Crypto Fundraising weekly
Dates: 05 – 11, Dec 2022

This week's biggest funding round

Bitwave raised $15M in a Series A funding round from Hack VC, Blockchain Capital, SignalFire, Valor Equity Partners, Arca Fund, Alumni Ventures (AVG).

Bitwave is a digital asset finance platform designed specifically to manage the intersection of cryptocurrency tax, accounting, and compliance. Bitwave provides enterprises a complete drop in solution for handling digital assets – tax tracking, automatic mark-to-market, crypto AR/AP, wallets, and DeFi.

Pre-seed and Seed investment rounds

NF3 raised $1.7M in a Seed funding round from The Spartan Group, Infinity Ventures Crypto (IVC), DWF Labs, Saison Capital.

NF3 is a one-stop-shop for NFT trading, swaps & options platform to barter, reserve & exchange NFT collections. The platform is currently built on Ethereum, but aims to be multi-chain, rolling out to chains where there are active NFT communities including Solana, Polygon and Tezos. It also aims to be cross-chain, which will enable people to swap assets between different blockchains.

Outdefine raised $2.5M in a Seed funding round from Jump Crypto, The Chernin Group (TCG Crypto), Big Brain Holdings, Formless Capital, Blocore.

Outdefine is a decentralized hiring network on Solana. The platform uses tokenomics to try and drive a more equitable and transparent relationship between hiring companies and talent.

Forum3 raised $10M in a Seed funding round from Decasonic, Liberty City Ventures, Arca Fund, Polygon Ventures.

Forum3 is the experiential loyalty company focused on building digital collectible solutions for consumers and brands.

Metagood raised $5M in a Pre-seed funding round from Animoca Brands.

Metagood is a for-profit social impact NFT startup. The company launched its flagship NFT collection OnChainMonkey to create tokenized value for community members.

Shibuya raised $6.9M in a Seed funding round from Andreessen Horowitz (a16z crypto), Variant Fund, Paris Hilton, Kevin Durant.

Shibuya is NFT-based decentralized video platform for users to fund & become producers of content.

Perennial raised $12M in a Seed funding round from Polychain Capital, Variant Fund, Archetype, Coinbase Ventures, Scalar Capital, Robot Ventures, A Capital.

Perennial is a DeFi-native derivatives primitive that allows for the creation of two-sided markets that trade exposure to an underlying price feed in a capital efficient manner. Perennial acts as a peer-to-pool derivatives AMM that perpetually offers to take the other side of any Taker’s position directly at the oracle price, in exchange for a funding rate that floats based on utilization of the liquidity pool.

The Mirror raised $2.3M in a Pre-seed funding round from Founders fund, PTC Crypto (Palm Tree Crew).

The Mirror is an all-in-one game and game development platform, designed to empower developers and 3D creators with limitless experiences & creativity.

Panoptic raised $4.5M in a Seed funding round from gumi Cryptos Capital, Uniswap Labs Ventures, Coinbase Ventures, Jane Street, Blizzard.

Panoptic is a perpetual, oracle-free options protocol built on the Ethereum blockchain.

Other investment rounds

Balthazar raised $2M in a  funding round from Animoca Brands*, KuCoin Labs, Tezos, IDG Capital, Yolo Investments, Red Building Capital, DACM, Vendetta Capital, Fantom Foundation.

Balthazar is a research led, blockchain gaming infrastructure DAO, focused on bringing users, unfamiliar with the crypto native experience - into the space.

BIDSHOP.io raised $1.3M in a  funding round from KuCoin Labs*, Republic Capital (ex Republic Labs)*, IDG Capital, Ascensive Assets, Acheron Trading.

BIDSHOP.io is the first decentralized reverse auction NFT marketplace that provides a gamified experience for users while addressing market failures in the NFT space. Developed by LiquidFactory.

Oasys raised undisclosed amount in a Strategic  funding round from Galaxy Interactive, Hyperithm, Presto Labs, Jsquare, AAG Ventures.

Oasys is a public blockchain designed specifically for gaming, featuring fast transactions, zero gas fees, and an eco-friendly approach. It utilizes a unique multi-layered architecture that includes a highly scalable Layer 1 and a specialized Layer 2 for scaling solutions.

* fund, that lead investment round