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Crypto Fundraising weekly
Dates: 03 – 09, Sep 2018

Summary

During this week 5 blockchain startups has raised $25.1M in funding:

  • Series A round: 1 startup $15M
  • Unknown round: 2 startups $8M
  • Seed round: 1 startup $2.1M
  • Grants round:   (1 startup) undisclosed amount
0
$5M
$10M
$15M

Investments by ecosystem

This week's biggest funding round

Spacemesh raised $15M in a Series A funding round from Polychain Capital*, Dragonfly Capital, Paradigm, Coinbase Ventures, Bain Capital Ventures (BCV), 1kx, Arrington Capital, DHVC (Danhua Capital), gumi Cryptos Capital (gCC), Electric Capital, Collaborative Fund.

Spacemesh is an open-source programmable cryptocurrency platform that aims to create a fair and decentralized ecosystem. It utilizes a unique proof-of-space-time (PoST) consensus protocol, eliminating the drawbacks of traditional proof-of-stake and proof-of-work systems. By enabling anyone to mine the cryptocurrency and reducing energy consumption, Spacemesh promotes fair distribution and provides a robust infrastructure for tokenized apps, communities, and economies.

Pre-seed and Seed investment rounds

Rockside raised $2.1M in a Seed funding round from .

Other investment rounds

Floating Point Group raised undisclosed amount in a Grants  funding round from .

DecorMatters raised $5M in a  funding round from .

Robot Cache raised $3M in a  funding round from Millennium Blockchain.

* fund, that lead investment round

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