Crypto Fundraising weekly
Dates: 02 – 08, May 2022

This week's biggest funding round

Zora raised $50M in a funding round from HAUN Ventures, Coinbase Ventures, Kindred Ventures.

The open protocol to buy, sell and curate NFTs on Ethereum.

Pre-seed and Seed investment rounds

Cassava Network raised $8M in a Seed funding round from Basics Capital, Bella, Bitscale Capital, CMT Digital, Arche Fund (Coin98 Ventures), Continue Capital, Dragonfly Capital (ex Metastable Capital), DWeb3 Capital, Infinity Ventures Crypto (IVC), LD Capital, Mirana Ventures, NGC Ventures (NEO Global Capital), SevenX Ventures, Shima Capital, Spark Digital Capital, Yield Guild Games (YGG), Tron Foundation, Momentum 6 (M6), Youbi Capital, Formless Capital, Everest Ventures Group (EVG), Panony, Tess Ventures, Cherubic Ventures, Digital Renaissance, Portico Ventures, Springwind Ventures, Arcanum Capital, Emoote, WndrCo Ventures, Web3.com Ventures.

Cassava Network is a tokenized rewards platform through widespread blockchain and Web3 adoption. Rather than migrating users from existing apps to blockchain-based solutions, Cassava brings blockchain to the apps where users already are.

Cometh raised $10M in a Seed funding round from White Star Capital, Stake Capital, Serena Capital, Shima Capital, IDEO CoLab Ventures.

Cometh is a blockchain game that lets users own yield-generating NFTs, integrating both DeFi and NFT features into a single, fun gaming experience.

Bundlr Network raised $5.2M in a Seed funding round from Hypersphere, Arweave, Framework Ventures, OpenSea, Race Capital, Permanent Ventures.

Bundlr Network is a reliable multichain solution for Arweave. The fastest, easiest way to store data on web3.

InfiniGods raised $9M in a Seed funding round from Pantera Capital, Framework Ventures, Jefferson Capital, Animoca Brands, Double Peak Group.

Blockchain-based game development studio.

LootRush raised $12M in a Seed funding round from Paradigm, Andreessen Horowitz (a16z crypto), Y Combinator, Axie Infinity, Plaid, Wildlife Studios, Dapper Labs.

Blockchain gaming platform.

Particle Network raised $1.5M in a Pre-seed funding round from LongHash Ventures*, Insignia Venture Partners, CyberConnect, BitCoke Ventures, Monad, 7 O’Clock Capital.

Particle Network is a full-stack, data-driven, and composable Web3 data and development platform. Its core product is a login and wallet middleware solution that helps developers integrate a user-friendly web3 authentication solution into their decentralized applications. Particle Network’s tooling is multi-chain available on all Ethereum Virtual Machine (EVM) chains, and Solana and Tron. It aims to become a full-stack middleware platform for web3 developers.

MYSO Finance raised $2.4M in a Seed funding round from Huobi Global, Nexo, Wintermute, GSR Markets LTD, Hashkey Capital, CMT Digital, Nothing Research, Caballeros Capital, Advanced Blockchain AG, Ratio Ventures, Symbolic Capital (ex Hyperedge Capital), Jabre Capital, Mentha Partners.

Liquidation-free, fixed-interest and oracle-free borrowing solution.

Stakes raised $5.3M in a Seed funding round from Digital Currency Group (DCG), FBG Capital, Coin Merge Strategy (CMS), LD Capital, Cadenza, Matrixport Ventures, SterlingVC.

A social wagering platform.

Decrypt raised $10M in a Seed funding round from Consensys Mesh, Hack VC, Hashkey Capital, Protocol Labs, IOSG Ventures, XBTO Humla Ventures, Nexo, Global Coin Research (GCR), Orange DAO, Mask Network.

Decrypt is a leading crypto news publication and production arm Decrypt Studios, a Web3 studio specializing in metaverse activations.

Other investment rounds

Untamed Planet raised $24M in a Series A  funding round from Animoca Brands.

Solana-based gaming startup.

AssetDash raised undisclosed amount in a  funding round from MonkeVentures*.

AssetDash offers a platform for investors to track their investments. The platform allows users to connect all of their investments across cryptos, NFTs, DeFi, and equities into a single real-time mobile dashboard.

Team DAO raised $5M in a Series A  funding round from Krust Universe, Animoca Brands, GSR Markets LTD, Shima Capital, Antifund VC, Algorand Foundation, NGC Ventures (NEO Global Capital), Libra Ventures, Nexo, CoinHako.

TEAM (Tokenized Esports Asset Management) has a proprietary scalable solution for guild management.

Syndicate raised $6M in a  funding round from Andreessen Horowitz (a16z crypto), Circle Ventures, OpenSea, Uniswap Labs Ventures, Carta, LedgerStatus, CoinList, Polygon Ventures, Xoogler Ventures, Yield Guild Games (YGG), Sfermion, 6th Man Ventures (6MV).

Syndicate is a decentralized investing protocol and social network that enables investors and communities to create Web3-native investing DAOs.

* fund, that lead investment round