Crypto Fundraising weekly
Dates: 08 – 14, Nov 2021

Summary

During this week 18 blockchain startups has raised $1B in funding:

Series B round: 2 startups $775M
Seed round: (8 startups) $79.6M
Unknown round: (5 startups) $49.1M
Series A round: (3 startups) $47.5M

$258.3M

$516.7M

$775M

Investments by ecosystem

This week's biggest funding round

Forte raised $725M in a Series B funding round from The Sea Capital, Kora Management LP, Animoca Brands, Big Bets (Huuuge Games), Overwolf, Playstudios, Warner Music Group, Razer, Cosmos, Polygon Studios, Solana Ventures, Griffin Gaming Partners, Andreessen Horowitz (a16z crypto), Tiger Global.

Forte is an end-to-end solution for token-based game economies and NFTs that benefits the community.

Pre-seed and Seed investment rounds

Zebec raised $6M in a Seed funding round from Republic Capital (ex Republic Labs), Shima Capital, Breyer Capital, Liberty City Ventures, Resolute Ventures, Launchpad VC, Infinity Ventures Crypto (IVC), Cadenza, Hack VC, Backed, Finality Capital.

Revolutionary DeFi technology that empowers real-time, frictionless and continuous streams of payments. Zebec aims to transform payroll, token vesting and subscription.

Subsquid raised $3.8M in a Seed funding round from Hypersphere, Zee Prime Capital, Illusionist Group, Zeitgeist, Chainflip, Astar Network, Digital Finance Group (DFG), 0x Ventures, Faculty Capital, Dia Data.

Subsquid is the blockchain world's data backbone, providing a framework for robust, natively multichain APIs and analytics on 33 networks (and counting).

GuildFi raised $6M in a Seed funding round from DeFiance Capital, Hashed, Play Ventures, Pantera Capital, Coinbase Ventures, Alameda Research, Animoca Brands, Dapper Labs, Arche Fund (Coin98 Ventures), SkyVision Capital.

GuildFi is the interconnected ecosystem of games, communities, and NFT assets.

OP3N raised $10M in a Seed funding round from Galaxy Interactive*, Goodwater Capital, Soma Capital, 500 Startups (500 Global), Warner Music Group, Axie Infinity, Justin Kan, Sebastian Borget.

OP3N is a web3 AI-powered platform that acts as a super app, integrating all aspects of NFTs from creation to minting to community building. The platform allows artists and creators to offer fans new ways to engage through NFT-gated experiences that fans can buy at different price points.

Neon raised $40M in a Seed funding round from Jump Capital*, Solana Ventures, Three Arrows Capital, IDEO CoLab Ventures, The Spartan Group, Ethereal Ventures, Rockaway Blockchain Fund (RBF).

Neon EVM is an Ethereum virtual machine on Solana that allows dApp developers to use Ethereum tooling to scale and get access to liquidity on Solana. Developed by Neon Labs.

Pulsr raised $2M in a Seed funding round from The Spartan Group, Sequoia Capital, Tribe Capital, Anthony Pompliano, Mason Borda.

Pulsr is a social platform for NFTs that prioritizes visual exploration and price discovery.

Jet Protocol raised $6.8M in a Seed funding round from Paradigm, Reciprocal Ventures, GSR Markets LTD, Three Arrows Capital, AscendEX, Republic Capital (ex Republic Labs), SkyVision Capital, TPS Capital, Solana Ventures.

Jet Protocol is a decentralized borrowing and lending protocol built for speed, power, and scalability on Solana.

Meow raised $5M in a Seed funding round from Coinbase Ventures, Gemini Frontier Fund, Jump Capital, Slow Ventures, Castle Island Ventures, Lux Capital.

Meow is the compliant crypto yield offering for corporate treasuries.

Other investment rounds

ALL.ART raised $4.5M in a funding round from Delphi Digital, Solidity Ventures, Solana Ventures, HTX Ventures (ex Huobi Ventures), Solar Eco Fund, SkyVision Capital, NGC Ventures (NEO Global Capital), GSR Markets LTD, Banter Capital, SMO Capital, Solanuim, Spark Capital.

All-Art Protocol is a standard for NFT AMM Liquidity Pools and NFTs.

Neon Machine (Shrapnel) raised $10.5M in a funding round from Griffin Gaming Partners*, Polychain Capital, Forte Ventures.

Neon Machine is a game studio based in Seattle known for developing the upcoming first-person shooter game, Shrapnel. Shrapnel is a sci-fi extraction shooter featuring in-game content, such as weapon parts, weapons, and cosmetics, offered as NFTs on its private crypto network built on Avalanche, providing both solo and team-based gameplay. It places a significant focus on user-generated content, enabling players to create their own game items using Shrapnel's technology, which can then be minted as NFTs.

Saddle Finance raised $7.5M in a Series A funding round from Polychain Capital*, Electric Capital*, Nascent, Galxe (ex Project Galaxy).

Saddle is an automated market maker optimized for trading between pegged value crypto assets.

Agoric raised $32M in a funding round from Placeholder, NGC Ventures (NEO Global Capital), The Spartan Group, Compound, Acrew Capital, Figment, Chorus One, Polychain Capital, Naval Ravikant.

Agoric is a proof-of-stake chain utilizing JavaScript smart contracts to rapidly build and deploy decentralized applications.

MixMob raised undisclosed amount in a funding round from Solana Ventures, DeFiance Capital, QCP Capital, Merit Circle, Alex Svanevik.

P2E game Metaverse powered by Solana.

iZUMi Finance raised $2.1M in a funding round from Mirana Ventures*, Everest Ventures Group (EVG), Youbi Capital, LucidBlue Ventures, Puzzle Ventures, Wolfedge Capital, Adaptive Lab, Nothing Research, Tess Ventures.

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.