Crypto Fundraising weekly
Dates: 07 – 13, Jul 2024

This week's biggest funding round

Partior raised $60M in a Series B funding round from Peak XV Partners (ex as Sequoia India & South East Asia)*, Valor Capital Group, Jump Trading, Standard Chartered Bank, Temasek, JPMorgan Chase & Co..

Partior is revolutionizing financial market infrastructure with its decentralized, programmable, and always-on platform. Utilizing a global unified ledger, Partior enables seamless, secure, and scalable movement of liquidity, addressing inefficiencies such as settlement delays and high operating costs. The platform supports real-time cross-border multi-currency payments, Payments versus Payments (PvP), Delivery versus Payments (DvP) settlements, and trade finance functions. Partior’s interoperability with both digital and non-digital asset networks ensures comprehensive and efficient financial transactions.

Pre-seed and Seed investment rounds

RECRD raised $4M in a Seed funding round from Sui Foundation*, DNA Fund, Alphabit.

RECRD is a next-generation platform designed to revolutionize the way music artists, fans, and industry professionals connect and collaborate. It provides tools for artists to create, distribute, and monetize their music while engaging with their fanbase directly. The platform features integrated social functionalities, allowing for seamless interaction and collaboration within the music community. RECRD aims to empower artists by giving them control over their creative process and revenue streams, fostering a more transparent and equitable music industry.

Tread.fi raised $3.5M in a Pre-seed funding round from New Form Capital*, Aquanow (AQN), Varys Capital, Genesis Block Ventures Capital (GBV), Thanefield Capital.

Tread is an institutional-grade trading platform that offers advanced algorithmic trading tools for digital assets. It provides seamless integration with existing trading workflows, enabling automated trade execution, smart order routing, and comprehensive transaction cost analysis. Tread aims to modernize market access, minimize slippage, and enhance liquidity diversification across multiple exchanges. The platform supports a variety of tradeable assets, including spot, perps, futures, and options, ensuring transparent pricing and minimal market impact. Designed for both fundamental and systematic funds, Tread delivers a robust, scalable, and secure trading infrastructure.

Kulipa raised $3M in a Seed funding round from Fabric Ventures*, White Star Capital*.

Kulipa is a platform that enables non-custodial wallets to issue branded crypto payment cards. These cards, compatible with Apple Pay® and Google Pay™, provide users with a seamless payment experience by converting crypto to fiat in the background. Kulipa handles all compliance, security, and integration needs, offering a comprehensive solution for wallets to expand their functionalities. The platform allows users to manage card settings, set spending limits, and issue cards on the fly, bridging the gap between crypto assets and everyday spending.

Other investment rounds

Tabi (ex Treasureland) raised $16.1M in a Public sale  funding round from .

Tabi is a decentralized marketplace and platform for publishing and trading nonfungible tokens (NFTs). It offers features such as NFT trading, a launchpad, and a gaming platform, while also converting users' on-chain activities into experience points for future rewards. Tabi aims to connect NFT creators, users, and consumers, serving as a gateway to the Web 3.0 world and offering incentives for developers on the BNB Chain.

Pixelverse raised $2M in a  funding round from Galaxy Interactive, CRIT Ventures, Arcthecommunity (ARC), Mike Dudas.

Pixelverse is a cyberpunk video game ecosystem where players explore a neon-lit world, engage in PvE and PvP battles, and customize robots. Built by a team from Binance and other notable projects, it aims to create the largest 2D world using procedural generation technology and EVM L1 blockchain. Core features include quests, crafting, dynamic NFTs, and a robust economic ecosystem powered by the $PIXFI token.

ZAP raised $15M in a  funding round from Rarestone Capital*, Cypher Capital*, Sharding Capital*, Presto Labs, Auros Global, Larry Cermak, Luca Netz.

ZAP is a reputation-based token distribution protocol built on Blast, designed to ensure fair and meritocratic token rewards by validating user contributions. It helps projects sustainably grow their communities through campaigns like the “Blast Gigadrops,” which rewards users for social and on-chain interactions with over 20 Blast ecosystem projects. ZAP is expanding its protocol to other blockchains, starting with Base, and is developing a no-code token launcher and token launchpad to simplify access to venture-capital-backed projects. With a focus on rethinking the token launch experience, ZAP aims to provide seamless distribution for crypto founders.

Aidatify raised $8.3M in a  funding round from Stix, Alter Global, Spencer Ventures.

AiDATify leverages AI and data analytics to transform how businesses understand and engage with their customers. The platform provides advanced tools for data analysis, enabling companies to extract actionable insights from large datasets. With a focus on personalization, AiDATify helps businesses create more targeted and effective marketing strategies, improving customer engagement and driving growth. The platform’s user-friendly interface and powerful analytics capabilities make it an essential tool for businesses looking to harness the power of AI and data to stay competitive.

Soccerverse raised $3.1M in a  funding round from SQUARE ENIX*, Hiro Capital.

Soccerverse is a free-to-play, multiplayer football management simulator and trading game that spans the globe. Players can manage one of over 3,500 clubs, sign from a pool of 110,000+ players, and compete in various leagues across 93 countries. The game emphasizes reputation-based competition, innovative and transparent gameplay, and a persistent, dynamic universe where clubs and players evolve continuously. Roles include Manager, Club Influencer, Player Agent, and Player Influencer, offering diverse ways to engage and impact the football ecosystem.

ThirdFi raised $2M in a  funding round from Alphabit, TechStars, Outlier Ventures, Chainlink.

ThirdFi is a modular AI platform for decentralized finance (DeFi) that provides AI-driven insights and automation. The platform leverages AI to optimize trading strategies, predict market trends, and maximize yield through an advanced AI smart router. ThirdFi integrates with multiple DeFi protocols and blockchain networks, offering tools for automated trading, market signals, and a marketplace for AI agents. It aims to enhance DeFi user experiences by providing intelligent, scalable, and secure solutions for managing digital assets.

Rome Protocol raised $9M in a  funding round from Hack VC*, P2 Ventures (Polygon Ventures), Hashkey Capital, Portal Ventures, Bankless Ventures, Robot Ventures, LBANK Labs, Anagram, TRGC, MH Ventures, Perridon Ventures, Anatoly Yakovenko, Nick White, Santiago R. Santos, Comfy Capital, Austin Federa, Jason Yanowitz.

Rome Protocol is constructing a shared sequencer network on the Solana blockchain, utilizing its high throughput to provide efficient sequencing for rollup solutions and blockchain projects without compromising user experience.

idOS raised $4.5M in a  funding round from Fabric Ventures*, Arbitrum Foundation, Circle Ventures, Ripple, Near Foundation, Gnosis DAO, Tezos Foundation, Aleph Zero, Radix.

idOS is a decentralized, chain-agnostic identity layer for Web3, enabling users to manage their data with self-sovereignty. The platform comprises a dStorage network of nodes that host user-encrypted data and an access management protocol allowing users to grant or revoke access to third parties. idOS supports multiple identity frameworks, ensuring interoperability and compliance. By facilitating a user-owned internet, idOS enhances privacy, security, and control over personal data in the decentralized ecosystem.

Idle raised $2.4M in a Strategic  funding round from RockawayX*, Quantstamp, Fasanara Capital, gumi Cryptos Capital (gCC), ConsenSys, THE LAO, Dialectic, BlockRock Capital, GreenField One, LongHash Ventures, Jack Herrick, Josh Hannah, Qiao Wang, Imran Khan.

Idle Finance is a decentralized protocol offering automated yield optimization for users’ crypto assets. It integrates multiple DeFi yield sources into a single platform, allowing users to earn the best risk-adjusted returns without manually moving funds between protocols. Idle’s governance is fully decentralized, with a community-driven approach to protocol upgrades and improvements. The platform ensures security through comprehensive audits and a bug bounty program, providing a robust and secure environment for maximizing DeFi yields.

Term Finance raised $5.5M in a Strategic  funding round from Electric Capital*, Maelstrom, Ava Labs, Blizzard, Inception Capital (ex OP Crypto), Delta Blockchain Fund, Arete Capital, Danish Chaudhry, Steve Lee, DeFiDad.

Term Finance is a decentralized lending protocol that utilizes a unique auction model to support scalable fixed-rate/fixed-term lending, a first in DeFi. It brings borrowers and lenders together in a fair and transparent auction process to determine a single market clearing rate that all participants will pay or receive, whether large or small.

VALDI raised undisclosed amount in a M&A  funding round from Storj.

Valdi.ai offers affordable and reliable GPU cloud services tailored for AI and machine learning workloads. The platform provides high-performance GPUs optimized for deep learning, data processing, and scientific computing, ensuring scalability and cost-efficiency. Valdi.ai aims to democratize access to powerful computing resources, enabling startups, researchers, and enterprises to accelerate their AI projects without the high costs associated with traditional GPU providers. With user-friendly interfaces and robust support, Valdi.ai simplifies the deployment and management of complex AI applications.

Stillman digital raised undisclosed amount in a M&A  funding round from DeFi Technologies.

Stillman Digital is a global technology and digital asset liquidity provider, offering advanced trading, settlement, and technology solutions for institutional clients. With operations in the US, Canada, and Bermuda, Stillman Digital provides 24/7 deep liquidity, automated trading, and secure asset custody. The platform supports a wide range of services including custom liquidity profiles, algorithmic trading, and self-custody solutions, ensuring seamless and efficient trade execution. Stillman Digital aims to enhance the digital asset market with transparent pricing, high-speed settlement, and comprehensive security measures.

BOB (Build on Bitcoin) raised $1.6M in a Strategic  funding round from Ledger*.

BOB (Build on Bitcoin) is a groundbreaking Layer 2 solution with full EVM compatibility and native Bitcoin support. It's designed to empower development and innovation on Bitcoin, leveraging the Ethereum Virtual Machine for smart contract execution. This facilitates a seamless bridge between Bitcoin and Ethereum ecosystems, offering rollup functionality secured by Bitcoin's robust security. BOB's ecosystem is tailored for DeFi applications and various Bitcoin use cases, aiming to connect Ethereum users, apps, and exchanges with a single click.

XOXNO Network raised $875K in a Public sale  funding round from .

XOXNO is an NFT marketplace on the MultiversX network, known for its robust digital asset platform. It has achieved significant milestones, including winning the first xDay hackathon grand prize, raising $30M for creators through its launchpad, and onboarding over 125,000 users. XOXNO aims to bridge the gap between Web2 and Web3 by making blockchain technology accessible to mainstream users, enhancing various real-world applications with NFTs, and implementing a revenue-sharing system to benefit token holders.

Dora raised $5.5M in a  funding round from Dragonfly Capital*, Lemniscap*, Robot Ventures, Ethereal Ventures, Maven 11 Capital, Anagram, Galileo, Alchemy Ventures, gmjp (good morning japan), Dialectic, Marin Digital Ventures, Tarun Chitra, Zaki Manian, Layne Haber, Eden Au, Scott Sunarto, Gavin Birch.

On Dora is a blockchain-based search engine and explorer for decentralized finance (DeFi) transactions. It offers real-time data on transfers, swaps, and mints across multiple blockchain networks, providing a comprehensive view of on-chain activities. The platform supports a wide array of networks, including Ethereum, Gnosis, and Celo, among others. On Dora aims to enhance transparency and accessibility in the DeFi space by allowing users to search and track blockchain transactions effortlessly.

Questflow raised $1.5M in a Angel  funding round from MiraclePlus*, PAKA.

Questflow is a decentralized autonomous AI agent network that empowers users to automate workflows and enhance productivity using advanced artificial intelligence. The platform enables the creation, management, and deployment of AI agents that can execute complex tasks across various applications and services. By integrating AI with decentralized technologies, Questflow provides a scalable, secure, and efficient solution for automating business processes, reducing manual effort, and increasing operational efficiency. The platform aims to revolutionize the way organizations leverage AI for workflow automation.

SPOT Protocol raised $1M in a Strategic  funding round from Coinbase Ventures.

Spot Cash offers a decentralized financial system with a unique flatcoin, SPOT, designed for low volatility and inflation resistance. SPOT uses AMPL as its underlying collateral, reorganizing its volatility into stable (SPOT) and high volatility (stAMPL) derivatives. This innovative approach ensures durability, scalability, and decentralization without relying on centralized collateral. SPOT is redeemable for value adjusted by the Consumer Price Index (CPI), making it a stable and secure asset for long-term holding and transactions.

Sumer.Money raised $2M in a Strategic  funding round from Pantera Capital, Ant Capital (a&t), Sanctor Capital, Blockwall, ROK Capital, Waterdrip Capital, Kernel Ventures, AngelDAO, Sandeep Nailwal.

Sumer Money is a DeFi platform focused on maximizing capital efficiency through its innovative risk engine. Users can deposit assets like liquid staked ETH, which then continue to earn rewards. Sumer allows the minting of suTokens (such as suETH and suUSD) that can be traded or yield-farmed across various blockchains. The platform ensures maximum security by keeping assets on their native chains while providing enhanced performance through its high-performance EVM chain, Supernova. Sumer aims to revolutionize liquidity infrastructure with its decentralized, efficient, and secure solutions.

* fund, that lead investment round