DeFi projects. Other investment institutions\VC funds such as Infrastructure, DeFi, etc. also invested in more than one project in June.

Top 5 Crypto Fundraising Deals In June

Cohere($270.00M) | Cohere, a leading pioneer in language AI, empowers every developer and business to build incredible products with world-leading natural language processing (NLP) technology while keeping their data private and secure — with participation from DTCP, Index Ventures, Inovia Capital, Mirae Asset Global Investments, Nvidia, Oracle, Salesforce Ventures, Schroders Capital, SentinelOne, Thomvest Ventures

Islamic Coin($200.00M) | Islamic Coin — purposeful community crypto asset — with participation from ABO Digital

Celestial AI($100.00M) | Celestial AI is the creator of the Photonic Fabric, an optical interconnect technology platform for compute and memory — with participation from IAG Capital Partners, Koch Disruptive Technologies, Xora Innovation fund

Thunes($60.00M) | Thunes is a cross-border payments platform that is building a global payment infrastructure for a better payment experience.With a single, simple connection to Thunes APIs, your business and customers can send payments to — and accept payments in — every corner of the world — with participation from 01Fintech, Bessemer Venture Partners, Marshall Wace

Gensyn($43.00M) | The Gensyn network is the Machine Learning Compute Protocol that unites all of the worlds compute into a global machine learning supercluster, usable by anyone at any time — with participation from 7percent Ventures, Andreessen Horowitz(a16z), Canonical Crypto, CoinFund, CoinFund, Counterview Capital, Eden Block, Eden Block, Entrepreneur First, Galaxy Digital, Hypersphere Ventures, Id4 Ventures, Jsquare, Maven 11 Capital, Protocol Labs, Zee Prime Capital

The data presented is based on information extracted from CoinCarp Fundraising Database. Announced deals were used in the analysis. Some announced deals might not go on to complete, where deals have failed to complete and were indicated in the data as canceled or withdrawn, they were removed from our dataset. The deal count figures presented in this report refer to the number of deals announced, and whether or not a value has been disclosed for the deal.

Source: https://www.coincarp.com/fundraising/

#fundrasing #funding #cryptocurrency #blockchains #coincarp

According to CoinCarp Fundraising, Last week (22/05/2023–28/05/2023) 26 projects announced fundraising rounds.

Web3

Pomerium($20.00M) | Pomerium is a Web3 multi-game platform that focuses on mobile games

Syntropy($4.00M) | Syntropy is designed to solve issues prevalent in the current Internet framework, including security, privacy, governance, performance, reliability, and ineffective resource utilization. — with participation from Alpha Transform Group, Alphemy Capital, Denali Digital, First Block Capital, Saxon Ventures

PoP Planet($4.00M) | PoPP will serve as an integrated creator community tool and a one-stop content deposition application, using Web3 and AI technologies to support a huge community. — with participation from Foresight Ventures

Sort($3.50M) | Sort is a developer platform for Web3 UI components and the easiest way to build Web3 applications — with participation from Alliance DAO, Blizzard Fund, Coinbase Ventures, Gemini, Lemniscap, OrangeDAO, Parasol, Punk Ventures, Red Rooster Capital, Snyk, The General Partnership

Openfort($3.00M) | Openfort is a Web3 wallet infrastructure that develops a customizable “wallet-as-a-service” software product for game developers and publishers

GoodGang Labs($2.00M) | GoodGang Labs is a web3 metaverse startup dedicated to building the next-generation communication platform and technology for avatars — with participation from Kakao Investment

Loot Labs($1.50M) | Loot Labs make the most exciting ways to buy, sell and trade digital collectibles — with participation from BITKRAFT Ventures, Hammoudi Yassuo Abdalrhman, Lofty Ventures Syndicate, Mechanism Capital, Polygon

BoomLand($1.00M) | BoomLand is a Web3 game developer and publisher of casual and mid-core games — with participation from Game7DAO, Hyperithm, Magic Eden, Polygon

Metagame Industries | Metagame Industries — A tech-driven gaming studio leveraging blockchain, AI, and cloud gaming to build next-generation meta-games. — with participation from DWeb3 Capital, 2Moon Capital, Big Brain Holdings, ChainHill Capital, MH Ventures, Mysten Labs

Kana Labs | KanaLabs is a cross-chain middleware that sits between the user/dapps on top and the complex blockchains at the bottom — with participation from MARBLEX

DeFi

Num Finance($1.50M) | Num Finance offers businesses a fast and efficient way to scale operations in emerging markets with yield, loans and digital assets through the ramps and local tokens, via platform or API. — with participation from H2O Scouter Fund, Matias Woloski, Reserve, VC3 DAO

NFTs

Kigo($6.50M) | Kigos platform empowers companies to engage people through new forms of rewards, membership and recognition enabled by blockchain — with participation from Augeo, Valor Siren Ventures

Infrastructure

Worldcoin($115.00M) | Worldcoin is an open-source protocol, supported by a global community of developers, individuals, economists and technologists committed to expanding participation in, and access to, the global economy. — with participation from 1confirmation, Andreessen Horowitz(a16z), Andreessen Horowitz(a16z), Apollo Capital, Bain Capital Crypto, Blockchain Capital, Blockchange Ventures, Coinbase Ventures, CoinFund, Day One Ventures, Digital Currency Group, Distributed Global, Fifty Years, Hashed Emergent, Hypersphere Ventures, Kenetic, Khosla Ventures, Multicoin Capital, Reid Hoffman, Sam Bankman-Fried, Three Arrows Capital, Variant

Tanssi Network($3.00M) | Tanssi is an appchain infrastructure protocol developed by Moondance Labs, aiming to simplify and accelerate appchain deployment for developers. — with participation from Arrington Capital, Borderless Capital, C² Ventures, D1 Ventures, Hashkey Capital, Hypersphere Ventures, Jsquare

FastLane Labs($2.30M) | Founded in March 2022, FastLane Labs provides an auction system that allows validators a chance to earn rewards without the need to spam the blockchain. — with participation from a41 Ventures, Delphi Ventures, Everstake Ventures, Multicoin Capital, Polygon, Shima Capital, Symbolic Capital

Houdini Swap($0.25M) | Houdini Swap is a privacy service that anonymizes crypto transactions — with participation from Theia Blockchain

RedStone | Redstone Oracle aims to offer quick and inexpensive connectivity by leveraging a proprietary method for putting data on blockchains, called the EVM connector — with participation from 1kx, Alex Gluchowski, Arweave, Arweave, Bering Waters, Bering Waters, Blockchain Capital, Coinbase Ventures, Collider Ventures, Distributed Global, Emin Gun Sirer, KR1, Lattice, Lemniscap, Maven 11 Capital, Maven 11 Capital, Sandeep Nailwal, SevenX Ventures, Stani Kulechov, TRGC

CeFi

Growminer($48.00M) | GrowMiner is a cutting-edge platform that allows you to easily stake your cryptocurrencies and earn passive income

LondonLink($0.63M) | LondonLink is a smaller crypto trading platform that has been in business since 2013

OrionX | Founded in 2017, OrionX offers crypto exchange and wallet services in Chile and has plans to expand to Peru, Colombia and Mexico. — with participation from Bitfinex

Others

Anthropic($450.00M) | Anthropic is an AI-driven research company that focuses on increasing the safety of large-scale AI systems — with participation from Google, Salesforce Ventures, Sound Ventures, Spark Capital, Zoom Ventures

Semafor($19.00M) | Semafor is providing audiences with an unparalleled level of journalistic transparency through innovative new forms, cutting through the noise of the news cycle with smart, distilled views and exploring competing perspectives across borders for a curious, new global audience. — with participation from Henry Kravis, Jerry Yang

UrbanChain($6.49M) | UrbanChain is the leading provider of Peer-to-Peer energy exchange services in the UK — with participation from Eurazeo

Onyx Private($4.10M) | Onyx Private is a modern and more accessible private banking membership for the new generation of young professionals, investors and entrepreneurs — with participation from 186 Ventures, Global Founders Capital, Olive Tree Capital, One Way Ventures, Village Global, Y Combinator

LabDAO($3.60M) | LabDAO is a decentralized autonomous organization focused on open-source drug discovery — with participation from Balaji Srinivasan, Beaker DAO, Curve, gmjp, Gnosis, ID Theory, Inflection.xyz, Molecule, North Island Ventures, OrangeDAO, Road Capital, Seed Club Ventures, Spaceship DAO, The LAO, Village Global

BTCDomain | BTCDOMAIN is a project similar to ENS on the BTC network — with participation from Kevin Shao, Wang Feng, Waterdrip Capital

Of the above items, 38.46% of the projects are Web3 projects. The total funding amount last week is $699.37M, a -21.21% decrease compared to the previous week. Among all, the biggest funding round is Anthropic, which has raised $450.00M.

#funding #fundrasing #nfts #coincarp

According to CoinCarp Fundraising, Last week (July 3, 2023 -July 9, 2023) 13 projects announced fundraising rounds.

Web3

Shardeum($5.40M) | Shardeum is the worlds first layer 1 blockchain that solves the scalability trilemma — with participation from Amber Group, Big Brain Holdings, Bware Labs, Foresight Ventures, Galxe, Hyperithm, J17 Capital, Jane Street Capital, Jsquare, Luganodes, The Spartan Group, Tané Labs, TRGC

Web3Go($4.00M) | Web3Go DIN(Data Intelligence Network) is a new-generation data infrastructure built by Web3Go that centers on people, AI assistance, and blockchain-powered proof of equity — with participation from Archerman Capital, Big Brain Holdings, Binance Labs, Hashkey Capital, Infinity Ventures Crypto, Lingfeng Capital, NGC Ventures, Shima Capital

Ola($3.00M) | Ola aims to provide an update on the latest developments and news related to Sin7y — Ola and zero-knowledge cryptography, which has the potential to revolutionize the way we approach privacy and security in the digital age — with participation from CatcherVC, Foresight Ventures, LD Capital, Token Metrics, Web3.com Ventures

Aspecta | Aspecta transforms Web2 & Web3 footprints into AI-generated identity, Aspecta ID, for builders and beyond to revolutionize data potential — with participation from CyberConnect, Emurgo, Foresight Ventures, Galxe, Gate.io, Hashkey Capital, Infinity Ventures Crypto, IOVC, Mask Network, MiraclePlus(formerly Y Combinator China), P12, SNZ Holding, The Spartan Group, Taihill Venture, UpHonest Capital, ZhenFund

GigaSpace | GigaSpace is creating a collaborative and expansive metaverse that unites all web3 communities under a single celestial sky — with participation from Find Satoshi Lab, ProDigital Future Fund

Magic Square | Magic Square offers order, simplicity, and assurance to the world of Web3 applications, allowing it to flourish like a well-managed garden, not a place of unruly weeds — with participation from AlphaGrep, Binance Labs, Emurgo, Gravity Ventures, GSR, IQ Protocol, KuCoin Labs, Republic, TheDaoMaker

DeFi

Bequest Finance($2.75M) | Bequest Finance, a fintech company, offers an innovative, non-custodial digital asset management solution, designed to address the challenges in the trusts and estates industry — with participation from Mark Cuban, Nyca Partners

Infrastructure

Hello($0.18M) | Hello Drive is an open-source, encrypted, user-controlled decentralized storage software designed for both web3 and traditional users — with participation from Bcombinator, Casti Ventures, Esade BAN

CeFi

Bitkub($17.80M) | Bitkub is a new-generation digital asset and cryptocurrency exchange platform that specializes and offers advanced exchange services to individuals who intend to buy, sell, and store cryptocurrencies. — with participation from Asphere Innovations

Others

Bluesky($8.00M) | Bluesky is building a protocol for public conversation that can make social networks work more like email, blogs, or phone numbers — the open systems that power the rest of its online lives — with participation from Abdul Ly, Ali Evans, Amir Shevat, Amjad Masad, Automattic, Bob Young, Brad Fitzpatrick, Heather Meeker, Jeromy Johnson, Joe Beda, Katelyn Donnelly, Kris Nóva, Neo, Protocol Labs, Sarah Drasner, Stav Erez

SuperSight($1.00M) | SuperSight (UK) is building crypto-specific Large Language Models (LLMs) to streamline the crypto data discovery process — with participation from Animoca Brands, Blockchain Founders Fund, Druid Ventures, Emurgo, Next Gen Web 3, VaynerFund

Skrmiish($0.70M) | Launched in 2021, Skrmiish proprietary technology is built for streamers, online gamers, teams and brands of all sizes to be able to collaborate, compete and monetize their gaming experience on the blockchain. — with participation from Allan Gray E2 Ventures(AGEV), Blockchain Founders Fund, Blockchain Founders Fund, Launch Africa, Stellar Development Foundation

VersiFi | VersiFi is a partner-powered digital asset prime services platform on a mission to reduce counterparty risk — with participation from Hunting Hill Group(HHG)

Of the above items, 46.15% of the projects are Web3 projects. The total funding amount last week is $42.83M, a -59.38% decrease compared to the previous week. Among all, the biggest funding round is Bitkub, which has raised $17.80M. #fundrasing #funding #investment #coincarp

This report offers an overview of the fundraising deals within the global crypto market in July 2023. The goal is to generate valuable information that can be used to pinpoint distinct crypto and blockchain market trends and anticipate future developments. CoinCarp will stay abreast of the changes and developments in the crypto landscape and release a monthly report to keep its readers informed. If you have any feedback, we would be delighted to hear from you.

Crypto Fundraising Global Landscape

In July, the total number of crypto fundraising deals was 90, a decrease of -10.89% from 101 in June 2023; the total financing in July was US$810.16M, a -35.44% decrease from the previous month. 11.11% of the crypto projects are in the Series A series stage. From the perspective of fundraising scale, there were 19 projects of fundraising above $10M, which has decreased by -9.52%, compared to June 2023. By geography, a total of 23 projects founded in the United States of America received $214.45M, becoming the country with the largest number of crypto fundraising projects in the world. Among the $10M fundraising deal projects, mainly the United States of America, United Kingdom, Thailand, and Japan.

Crypto Fundraising Deal Count by Sector

In July, out of the 90 projects that were successfully financed, 35 of them were Web 3.0 projects, constituting 38.89% of the total projects. These projects raised a total of US360.60M, which is 38.89% of the total funds raised that month. This amount is US$109.42M higher than the funds raised in June 2023.

Out of the 90 Web 3.0 projects, the most relevant are those related to the Gaming category, with 6 being in the AI category and 6 in the Gaming category.

In addition to Privacy, DApp, Identity, and Music, other categories of related Web 3.0 projects.

In July, a total of 16 projects involving blockchain infrastructure received $168.18M in funding, representing 20.76% of all financing.

There were 15 DeFi-related projects, making up 16.67% of all financing projects in July. The total amount of DeFi-related projects raised was $48.75M, representing 6.02% of the total financing, this was an increase of 0.31% compared to June 2023.

In July, 3 CeFi projects were funded, comprising 3.33% of the total number of financing projects. Altogether, these projects raised $47.80M, which was 5.9% of the total financing in July, representing a -5.91% decrease from June 2023.

Additionally, there were 7 NFT projects that have received a total of $30.85M in financing. Representing 3.81% of all financing, this was an increase of 39.72% compared to June 2023.

Crypto Fundraising Deal Count by Transaction Type

The majority of raised funds for the crypto market come from Series A rounds, the total amount is $303.50M in July. The aggregate deal value of Series A for July is higher than the previous month by 166.67%. The biggest Series A round fundraising is $100.00M, when ZYBER 365 gets funding in July 2023.

Number of Investments by Investors

In July, Big Brain Holdings had the most investments, with a total of 5 projects, including 3 Web3, 2 Infrastructure and 1 DeFi project.

Also, SevenX Ventures has invested in 4 projects, with 1 of those investments going towards Infrastructure projects, 1 towards Web3 projects, 1 towards Infrastructure projects, 1 towards DeFi projects and 1 towards NFTs projects. Other investment institutions\VC funds such as DeFi, NFTs etc. also invested in more than one project in July.

Top 5 Crypto Fundraising Deals In July

ZYBER 365($100.00M) | Zyber 365 offers a decentralized and cyber-secured operating system with a range of multiple Web3 products like Layer-0, Layer-1 and Layer-2 blockchains, decentralized identities, data analytics, software development kit, web browser, NFT marketplace and ICO (Initial Coin Offering) that can be collectively leveraged as a complete Web3 ecosystem or as a standalone application specified to user requirement. — with participation from Sram & Mram Limited

Flashbots($60.00M) | Flashbots is a research and development organization formed to mitigate the negative externalities posed by Maximal Extractable Value (MEV) to stateful blockchains, starting with Ethereum

Futureverse($54.00M) | Futureverse is a leader in revolutionary AI and metaverse technologies that enable open, scalable, and interoperable apps, games and experiences — with participation from 10T Holdings, Ripple

Veloce($50.00M) | Founded in 2018, Veloce is a multi-pillared gaming and sports media group operating across some of the most innovative, fast-growing, and future-focused sectors in the UK.

RISC Zero($40.00M) | RISC Zeros area of expertise is zero-knowledge proofs, an authentication method that enables information to be verified without revealing its contents — with participation from Alchemy, Algaé Ventures, Bain Capital Crypto, Blockchain Capital, Cota Capital, D1 Ventures, Delphi Digital, Fenbushi Capital, Galaxy Digital, Geometry, IOBC Capital, IOSG Ventures, Jinglan Wang, Maven 11 Capital, Meltem Demirors, RockawayX, Zero Dao

The data presented is based on information extracted from CoinCarp Fundraising Database. Announced deals were used in the analysis. Some announced deals might not go on to complete, where deals have failed to complete and were indicated in the data as canceled or withdrawn, they were removed from our dataset. The deal count figures presented in this report refer to the number of deals announced, and whether or not a value has been disclosed for the deal.

About CoinCarp

CoinCarp(CC) provides Crypto Price Tracking, Exchange Ranking, Crypto Wallet Ranking, Crypto Data Analysis, and Crypto News & Information.

#Web3 #funding #fundrasing #coincarp

According to CoinCarp Fundraising, Last week (Jun 05, 2023–Jun 11, 2023) 20 projects announced fundraising rounds.

Web3

WOW EARN($30.00M) | WOW EARN is a decentralised mining platform that pays up to 13.39% APY without requiring any specialised experience or expensive mining equipment — with participation from Ascendant Growth Partners, Blue Horizon Ventures, Nexus Pioneers Capital, Pinnacle Innovations Capital, Quantum Leap Ventures

Lens Protocol($15.00M) | Lens is an open-source social graph that allows developers to launch Web3-ready social media platforms and profiles — with participation from Alex Atallah, Balaji Srinivasan, Blockchain Capital, DAO Jones, dao5, Denis Nazario, Dephi Digital, Emily Yang, FlamingoDAO, FTX Ventures, General Catalyst, Global Coin Research, Hayden Adams, IDEO Colab Ventures, Palm Tree Crew, Punk DAO, Sandeep Nailwal, Sebastien Borget, Tencent, Variant

Alive($12.00M) | Alive is building a globally leading decentralized artificial intelligence platform supported by a global community of developers, individuals, economists and technologists.The Alive Foundation is a steward, and will support and grow the Alive community until it becomes self-sufficient — with participation from Main Sequence Ventures, Myer Capital, Pitango, Space Capital, Square Peg, Viola Ventures

HyperPlay($12.00M) | HyperPlay is a web3-native game launcher that enables players to carry their wallet, NFTs, tokens, and achievements into every game — with participation from BITKRAFT Ventures, ConsenSys Ventures, Delphi Digital, Ethereal Ventures, Game7DAO, Griffin Gaming Partners, Mirana Ventures, Monoceros

Argus Labs($10.00M) | Argus Labs is building the future of online games through applied research in distributed systems and game design — with participation from Alchemy, Anagram Crypto, Balaji Srinivasan, Calvin Liu, Dispersion Capital, Elad Gil, Haun Ventures, Robot Ventures, Siqi Chen

Nori($6.25M) | Nori is a company on a mission to reverse climate change by removing enough carbon dioxide from the atmosphere to lower the overall concentration of CO2 below 300 parts per million — with participation from Cargill, M13, M13, North Island Ventures, Placeholder, Placeholder, Tenacious Ventures, Toyota Ventures, Toyota Ventures

NFTs

Dew Drops($1.50M) | Dew Drops aims to make collecting art an easy and streamlined process for both artists and collectors — with participation from Dream Ventures, Polygon, Ruttenberg Gordon, Slow Ventures, VaynerFund

BlockSpan($1.40M) | BlockSpan is a Web3 innovator delivering easy-to-implement API solutions for the blockchain — with participation from Innovation Works

Oxalus($1.10M) | Oxalus was founded in 2022 by Hieu Nguyen Dang, an entrepreneur in E-Commerce, digital marketing, and platform building — with participation from IDG Capital, Kyber Ventures

Infrastructure

Thunes($60.00M) | Thunes is a cross-border payments platform that is building a global payment infrastructure for a better payment experience.With a single, simple connection to Thunes APIs, your business and customers can send payments to — and accept payments in — every corner of the world — with participation from 01Fintech, Bessemer Venture Partners, Marshall Wace

Wave BL($26.00M) | WaveBL is a digital platform using proprietary blockchain technology to electronically transfer trade documents — with participation from Contour Venture Partners, Frank Sica, Kuehne+Nagel, Marius Nacht, NewRoad Capital Partners, Reefknot Investments, Techstars Central LLC, Temasek, ZIM

Taiko($22.00M) | Taiko is a decentralized, Ethereum-equivalent ZK-Rollup (Type 1 ZK-EVM(opens in a new tab)) — with participation from BAI Capital, Generative Ventures, GGV Capital, GSR, IOSG Ventures, KuCoin Ventures, Mirana Ventures, OKX, Sequoia Capital China, Skyland Ventures, Token Bay Capital, Yunqi Partners

Meanwhile($19.00M) | Life insurance is one of the oldest financial products in the world, but it has seen centuries of no innovation — with participation from Gradient Ventures, Lachy Groom, Sam Altman

CeFi

Ouinex($2.00M) | Ouinex is a bleeding edge digital asset exchange; by prioritizing transparency, liquidity, and sophistication, Ouinex delivers an institutional-level trading experience for beginners and experts alike.

Kilde($1.12M) | Kilde makes it easier for investors to access private credit deals and provides them with added security through cash-generating collateral — with participation from Algorand Foundation, AXL ventures, Big Sky Capital, Borderless Capital

Others

Cohere($270.00M) | Cohere, a leading pioneer in language AI, empowers every developer and business to build incredible products with world-leading natural language processing (NLP) technology while keeping their data private and secure — with participation from DTCP, Index Ventures, Inovia Capital, Mirae Asset Global Investments, Nvidia, Oracle, Salesforce Ventures, Schroders Capital, SentinelOne, Thomvest Ventures

Informal Systems($5.30M) | Informal Systems is a core contributor of the Cosmos Network software and protocols, with a focus on the Tendermint consensus engine, the IBC interoperability standard, and the Cosmos Hub — with participation from CMCC Global, Maven 11 Capital, Nascent

TradingLeagues($3.50M) | Headquartered in Bangalore and founded by Raghu Kumar and Harsh Agarwal, TradingLeagues is a skills based, fantasy gaming application for newcomers looking to experience the financial markets in a gamified environment. — with participation from Jeejeebhoy Family Office, Leo Capital, the family office of KP Balaraj

Oamo($1.25M) | Oamo is a decentralised data broker that allows individuals to own and monetise the value of their data — with participation from White Star Capital

Volcano Energy | Volcano Energy is building a Bitcoin mining farm by harnessing solar and wind power within the volcanic region. — with participation from Tether

Of the above items, 30% of the projects are Web3 projects. The total funding amount last week is $499.42M, an 11.11% increase compared to the previous week. Among all, the biggest funding round is Cohere, which has raised $270.00M. #funding #fundrasing #crypto2023 #investing #coincarp