Crypto Fundraising weekly
Dates: 04 – 10, Nov 2019

Summary

During this week 5 blockchain startups has raised $13.4M in funding:

Seed round: 3 startups $6.9M
Series A round: 1 startup $6.5M
Strategic round: (1 startup) undisclosed amount

$2.3M

$4.6M

$6.9M

Investments by ecosystem

This week's biggest funding round

Meeco raised $6.5M in a Series A funding round from .

Pre-seed and Seed investment rounds

Domani Protocol raised $460K in a Seed funding round from Lunex*, SGInnovate*.

Axie Infinity raised $1.5M in a Seed funding round from Animoca Brands*, Hashed, ConsenSys.

Axie Infinity is a Pokémon-inspired gaming platform with a fun and educational way to introduce the world to blockchain and NFT technology. Created by Sky Mavis.

Arweave raised $5M in a Seed funding round from Andreessen Horowitz (a16z crypto), Union Square Ventures (USV), Multicoin Capital.

Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever – for the very first time. Arweave will be providing its services for Meta’s Instagram platform to store non-fungible tokens (NFTs).

Other investment rounds

Flare raised undisclosed amount in a Strategic funding round from Xpring Capital*.

Flare is a Layer-1 blockchain focused on providing data as a public good. It supports smart contract protocols, particularly pricing oracles, for developers to access diverse data for applications like DeFi, gaming, NFTs, and more. Flare is EVM-compatible, offers familiar tools, and has multiple networks for testing and development.

* fund, that lead investment round

Crypto Fundraising weeklyDates: 04 – 10, Nov 2019