Crypto Fundraising weekly
Dates: 07 – 13, Nov 2022

This week's biggest funding round

Ramp Network raised $70M in a Series B funding round from Mubadala Capital, Korelya Capital, Balderton Capital.

Ramp is a crypto payments firm. It's core product is a software development kit for on- and off-ramp payment features where users can buy cryptocurrencies via debit and credit cards, bank transfers and Apple Pay.

Pre-seed and Seed investment rounds

Ping raised $15M in a Seed funding round from Y Combinator, Race Capital, BlockTower Capital, DHVC (Danhua Capital), Signum Capital, Goat Capital.

Ping is the global neo-bank for contractors and freelancers that enables users to have access to a personal Dollar account in the US, a crypto account, and generate invoices to get paid.

Buildspace raised $10M in a Seed funding round from Andreessen Horowitz (a16z crypto)*, Weekend Fund, Y Combinator, Vayner Fund, Shrug Capital, Protocol Labs, Balaji Srinivasan, Orange DAO, Solana Ventures, OpenSea, Alchemy Ventures, Dreamers VC, Kevin Lin, eFounders, Earl Grey Capital.

Buildspace is the world’s largest network of web3 builders that enables developers to build their own web3 projects, earn NFTs, and get access to work opportunities in crypto.

Notifi raised $10M in a Seed funding round from Hashed, Race Capital, Struck Capital, Hudson River Trading (HRT), Wintermute, Superscrypt, LongHash Ventures, AlphaLab Capital, Protocol Labs, Cherubic Ventures, MetaWeb Ventures, Alumni Ventures (AVG), Goodwater Capital, Quantstamp, East Ventures, Tess Ventures.

Notifi is a communication infrastructure platform for Web3 that supports Solana, NEAR and Ethereum and is expanding to Polygon, Avalanche, Aptos and Sui. Notifi has built a Web3-native solution for blockchain developers that enables both on-chain and off-chain messaging across multiple layer-1 ecosystems.

Fordefi raised $18M in a Seed funding round from Lightspeed, Alameda Research, Jump Capital, Castle Island Ventures, Electric Capital.

Fordefi is the financial technology company developing Institutional MPC wallet & security platform. Fordefi’s first product is a DeFi-focused wallet built for institutional investors and crypto-native funds working with decentralized applications.

Xternity raised $4.5M in a Pre-seed funding round from NFX, Vgames, Flori Ventures.

Xternity is a Web3 Gaming no-code platform that allows publishers to create NFT collections and offers them a customized wallet, as well as a loyalty club. The platform supports multiple blockchains, including Polygon, ImmutableX, Solana, Binance, Celo and Ethereum.

Job Protocol raised $1.5M in a Pre-seed funding round from Tioga Capital Partners*, Portal Ventures, Syndicate One.

Job Protocol is a decentralized recruiting marketplace that enables companies to fill their open roles faster by incentivizing anyone to refer high-quality candidates. Through Job Protocol, companies can publicly post open roles with a referral bounty (also called placement fee) on the blockchain.

House of Boxing raised $4.5M in a Seed funding round from Immutable X, Stake Capital, Play Ventures.

House of Boxing is a platform for the Combat Sport, powered by NFTs. Developed by Web3 gaming company Eterlast.

Other investment rounds

Beosin raised $20M in a Strategic  funding round from .

Beosin is a leading blockchain security service provider offering smart contract security audits, blockchain project risk monitoring, alerting, blocking, stolen digital assets recovery, Know Your Transaction (KYT)/Anti-Money Laundering (AML) and other one-stop security solutions, products and services.

TRM Labs raised $70M in a Series B  funding round from Thoma Bravo*, Goldman Sachs, PayPal Ventures, Americen Express Ventures (Amex), Citi.

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.

Sepana raised $10M in a  funding round from Hack VC, Protocol Labs, Lattice Fund, Balaji Srinivasan.

Sepana is a decentralized search startup that seeks to make web3 content such as DAOs and NFTs more discoverable through its search tooling. One way it's doing this is via a forthcoming web3 search API that aims to enable any DApp to integrate with its search infrastructure.

Archax raised $28.5M in a Series A  funding round from abrdn plc, Blockchain Coinvestors, SGH Capital, Tezos.

Archax is the FCA regulated digital asset exchange, brokerage and custodian based in London.

Coinmetro raised $7M in a  funding round from .

Coinmetro is an EU-licensed crypto platform hat holds active registrations with regulators in the USA and Australia, offering fiat-crypto-fiat exchange services, crypto margin trading, copy trading, a digital securities marketplace, simple crypto swaps, crypto staking, and other forms of passive income.

* fund, that lead investment round