Crypto Fundraising weekly
Dates: 12 – 18, Dec 2022

This week's biggest funding round

Amber Group raised $300M in a Series C funding round from Fenbushi Capital*.

Amber Group is the Singapore-headquartered liquidity provider, offering clients services that include algorithmic execution, electronic and OTC market-making derivatives, structured products, and advisory services.

Pre-seed and Seed investment rounds

Utorg raised $5M in a Seed funding round from Dragonfly Capital*, TA Ventures, Hypra fund.

Utorg is a fiat-to-crypto exchange platform. The company is EU-based and holds a license for providing a virtual currency service, in particular exchanging a virtual currency against a fiat currency, virtual currency wallet service, exchanging a virtual currency against a virtual currency.

Onlybots raised $3M in a Seed funding round from Polygon Studios*, Not Boring Capital*, HashKey Group.

Onlybots is a collection of digital pets consumers are able to buy and sell to each other — although Onlybots appears to be breaking new ground with the addition of AR. Created by Anima.

Decent raised $3.5M in a Seed funding round from Archetype*, Y Combinator, Circle Ventures, PTC Crypto (Palm Tree Crew), Soma Capital, CoinList, AngelDAO, Orange DAO.

Decent is an ​​NFT infrastructure protocol that enables the artists of every industry to build on-chain through open tools to own and monetize the work they produce via web3 applications.

Bonfire raised $6.2M in a Seed funding round from Coinbase Ventures, Variant Fund, Libertus Capital, Not Boring Capital, Collab+Currency, NEA, Pear VC, Seed Club Ventures, PTC Crypto (Palm Tree Crew).

Bonfire is no-code platform for creating tools to help creators build Web3-integrated custom-branded sites for their community, integrated natively with their digital assets and content. Through Bonfire, any piece of content is “token gate-able,” and creators can engage their fans through NFT drops, contests, exclusive releases, and more.

Frontrunner raised $4.8M in a Seed funding round from SIG DTI (a Susquehanna International Group Company)*, Soma Capital, LedgerPrime.

Frontrunner is the first zero gas fee, decentralized sports prediction market built on blockchain where you get the best odds with no house edge.

Spaceport raised $3.6M in a Pre-seed funding round from Arca Fund*, Decasonic*, CRIT Ventures*, com2us, Infinity Ventures Crypto (IVC), FBG Capital.

Spaceport is a web3 intellectual property protocol designed to help creators, brands and agencies monetize their intellectual property.

Dogami raised $7M in a Seed funding round from XAnge VC*, Bpifrance, Blockchain Founders Fund.

Dogamí is a play-to-earn, metaverse-ready, virtual companion.

Finterest raised $1.5M in a Seed funding round from Polychain Capital*, 9Yards Capital.

Finterest is the first crypto lending protocol available on the Internet Computer (ICP) built to support native Bitcoin borrowing and lending. Finterest’s bridge-free approach to crypto lending enables users to borrow and lend native Bitcoin, ICP, and Stablecoins with ease.

Astrolab raised $500K in a Pre-seed funding round from Apollo Capital, Jane Street, 0x Ventures.

Astrolab Finance is an omni-chain yield aggregator allowing users to deposit assets in pools located on multiple chains with just one click. Bridging, routing and compounding is done automatically. Astrolab lets users allocate their capital both safely and efficiently in a challenging multi-chain DeFi environment.

MetaVersusWorld raised $2M in a Seed funding round from Alphabit, Launchpool, GBIC (Global Blockchain Innovative Capital), Alpha Sigma Capital, FBG Capital.

MetaVersusWorld is a web3 hyper-realistic and interactive, persistent virtual multiverse.

Other investment rounds

The Mars raised $1M in a Strategic  funding round from DWF Labs*.

The Mars is a global metaverse game platform based on the theme of the red planet developed by Mars Labs.

Pine Protocol raised $3M in a  funding round from Amber Group*, Shima Capital, THE LAO, The Spartan Group, Mapleblock Capital.

Pine protocol is a two-sided decentralized non-custodial protocol that facilitates NFT asset-backed loan transactions between lenders and borrowers.

Aztec Network raised $100M in a Series B  funding round from Andreessen Horowitz (a16z crypto)*, A Capital, King River Capital, Variant Fund, SV Angel, Hashkey Capital, Fenbushi Capital, Alumni Ventures (AVG).

Aztec Network is a private ZK-rollup on Ethereum, enabling decentralized applications to access privacy and scale. Aztec’s rollup is secured by its industry-standard PLONK proving mechanism used by the leading zero-knowledge scaling projects.

Blocknative raised $15M in a Series A  funding round from Blockchain Capital*, Foundry Group, IOSG Ventures, Robot Ventures, Fenbushi Capital, Hack VC.

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.

DressX raised undisclosed amount in a Strategic  funding round from Warner Music Group*.

DressX is a fashion startup that offers digital-only collections from brands and 3D designers to wear in their photos and videos on digital platforms. They have delved into web3 by establishing their own NFT marketplace and partnering with Crypto.com. The NFTs sold on their marketplace can be worn digitally in augmented reality via the DressX app or used as skins in metaverse games.

SOOHO.IO raised $4.5M in a Series A  funding round from Woori Technology Investment*.

SOOHO.IO is the Seoul-based company that provides the build-in cross-chain functionality based on secure and regulation-compliant bridge technology.

Breez raised $4.5M in a  funding round from Ego Death Capital*, Entrée Capital*, Hivemind Ventures.

Breez is a full-service, non-custodial Lightning client. Breez includes a Point-of-Sale mode, which transforms the app from a Lightning wallet into a Lightning cash register with the slide of a finger, allowing everyone to become a merchant and accept Lightning payments.

Nillion raised $20M in a  funding round from Distributed Global, AU21 Capital, Big Brain Holdings, Chapter One, HashKey Group, OP Crypto, GSR, SALT fund.

Nillion is a web3 startup aiming to build a non-blockchain decentralized network for securing storage and data computation.

Evertas raised $14M in a Series A  funding round from Polychain Capital, SINO Global Capital, Morgan Creek Capital, CMT Digital, Foundation Capital, Matrixport Ventures, HashKey Group, Balaji Srinivasan.

Evertas is a cryptoasset insurance company. Evertas focuses on covering institutional holders of cryptoassets including exchanges, custodians, traditional financial institutions, funds, family offices, and ultra-high net worth individuals.

* fund, that lead investment round