Crypto Fundraising weekly
Dates: 18 – 24, Jun 2023

This week's biggest funding round

Neutron raised $10M in a funding round from Binance Labs Fund*, CoinFund*, Delphi Digital, LongHash Ventures, semantic ventures, Nomad Capital.

Neutron is a cross-chain smart contract platform that uses the Cosmos ecosystem’s interchain security feature, Replicated Security (RS), enabling developers to build smart contracts and decentralized applications (dapps) in a cost-effective and secure environment across a network of interconnected blockchains.

Pre-seed and Seed investment rounds

Anichess raised $1.5M in a Seed funding round from GameFi Ventures, The Operating Group, Koda Capital, Bing Ventures, 708 Capital, Asymmetry Capital.

Anichess is a community-driven, free-to-play chess game developed in partnership between Animoca Brands and Chess.com-owned Play Magnus Group. It combines the core rules of a classic chess game with a so-called “spell mechanic” that includes a range of offensive, defensive and counter tactics.

Radius raised $1.7M in a Pre-seed funding round from Hashed*, Superscrypt, LambdaClass, Crypto.com Capital.

Radius is a trustless sequencing layer that provides sequencing-as-a-service and cross-rollup interoperability solutions for specialized blockchains called rollups. It addresses issues related to censorship and harmful Miner Extractable Value (MEV) by implementing zero-knowledge cryptography, creating a secure environment for users.

Open Foodie raised $500K in a Seed funding round from Hash Global, Starwin Group, Bitrise Capital.

Openfoodie is a Web3 project that combines advanced technology, artificial intelligence, and NFTs to create a unique and sustainable food experience. It allows users to participate in designing NFT traits and backgrounds using AIGC technology.

Earn Network raised $2.7M in a Seed funding round from Shima Capital*, Digital Finance Group (DFG), Jsquare, LD Capital, GTS Ventures, Bixin Ventures, ViaBTC Capital, Mirana Ventures, Cronos Labs, MarsDAO.

Earn Network is a non-custodial platform connecting liquidity providers and pool creators in a liquid marketplace for yield earning opportunities, offering simple and intuitive solutions for DeFi staking, lending, restaking, and liquid staking.

Kryptoskatt raised undisclosed amount in a Seed funding round from Binance Labs Fund*, Gate.io Labs*.

Kryptoskatt is a platform that simplifies Web3 finance by offering accounting, portfolio management, tax reporting, and expert assistance for cryptocurrency users globally, supporting a wide range of DeFi protocols, exchanges, wallets, and blockchains.

Portal Gate raised $1.1M in a Seed funding round from Apollo Capital*, UpsideDAO, Greythorn Asset Management, Comma3 Ventures, Gandel Invest, Rebase D. Ventures, Fork Ventures, Cluster Capital.

Portal Gate is a zero-knowledge based compliant wallet and transaction privacy solution.

Intuition raised $4M in a Seed funding round from Superscrypt*, Shima Capital, WWVentures, Polygon Ventures, Avon Ventures, ConsenSys, Matrixport Ventures, Polymorphic Capital, GSR Markets LTD, ArkStream Capital, Open Web Collective OWC, NewTribe Capital, Primal Capital, Orange DAO, THE LAO, DAO Jones, Punk DAO, Spaceship DAO, Artichoke Capital, Tangent Ventures, Pulsar, Fight Club.

Intuition is a decentralized platform that aims to enhance the quality and accessibility of social knowledge by providing infrastructure, tools, and applications for creating an open and flexible knowledge graph. Users can create attestations about any subject, which are stored in a navigable and queryable manner, and can be leveraged by other applications. Intuition's protocol and middleware enable seamless integration of attestations and the knowledge graph into third-party applications.

Other investment rounds

Vertex Protocol raised undisclosed amount in a Strategic  funding round from Wintermute*.

A decentralized FX protocol for multi-currency spot and derivatives trading.

Kaito raised $5.5M in a Series A  funding round from Superscrypt*, The Spartan Group*.

Kaito is an ChatGPT-powered search engine for crypto seeks to revolutionize crypto research and investing with AI. Kaito organizes terabytes of unstructured information in crypto with in-house AI technologies, making it accessible to investors, researchers, builders and the public at large.

Maverick Protocol raised $9M in a  funding round from Founders fund*, Pantera Capital, Binance Labs Fund, Coinbase Ventures, Apollo Capital.

Maverick Protocol is a permissionless derivatives protocol with an innovative liquidity bootstrapping mechanism— the ALP virtual AMM — that positions liquidity more effectively based on the market price.

Bracket Labs raised undisclosed amount in a  funding round from Binance Labs Fund*.

Bracket Labs is a project that builds leveraged structured products on-chain with simple interfaces and innovative, adaptive pricing to vastly improve usability. Bracket Labs has launched BracketX.fi, a platform that helps traders quickly take advantage of volatility in both sideways and trending market conditions.

DappOS raised undisclosed amount in a  funding round from Binance Labs Fund*.

DappOS is an operating protocol that simplifies the user experience of interacting with crypto infrastructures, solving issues related to confusing web3 accounts and complicated workflows in dApps by providing a middle layer between users and crypto infrastructures, automating workflow execution.

Mind Network raised undisclosed amount in a  funding round from Binance Labs Fund*.

Mind Network is a decentralized platform that utilizes Adaptive Fully Homomorphic Encryption (FHE) to protect user data, smart contracts, and AI on Web3. It offers a Zero Trust Data Lake, providing secure storage, computation, and access control through end-to-end encryption, making it user-friendly and enhancing data security in the Web3 ecosystem.

zkPass raised undisclosed amount in a  funding round from Binance Labs Fund*.

zkPass is a composable, privacy-preserving decentralized identity verification solution for Web3, utilizing multi-party computation (MPC) and zero-knowledge proof (ZKP) technologies to securely validate and verify private data without the need for data disclosure or upload. It enables users to selectively and privately validate various types of data while maintaining trust and privacy in applications such as decentralized identity passes, DeFi lending protocols, healthcare data marketplaces, and more.

EDX Markets raised undisclosed amount in a Strategic  funding round from GSR Markets LTD, Miami International Holdings (MIAX), DV Chain, GTS Ventures, Hudson River Trading (HRT).

EDX Markets is a platform that provides a trusted, efficient, and liquid trading experience for cryptocurrencies and other digital assets, incorporating best practices from traditional finance to offer competitive quotes and a unique non-custodial model.

Vantient raised $3.5M in a  funding round from Saison Capital, AC Ventures.

Vantient is a Web3 CRM Solution company that empowers projects and community managers to build engaged communities and establish trusted data relationships. They offer products for capturing zero-party data, rewarding interactions, and managing member data, while also providing individuals with the ability to build their digital identity in community spaces powered by CMTY.

INX Digital raised $5.3M in a  funding round from Republic*.

INX Digital develops regulated trading platforms for digital securities and cryptocurrencies. They offer a single trading platform INX.One that is offering access to diverse assets and investment opportunities, prioritizes safety, regulatory compliance, and community empowerment through the INX Token. INX Digital is known for being the first company to complete an SEC-registered Initial Public Offering (IPO) of a blockchain security token.

* fund, that lead investment round