Crypto Fundraising weekly
Dates: 17 – 23, Oct 2022

This week's biggest funding round

Celestia raised $55M in a Series A funding round from Bain Capital Ventures (BCV), Polychain Capital, Coinbase Ventures, Jump Crypto, FTX Ventures, Placeholder, Galaxy Digital, Delphi Digital, The Spartan Group, Blockchain Capital, Figment, Protocol Labs, NFX, Maven 11 Capital.

Celestia is a stripped-down layer 1 blockchain that focuses solely on ordering transactions and making the data for transactions available. The blockchain does not handle smart contracts or perform computations. Instead, these are functions Celestia’s model outsources to rollups or other blockchains, a core component of its flexible, modular design.

Pre-seed and Seed investment rounds

Ottr Finance raised $3.1M in a Pre-seed funding round from Race Capital, Circle Ventures, Slow Ventures, Kamal Ravikant.

Ottr is a Solana-based self-custody crypto app that makes holding crypto easy and secure.

Arcade2Earn raised $3.2M in a Seed funding round from Crypto.com Capital, Solana Ventures, Shima Capital, KuCoin Labs, GSR Markets LTD, Tenzor Capital, Flow Ventures, Big Brain Holdings, Parsiq, LD Capital, Rainmaker Games, Moonrock Capital, Master Ventures, Good Games Guild, Prom (ex Prometheus Labs), NxGen, Merit Circle.

Arcade2Earn is the Solana-based gaming platform doesn’t require players to own NFTs, while still reaping rewards.

Spindl raised $7M in a Seed funding round from Dragonfly Capital, Chapter One, Polygon Ventures, Tribe Capital, Multicoin Capital, Solana Ventures, Balaji Srinivasan, Anthony Pompliano.

Spidl is a company that provides services in attribution and growth metrics for Web3.

Helius raised $3.1M in a Seed funding round from Reciprocal Ventures, Chapter One, Solana Ventures, Alchemy Ventures, Big Brain Holdings, Propel VC.

Helius is an APIs, webhooks, and RPC provider in the Solana ecosystem.

Project Eluüne: StarGarden raised $5M in a Seed funding round from Ancient 8, C² Ventures, Polygon Ventures, 6th Man Ventures (6MV), Lightspeed, Morningstar Ventures, Avalaunch, Big Brain Holdings.

A team-based, auto-chess battler with RPG mechanics. StarGarden is a Guild versus Environment and Guild versus Guild auto-battler RPG for PC and Mobile. StarGarden merges auto chess elements of games like Team Fight Tactics, the crafting systems of Animal Crossing, and the progressive Guild play of World of Warcraft.

Shardeum raised $18.2M in a Seed funding round from Jane Street, Struck Crypto, The Spartan Group, Big Brain Holdings, Digital Finance Group (DFG), Ghaf Capital Partners, Foresight Ventures, Jsquare, Wemix, Coingecko, Gains Associates, Red Beard Ventures, Mapleblock Capital, Balaji Srinivasan, Cogitent Ventures, Veris Ventures, Nestcoin.

Shardeum is a layer 1 blockchain which uses dynamic state sharding to achieve linear scalability.

TrustCheck raised $7M in a Seed funding round from OpenSea, ACME capital, Global Founders Capital (GFC).

TrustCheck is a free scam prevention tool for those transacting with cryptocurrencies, smart contracts and non-fungible tokens developed by Web3 Builders.

Clique raised undisclosed amount in a Seed funding round from GGV Capital, Qiming Venture Partners, Alliance DAO (ex DeFi Alliance), Infinity Ventures Crypto (IVC), Mirana Ventures, Sky9 Capital, SNZ Holding, Mask Network, Formless Capital, Smrti Lab, DWeb3 Capital, Tess Ventures, SevenX Ventures.

Clique is launching an identity-oracle protocol that bridges the web2 - web3 gap.

YoloYolo raised $3.5M in a Seed funding round from ParaFi Capital, Mirana Ventures, Morningstar Ventures, Avalanche Asia Star Fund (AVATAR), United Overseas Bank (UOB), Signum Capital, Genblock Capital, C² Ventures, Yolo Investments.

YoloYolo is Web3 Fashion & Lifestyle Platform that builds a bridge between leading global brands and the web3 world. The platform that connects non-fungible token (NFT) owners with brands to sell merchandis.

Tapio raised $4M in a Seed funding round from Polychain Capital, Hypersphere, Arrington Capital, The Spartan Group, LongHash Ventures, 0x Ventures, Coin Merge Strategy (CMS), D1 Ventures, Genblock Capital, Valhalla Capital, PAKA, Double Peak Group, 11–11 DG partners.

Tapio is a synthetic asset protocol that aims to promote staking and crowd-loan derivatives efficiency on the blockchain protocol Polkadot — which has a native coin called DOT.

The New Computer Corporation (NCC) raised undisclosed amount in a Seed funding round from Borderless Capital, Hivemind, Eterna Capital, Big Brain Holdings, Noise, Algorand.

The New Computer Corporation (NCC) is a Web3 Product Studio deploying simple, scalable, integrable products to provide developers with utility and infrastructure tools to seamlessly build fun, collaborative, and creative experiences on Web3. Using Algorand blockchain technology as the foundation, NCC is committed to helping build a new creator economy that leads with transparency and puts internet fun first.

EmpireDAO raised $2.8M in a Seed funding round from Reciprocal Ventures, Stacks Accelerator, Near Foundation, Big Brain Holdings, Collab+Currency, Wicklow Capital, A41.

NYC's multi-chain web3 cultural center for builders and artists.

Other investment rounds

Mintify raised $1.6M in a  funding round from Arca Fund, GSR Markets LTD, Alchemy Ventures, Psalion VC, Fasanara Capital.

Mintify is an NFT multi-chain aggregator, analytics platform and trading terminal to deploy sophisticated NFT investment strategies.

Mercury raised $7.5M in a  funding round from Multicoin Capital, North Island Ventures, Brevan Howard Digital.

Mercury is sports startup pitches NFTs as ticket to fan experiences on the Flow blockchain as access passes to IRL experiences for college fanbases.

Grindery raised undisclosed amount in a  funding round from WWVentures*.

Grindery is the Web3 connection stack empowers organizations and DApp developers to connect thousands of Web2 applications with Web3 dApps/protocols.

Web3.unity raised $18.8M in a Series A  funding round from Round13 Capital, NGC Ventures, Hashkey Capital, Sfermion, Jsquare, Digital Finance Group (DFG), Fenbushi Capital.

Web3.unity is a flagship product of a global leader in blockchain protocol and infrastructure development ChainSafe which connects games using the development engine Unity with blockchain technologies.

Delysium raised $10M in a Strategic  funding round from Anthos Capital*, Immutable X, GSR Markets LTD, Blockchain Coinvestors, Leonis Capital, AntAlpha, Perion, Formless Capital.

Delysium is an open-world, AI-powered, player-owned MMO game where players can participate in diverse game modes, explore customizable universes, create various personalized physical assets, narrative assets, and native AI MetaBeings.

Light Protocol raised $4.2M in a  funding round from Polychain Capital, Solana Ventures, Hypersphere, Asymmetric fund, dlab, Balaji Srinivasan.

Light is key privacy infrastructure for Solana, offering the most accessible privacy rails in the ecosystem.

Stardust raised $30M in a Series A  funding round from Framework Ventures*, Acrew Capital, Blockchain Capital, Distributed Global.

Stardust is a SaaS, blockchain agnostic, platform that offers a seamless “low code” integration of NFTs for game studios. Stardust provides access to tools for indie developers and Triple-A developers looking to build in the metaverse. Its low-code, blockchain-free API claims to enable fast NFT integration in a cost-effective way.

VCORE raised undisclosed amount in a  funding round from Animoca Brands, BITKRAFT Ventures, Meta Impact Capital, Immutable X, Sky9 Capital, Mirana Ventures, DWeb3 Capital, Blockchain Coinvestors.

VCORE is a Metaverse Token (ERC-20) that will power the future of the metaverse by rewarding active, international players, creators and earners. VCORE is designed to power virtual worlds built and driven by communities, enabling users to thrive and earn equally.

Blockchain.com raised undisclosed amount in a  funding round from Kingsway Capital, Lightspeed.

Blockchain.com is a centralized cryptocurrency exchange established in 2012 and is registered in United Kingdom.

* fund, that lead investment round