Crypto Fundraising weekly
Dates: 14 – 20, Jun 2021

This week's biggest funding round

BitDAO raised $230M in a Strategic funding round from Pantera Capital*, Dragonfly Capital*, Founders fund*, Peter Thiel*, The Spartan Group, Jump Capital, Fenbushi Capital, Kain Warwick, Alan Howard.

BitDAO is a decentralized autonomous organization that supports innovation and growth in the DeFi ecosystem. It is governed by BIT token holders who can submit and vote on proposals related to partnerships, protocol upgrades, and product development. BitDAO aims to grow its treasury and use cases through pledged contributions, specialized initiatives, R&D labs, and token swaps.

Pre-seed and Seed investment rounds

Orion Money raised $1.7M in a Seed funding round from Delphi Digital, Hashed, Accomplice Blockchain, SkyVision Capital.

Orion Money's vision is to become a cross-chain stablecoin bank providing seamless and frictionless stablecoin saving, lending, and spending.

Runtime Verification raised $5.3M in a Seed funding round from IOSG Ventures*, Hypersphere, cFund, Tezos, Elrond, Borderless Capital, Fenbushi Capital, Maven 11 Capital, Wave Financial.

Runtime Verification Inc. is a startup that uses formal methods to enhance the safety, reliability, and correctness of computing systems, including those in the aerospace, automotive, and blockchain industries. They work with infrastructure builders to provide testing and verification services, and have clients in both the embedded systems and blockchain sectors, including Ethereum, Cosmos, and Polkadot.

Unreal Finance raised $2.7M in a Seed funding round from AU21 Capital, x21 Digital, Genesis Block Ventures Capital (GBV), Magnus Capital, MW Partners, Spark Digital Capital, 3Commas, DeFi Omega, Black Edge Capital, Inception Capital (ex OP Crypto), Triblock, BlockPact, Blocksync Ventures.

Unreal Finance is an on-chain decentralized yield futures platform with a mission of allowing people to “earn future yield instantly”

Integritee raised $2M in a Seed funding round from LD Capital, AU21 Capital, Digital Finance Group (DFG), FBG Capital, OKX Ventures (ex OKEx Blockdream Ventures).

Integritee is the most scalable public blockchain solution for securely processing sensitive business or personal data.

Mangata Finance raised $1.4M in a Seed funding round from Polychain Capital*, IOSG Ventures, Altonomy, Coin Merge Strategy (CMS), TRGC.

Easy and secure decentralized trading for Polkadot and Ethereum. The first L1 DEX blockchain without insider trading and MEV.

Goldfinch raised $11M in a Seed funding round from Andreessen Horowitz (a16z crypto), A Capital, SV Angel, Divergence, Alliance DAO (ex DeFi Alliance), Balaji Srinivasan, Jason Choi.

Goldfinch is a decentralized credit protocol that allows anyone to be a lender, not just banks.

Umee raised $6.3M in a Seed funding round from Polychain Capital, Coinbase Ventures, IDEO CoLab Ventures, Alameda Research, ConsenSys.

Umee is the decentralized infrastructure for cross chain interactions between networks.

Parallel Finance raised $2M in a Seed funding round from Pantera Capital, Lightspeed, Breyer Capital, Hypersphere, 8 Decimal Capital, Polychain Capital.

Parallel Finance operates as a layer 2 scaling solution on Ethereum, utilizing Arbitrum's Nitro stack to create an EVM-compatible Parallel Chain. This optimistic rollup network ensures faster and more cost-effective transactions, inheriting security features from Ethereum, and introduces innovations like gas fee sponsorship and a WebAssembly execution environment through Arbitrum Stylus.

NFT Genius raised $4M in a Seed funding round from Mark Cuban, Ashton Kutcher, Anthony Pompliano, Roham Gharegozlou.

NFT Genius is one of the first non-fungible-token (NFT) companies focusing on experiential and utility-focused builds of digital collections and products.

Other investment rounds

Formation Fi raised $200K in a Public sale  funding round from .

Formation Fi is a DeFi project aiming to take token farming to the next level through a high risk scoring strategy.

HUMAN Protocol raised $90M in a Public sale  funding round from .

HUMAN Protocol powers decentralized marketplaces where you can request and contribute virtual work within the world’s largest labor pool.

TRM Labs raised $14M in a Series A  funding round from Bessemer Venture Partners*, Jump Capital, Salesforce Ventures, Blockchain Capital, PayPal Ventures, Initialized Capital.

TRM Labs is a blockchain intelligence company that helps financial institutions, crypto businesses and government agencies detect and investigate crypto-related financial crime and fraud.

Decentral Games raised $5M in a  funding round from Collab+Currency, Digital Currency Group (DCG), Bitscale Capital, Cluster Capital, AU21 Capital, Genesis Block Ventures Capital (GBV), ID Theory.

Decentral Games is a community-owned metaverse casino ecosystem.

SynFutures raised $14M in a Series A  funding round from Polychain Capital*, Framework Ventures, Pantera Capital, ByBit, Wintermute, Coin Merge Strategy (CMS), IOSG Ventures, Woo, Kronos Research.

SynFutures is a decentralized futures exchange designed for users to trade any asset pair, including long-tail assets and NFTs. The platform offers low fees and high liquidity, with an innovative Oyster Automated Market Maker model combining concentrated liquidity and order book for improved trading experiences. It is built on the Solana blockchain to ensure speed and security.

Spherium raised $370K in a Public sale  funding round from .

Spherium provides a single platform for multi-asset, cross-chain swaps, crypto financing solutions, and cross-chain operability.

NYM raised $6M in a Series A  funding round from Polychain Capital*, GreenField One, Maven 11 Capital, 1kx, Eden Block, Tioga Capital Partners.

The next generation of privacy infrastructure

Trace Network Labs raised $1.6M in a  funding round from AU21 Capital, NGC Ventures (NEO Global Capital), OKX Ventures (ex OKEx Blockdream Ventures), LD Capital, Spark Capital, Morningstar Ventures, Inclusion Capital, Lotus Capital, Spark Digital Capital, Moonrock Capital, Blocksync Ventures, 18 ventures, DAO Maker, Acheron Trading, Genblock Capital, Master Ventures, Genesis Block Ventures Capital (GBV), Black Edge Capital, Moonwhale Ventures, Sandeep Nailwal.

Trace Network Labs is powering PARIZ - a Metaverse for Fashion & Lifestyle with brand retail stores, social & community spaces. It is also enabling full stack Metaverse technologies for businesses & individuals to launch their own 3D experiences powered by Web3 & Blockchain.

Yield Guild Games raised $4M in a Series A  funding round from BITKRAFT Ventures, A Capital, Atelier, Fabric Ventures, GreenField One, IDEO CoLab Ventures, Mechanism Capital, ParaFi Capital, Third Prime, Animoca Brands, Ascensive Assets, Bitscale Capital, Dialectic, Free Company, SevenX Ventures, Sfermion, Delphi Digital, BlockTower Capital, Scalar Capital, gumi Cryptos Capital (gCC).

Yield Guild Games is a decentralized gaming guild that invests in NFTs found in blockchain-based games and virtual world economies.

XVERSE raised $2.7M in a Strategic  funding round from Animoca Brands*, Vestigium*, Genesis Block Ventures Capital (GBV)*, Momentum 6 (M6), Coin Merge Strategy (CMS), Blocore, x21 Digital.

XVERSE is the world's leading VR-AR software and metaverse blockchain powerhouse. In collaboration with global famous artists and musicians, XVERSE will be launching its innovative metaverse NFT marketplace.

Meme.com raised $750K in a Public sale  funding round from .

Meme.com is a platform that allows users to create markets and collectibles around any trend using "memetic assets" and "memecoins". Users can buy, sell, and stake Meme Tokens using Memecoin, with rewards given to long-term holders, high-volume traders, trend finders, and quest completers. The platform also includes Marble.Cards, an NFT project heavily influenced by memes, and a cryptofied Tinder game called the Arena, where users can vote on and discover trends.

Iagon raised $450K in a Public sale  funding round from .

IAGON gives access to fast, ultra-secure storage and cloud computing plus the bells & whistles of blockchain and decentralization.

Swarm raised $9.9M in a Public sale  funding round from .

Swarm is a system of peer-to-peer networked nodes that create a decentralized storage and communication service.

Parsiq raised $3M in a Strategic  funding round from Solana Foundation, Mindworks VC, AXIA8 Ventures, CoinUnited, Elevate Ventures, Krypital Group, Transfero.

Next-gen blockchain monitoring and compliance solutions.

dYdX raised $65M in a Series C  funding round from Paradigm*, QCP Capital, Coin Merge Strategy (CMS), CMT Digital, Finlink Capital, Menai Financial Group, mgnr, Kronos Research, Hashkey Capital, Electric Capital, Delphi Digital, Starkware, Andreessen Horowitz (a16z crypto), Polychain Capital, Three Arrows Capital, Wintermute.

Decentralized protocol for financial derivatives built on the Ethereum blockchain and 0x.

HoDooi.com raised $493.8K in a Public sale  funding round from .

HoDooi is a multi-chain NFT marketplace to create, buy, sell, and resell NFT.

DeFi11 raised $635K in a Public sale  funding round from .

DeFi11 is a defi powered gaming ecosystem for fantasy sports, NFT virtual hybrid world and P2P predictions.

Rangers Protocol (ex Rocket Protocol) raised $2.5M in a  funding round from Pantera Capital, HTX Ventures (ex Huobi Ventures), Framework Ventures, Alameda Research, AU21 Capital, Hashkey Capital, SevenX Ventures, SNZ Holding, Spark Digital Capital, Incuba Alpha, Morningstar Ventures, Kernel Ventures, Origin Capital, Consensus Lab, Puzzle Ventures.

The Asia-based Rangers Protocol describes itself as a provider of “virtual worlds blockchain infrastructure,” which allows entrepreneurs and creators to build on top of the platform in a permissionless environment. Rangers Protocol includes a cross-chain protocol, nonfungible token protocol and Ethereum Virtual Machine compatible system.

* fund, that lead investment round