Crypto Fundraising weekly
Dates: 17 – 23, May 2021

This week's biggest funding round

Figure raised $200M in a Series D funding round from 10T Holdings*, Morgan Creek Capital*, Digital Capital Management (DCM), DST Global, Digital Currency Group (DCG), Ribbit Capital, Rockaway Blockchain Fund (RBF), Golden Tree, Blockchain com (Blockchain Ventures), Apollo Capital, Ulu Ventures, L1 Digital, HOF Capital.

Figure is a blockchain technology startup that offers loan origination, equity management, and payments services using the Provenance Blockchain. It is considered a unicorn company globally and aims to transform the financial services industry by bringing speed, efficiency, and savings to both consumers and institutions.

Pre-seed and Seed investment rounds

StartFi raised $1.4M in a Seed funding round from Spark Digital Capital, MEXC, AU21 Capital, Gate Labs, x21 Digital, Blocksync Ventures, Digital Finance Group (DFG), Youbi Capital, AngelONE Capital.

StartFi is an Ethereum-Powered, fully decentralized NFT platform.

Flux Protocol raised $10.3M in a Seed funding round from Distributed Global, Coinbase Ventures, CoinFund, Uncorrelated Ventures, Figment.

Flux is a cross-chain oracle aggregator, providing smart contracts with economically secure data.

Structure Finance raised undisclosed amount in a Seed funding round from NGC Ventures (NEO Global Capital), Kraken Ventures, Bancor Network.

Structure finance is a decentralized blockchain-based platform for structured financial products.

ArDrive raised $1.6M in a Pre-seed funding round from IOSG Ventures, Arweave, SevenX Ventures, D1 Ventures, Digital Renaissance.

ArDrive is an application for persistent data storage on the ar.io network. This new network includes a number of protocols, and applications get permanent storage.

Commonwealth raised $3.2M in a Seed funding round from Dragonfly Capital*, ParaFi Capital*, Framework Ventures, Hashed, IDEO CoLab Ventures, Nascent, Coin Merge Strategy (CMS), Divergence, LongHash Ventures, Zee Prime Capital, LedgerPrime, Balaji Srinivasan, Stani Kulechov.

Commonwealth is an all-in-one platform for on-chain communities to discuss, vote, and fund projects together.

Other investment rounds

HoDooi.com raised $4.3M in a Strategic  funding round from Morningstar Ventures, Mentha Partners, Hillrise Capital, ZBS Capital, AU21 Capital, Swissborg Ventures, Sora Ventures, The DuckDao, Master Ventures.

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

Certora raised $7.2M in a Series A  funding round from Electric Capital, A Capital, Balaji Srinivasan, Coinbase Ventures, CoinFund, Framework Ventures, Hypersphere, Lemniscap, Semantic Ventures, Stani Kulechov, VMware, Elad Gil.

Making trusted blockchain a reality with fully automatic exact verification technology for smart contracts.

Mercurial Finance raised $1.1M in a Public sale  funding round from .

Mercurial Finance is a dynamic vault for stable assets on Solana, focused on low slippage swaps and maximizing capital utilization.

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

Drops integrates NFT assets into a wider DeFi ecosystem, through fractionalization protocol, dNFT.

MUX Protocol (ex MCDEX) raised $7M in a  funding round from Delphi Digital*, Alameda Research*, Multicoin Capital, Fenbushi Capital, DeFiance Capital, Incuba Alpha, D1 Ventures, Alliance DAO (ex DeFi Alliance), NGC Ventures (NEO Global Capital), IOSG Ventures, OKX Ventures (ex OKEx Blockdream Ventures), Bixin Ventures, Mask Network, Finlink Capital, Plutus Capital Partners, Magic Ventures, ZBS Capital, Meltem Demirors, Digital Renaissance, Robot Ventures.

MUX is a decentralized leveraged trading protocol.

Aldrin (ex Cryptocurrencies.AI) raised $8M in a  funding round from Alameda Research, Alphabit, Digital Finance Group (DFG), AU21 Capital, Master Ventures, Fomocraft Ventures, Protocol Ventures, A195 Capital, GBIC (Global Blockchain Innovative Capital), Rarestone Capital.

Aldrin’s mission is to simplify DeFi and create powerful tools for all traders to succeed. It is both a next generation centralized exchange and a lightning fast DEX on Solana.

Scaleswap raised $2.5M in a  funding round from Ascensive Assets, Spark Digital Capital, Pluto Digital, A195 Capital, Magnus Capital, Rarestone Capital, AU21 Capital, Momentum 6 (M6), x21 Digital, INBlockchain.

Scaleswap is a fully decentralized IDO launchpad — harnessing the power of an advanced layer 2 scaling protocol.

BSClaunch raised $800K in a Strategic  funding round from NGC Ventures (NEO Global Capital), AU21 Capital, x21 Digital, Exnetwork Capital, Magnus Capital, Blocksync Ventures, CSP DAO, Titans Ventures, GD10 Ventures, Skyfall Ventures, Petrock Capital.

BSClaunch is a multi-functional integrated protocol built on the Binance Smart Chain.

rhino.fi (ex DeversiFi) raised $5M in a Strategic  funding round from ParaFi Capital*, DeFiance Capital, Delphi Digital, Lightspeed, Blockchain com (Blockchain Ventures), Fenbushi Capital, OKX Ventures (ex OKEx Blockdream Ventures), LongHash Ventures, Starkware, The Spartan Group, Genblock Capital, Kain Warwick, Stani Kulechov.

Rhino.fi is a multi-chain platform to bring you all the best DeFi opportunities in one place.

Media Industry Licensing Content (MILC) raised $270K in a Public sale  funding round from .

The MILC Platform aims to provide the industry with a new open marketplace for every professional and non-professional content provider and buyer.

Zapper raised $15M in a Series A  funding round from Framework Ventures, Sound Ventures, Mark Cuban.

Zapper provides some of the most robust DeFi related data, everything from liquidity and prices on different AMMs to complex DeFi protocol balances.

Skyrim Finance raised $2.1M in a  funding round from AU21 Capital, Spark Digital Capital, Exnetwork Capital, Blocksync Ventures, MantraDao, x21 Digital, ZBS Capital, Kyros Ventures, VBC Ventures, CryptoJ, Illusionist Group, Wings Ventures, GFS Ventures, Tenzor Capital, Titans Ventures, Poolz Finance.

Skyrim Finance is a Multichain Decentralized Structured Finance Protocol for both Fixed-rate and Leveraged-yield DeFi Products.

Partisia Blockchain raised $20M in a  funding round from Ausvic Capital*, P2P Validator*, Kosmos Ventures*, Bitscale Capital*, Crypto Bazar Capital, Gate Labs, Insignius Capital, NxGen.

Partisia Blockchain is a layer-1 blockchain that focuses on privacy and scalability. It uses a unique technology called multi-party computation (MPC) to allow nodes to process transactions without revealing any private data. This makes Partisia Blockchain ideal for use cases where privacy is essential, such as healthcare, finance, and voting.

* fund, that lead investment round