Crypto Fundraising weekly
Dates: 11 – 17, Nov 2019

Summary

During this week 3 blockchain startups has raised $15.8M in funding:

Series A round: 1 startup $10M
Unknown round: 1 startup $4M
Seed round: 1 startup $1.8M

$3.3M

$6.7M

$10M

Investments by ecosystem

This week's biggest funding round

Compound raised $10M in a Series A funding round from Andreessen Horowitz (a16z crypto), Polychain Capital, Paradigm, Bain Capital Ventures (BCV).

Compound is a decentralized software protocol running on the Ethereum network. Its native ERC-20 token, COMP, is designed to incentivize a distributed network of computers tasked with operating a fully decentralized version of a traditional financial/banking market.

Pre-seed and Seed investment rounds

Bitski raised $1.8M in a Seed funding round from Galaxy Digital, Winklevoss Capital, SV Angel, Kindred Ventures, Coinbase Ventures, Animoca Brands.

Bitski is the NFT and digital collectible wallet.

Other investment rounds

Messari raised $4M in a funding round from Uncork Capital*.

Messari is a cryptocurrency data and analytics firm. It's mission is to promote transparency and smarter decision-making in the cryptoasset community. Their open-source data library helps researchers, investors, and regulators make sense of the industry.

* fund, that lead investment round

Crypto Fundraising weeklyDates: 11 – 17, Nov 2019