Crypto Fundraising weekly
Dates: 10 – 16, Aug 2020

Summary

During this week 14 blockchain startups has raised $25.5M in funding:

Seed round: 6 startups $14.7M
Unknown round: 2 startups $5M
Public sale round: 1 startup $3M
Strategic round: 3 startups $2.2M
Pre-seed round: (1 startup) $650K
Series A round: (1 startup) undisclosed amount

$4.9M

$9.8M

$14.7M

Investments by ecosystem

This week's biggest funding round

WISeKey raised $5M in a funding round from Crede CapitalGroup*.

Pre-seed and Seed investment rounds

AKRU raised $650K in a Pre-seed funding round from .

Sifchain raised $3.5M in a Seed funding round from Bitscale Capital, Kenetic, NGC Ventures (NEO Global Capital), AU21 Capital, Kosmos Ventures, George Burke, Alameda Research.

Merico raised $4.1M in a Seed funding round from GGV Capital*, Polychain Capital, Legend Star.

mStable raised undisclosed amount in a Seed funding round from DeFiance Capital, Digital Asset Capital Management (DACM), Apollo Capital, Kain Warwick, Anthony Sassano, Meld Ventures, Zhuoxun Yin, Alameda Research, Three Arrows Capital.

1inch Network raised $2.8M in a Seed funding round from Binance Labs Fund*, Dragonfly Capital, Galaxy Digital, IOSG Ventures, Divergence, Greenfield Capital, Illia Polosukhin, Libertus Capital, LAUNCHub Ventures, FTX Ventures, Loi Luu.

1inch is a decentralized exchange aggregator and liquidity protocol to help users discover the best trade prices for tokens.

Live Undiscovered Music (LUM) raised $3M in a Seed funding round from .

GARI Network raised $1.3M in a Seed funding round from Village Global, LogX Ventures, iSeed Ventures, AngelList.

Gari is Empowering Short Video Content Creators With Social Tokens.

Other investment rounds

MANTRA raised undisclosed amount in a funding round from Genblock Capital, Kenetic, LD Capital, Vendetta Capital, CSP DAO, Fairum Ventures, Moonrock Capital, Plutus VC, DeltaHub Capital, Master Ventures, Waterdrip Capital, Sky Ventures.

MANTRA is a Middle East-focused project securing licensures from Dubai's crypto regulator VARA, targeting the crypto-native community. It aims to fill a gap in the Cosmos ecosystem by creating a chain of regulated digital assets for users valuing regulatory compliance. Built on Cosmos SDK and Tendermint consensus, MANTRA offers a permissionless blockchain for developing Web3 applications in a regulated and compliant environment.

The Sandbox raised $3M in a Public sale funding round from .

The Sandbox is a virtual system where players can grow, own, and monetize their gaming experiences in the Ethereum blockchain using token SAND

Vatom Inc. raised undisclosed amount in a Series A funding round from The Raine Group, Galaxy Interactive.

Vatom is an enterprise-ready Web3 engagement solution, providing companies with tools to enhance connections with customers, employees, and stakeholders. With a mission to facilitate easy engagement in the emerging Web3, Vatom aims to unlock creative and financial opportunities for both companies and individuals globally.