Crypto Fundraising weekly
Dates: 06 – 12, Dec 2021

This week's biggest funding round

Braintrust raised $100M in a funding round from Coatue, Tiger Global, True Ventures, Hashkey Capital, Blockchange Ventures.

Braintrust is a decentralized talent network that connects highly skilled tech freelancers with the innovative companies in need of their skills.

Pre-seed and Seed investment rounds

Yield Guild Games Southeast Asia (YGG SEA) raised $15M in a Seed funding round from Infinity Ventures Crypto (IVC)*, Yield Guild Games (YGG)*, Animoca Brands, Crypto.com Capital, Digital Currency Group (DCG), Hashed, Poloniex, Jump Capital, UOB Venture Management, OKX Ventures (ex OKEx Blockdream Ventures), LongHash Ventures, Morningstar Ventures, Polygon Ventures, Hashkey Capital, Circle Ventures, Petrock Capital, FBG Capital, SevenX Ventures, Dialectic, Arca Fund, Evernew Capital, Yolo Investments, Emfarsis, Mindworks VC, Gabby Dizon.

YGG SEA is a sub-decentralized autonomous organization (subDAO) for acquiring and managing NFTs used in the metaverse.

Rainmaker Games raised $6.5M in a Seed funding round from Animoca Brands*, CoinFund*, Polygon Studios*, Alameda Research, Republic, SkyVision Capital, Merit Circle.

Rainmaker Games is a Play 2 Earn gaming platform and guild 2.0 building an army within the metaverse made up of players from around the world.

Router Protocol raised $4.1M in a Seed funding round from Coinbase Ventures, QCP Capital, DeFi Capital, Polygon Ventures, Wintermute, Shima Capital, Woodstock, Mapleblock Capital, Alameda Research, Bison Ventures.

Router Protocol is a crosschain liquidity aggregator.

Mnemonic raised $4M in a Seed funding round from Kenetic*, Monochrome Capital, Sound Ventures, Tribe Capital, Coinbase Ventures.

Mnemonic is the first NFT intelligence platform and the first B2B NFT company that is developed to facilitate API and cross-chain aggregation functionalities, which enable developers to build NFT-centric applications.

Voltz raised $6M in a Seed funding round from Framework Ventures*, Fabric Ventures, Coinbase Ventures, Amber Group, Wintermute, Robot Ventures, mgnr, Entrepreneur First, Backed, NEMO, Stani Kulechov, Alan Howard, Kain Warwick.

Voltz is a novel defi primitive, powering leveraged interest rate swaps.

Block Earner raised $6.4M in a Seed funding round from Framework Ventures, Coinbase Ventures, Alliance DAO (ex DeFi Alliance), LongHash Ventures, XBTO Group, Ava Labs, Divergence.

Block Earner is an Australia-based FinTech powered by blockchain technology.

BAYZ raised $4M in a Seed funding round from Yield Guild Games (YGG), BITKRAFT Ventures, Delphi Digital, Valor Capital Group, Ascensive Assets, Fabric Ventures, Arca Fund, Morningstar Ventures, ParaFi Capital, Arrington Capital, SkyVision Capital.

BAYZ is a web3 gaming company that helps members earn money by playing video games and being part of a global gaming community.

Zeta raised $8.5M in a Seed funding round from Jump Capital*, Race Capital, Electric Capital, DACM, Amber Group, Wintermute, SINO Global Capital, Genesis Block Ventures Capital (GBV), QCP Capital, Alameda Research, mgnr, Third Kind Venture Capital (3kvc), Orthogonal Trading, LedgerPrime, SkyVision Capital, Solana Ventures.

Zeta is the premier under-collateralized DeFi derivatives platform, providing liquid derivatives trading to individuals and institutions alike.

JellyFi raised $4.4M in a Seed funding round from Lemniscap, ParaFi Capital, Tioga Capital Partners, White Star Capital, DeFiance Capital, True Ventures, Divergence, AngelDAO, Digital Currency Group (DCG), Genesis.

JellyFi is a capital-efficient DeFi lending protocol that enables crypto loans.

Pontoro raised $6M in a Seed funding round from Ulu Ventures*, Franklin Templeton, Neva Sgr., Illuminate Financial, Adit Ventures, Fin Capital, Bloccelerate, Nevcaut Ventures, Quest Venture Partners.

Pontoro is a fintech company developing a blockchain-based platform to democratize access to infrastructure debt investments, allowing both retail and institutional investors to participate. The platform also focuses on simplifying fund administration, potentially revolutionizing infrastructure financing and closing global infrastructure gaps.

DeGame raised $3.7M in a Seed funding round from Hack VC*, Ant Capital (a&t)*, Kenetic*, Protocol Labs*, Fenbushi Capital, NGC Ventures (NEO Global Capital), Hashkey Capital, FBG Capital, Foresight Ventures, DoraHacks.

DeGame is a prominent GameFi/NFT aggregator that provides a platform for GameFi projects and partnerships. It introduces the concept of proof-of-contribution (PoC) to identify and reward contributors, offering a PoC tool and algorithm for users to create and participate in permissionless PoC communities. These communities record and verify user behavior, calculate contribution value, and enable the exchange of value for identity verification, privileges, NFTs, and tokens, benefiting both users and projects in the blockchain ecosystem.

Other investment rounds

Slingshot raised $15M in a Series A  funding round from Ribbit Capital, K5 Global, Shrug Capital, Electric Capital, Framework Ventures, The Chainsmokers.

Web3 trading platform.

iZUMi Finance raised $3.5M in a Series A  funding round from Mirana Ventures, IOSG Ventures, Cadenza, Fenbushi Capital, Everest Ventures Group (EVG), Hashkey Capital, GSR Markets LTD, Bixin Ventures, Woo, DoraHacks, Gate Labs, MEXC, CyberX.

iZUMi Finance is a one-stop liquidity-as-a-service (LaaS) DeFi protocol. Their product offerings include LiquidBox, iZiSwap, and iUSD, which aim to provide liquidity as a service and enable efficient, lasting, and high capital efficiency trading experiences for DeFi users.

Finblox raised undisclosed amount in a  funding round from Sequoia Capital, MSA Capital, Venturra Capital, CoinFund, Saison Capital, Ratio Ventures, First Check Ventures (FCV).

Finblox is a crypto trading app that features FinGPT, an AI-powered financial consultant, offering personalized recommendations and comprehensive solutions for optimizing crypto portfolios. Finblox introduces FBX, its native token, which grants access to exclusive FinGPT features, staking rewards, and processing power, exemplifying the company's commitment to financial inclusivity and innovation in the blockchain space.

Index Cooperative raised $2.3M in a Strategic  funding round from Sequoia Capital*, Blockchain.com (Blockchain Ventures)*, White Star Capital*.

Index Coop is a decentralized crypto asset manager, community-led initiative focused on enabling the creation and adoption of crypto index primitives. This DAO behind tokens like DeFi Pulse Index (DPI).

TRM Labs raised $60M in a Series B  funding round from Tiger Global*, Americen Express Ventures (Amex), Visa, Citi, Blockchain Capital, Jump Capital, Marshall Wace, PayPal Ventures, B Capital Group, DRW Venture Capital, Square, Bessemer Venture Partners, Castle Island Ventures, Initialized Capital.

TRM Labs is a blockchain intelligence company that helps financial institutions, crypto businesses and government agencies detect and investigate crypto-related financial crime and fraud.

Sui raised $36M in a Series A  funding round from Andreessen Horowitz (a16z crypto)*, Redpoint, Lightspeed, Coinbase Ventures, Electric Capital, Standard Crypto, NFX, Slow Ventures, Scribble Ventures, Samsung Next, Bienville Capital, Hack VC.

Sui is a decentralized permissionless smart contract platform based towards low-latency management of assets. Developed by Mysten Labs.

* fund, that lead investment round