Crypto Fundraising weekly
Dates: 01 – 07, Nov 2021

This week's biggest funding round

Mythical Games raised $150M in a Series C funding round from Andreessen Horowitz (a16z crypto)*, Binance Labs Fund, FTX Ventures, D1 Capital Partners, Redbird Capital Partners, The Raine Group, Mantis VC (The Chainsmokers), WestCap, Struck Capital, Signum Growth Capital, Michael Jordan, Galaxy Interactive, Javelin Venture Partners, Alumni Ventures (AVG), Fenbushi Capital, Evolution Equity Partners.

Mythical Games is a giant Web3 video game development studio known for creating popular games such as NFL Rivals and Blankos Block Party, which were released on the Epic Games Store. They are building a Web3 gaming ecosystem that utilizes blockchain and playable NFTs, allowing players, creators, artists, brands, and developers to actively participate and benefit from "play and earn" game economies.

Pre-seed and Seed investment rounds

Penumbra raised $4.8M in a Seed funding round from Dragonfly Capital, Interchain Foundation, Lemniscap, Robot Ventures, Volt Capital, Figment, Strangelove Ventures, Informal Systems, Zero Knowledge Validator (ZKV).

Penumbra is a fully private proof-of-stake network and decentralized exchange for the Cosmos ecosystem.

Afterparty raised $3M in a Seed funding round from Acrew Capital*, TenOneTen Ventures*, PTC Crypto (Palm Tree Crew), Act One Ventures.

Afterparty is a Web3 platform that offers exclusive access to events, content, and experiences from leading artists, creators, and builders through NFT-based membership. Members enjoy benefits such as early event ticket access, exclusive content, and the opportunity to connect and collaborate with fellow members.

Spruce raised $7.5M in a Seed funding round from Ethereal Ventures*, Electric Capital*, BITKRAFT Ventures, Coinbase Ventures, Alameda Research, A Capital, SV Angel, Protocol Labs, Future Positive, Third Kind Venture Capital (3kvc), Gemini Frontier Fund, Jaynti Kanani.

Decentralized identity and data control solution startup. With Spruce’s platform, users can control a single account and credentials that can be used to sign on to numerous different services. Unlike an account with Meta or Google, the credentials and all the data within that account are protected by the Ethereum blockchain and cryptographic keys, meaning that only the user has access to the information and no third party can access it without the user’s permission.

Other investment rounds

World Eternal Online raised $12M in a Series A  funding round from Andreessen Horowitz (a16z crypto)*, Galaxy Digital, Dune Ventures, 1up Ventures, Sisu Game Ventures.

Player driven Sandbox MMO featuring Massive raid boss battles, guilds and Territorial PvP. Created by game studio Core Loop.

Tempus raised $4M in a Strategic  funding round from Distributed Global, Jump Capital, Koji Capital.

Tempus is yield tokenization and fixed-rate protocol built on the Ethereum network.

Mini Royale: Nations raised $21M in a  funding round from Lightspeed*, FTX Ventures*, Andreessen Horowitz (a16z crypto), Sequoia Capital, Pantera Capital, Jump Capital, Solana Ventures.

Mini Royale: Nations is a community-owned skill-based shooter set on top of an ever-evolving social strategy game. Developed by game studio Faraway.

The Sandbox raised $93M in a Series B  funding round from SoftBank Fund, Liberty City Ventures, Galaxy Interactive, Kingsway Capital, Animoca Brands, Samsung Next, SCB 10X, SterlingVC, Polygon Studios, Alpaca VC, com2us, Sound Ventures, Stakefish, Wedbush Capital, Red Beard Ventures.

The Sandbox is a virtual system where players can grow, own, and monetize their gaming experiences in the Ethereum blockchain using token SAND

Upland raised $18M in a Series A  funding round from Animoca Brands*, OneTeam Partners, Block.one, Alumni Ventures (AVG), Global Founders Capital (GFC).

Upland is a geospatial metaverse based on the EOS blockchain, enabling users to buy, sell, and trade virtual properties tied to real-world addresses. It combines blockchain, NFTs, and augmented reality (AR) to create a virtual world mapped to the real world. Upland offers features like a property marketplace, a rental system, and various in-game activities, making the metaverse more accessible and engaging for users.

* fund, that lead investment round