Crypto Fundraising weekly
Dates: 18 – 24, Jul 2022

This week's biggest funding round

Hashflow raised $25M in a Series A funding round from Jump Crypto, Wintermute, GSR Markets LTD, LedgerPrime, QCP Capital, Altonomy, Dragonfly Capital, Electric Capital, Coinbase Ventures, Kraken Ventures, Fabric Ventures, Evernew Capital, Space Whale Capital, Kronos Research, Meltem Demirors, Balaji Srinivasan.

Hashflow is a decentralized exchange platform designed for interoperability, zero slippage, and MEV-protected trades.

Pre-seed and Seed investment rounds

Cardinal raised $4.4M in a Seed funding round from Protagonist, Solana Ventures, Animoca Brands, Alameda Research, Delphi Digital, Coin Merge Strategy (CMS).

Cardinal is a Solana Protocol that enables the conditional ownership of NFTs.

FitR raised undisclosed amount in a Seed funding round from Avalanche Asia Star Fund (AVATAR), KuCoin Ventures, Hashkey Capital.

Fitr is P2E AI health and fitness platform that can be used for remote coaching.

Secure3 raised $5M in a Seed funding round from Mirana Ventures, GGV Capital, Hashkey Capital, Zonff Partners, Springwind Ventures, Alumni Ventures (AVG), Eastlink Capital, ArkStream Capital.

Secure3 is Web3 security auditing ecosystem that aims to build a transparent and open-source smart contract auditing standard and tools to empower a scalable and verifiable auditing ecosystem.

Bluejay Finance raised $2.9M in a Seed funding round from C² Ventures, Zee Prime Capital, Stake Capital, Daedalus, Moonlanding Ventures, Oval Ventures.

Bluejay Finance is a capital-efficient protocol for multi-currency stablecoins as the base layer for the monetary architecture of the future.

Lines raised $4M in a Seed funding round from Scalar Capital, Volt Capital, Ethereal Ventures, Mischief Fund, Elad Gil.

Lines is a web3 crypto messaging platform.

Other investment rounds

KuCoin raised $10M in a Strategic  funding round from SIG DTI (a Susquehanna International Group Company)*.

KuCoin is an exchange platform that allows holders to profit from the success of the exchange.

XLD Finance raised $13M in a Series A  funding round from Dragonfly Capital, Infinity Ventures Crypto (IVC), Digital Currency Group (DCG), Circle Ventures, Advance AI, IDG Capital, Insignia Venture Partners, Yield Guild Games (YGG).

XLD is a stablecoin-based ecosystem driving financial inclusion through real world financial services. Advancing financial inclusion in emerging markets through Web 3.0, crypto, and play-to-earn.

LayerZero raised undisclosed amount in a  funding round from Christie’s.

LayerZero is messaging protocol that allows for interoperability and facilitates seamless cross-chain messaging across countless blockchains. It provides the underlying infrastructure needed for decentralized applications (dApps) to live across multiple blockchains.

* fund, that lead investment round