Crypto Fundraising weekly
Dates: 01 – 07, Apr 2019

This week's biggest funding round

Liquid raised $150M in a Series C funding round from Coinbase Ventures, IDG Capital.

Pre-seed and Seed investment rounds

Blockdaemon raised $2.4M in a Seed funding round from Lerer Hippeau*, CoinFund, Republic Capital (ex Republic Labs), Boldstart Ventures, CRCM Ventures, Comcast Ventures.

Blockdaemon is the largest independent blockchain infrastructure platform connecting institutions and developers to leading networks.

OVEX raised undisclosed amount in a Seed funding round from Newtown Partners, Revix, VALR.

OVEX is a Cape Town based cryptocurrency exchange. OVEX allows South Africans to buy and sell digital assets and offers an interest account that gives users the chance to earn up to seven percent interest on crypto balances.

Offchain Labs (Arbitrum) raised $3.7M in a Seed funding round from Pantera Capital*, Compound.

Arbitrum is a layer-2 solution project aimed at improving the speed and scalability of Ethereum smart contracts while providing additional privacy features. It allows developers to execute unmodified Ethereum Virtual Machine (EVM) contracts and transactions at layer-2 while maintaining Ethereum's layer-1 security. It was created to address some of the shortcomings of current Ethereum-based smart contracts, such as long transactions and high execution costs.

Harmony raised $18M in a Seed funding round from Lemniscap, AU21 Capital.

Revolutionary high-throughput, low-latency, and low-fee consensus platform designed to power decentralized economies of the future.

Cartesi raised $500K in a Pre-seed funding round from FBG Capital.

Cartesi (CTSI) is the operating System for DApps.

Other investment rounds

Animoca Brands raised $3.3M in a  funding round from .

Animoca Brands is a global leader in the Web3 space, specializing in the development and investment of blockchain-based games and experiences. With a diverse portfolio, the company empowers developers and creators to shape the future of gaming, contributing to the growth of the Web3 ecosystem. Animoca Brands stands at the forefront of the Web3 revolution, transforming the gaming industry with innovative and immersive blockchain-powered projects.

Mina Protocol (ex Coda Protocol) raised $15M in a Series A  funding round from Paradigm, Coinbase Ventures, General Catalyst, Accomplice Blockchain.

The world’s lightest blockchain, creating a private gateway between the real world and crypto.

Cambridge Blockchain raised $3.5M in a  funding round from Omidyar Technology Ventures, PayPal Ventures, Flourish Ventures, Future Perfect Ventures.

Lucid Sight raised $6M in a  funding round from Animoca Brands Japan, Animoca Brands, Digital Currency Group (DCG), Galaxy Interactive, Breakaway Partners, Rana Capital Partners, Salem Partners, Jonathan Zweig.

Celo raised $30M in a  funding round from Andreessen Horowitz (a16z crypto), Polychain Capital, GreenField One, 9Yards Capital.

Celo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users.

Abra raised $12M in a  funding round from Kenetic, Nimble Ventures, RRE Ventures, Chainfund Capital, IGNIA Partners.

Abra is the all-in-one digital asset custodian where consumers and institutions can buy, sell, trade, store and borrow cryptocurrency.

Raven Protocol raised $2.5M in a Strategic  funding round from NGC Ventures (NEO Global Capital), Mapleblock Capital, GBIC (Global Blockchain Innovative Capital), Cluster Capital, Moonchain Capital, Zeroline Capital.

* fund, that lead investment round