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Crypto Fundraising weekly
Dates: 04 – 10, Feb 2024

Summary

During this week 26 blockchain startups has raised $90.3M in funding:

  • Seed round: 10 startups $30.7M
  • Series A round: 3 startups $28.5M
  • Unknown round: 7 startups $21M
  • Strategic round: 3 startups $4.8M
  • Public sale round: 1 startup $4.4M
  • Pre-seed round:   (1 startup) $815K
  • Grants round:   (1 startup) $150K
0
$10.2M
$20.5M
$30.7M

Investments by ecosystem

This week's biggest funding round

Oobit raised $25M in a Series A funding round from Tether*, Titan Fund*, Anatoly Yakovenko, 468 Capital.

Oobit is a mobile payments app that facilitates cryptocurrency transactions for users, allowing them to pay for purchases with crypto at any store equipped with Visa or Mastercard POS terminals. Offering a safe, secure, and private payment experience, Oobit aims to make crypto accessible for everyday transactions, promoting the use of digital currencies as a form of money.

Pre-seed and Seed investment rounds

FuzzLand raised $3M in a Seed funding round from 1kx*, Hashkey Capital, SNZ Holding, Panga Capital, Dedaub, GoPlus Security.

FuzzLand is an open-source initiative developing innovative tools for smart contract security, leveraging AI-driven fuzzing and formal verification to analyze smart contracts accurately. Their vision is to build a comprehensive distributed computing network for smart contract analysis, aiming to address the lack of security infrastructure in Web3 with low-cost, high-accuracy solutions like ItyFuzz. Dedicated to advancing Web3 security, FuzzLand's cutting-edge tools, including the Blaz platform, aim to identify vulnerabilities in real-time, providing low-cost, high-accuracy solutions for the blockchain ecosystem.

YogaPetz raised $5M in a Seed funding round from Animoca Brands*, Newman Capital*, Soul Capital*.

Yogapetz is a decentralized wellness ecosystem merging NFTs, yoga, and community. It offers yoga content, meditation, and fitness challenges integrated with NFT utilities, aiming to foster healthy habits and community engagement in the Web3 space.

Coala Pay raised $815K in a Pre-seed funding round from Lattice Fund, Factor Capital, CV Labs, The Batchery.

Coala Pay simplifies international aid by providing an easy-to-use infrastructure for last-mile grants management, insulating donor funds from risks and delays. The platform includes a grants proposal marketplace powered by smart contracts, facilitating transparent, efficient, and impactful aid activities with rigorous due diligence on trusted local partners.

DEXTools raised undisclosed amount in a Seed funding round from OKX Ventures (ex OKEx Blockdream Ventures)*.

DEXTools is a free DeFi trading app, catering to over 15 million monthly users worldwide, offering advanced features and insights to enhance trading experiences. With integration across various devices and a dedicated community-driven approach, DEXTools aims to simplify and secure cryptocurrency tradin. Holders of the $DEXT token gain access to premium features and actively participate in the ecosystem.

Superform Labs raised $6.5M in a Seed funding round from Polychain Capital*, BlockTower Capital, Maven 11 Capital, Circle Ventures, Arthur Hayes, Marc Bhargava, Avi Felman, Michael Bucella, Bryan Pellegrino.

Superform is a permissionless cross-chain yield marketplace designed for DeFi protocols, allowing them to list their vaults or asset pools. Users can deposit funds into these vaults and earn yield, with Superform simplifying the process by abstracting away swapping and bridging, offering a single interface for yield management.

Flood raised $5.2M in a Seed funding round from Bain Capital Crypto*, Archetype*, Robot Ventures.

Flood is an Ethereum-focused DEX aggregator that optimally routes trades for the best prices. Currently live on Arbitrum One and planning expansion, Flood offers gasless trading and an intent-based model where users state their outcome, while fulfillers execute at optimal prices. The platform aims to efficiently orchestrate the relationship between users, owners, and fulfillers through its immutable core and optional modules.

Carbcoin raised undisclosed amount in a Seed funding round from Amber Group, Chuangyi Capital.

Carbcoin is the world's first digital carbon offsetting exchange platform, utilizing blockchain technology to provide secure and immutable carbon credits. With a focus on promoting green energy and addressing climate change concerns, Carbcoin enables individuals, companies, project developers, and brokers to buy or sell carbon credits, fostering transparency and incentivizing sustainable practices through its native cryptocurrency, $CARB.

GLIF raised $4.5M in a Seed funding round from Multicoin Capital*, Zee Prime Capital, Dialectic, Big Brain Holdings, Fenbushi Capital, Protocol Labs, Mana, FinTech Collective, Vinny Lingham.

GLIF is a prominent contributor to the Filecoin network, having developed critical apps and tools since the pre-Mainnet days. Notable contributions include the first Filecoin wallet, a multisig wallet for the Filecoin SAFT ICO distribution, and the introduction of GLIF Pools, Filecoin's premier DeFi protocol. GLIF facilitates "liquid leasing" for Filecoin, enabling users to earn yield by lending their FIL tokens to storage providers, bridging the gap between token holders seeking yield and storage providers generating it on the Filecoin network.

LightLink raised $4.5M in a Seed funding round from T&B Media Global*, MQDC (Magnolia Quality Development Corporation Limited)*, JellyC, Aweh Ventures, Blue7, B3V (Block 3 Ventures).

LightLink is an Ethereum Layer 2 blockchain designed to facilitate instant, gasless transactions for dApps and enterprises. Through its novel Enterprise Mode, LightLink provides a predictable, fixed-fee subscription model, enabling users to experience high-throughput transactions at no cost and making sophisticated DeFi and computation-intensive dApps feasible. With a mission to seamlessly integrate millions into the digital economy, LightLink offers EVM compatibility and a proprietary stack, allowing developers to migrate and scale their dApps without the need for extensive code rewriting.

Kodiak Finance raised $2M in a Seed funding round from Build-A-Bera, Amber Group, Shima Capital, No Limit Holdings (NLH), Ouroboros Capital, Baboon VC, dao5 (daofive), ODA Capital, Kenetic, Dewhales Capital, Tenzor Capital, Lotus Capital, Owl Ventures, Nonce Classic, 3Commas Capital, Wizards Capital, Credo, Blocmates, DoraHacks, Getmoni, Gainzy, Altcoin Sherpa, NaniXBT, McKenna, MrBlock, Evan Luthra, Ken, Marc Weinstein, Jerd Phichitkul, Soby, Jani, John Fiorelli, Kirby Ong, Joyce, Anthony Cheng, Steve Bearwin, CoCudera, Janitooor.

Kodiak is the native liquidity hub on Berachain, offering concentrated liquidity and automated management within a Proof-of-Liquidity (PoL) environment. As a decentralized exchange (DEX), it provides deep liquidity and trade execution for traders, flexibility for protocols, and modular integrations, aiming to be the community-native DEX of Berachain through its innovative features like Kodiak Islands for automated concentrated liquidity strategy vaults.

LN Markets raised undisclosed amount in a Seed funding round from Lemniscap.

LN Markets is a Bitcoin derivatives trading platform accessible exclusively via the Lightning Network, a layer-2 protocol on the Bitcoin blockchain. As the first instant settlement Bitcoin trading platform, LN Markets facilitates trading directly from Lightning wallets, offering quick access to derivatives markets with the ability to open and close positions seamlessly using Lightning transactions.

Other investment rounds

Pixels raised $4.8M in a Strategic  funding round from Framework Ventures, Collab+Currency, Volt Capital, Blocore, Yield Guild Games (YGG), Sky Mavis, Alex Svanevik, BreederDAO, Gabby Dizon, Token Metrics Ventures, Forj Network, Mechanism Capital, Fenbushi Capital, Eden Holdings (ED3N Ventures), MarsDAO, DAO KONDR VC, Loopify.

Pixels is an open-ended P2E game where players create NFTs from pixels, engaging in farming, exploration, and questing within the Pixels Universe. With a focus on community and experimentation, Pixels aims to be a gateway for millions into web3 gaming by blending blockchain ownership with a captivating mix of managing, creating, and exploring.

UniSat raised undisclosed amount in a Series A  funding round from OKX Ventures (ex OKEx Blockdream Ventures)*, SWC Global, Vitalbridge Capital, ABCDE Capital.

UniSat is a blockchain service provider with a user-friendly wallet, UniSat Wallet, enabling secure storage and transactions of bitcoins and Ordinals on the Bitcoin blockchain. It empowers users to explore the potential of Ordinals and BRC20 tokens, offering a comprehensive platform for inscription, trading, and management.

​​Meson Network raised $4.4M in a Public sale  funding round from .

Meson Network is a decentralized network known for its "DePIN" project, which has gained substantial support from a community of 340,000 miners. With over 100,000 active nodes in 150 countries and a bandwidth capacity of approximately 20 Tb/s, Meson Network facilitates decentralized infrastructure networks, offering user-friendly technology for various hardware and establishing an economic cycle connecting idle resources with business demand.

Dtravel raised undisclosed amount in a Strategic  funding round from Borderless Capital*.

Dtravel is a decentralized travel ecosystem using blockchain to address trust, reputation, and connectivity issues in the industry. Its protocol creates a single source of truth for travel data, enabling better connectivity and direct bookings, while Dtravel Direct empowers short-term rental operators to build their brands and grow direct booking businesses. The ecosystem also features Dtravel Meridian, a composable NFT travel profile for ownership of travel histories, reputations, and data, promoting a trustless system for direct bookings.

DeBox raised undisclosed amount in a  funding round from Bitrise Capital*.

DeBox is a Web3 social platform leveraging blockchain DID (Decentralized Identifier) technology to ensure the authenticity of social information and minimize fraud. It delivers decentralized social features and services, including token-based chat, open platforms for DAO tools, multi-dimensional social graphs, and more, tailored for Web3 communities.


Startale Labs raised $3.5M in a Series A  funding round from Samsung Next, Sony Network Communications, UVM Signum Blockchain Fund.

Startale Labs is an advanced Web3 technology company that specializes in developing multi-chain applications and infrastructure, conducting research and development, and providing incubation programs for Web3 startups. They are known for their products such as Astar Network, a popular smart contract platform in Japan, and Swanky Suite, a comprehensive tool for WebAssembly smart contract developers.

BiHelix raised undisclosed amount in a  funding round from Candaq Fintech Group*.

BiHelix is a Bitcoin-native blockchain infrastructure that optimizes nodes by integrating the RGB protocol and the Lightning Network. This Bitcoin ecological platform aims to enhance developer usability, expand Bitcoin use cases, and address scalability challenges, providing a more equitable decentralized encryption environment for miners, validators, node service providers, exchanges, and users.

Clearpool raised $150K in a Grants  funding round from Mantle Network*.

Clearpool is a decentralized capital markets ecosystem, where institutional borrowers can create individualized single borrower liquidity pools.

GigaStar raised $3M in a  funding round from DV Chain, Tomsic Holdings, Nameless Ventures, Belvedere Trading, Metropolitan Capital Bank and Trust.

GigaStar is a platform on a mission to empower creators by providing access to crowdfunding and offering investors revenue-sharing assets in the Creator Economy. Through the GigaStar Market platform, YouTube creators can conduct public offerings during a "drop," allowing investors to purchase rights to a revenue share percentage, receive monthly revenue payouts, and enjoy special perks.

OMEGA raised $6M in a  funding round from Borderless Capital, Lightspeed Faction, Bankless Ventures, Blockchain com (Blockchain Ventures), XBTO Group, XBTO Humla Ventures, Kronos Research, Psalion VC, MH Ventures, Blockchain Founders Fund, AlphaLab Capital, Wave Digital Assets, Side Door Ventures, Cadenza, Cross-Chain Ecosystem Fund, Hyperithm, Spirit DAO, Gmoney, OSF, DCF God, Jason Yanowitz, MoonCat2878, Popcorn Kirby, ChartFuMonkey, Bharat Krymo, NaniXBT.

Omega is revolutionizing Omnichain and Bitcoin DeFi by enabling users to leverage cross-chain digital assets for enhanced yield through decentralized and secure modular DeFi opportunities. The platform aims to redefine omnichain and Bitcoin DeFi, allowing idle assets like Bitcoin to be utilized across DeFi DApps in a decentralized and composable manner without the need for bridges, wrappers, or layer 2 solutions.

Merlin Chain raised undisclosed amount in a  funding round from OKX Ventures (ex OKEx Blockdream Ventures), ABCDE Capital, Foresight Ventures, ArkStream Capital, Antalpha Ventures, Waterdrip Capital, Skyland Ventures, ViaBTC Capital, Vitalbridge Capital, UpHonest Capital, Stratified Capital, Inception Capital (ex OP Crypto), 7UpDAO, KuCoin Ventures, BAI Capital, LK Venture, Woo, MOBOX, MH Ventures, Generative Ventures.

Merlin Chain is a Bitcoin Layer 2 solution integrating ZK-Rollup, decentralized oracle network, and BTC fraud proof modules, committed to scaling Bitcoin and making it fun. Developed by Bitmap Tech, Merlin Chain supports native Bitcoin assets and protocols, contributing to the growth of the Bitcoin ecosystem. It offers various applications, including DEX iZUMi Finance, Bridge Meson Polyhedra Network, Bitmap Game, Bitmap War, and BRC-420 native DeFi apps like Mineral.

Nibiru raised $12M in a  funding round from Kraken Ventures, NGC Ventures (NEO Global Capital), Tribe Capital, ArkStream Capital, CoinList, Master Ventures, Aussie Capital, Ghaf Capital Partners, Oasis Ventures, Zephyrus Capital, Banter Capital, Gydra Capital, DCI capital (Dutch Crypto Investors), Altcoinbuzz, CSP DAO, Momentum Capital.

Nibiru is a decentralized finance (DeFi) hub, proof-of-stake blockchain and a member of a family of interconnected blockchains that comprise the Cosmos Ecosystem. It offers leveraged derivatives trading, spot trading, staking, and bonded liquidity provision across 40 blockchains. Nibiru also plans to launch its fractional-algorithmic stablecoin, NUSD, collateralized by USDC and NIBI.

Carry1st raised undisclosed amount in a Strategic  funding round from Sony Innovation Fund*.

Carry1st is the leading publisher of Web3 and social games, and interactive content in Africa.

Bitmap Tech raised undisclosed amount in a  funding round from ABCDE Capital*.

Bitmap Tech is a major player in the Bitcoin ecosystem, known for establishing the largest first-level asset community. With notable achievements like the BRC420 asset protocol and the leading NFT Blue BOX, Bitmap Tech focuses on Bitcoin Layer 2 solutions, introducing Merlin Chain and ventures like Bitmap Game, Bitmap Metaverse and Recursiverse, Project M.

* fund, that lead investment round

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