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Crypto Fundraising weekly
Dates: 11 – 17, Jan 2021

Summary

During this week 3 blockchain startups has raised $116.5M in funding:

Unknown round: 1 startup $100M
Series A round: 1 startup $15M
Seed round: (1 startup) $1.5M

0

$33.3M

$66.7M

$100M

Investments by ecosystem

This week's biggest funding round

Figure raised $100M in a funding round from J.P. Morgan Asset Management*.

Figure is a blockchain technology startup that offers loan origination, equity management, and payments services using the Provenance Blockchain. It is considered a unicorn company globally and aims to transform the financial services industry by bringing speed, efficiency, and savings to both consumers and institutions.

Pre-seed and Seed investment rounds

Biconomy raised $1.5M in a Seed funding round from Eden Block*, Fenbushi Capital, Binance, Digital Asset Capital Management (DACM), Outlier Ventures, Zee Prime Capital, Woodstock, MiH Ventures.

Biconomy provides plug-n-play APIs to improve the usability and accessibility of web3.0. Account Abstraction infrastructure provider.

Other investment rounds

CoinSwitch Kuber raised $15M in a Series A funding round from Ribbit Capital*, Paradigm*, Sequoia Capital.

CoinSwitch Kuber is Indian cryptocurrency exchange platform allowing its users to buy and sell cryptocurrencies.

* fund, that lead investment round

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