Crypto Fundraising weekly
Dates: 01 – 07, Feb 2021

This week's biggest funding round

SynFutures raised $1.4M in a Seed funding round from Standard Crypto, Dragonfly Capital.

SynFutures is a decentralized futures exchange designed for users to trade any asset pair, including long-tail assets and NFTs. The platform offers low fees and high liquidity, with an innovative Oyster Automated Market Maker model combining concentrated liquidity and order book for improved trading experiences. It is built on the Solana blockchain to ensure speed and security.

Pre-seed and Seed investment rounds

Dora Factory raised undisclosed amount in a Seed funding round from Hashkey Capital*, NGC Ventures (NEO Global Capital), Digital Finance Group (DFG), SNZ Holding, AU21 Capital, AXIA8 Ventures, Digital Renaissance, Candaq Fintech Group, Dealean Capital, Cabin VC, LD Capital, DoraHacks.

Dora Factory is a protocol specializing in decentralized governance and multi-chain funding for public goods, offering innovative solutions like Public Good Staking infrastructure and Dora Vota for PoS networks and open-source communities. The protocol's focus on community engagement and impact solidifies its reputation as a dependable partner in the Web3 ecosystem.

SynFutures raised $1.4M in a Seed funding round from Standard Crypto, Dragonfly Capital.

SynFutures is a decentralized futures exchange designed for users to trade any asset pair, including long-tail assets and NFTs. The platform offers low fees and high liquidity, with an innovative Oyster Automated Market Maker model combining concentrated liquidity and order book for improved trading experiences. It is built on the Solana blockchain to ensure speed and security.

Manta Network raised $1.1M in a Seed funding round from Polychain Capital, Hypersphere, Three Arrows Capital, DeFiance Capital, Multicoin Capital, Alameda Research, BTC12 Capital, Genblock Capital, Rarestone Capital, AU21 Capital, NxGen, Moonrock Capital.

Manta Network is a privacy-focused Layer 2 network that utilizes zero-knowledge proofs to provide secure and scalable solutions for decentralized applications (DApps) on Ethereum. With its testnet, Manta Pacific, and Layer 1 network, Manta Atlantic, the network aims to address privacy and scalability challenges while empowering users to maintain control over their identity and transaction history in a compliant and cost-effective environment.

* fund, that lead investment round