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Crypto Fundraising weekly
Dates: 03 – 09, Dec 2018

Summary

During this week 8 blockchain startups has raised $195M in funding:

  • Series B round: 2 startups $127.5M
  • Unknown round: 5 startups $59.5M
  • Seed round:   (1 startup) $8M
0
$42.5M
$85M
$127.5M

Investments by ecosystem

This week's biggest funding round

Cross River raised $100M in a Series B funding round from Kohlberg Kravis Roberts (KKR)*, Ribbit Capital, Andreessen Horowitz (a16z crypto), Battery Ventures, CreditEase, LionTree.

Pre-seed and Seed investment rounds

Bitpanda (ex Trustology) raised $8M in a Seed funding round from Two Sigma Ventures*, ConsenSys*.

Bitpanda is a European neobroker on a mission to democratize the complex world of investing.

Other investment rounds

BUGX IO raised undisclosed amount in a  funding round from QF Capital*.

Bluecoat raised $20M in a  funding round from .

GrainChain raised $2.5M in a  funding round from Medici Ventures*.

ErisX raised $27.5M in a Series B  funding round from ConsenSys, Fidelity, Nasdaq Ventures, Bitmain, Monex Group.

Conflux raised $35M in a  funding round from Sequoia Capital, HTX Ventures (ex Huobi Ventures), Dragonfly Capital.

Conflux is a first layer consensus blockchain designed for high throughput and scalability while maintaining decentralization, using a Tree-Graph structure to confirm multiple blocks concurrently. It is a regulatory compliant, public, and permissionless blockchain that operates with an account-based model and supports a modified version of Solidity and Ethereum Virtual Machine for its smart contracts.

Chainvu raised $2M in a  funding round from .

* fund, that lead investment round

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