Crypto Fundraising weekly
Dates: 06 – 12, May 2019

Summary

During this week 10 blockchain startups has raised $1B in funding:

Unknown round: 4 startups $1B
Series A round: (2 startups) $16M
Series B round: (1 startup) $10M
Seed round: (2 startups) $4.5M
Pre-seed round: (1 startup) $1.5M

$335M

$670M

$1B

Investments by ecosystem

This week's biggest funding round

Figure raised $1B in a funding round from WSFS Bank*, Jefferies*.

Figure is a blockchain technology startup that offers loan origination, equity management, and payments services using the Provenance Blockchain. It is considered a unicorn company globally and aims to transform the financial services industry by bringing speed, efficiency, and savings to both consumers and institutions.

Pre-seed and Seed investment rounds

Bitkub raised $2.1M in a Seed funding round from SeaX Ventures.

Chipper Cash raised $2.4M in a Seed funding round from Deciens Capital*, One Way Ventures, 500 Startups (500 Global), Liquid 2 Ventures, Brue2 Ventures, Transition Level Investments.

Brinc raised $1.5M in a Pre-seed funding round from Animoca Brands Japan*, Animoca Brands*, Artesian Venture Partners*.

Other investment rounds

Bibox raised undisclosed amount in a funding round from .

Theta Network raised undisclosed amount in a funding round from Samsung Next*, Blockchain com (Blockchain Ventures)*.

Theta Network is a blockchain designed for media and entertainment, empowering existing platforms to reduce costs and engage users by leveraging decentralized technologies. It supports smart contracts, including Ethereum compatibility, enabling various Web3 applications like NFTs, decentralized exchanges, and DAOs. With a unique consensus mechanism, dual-token design (THETA and TFUEL), and a decentralized edge network, Theta offers scalable, low-carbon blockchain solutions for the entertainment industry, backed by a governance council including global leaders like Google, Samsung, and Binance.