Crypto Fundraising weekly
Dates: 14 – 20, Jul 2024

This week's biggest funding round

Allium raised $16.5M in a Series A funding round from Theory VC*, Kleiner Perkins, Amplify Partners.

Allium is an enterprise blockchain data platform providing accurate, fast, and simple access to blockchain data across more than 40 blockchains. It offers two primary products: Allium Developer, which empowers engineers to create real-time blockchain applications, and Allium Explorer, which accelerates data exploration with an easy-to-use query interface. Allium supports a wide range of use cases, including accounting, auditing, stablecoins, staking, NFTs, and DEX trading, with a focus on delivering high-quality, secure, and scalable data solutions tailored to business needs.

Pre-seed and Seed investment rounds

JOJO Exchange raised undisclosed amount in a Seed funding round from SevenX Ventures*, Smrti Lab, Shadow Labs, Bitlink, PAKA, Clairvoyant Labs.

JOJO Exchange is the largest decentralized perpetual exchange on Base, offering up to 1000x leverage with zero slippage and low trading fees. Users can trade a variety of assets with multiple collateral options and benefit from a competitive liquidity environment. The platform supports quick and secure login methods, multiple sub-accounts for strategic asset management, and an automated delta-neutral earn product for stable returns.

ZKEX raised $2.5M in a Seed funding round from Fenbushi Capital, KX Ventures (KXVC), RockTree Capital, NGC Ventures (NEO Global Capital), L2 Iterative Ventures (L2IV), Crypto com Capital, IDG Blockchain, WhaleGround, Moonhill Capital, Blocklabs Capital, Optic Capital, Hyperithm, G20 Group.

ZKEX is a decentralized exchange (DEX) that leverages zero-knowledge (ZK) technology to provide secure, private, and scalable trading solutions. It offers users a seamless trading experience with low fees, high throughput, and enhanced privacy. ZKEX supports a wide range of digital assets and aims to ensure the utmost security and transparency in all transactions.

Nirvana Labs raised $4M in a Seed funding round from Castle Island Ventures*, RW3 Ventures*, Hash3, Play Ventures, BitGo, Third Earth.

Nirvana Labs is a Web3 infrastructure provider that empowers developers and companies with high-performance blockchain infrastructure. Utilizing the proprietary Nirvana Cloud platform, it offers cost-effective and reliable access for scalable and efficient dApp development. With a global presence across five continents, Nirvana Labs ensures low-latency, high-reliability, and customizable solutions for developers, providing secure and privacy-focused services to enhance the Web3 experience.

Liquidium raised $2.8M in a Seed funding round from Wise3 Ventures, Portal Ventures, Asymmetric fund, AGE Crypto Asset Investment Fund, NGC Ventures (NEO Global Capital), Coin Merge Strategy (CMS), Newman Capital, dingaling, Beanie.

Liquidium is an ordinal lending platform on the Bitcoin blockchain, enabling peer-to-peer lending secured by digital inscriptions called Ordinals. Users can borrow Bitcoin against their Ordinals as collateral, maintaining ownership without selling. Utilizing Discreet Log Contracts and Partially Signed Bitcoin Transactions, Liquidium operates on Layer-1 Bitcoin, eliminating the need for third-party custodians and revolutionizing decentralized finance.

Truvius raised $3.2M in a Pre-seed funding round from Galaxy Digital*, New Form Capital.

Truvius is a platform dedicated to powering systematic investing for digital assets. It offers quant-driven active and passive crypto investment strategies tailored for individuals, family offices, and institutions. Truvius simplifies institutional-grade digital asset portfolio management, utilizing fundamental-driven investments with advanced quantitative methods at its core. The platform aims to provide thoughtfully constructed and well-researched investment options, making it accessible and efficient for users to engage in the digital asset market.

Oh Gamers raised $3M in a Seed funding round from AXIA8 Ventures.

Oh Gamers is a Web3 gamers community platform. The platform aims to reshape value distribution in the gaming ecosystem by providing player-centric value through expertly curated on-chain gaming opportunities. Oh Gamers is committed to empowering gamers. Upcoming features include Gamer ID, OhGamers Market, and TapDap, enhancing the Web3 gaming experience and ensuring that time spent gaming is both enjoyable and economically beneficial.

Mira raised $9M in a Seed funding round from BITKRAFT Ventures*, Framework Ventures*, Accel, Mechanism Capital, Folius Ventures, MH Ventures, SALT fund, Symbolic Capital (ex Hyperedge Capital), Velocity Capital, Balaji Srinivasan, Sandeep Nailwal, Tekin Salimi, Prabhakar Reddy, Alex Svanevik.

Mira Network is a decentralized infrastructure platform designed to universalize AI. It enables the development, contribution, and monetization of complex AI products through community-sourced workflows, incentivized evaluators, and structured knowledge graphs. Mira provides a trusted blockchain layer for sovereign ownership of AI resources and value attribution. The platform includes features like real-time user feedback, economic primitives for model ensembles, and adversarial systems. Mira’s ecosystem app, Klok, facilitates collaboration and scalability in AI operations, aiming to enhance the AI developer experience.

SkyTrade raised undisclosed amount in a Pre-seed funding round from Modular Capital*, Portal Ventures*, Solana Foundation, Santiago R. Santos, Jason Yanowitz, Scott Moore.

SkyTrade enables property owners to monetize and manage their airspace rights through a decentralized platform. Users can claim, rent, buy, and sell air rights, earning passive income while supporting drone deliveries and other low-altitude operations. The platform leverages blockchain technology to ensure secure transactions and transparent management of airspace assets. By democratizing access to the air rights market, SkyTrade allows individuals and businesses to capitalize on underutilized assets, fostering innovation in urban development and drone logistics.

Dill raised undisclosed amount in a Pre-seed funding round from Find Satoshi Ventures (FSL)*, Modular Capital, Santiago R. Santos.

Dill is a sharding-based data availability network designed for scalability and security. It is fully compatible with the Danksharding roadmap, utilizing advanced subnet sharding, KZG commitments, and a robust Distributed Hash Table (DHT) to optimize data sampling and reduce reliance on DAS providers. Dill achieves 10x to 100x scalability compared to other data availability networks, sharing security with both Bitcoin and Ethereum. The network supports up to 1,000,000 validators, offering a highly scalable and secure solution for data availability.

PEXX raised $4.5M in a Seed funding round from TNB AURA*, Antler.

PEXX is a global money transfer tool that enables users to send USDT and USDC to any bank account worldwide in minutes. It offers a fast, secure, and low-cost alternative to traditional money transfer services by integrating stablecoin transfers directly into banking systems. PEXX supports multiple currencies and provides transparent exchange rates, ensuring no hidden fees. The platform leverages top-tier custodians like Fireblocks for enhanced security, making it a reliable solution for seamless and borderless financial transactions.

Bima Labs raised $2.3M in a Seed funding round from Portal Ventures*, Draper Goren Blockchain, Sats Ventures, Core DAO.

BIMA introduces USBD, a stablecoin collateralized by Babylon-staked Bitcoin, aiming to bridge the gap between traditional finance and decentralized systems. It provides stability by mitigating Bitcoin’s volatility, making it suitable for various use cases such as remittances, e-commerce, DeFi, savings, and international trade. BIMA supports multiple blockchains including EVMs, STX, Solana, Ordinals, and Runes, offering a versatile and inclusive financial tool for global users, especially in regions with economic instability.

RateX raised undisclosed amount in a Seed funding round from GSR Markets LTD, SNZ Holding, Presto Labs, Animoca Ventures, KuCoin Ventures, Summer Ventures.

RateX is the world’s first leveraged synthetic yield exchange, offering a platform for users to trade leveraged synthetic assets with enhanced yield opportunities. It combines the benefits of synthetic asset trading with leveraged positions, allowing users to maximize their returns while managing risk. RateX provides a decentralized and transparent environment, utilizing blockchain technology to ensure security and efficiency. The platform is designed to cater to both novice and experienced traders, offering tools and features to optimize trading strategies and yield generation.

Other investment rounds

CryptoManufaktur raised undisclosed amount in a M&A  funding round from Galaxy Digital.

CryptoManufaktur provides blockchain infrastructure and technological consulting services, specializing in Chainlink node operations to securely bring off-chain data on-chain. They focus on security, proven track records, and client-oriented services, ensuring robust and efficient blockchain solutions for their clients. Their expertise includes operating Ethereum 2.0 nodes and maintaining high-security standards.

ZkLink raised undisclosed amount in a  funding round from OKX Ventures (ex OKEx Blockdream Ventures).

zkLink is a decentralized multi-chain trading infrastructure that provides a seamless and secure trading experience across different blockchains. Powered by zk-SNARKS, zkLink offers a unified liquidity pool that allows developers and traders to leverage assets and liquidity from various chains while ensuring the security of funds through zero-knowledge proofs. Additionally, zkLink offers API-driven solutions for creating order book DEXs, NFT marketplaces, and other decentralized applications.

Chainbase raised $15M in a Series A  funding round from Tencent Holdings*, Matrix Partners China*, Folius Ventures, Hash Global, Jsquare, Mask Network, Bodl Ventures.

Chainbase is a comprehensive Web3 data infrastructure platform that offers seamless access to on-chain and off-chain data through a suite of APIs. It supports multiple blockchain ecosystems, providing tools for developing real-time data pipelines, indexing on-chain data, and executing advanced queries. Chainbase is designed to simplify and accelerate Web3 development with features like zero infrastructure overhead, high data indexing speeds, and 99.99% uptime. It is trusted by numerous global teams for its reliability and efficiency in managing blockchain data.

Zivoe raised $8.4M in a  funding round from Andrew Keys, Concave Ventures.

Zivoe is a Real World Asset protocol aimed at disrupting the high-interest consumer lending market. By pooling capital on-chain and lending it to consumers in the real world through loan servicing companies, Zivoe offers a solution to refinance predatory loans, improving financial health for borrowers. The platform brings returns on-chain, providing sustainable yields for liquidity providers. Zivoe integrates with leading protocols and fintech partners to ensure security and efficiency, while offering features such as stablecoin deposits, interest earnings, and on-chain loan repayments.

Ready Games Network (READYgg) raised $6.4M in a Public sale  funding round from .

Ready Games Network is building social gaming infrastructure for the Web3 creator economy, developing mobile-first Web3 tools to democratize game creation. The network aligns economic interests among developers, creators, and players to foster a sustainable, distributed gaming ecosystem and creator economy.

Owlto Finance raised undisclosed amount in a  funding round from Matrixport Ventures.

Owlto Finance is a universal Cross-Rollup bridge solution facilitating seamless asset transfers between different blockchains without the need for intermediary assets, ensuring fast, reliable, and cost-effective transactions while maintaining the security and integrity of original assets. Its decentralized Maker system, future upgrade plans, and broad compatibility enhance transparency, security, and user experience, positioning Owlto as a versatile and essential tool for DeFi, NFT markets, DEX, cross-chain transfers, games, and the Metaverse within the Ethereum ecosystem.

Privy raised undisclosed amount in a  funding round from Coinbase Ventures.

Privy is a versatile toolkit for progressive authentication in Web3, allowing users to sign in with various methods such as crypto wallets, email, phone numbers, or social profiles. It enables progressive onboarding, enhancing user conversion, and provides a common user object regardless of the authentication method. Privy also manages off-chain data, associating real-world data with on-chain addresses without directly processing personal information, making it a secure and user-friendly API for Web3 applications.

Beoble raised $3M in a Strategic  funding round from .

Beoble is a Web3 messaging and social platform that facilitates secure wallet-to-wallet communication, emphasizing end-to-end encryption and decentralized connectivity. The platform introduces the Communication Delivery Graph (CDG) to ensure privacy in both content and delivery path, enhancing user data control. Beoble adopts a community-owned model, rewarding users with points for interactions and promoting equitable revenue distribution among chatroom members.

Haruko raised $6M in a Series A  funding round from White Star Capital*, MMC Ventures*.

Haruko connects institutional capital to the future of finance by offering a unified CeFi and DeFi portfolio management platform. Designed for institutional digital asset investors, it provides advanced tools for portfolio management, risk control, and data insights. Haruko enables seamless management of exposures, trade activities, and custom reporting across centralized and decentralized exchanges. The platform includes dynamic risk monitoring, proprietary analytics, advanced option pricing, and secure DeFi wallet integrations, ensuring comprehensive and efficient digital asset management.

Akedo Games raised undisclosed amount in a  funding round from The Open Platform (TOP).

Akedo is a game studio building Telegram games in TON blockchain ecosystem

Caliza raised $8.5M in a  funding round from Initialized Capital*, Abstract Ventures, Digital Currency Group (DCG), Kraynos Capital, New Form Capital, Quona Capital.

Caliza provides businesses with instant cross-border settlement and US digital dollar accounts through a secure, developer-friendly API. The platform simplifies financial operations by offering real-time payments, digital dollar accounts, and competitive FX rates. Caliza ensures compliance with global regulatory requirements, facilitating international transactions, supplier payments, treasury management, and more. By integrating digital banking services, Caliza enables businesses to manage funds seamlessly and expand their financial reach globally.

* fund, that lead investment round