Crypto Fundraising weekly
Dates: 04 – 10, Oct 2021

This week's biggest funding round

CoinSwitch Kuber raised $260M in a funding round from Andreessen Horowitz (a16z crypto), Coinbase Ventures, Paradigm, Ribbit Capital, Sequoia Capital, Tiger Global.

CoinSwitch Kuber is Indian cryptocurrency exchange platform allowing its users to buy and sell cryptocurrencies.

Pre-seed and Seed investment rounds

Elpis Battle raised $2.2M in a Seed funding round from Hashed*, HyperChain Capital, Kyber Ventures, Signum Capital, DeFi Capital, Fomocraft Ventures, Arche Fund (Coin98 Ventures), SotaTek, Kyros Ventures, Avocado Guild, HUB Global.

Elpis Battle is an open-world RPG that features the play-to-earn model

Endless Clouds (Treeverse) raised undisclosed amount in a Seed funding round from IDEO CoLab Ventures, Animoca Brands, SkyVision Capital, Stani Kulechov.

Endless Clouds is a game development studio known for creating Treeverse, Capsule Heroes, and Timeless. Treeverse, one of their flagship projects, is a pixel-themed metaverse MMORPG that emphasizes player socialization, resource gathering, progression, and dungeon-based combat.

Cradles raised $1.2M in a Seed funding round from Sfermion, The Spartan Group, HTX Ventures (ex Huobi Ventures), LD Capital, Signum Capital, Animoca Brands, Republic Realm, DWeb3 Capital, Youbi Capital, D1 Ventures.

Cradles is an upcoming fully decentralized MMORPG with a virtual open environment.

OP Games raised $8.6M in a Seed funding round from Republic, Ascensive Assets, Morningstar Ventures, Mechanism Capital, Polygon Studios, Bitcoin.com, Mentha Partners, OKX Ventures (ex OKEx Blockdream Ventures), SevenX Ventures, GFS Ventures, Alliance DAO (ex DeFi Alliance).

OP Games is a multi-chain gaming platform currently built on Ethereum and the NEAR Protocol.

Stader raised $4M in a Seed funding round from Pantera Capital*, Coinbase Ventures, Jump Capital, True Ventures, Hypersphere, Proof, LedgerPrime, HTX Ventures (ex Huobi Ventures), Solidity Ventures, Double Peak Group, Solana Ventures, Near Foundation, Terraform Labs, Sandeep Nailwal, Jaynti Kanani.

Smart contract infrastructure for Staking

Tinyman raised $2.5M in a Seed funding round from Borderless Capital, Arrington Capital, THE LAO, Genesis, Digital Currency Group (DCG), BlockTower Capital, Golden Tree.

Tinyman is a decentralized trading protocol which utilizes the fast and secure framework of the Algorand blockchain, creating an open and safe marketplace for traders, liquidity providers, and developers.

GooseFX raised $6M in a Seed funding round from SkyVision Capital, CoinShares Ventures, Bixin Ventures, Animoca Brands, KuCoin Labs, GSR Markets LTD, Solar Eco Fund, Double Peak Group, MEXC, Gate Labs, Genblock Capital, Solana Ventures, DWeb3 Capital, Definitive Capital, OIG Capital (Oracles Investment Group), Signal Ventures, Darkpool Liquidity, 6K Starter.

GooseFX is a full suite DeFi platform to trade crypto, tokenized stocks, NFTs, and liquidity providing built on Solana and Serum DEX.

Art Blocks raised $6M in a Seed funding round from Galaxy Interactive*, Collab+Currency*, True Ventures, Libertus Capital, Flamingo, THE LAO.

Art Blocks is NFT marketplace that generates original artwork on the Ethereum blockchain.

PowerLoom raised $3.1M in a Seed funding round from Blockchain Capital, Fenbushi Capital, Coin Merge Strategy (CMS), Protocol Labs, Divergence, MEXC, Youbi Capital, Double Peak Group, Altonomy, AU21 Capital, LongHash Ventures, THE LAO.

PowerLoom Protocol aggregates on-chain and off-chain data to generate snapshots with cryptographic proofs in a decentralized manner.

Manifold raised undisclosed amount in a Seed funding round from Andreessen Horowitz (a16z crypto), Initialized Capital.

Manifold enables web3 creators to have true creative ownership, preserve on-chain provenance, and interoperate with all major NFT marketplaces.

Warena raised $1.5M in a Seed funding round from DAO Maker, Momentum 6 (M6), Master Ventures, Animoca Brands, Clovers Ventures.

Warena is a blockchain-based NFT game that seeks to decentralize the gaming ecosystem

THORSwap raised $3.8M in a Seed funding round from IDEO CoLab Ventures*, True Ventures, Sanctor Capital, THORChain, Nine Realms Capital, 0x Ventures, QI Capital.

THORSwap is a Multi-Chain DEX built on THORChain.

Ojamu raised $1.7M in a Seed funding round from Ascensive Assets, A195 Capital, Master Ventures, Morningstar Ventures, Moonrock Capital, Protocol Ventures, Genesis Block Ventures Capital (GBV), x21 Digital, Chain Capital, Waterdrip Capital, Vendetta Capital, Rarestone Capital.

Ojamu empowers brands using Ai (Artificial Intelligence) driven insights and cutting-edge automated solutions based on blockchain technology.

Demole raised $650K in a Seed funding round from DAO Maker, LD Capital, Metrix Capital.

Demole is a vast monster world NFT game with Play to Earn mechanics on blockchain.

Other investment rounds

reNFT raised $1.5M in a Strategic  funding round from Animoca Brands*, Lattice Fund, LongHash Ventures, SkyVision Capital, Fedora Capital, Scalar Capital, MetaCartel Ventures, Maeve Ventures, Play future fund, Gabby Dizon, Sebastian Borget.

NFT rental protocol. The reNFT vision is to bring any asset that has a rentable use case whether in the digital or physical realm on-chain as an NFT for trustless, secure, and quick rentability.

Chingari raised $19M in a  funding round from Republic, Galaxy Digital, Alameda Research, Kraken Ventures, Solana Ventures, LD Capital, Borderless Capital, Cultur3 Capital, NGC Ventures (NEO Global Capital), CoinFund, AU21 Capital, CSP DAO.

India’s short-video sharing platform.

Strips Finance raised $8.5M in a  funding round from Multicoin Capital*, Sequoia Capital, Fabric Ventures, Morningstar Ventures.

Strips Finance is an interest rate derivatives exchange built on Arbitrum and BSC.

BitOasis raised $30M in a Series B  funding round from Jump Capital, Wamda Capital, Alameda Research, Global Founders Capital (GFC), Pantera Capital, Digital Currency Group (DCG), NXMH.

BitOasis is the largest cryptocurrency platform in the MENA region, offering a secure and regulated infrastructure for buying, selling, and trading cryptocurrencies. It serves as a trusted platform for both newcomers and experienced traders in the region's cryptocurrency ecosystem. BitOasis enables users to securely engage with popular cryptocurrencies like Bitcoin, Ether, XRP, and Bitcoin Cash.

Axie Infinity raised $152M in a Series B  funding round from Andreessen Horowitz (a16z crypto), Paradigm, Accel, Seven Seven Six Ventures, FTX Ventures, Samsung Next, Fabric Ventures, Standard Crypto, Backed, Not Boring Capital, Vayner Fund, Cultur3 Capital, DIGITAL (Steve Cohen).

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.

* fund, that lead investment round