Crypto Fundraising weekly
Dates: 09 – 15, Nov 2020

Summary

During this week 3 blockchain startups has raised $8.8M in funding:

Strategic round: 2 startups $5M
Seed round: 1 startup $3.8M

$1.7M

$3.3M

$5M

Investments by ecosystem

This week's biggest funding round

Blocknative raised $5M in a Strategic funding round from Blockchain Capital*, Coinbase Ventures, IDEO CoLab Ventures, Foundry Group.

Blocknative provides a global real-time web3 data platform, leveraged by builders and traders as a rich framework to access what's happening in web3 transactions right now.

Pre-seed and Seed investment rounds

Axelar Network raised $3.8M in a Seed funding round from North Island Ventures (NIV), Lemniscap, Divergence, Data Collective DCVC, Cygni Capital, Collaborative Fund, Coinbase Ventures, Binance Labs Fund.

Axelar is the universal overlay network, securely connecting blockchain ecosystems, applications, assets and users to deliver Web3 interoperability.

Other investment rounds

Balancer raised undisclosed amount in a Strategic funding round from Pantera Capital, Alameda Research.

Balancer Protocol allows users to trade tokens, create liquidity pools, and invest in existing pools while earning yields from trades.

* fund, that lead investment round

Crypto Fundraising weeklyDates: 09 – 15, Nov 2020