Crypto Fundraising weekly
Dates: 12 – 18, Jul 2021

This week's biggest funding round

Sorare raised $532M in a funding round from SoftBank Fund, Atomico.

Sorare is a fantasy football emulator built on NFT cards based on the Ethereum cryptocurrency. It provides digital soccer collectibles in collaboration with big-name teams.

Pre-seed and Seed investment rounds

DinoX raised $1M in a Seed funding round from Metrix Capital, DAO Maker, Magnus Capital, Interchain Ventures, Marshland Capital, Raptor Capital, Peech Capital, Lupa X Capital, x21 Digital, Cinchblock.

DinoX is a combat and strategy game in a sandbox environment.

Seed Club raised $2M in a Seed funding round from Packy McCormick, Stani Kulechov, Nascent, Sfermion, IDEO CoLab Ventures.

Seed Club is a DAO that builds and invests in tokenized communities.

ClayStack raised $5.2M in a Seed funding round from ParaFi Capital*, CoinFund*, The Spartan Group, Coinbase Ventures, Hashed, DeFiance Capital, LedgerPrime, Animoca Brands, Hypersphere, Republic Capital (ex Republic Labs), Solana Foundation, Genblock Capital, Meltem Demirors, Ascensive Assets, THE LAO, Shima Capital, SkyVision Capital, D64 Ventures, Robert Leshner, Raj Gokal, Sandeep Nailwal, Stani Kulechov.

ClayStack is a decentralized liquid staking platform that enables you to unlock the liquidity of staked assets across multiple chains.

Superfluid raised $9M in a Seed funding round from Balaji Srinivasan, Stani Kulechov, Do Kwon, Multicoin Capital, Semantic Ventures, Delphi Digital, DeFiance Capital, MetaCartel Ventures, Fabric Ventures, THE LAO, Alliance DAO (ex DeFi Alliance), Divergence, AngelDAO, StableNode, White Star Capital.

Superfluid is a new token standard, with the power to describe cashflows, and execute them automatically on chain over time in a non-interactive way.

Arcana Network raised $375K in a Seed funding round from Kenetic, AU21 Capital, Arcanum Capital, Balaji Srinivasan, Sandeep Nailwal, Santiago R. Santos, Jaynti Kanani.

Arcana is a user-friendly solution for Web3 applications that offers easy onboarding and secure transaction signing. It includes the Arcana Auth SDK, Developer Dashboard, and wallet UI, allowing users to authenticate via familiar methods and access a non-custodial wallet. With Arcana, developers can integrate quickly, while users enjoy a seamless experience without the need for key management or browser extensions.

Nifty's raised $10M in a Seed funding round from Coinbase Ventures, Dapper Labs, Samsung Next, Topps, Polaroid.

Nifty’s is Mark Cuban-Backed social marketplace for NFT (non-fungible token) crypto collectibles.

Other investment rounds

Hedgehog Markets raised $3.5M in a  funding round from Solana Foundation, Alameda Research.

Hedgehog is a lightning fast prediction market that generates passive yield for LPs while providing users a seamless experience.

Axelar Network raised $25M in a Series A  funding round from Polychain Capital, Robot Ventures, North Island Ventures (NIV), Lemniscap, Galaxy Digital, Dragonfly Capital, Divergence, Cygni Capital, Collab+Currency.

Axelar is the universal overlay network, securely connecting blockchain ecosystems, applications, assets and users to deliver Web3 interoperability.

Blocknative raised $12M in a Series A  funding round from Foundry Group, Blockchain Capital, Robot Ventures, Altonomy, Kain Warwick, Stani Kulechov, Robert Leshner.

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.

ParaState raised $5.5M in a Strategic  funding round from HyperChain Capital*, Firstchain Group, OIG Capital (Oracles Investment Group), DCI capital (Dutch Crypto Investors), Moonboots Capital, CSP DAO, Maven Capital, GD10 Ventures, Parsiq, Playcent, Llama ventures, Kenetic, Moonwhale Ventures, Master Ventures, Taureon, Chronos Ventures, Titans Ventures.

ParaState is a Polkadot parachain that extends the frontier of Ethereum with Substrate framework.

Phantom raised $9M in a Series A  funding round from Andreessen Horowitz (a16z crypto), Variant Fund, Jump Capital, Alliance DAO (ex DeFi Alliance), Solana Foundation, Robert Leshner.

Phantom is a crypto wallet that makes it safe & easy to store, buy, send, receive, swap tokens and collect NFTs on the Solana blockchain.

CertiK raised $37M in a Series B  funding round from Coatue, Shunwei Capital, Coinbase Ventures.

Certik is a cross-chain protocol with security scoring and decentralized reimbursements for building secure dApps and blockchains.

Clipper raised $21M in a  funding round from Polychain Capital*, 0x Labs, Alliance DAO (ex DeFi Alliance), MetaCartel Ventures, 1inch, Quantstamp, Nascent, Three Arrows Capital.

Clipper is the decentralized exchange (DEX) built to give the self-made crypto trader the best possible prices on small trades (< $10k).

Connext raised $12M in a  funding round from 1kx*, Consensys Mesh*, Coinbase Ventures, OKX Ventures (ex OKEx Blockdream Ventures), eGirl Capital, Hashed, Ethereal Ventures, MetaCartel Ventures, Scalar Capital, Sandeep Nailwal.

Connext is an interoperability protocol that enables fast, non-storage-related asset transfers between blockchains and contract work between EVM-compliant blockchains.

BIT Mining (BTCM) raised $50M in a  funding round from .

BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, and data center operation. The Company owns the world's top blockchain browser BTC.com and the comprehensive mining pool business operated under BTC.com, providing multi-currency mining services including BTC, ETC and LTC.

Omm raised undisclosed amount in a Strategic  funding round from Hashed, Coin Merge Strategy (CMS), FBG Capital, Band Protocol, Synthetix.

Omm launched decentralised money market on the ICON blockchain. Omm allows anyone to lend or borrow digital assets and earn interest, and includes Bridge as a sign-in option and fiat on/off ramp.

Gala Games raised undisclosed amount in a  funding round from Binance.

Gala Games, a blockchain gaming company founded by Zynga Inc. co-founder Eric Schiermeyer, is building a platform to allow players to own any in-game items and non-fungible tokens, or NFTs, that they buy or earn, in a decentralized ecosystem that also gives them a voice in game development.

OpenOcean raised $250K in a Public sale  funding round from .

OpenOcean is a DEX aggregator.

* fund, that lead investment round