Crypto Fundraising weekly
Dates: 12 – 18, Sep 2022

This week's biggest funding round

Doodles raised $54M in a funding round from Seven Seven Six Ventures, Acrew Capital, FTX Ventures, 10T Holdings.

A community-driven collectibles project featuring art by Burnt Toast. Doodles come in a joyful range of colors, traits and sizes with a collection size of 10,000. Each Doodle allows its owner to vote for experiences and activations paid for by the Doodles Community Treasury.

Pre-seed and Seed investment rounds

Arpeggi Labs raised $5.1M in a Seed funding round from Andreessen Horowitz (a16z crypto), 1confirmation, PTC Crypto (Palm Tree Crew), WndrCo Ventures, Justin “3LAU” Blau, Paul Veradittakit.

Arpeggi is open-source music creation startup.

Magna raised $15M in a Seed funding round from Tiger Global, Tusk Venture Partners, Shima Capital, Circle Ventures, Solana Ventures, Polygon Ventures, Avalanche.

Magna is a token management platform building token distribution software that makes it easier for protocols, decentralized autonomous organizations (DAO) and crypto funds to send and receive tokens.

Synquote raised $2.8M in a Seed funding round from Initialized Capital, Coinbase Ventures, CMT Digital, Polygon Ventures.

Synquote is a self-styled decentralized exchange (DEX), plans to support the buying and selling of options in over 500 generally illiquid instruments atop layer2 Polygon, Avalanche and BNB Chain. It unlocks the liquidity by letting traders source options quotes directly from market makers – a first in decentralized finance.

Sherlock raised $4M in a Seed funding round from Archetype, The Spartan Group, Lattice Fund, CoinFund.

Sherlock is a smart contract auditing platform.

Infinity Exchange raised $4.2M in a Seed funding round from GSR Markets LTD, SIG DTI (a Susquehanna International Group Company), Coin Merge Strategy (CMS), C² Ventures, Flow Traders, Mentha Partners.

Infinity Exchange is a decentralized finance protocol that provides institutional grade capital efficiency for traders, yield farmers and global fixed income investors.

Goldsky raised $20M in a Seed funding round from Felicis Ventures, Dragonfly Capital, Elad Gil, Uniswap Labs Ventures, Protocol Labs.

Goldsky is a crypto data infrastructure platform.

Mailchain raised $4.6M in a Seed funding round from Kenetic, Eterna Capital.

Mailchain is a London UK-based provider of a multi-wallet Web3 email platform.

Skyborne Legacy raised $25M in a Seed funding round from Pantera Capital, Animoca Brands, Polygon Ventures, Dapper Labs, Kenetic, DWeb3 Capital.

Skyborne Legacy is a Social World Exploration and Trading RPG by Revolving Games.

Sender raised $4.5M in a Seed funding round from Pantera Capital, Crypto.com Capital, Jump Capital, Amber Group, Woo, SevenX Ventures, Smrti Lab, D1 Ventures, Puzzle Ventures, Shima Capital, Eniac Ventures, GFS Ventures.

Sender is a browser extension wallet built on NEAR.

Other investment rounds

RELICS raised $1.1M in a  funding round from Coop Records, PTC Crypto (Palm Tree Crew), LongHash Ventures.

RELICS are dynamic Music NFTs that upgrade based on a song's performance. RELICS are audiovisual ERC-721 digital collectibles, composed of full-length songs and animations that can be utilized in the Metaverse.

Portofino Technologies raised $50M in a  funding round from Valar Ventures, Global Founders Capital (GFC), Coatue.

Portofino Technologies is crypto market maker building financial infrastructure technology to power digital asset adoption.

Diamond Standard raised $30M in a Series A  funding round from Left Lane Capital, Horizon Kinetics, Republic.

Diamond Standard is a startup that tokenizes diamonds. The company’s aim is to position diamonds as an investable asset to complement exposure to shares, index funds and cryptocurrencies such as bitcoin.

Ownera raised $20M in a Series A  funding round from J.P. Morgan Asset Management*, LRC Group*, Accomplice Blockchain, Polymorphic Capital.

Ownera is Blockchain Infrastructure Startup that delivers an extensive interoperability trading network for tokenized assets. Ownera’s objective is to create a global unified inter-trading pipeline for digital securities, efficiently connecting siloed tokenization platforms and trading interfaces.

* fund, that lead investment round