Crypto Fundraising weekly
Dates: 20 – 26, Dec 2021

This week's biggest funding round

Multichain raised $60M in a funding round from Binance Labs Fund, Sequoia Capital, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere, Primitive, Hashkey Capital, Magic Ventures.

Multichain is a cross-chain router protocol (CRP), envisioned to be the ultimate router for Web3.

Pre-seed and Seed investment rounds

Treasure DAO raised $3M in a Seed funding round from 1kx, Merit Circle, Blackpool, AcadArena, Neon DAO, Jason Choi.

Treasure DAO is a decentralized effort aiming to connect NFT projects into a broad, story-rich ecosystem.

Cosmic Guild raised $1.5M in a Seed funding round from Binance Labs Fund, DeFiance Capital, Alameda Research, Play Ventures.

Cosmic Guild is a decentralized autonomous organization (DAO) that is focused on maximizing yield and building gaming communities.

B.Protocol raised $2.2M in a Seed funding round from 1kx, The Spartan Group, Robot Ventures, Primitive.

B.Protocol makes lending platforms more secure by eliminating the gas wars and shifting the miner’s profit to the users.

CyBall raised $1.8M in a Seed funding round from BITKRAFT Ventures, Impossible Finance, Animoca Brands, Ascensive Assets, Yield Guild Games (YGG), Merit Circle, GuildFi, Ancient 8, Good Games Guild, Arche Fund (Coin98 Ventures), SkyVision Capital, MEXC.

CyBall is a football-themed, NFT-based blockchain game with a Play-to-Earn model that allows you to test your might against players from around the world.

Atlas DEX raised $6M in a Seed funding round from Jump Capital*, HTX Ventures (ex Huobi Ventures), Genesis Block Ventures Capital (GBV), Solidity Ventures, Genblock Capital, 3Commas, Solar Eco Fund, Momentum 6 (M6), GSR Markets LTD, 0x Ventures, Bixin Ventures, AU21 Capital.

Atlas DEX is a decentralized cross-chain liquidity aggregator, designed to create a seamless trading experience for anyone looking to exchange tokens.

Bridgesplit raised $4.3M in a Seed funding round from CoinFund, Jump Capital, Coinbase Ventures, Solana Ventures, Not Boring Capital, Sfermion, A41, Rucker Park Capital.

Bridgesplit is the first non-fungible token (NFT) financialization platform built on the Solana blockchain. By bridging NFTs and DeFi, Bridgesplit creates capital efficiency in the NFT ecosystem, ushering in new capital, users, and utility to NFTs across verticals like art, gaming, and real-world assets.

Dogami raised $6M in a Pre-seed funding round from Ubisoft*, Animoca Brands*, The Sandbox*, XAnge VC, Blockchain Founders Fund, Ghaf Capital Partners, Sebastian Borget.

Dogamí is a play-to-earn, metaverse-ready, virtual companion.

Interlay raised $6.5M in a Seed funding round from IOSG Ventures*, Blockchain.com (Blockchain Ventures), Coin Merge Strategy (CMS), KR1 plc, Hypersphere, Zee Prime Capital, LAUNCHub Ventures.

Interlay is a decentralized network dedicated to connecting crypto-currencies like Bitcoin with DeFi platforms like Polkadot and Ethereum.

Other investment rounds

StarSharks raised $4.8M in a  funding round from 3Commas, AC Capital, Infinity Ventures Crypto (IVC), Bigcoin Capital, Binance Labs Fund, DAO Maker, Everest Ventures Group (EVG), Exnetwork Capital, Fundamental Labs, Gate Labs, Genblock Capital, Symbolic Capital (ex Hyperedge Capital), ICO Drops, Jsquare, Kirin Fund, Krypital Group, KuCoin Labs, LD Capital, Momentum 6 (M6), NGC Ventures (NEO Global Capital), YGG SEA.

StarSharks is an NFT-GameFi ecosystem based on the BSC chain developed by game players, governance committees, and game developers.

Elfin Kingdom raised $5.3M in a Strategic  funding round from Binance Labs Fund*, Alameda Research*, Merit Circle, Good Games Labs.

Elfin Kingdom is a MMORPG metaverse, through the fusion of DeFi and Play to Earn rewards.

Arcade raised $15M in a Series A  funding round from Pantera Capital, Castle Island Ventures, Franklin Templeton.

A smart contract powered by state-of-the-art crypto engineering keeps your loan contracts on track, on time, easily accessible around the clock.

Space raised $7M in a  funding round from CoinFund, Dapper Labs, Digital Currency Group (DCG), Animoca Brands, HOF Capital.

Art and commerce focused metaverse project.

Astra Protocol raised $9M in a  funding round from Republic, DAO Maker, Fundamental Labs, Faculty Capital, Wave Financial.

Astra Protocol is a decentralized compliance layer for the web3 economy and delivering the compliant blockchain for the future. It brings financial regulatory standards through its decentralized KYC platform for web3, using its patented technology, Decentralized Legal Network (DLN), to bring major legal and audit companies on-chain.

Render Token raised $30M in a  funding round from Multicoin Capital, Alameda Research, Solana Foundation, Sfermion, Vinny Lingham.

The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders.

Interlay raised $6.5M in a  funding round from Digital Finance Group (DFG), IOSG Ventures, KR1 plc, Hypersphere, Nexo, D1 Ventures, Signum Capital.

Interlay is a decentralized network dedicated to connecting crypto-currencies like Bitcoin with DeFi platforms like Polkadot and Ethereum.

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

BinaryX is a large on-chain online game and IGO platform on BNB Chain. It's game CyberDragon is currently one of the most popular P2E (Play-to-Earn) game, gameplay includes Mining, PVP, PVE and DAO system.

Gear Technologies raised $12M in a Series A  funding round from Blockchange Ventures*, Three Arrows Capital, Lemniscap, Distributed Global, Web3 foundation (W3F), THE LAO, Mechanism Capital, Bitscale Capital, The Spartan Group, Hashkey Capital, Signum Capital, P2P Validator, D1 Ventures.

Gear is an advanced WASM based smart contract platform, aiming to be a Polkadot and Kusama parachain.

* fund, that lead investment round