Crypto Fundraising weekly
Dates: 10 – 16, Oct 2022

This week's biggest funding round

Uniswap raised $165M in a Series B funding round from Polychain Capital, Andreessen Horowitz (a16z crypto), Paradigm, SV Angel, Variant Fund.

Uniswap is the largest decentralized exchange (or DEX) operating on the Ethereum blockchain.

Pre-seed and Seed investment rounds

Pine Street Labs raised $6M in a Seed funding round from Polychain Capital, Blockchain Capital, Coinbase Ventures, Genesis, CoinList, Figment, Beco Capital.

Secure and scalable enterprise wallet software.

Fabric Systems raised $13M in a Seed funding round from Metaplanet, Blockchain.com (Blockchain Ventures).

Fabric Systems is a crypto hardware technology startup aims build two products – a liquid-cooled bitcoin miner and a computer processor for advanced cryptographic algorithms such as zero-knowledge proofs.

METAV.RS raised $3M in a Seed funding round from Jsquare, Sia Partners, 50 Partners.

METAV.RS created no-code platform that provides brands and agencies with a series of integrated apps, which enable them to, among other things, manage their own virtual worlds, or ‘miniverses’. It facilitates the creation of NFTs and their sale via dedicated websites, e-shops, or marketplaces, and the creation of enriched customer experiences.

Valory raised $4M in a Seed funding round from True Ventures, semantic ventures, PrimeBlock Ventures, ATKA.

Valory is the developer of autonomous software systems.

Gomu raised $5M in a Seed funding round from Coinbase Ventures, DeFiance Capital, Saison Capital.

NFT infrastructure and liquidity enabler. Gomu has launched two products, NFT Hub and Collection.xyz, which make it easier to grow NFT communities.

Crypto Mortgage raised $3.5M in a Seed funding round from CoinFund, Cadenza.

Crypto Mortgage is a lending product of a crypto lending platform Moon Mortgage. The platform will allow investors to use their crypto as collateral for financing real estate investments.

Tribo raised $1.2M in a Pre-seed funding round from Play Ventures, Sisu Game Ventures, Joakim Achren.

A mobile-first Web3 game studio founded by industry veterans.

Elyzio raised $2M in a Pre-seed funding round from Vgames, Shima Capital, Solana Ventures, Paribu Ventures, Abdelmounaim Derraz.

Elyzio is a gaming Multiverse blending together fun gameplay experiences, social interactions and content creation and ownership.

Smash Stars: Thunderdome raised $2M in a Pre-seed funding round from Play Ventures, Joakim Achren, Equilibrium.

Smash Stars: Thunderdome is a Web3 car combat arcade game developed by Flowstate Games.

Waterfall raised $4M in a Seed funding round from Electric Capital, Pantera Capital.

Waterfall is a digital marketplace for crypto collectibles and non-fungible tokens (NFTs).

Arch Finance raised $5M in a Seed funding round from Digital Currency Group (DCG), Upload Ventures, Genesis Block Ventures Capital (GBV).

Arch is a decentralized finance (DeFi) that tries to achieve the lofty goal of becoming the "BlackRock of web3".

Other investment rounds

Homa raised $100M in a Series B  funding round from Headline, Northzone, Fabric Ventures.

Homa Games is a mobile games platform and publisher. Homa develops technologies to empower game developers across the world, increasing efficiency through every step of the app production and publishing cycle.

FANtium raised $2M in a  funding round from Lucas von Cranach, Dominic Thiem, Brian O’Hagan, Itamar Lesuisse, Anand Agarawala, Sebastian Borget.

FANtium democratizes athlete funding, allowing fans to invest in them and participate in their future financial success. In addition, they become part of the close-knit community of athletes and gain access to other unique benefits.

Muus Collective raised $5M in a  funding round from Griffin Gaming Partners.

Muus Collective™ is an entertainment studio creating community-driven, fashion-centric experiences that span mobile games and digital collectibles. Anticipating a launch next year, Muus Collective is developing its inaugural web3-enabled mobile game that empowers players to find inspiration, create and earn.

Pillow raised $18.1M in a Series A  funding round from Accel*, Quona Capital*, Elevation Capital*, Jump Capital.

Pillow is a consumer-focused DeFi app available on iOS and Android.

Otterspace raised $3.7M in a  funding round from Cherry Ventures, Inflection, Bessemer Venture Partners, Coinbase Ventures.

Otterspace is NFT startup which non-transferable badge protocol helps DAOs create better incentive systems, automate permissions and enable non-financialized governance.

MetaStreet raised $10M in a  funding round from Dragonfly Capital, Nascent, FinTech Collective, Digital Currency Group (DCG), THE LAO, Focus Labs, Mirana Ventures, OpenSea, LedgerPrime.

MetaStreet is the decentralized interest rate protocol for the Metaverse, built to autonomously grow the GDP of emerging virtual economies.

Zash raised undisclosed amount in a Strategic  funding round from Binance*.

Zash is a platform that provides an NFT API for developers to access clean, quality-controlled NFT trade and mint datasets from various blockchains, including Ethereum, Solana, BNB Chain, and Polygon. The platform also offers curated datasets, automated data checks, and superior algorithms to launch NFT products with trust.

Zash raised undisclosed amount in a Strategic  funding round from Nexo*.

Zash is a platform that provides an NFT API for developers to access clean, quality-controlled NFT trade and mint datasets from various blockchains, including Ethereum, Solana, BNB Chain, and Polygon. The platform also offers curated datasets, automated data checks, and superior algorithms to launch NFT products with trust.

SettleMint raised $16M in a Series A  funding round from Molten Ventures (ex Draper Esprit), OTB Ventures, Fujitsu.

SettleMint is a low-code blockchain platform that allows developers with scant knowledge of blockchain to build web3 applications. This platform includes a suite of tools, frameworks, templates and APIs that are ready to use for developer teams.

nxyz raised $40M in a Series A  funding round from Paradigm, Coinbase Ventures, Greylock, Sequoia Capital.

nxyz is a multi-chain indexing product suite that exposes real-time blockchain data through low-latency APIs.

Zerion raised $12.3M in a Series B  funding round from Wintermute, Mosaic Ventures, Coinbase Ventures, Alchemy Ventures, Placeholder.

Zerion is a decentralized finance platform that allows technical and non-technical users to acquire, track and manage DeFi assets.

Tatum raised $41.5M in a  funding round from Evolution Equity Partners, Octopus Ventures, LeadBlock Partners.

Tatum is a blockchain developer platform. It offers products such as NFT plug-ins for Wordpress, software development kits for over 40 protocols and an API that enables speedy NFT minting across eight blockchains.

Sovryn raised $5.4M in a  funding round from General Catalyst, Collider Ventures, Bering Waters Ventures, Bollinger Investment Group, Balaji Srinivasan.

Sovryn is a non-custodial and permissionless smart contract-based system for Bitcoin lending, borrowing and margin trading.

Magic Square raised $1M in a  funding round from Crypto.com Capital, Huobi Ventures, Gate.io Labs.

Magic Square is a Web3 app store that provides a streamlined and secure environment for users to discover and access a wide range of decentralized applications, including dApps, CeDeFi, NFTs, and games. With its integrated DAO mechanism and user-centric features like Magic Spaces and Magic Boost, Magic Square aims to foster community-driven app discovery, ensure quality control, and offer a seamless experience for both developers and users in the Web3 ecosystem.

Rye raised $14M in a  funding round from Andreessen Horowitz (a16z crypto), The Cultural Leadership Fund (CLF), Solana Ventures, Goat Capital, L Catterton.

Rye is a new e-commerce application programming interface (API) that lets merchants, stores and customers transact openly and with minimal fees. Rye plans for the API to eventually be fully decentralized on the Solana blockchain.

AshSwap raised $2.5M in a  funding round from Elrond*, Morningstar Ventures, Istari Vision, Spark Digital Capital, SL2 Capital, Swissborg Ventures, Qredo, Skynet EGLD Capital.

AshSwap is the first stable-swap DEX built on the Elrond blockchain that allows users to trade stable assets with high volume and small slippage.

* fund, that lead investment round