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Crypto Fundraising weekly
Dates: 05 – 11, Aug 2019

Summary

During this week 8 blockchain startups has raised $35.6M in funding:

  • Series A round: 1 startup $18.3M
  • Seed round: 3 startups $9.3M
  • Strategic round: 2 startups $8M
  • Unknown round:   (2 startups) undisclosed amount
0
$6.1M
$12.2M
$18.3M

Investments by ecosystem

This week's biggest funding round

BlockFi raised $18.3M in a Series A funding round from Valar Ventures*, Winklevoss Capital, Galaxy Digital, ConsenSys, Akuna Capital, SIG DTI (a Susquehanna International Group Company), CMT Digital, Morgan Creek Capital, Avon Ventures, PJC Venture.

BlockFi is a financial services provider that offers cryptocurrency owners the ability to secure USD loans by using their crypto-assets as collateral. They offer a range of financial products powered by blockchain technology, including interest-earning accounts and trading services, serving clients globally and across all U.S. states.

Pre-seed and Seed investment rounds

Bling raised $1.3M in a Seed funding round from Wave Financial*, Youbi Capital, Miko Matsumura, Terrence Yang, James Sowers.

Bling is a mobile-game platform that enables bitcoin rewards. Bling’s platform currently consists of games, as well as a software development kit (SDK) it will begin offering to other mobile game developers that includes a bitcoin rewards system, fraud detection and user value detection.

Patientory raised undisclosed amount in a Seed funding round from Oregon Enterprise Blockchain Venture Studio*, R/GA Ventures.

FTX Trading raised $8M in a Seed funding round from Consensus Lab, Race Capital, Galois Capital, FBG Capital, Kenetic.

FTX is a fast-growing cryptocurrency exchange that offers advanced trading options like margin and futures trading.

Other investment rounds

Animoca Brands raised $8M in a Strategic  funding round from .

Animoca Brands is a global leader in the Web3 space, specializing in the development and investment of blockchain-based games and experiences. With a diverse portfolio, the company empowers developers and creators to shape the future of gaming, contributing to the growth of the Web3 ecosystem. Animoca Brands stands at the forefront of the Web3 revolution, transforming the gaming industry with innovative and immersive blockchain-powered projects.

BitMart raised undisclosed amount in a Strategic  funding round from Fenbushi Capital*.

Chronicled raised undisclosed amount in a  funding round from Oregon Enterprise Blockchain Venture Studio*.

Brave raised undisclosed amount in a  funding round from R/GA Ventures.

* fund, that lead investment round

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