Crypto Fundraising weekly
Dates: 21 – 27, Jun 2021

This week's biggest funding round

Amber Group raised $100M in a Series B funding round from Tiger Global, Sky9 Capital, Digital Capital Management (DCM), Pantera Capital, Coinbase Ventures, Blockchain com (Blockchain Ventures).

Amber Group is the Singapore-headquartered liquidity provider, offering clients services that include algorithmic execution, electronic and OTC market-making derivatives, structured products, and advisory services.

Pre-seed and Seed investment rounds

​​Meson Network raised $3.5M in a Seed funding round from Libertus Capital, Mask Network, Hash Global, Digital Currency Group (DCG), Youbi Capital, Hashkey Capital, Zonff Partners, SevenX Ventures, Permanent Ventures, CMT Digital, Meltem Demirors, Thomas Bailey.

Meson Network is a decentralized network known for its "DePIN" project, which has gained substantial support from a community of 340,000 miners. With over 100,000 active nodes in 150 countries and a bandwidth capacity of approximately 20 Tb/s, Meson Network facilitates decentralized infrastructure networks, offering user-friendly technology for various hardware and establishing an economic cycle connecting idle resources with business demand.

t3rn raised $1.4M in a Seed funding round from Polychain Capital*, IOSG Ventures, Digital Finance Group (DFG).

t3rn is a Polkadot-based blockchain interoperability protocol that facilitates cross-chain transactions and enables trust-free collaboration between blockchains. It is a hosting platform for smart contracts that offers interoperability, fail-safe execution, and composability, allowing smart contracts to execute on multiple blockchains and be stored in a decentralized repository for anyone to use. The ultimate goal of t3rn is to create an ecosystem that rewards developers for their contributions and enables anyone to deploy an interoperable smart contract.

RabbitHole raised $3.6M in a Seed funding round from Electric Capital*, OpenSea, Gnosis DAO, ParaFi Capital, Framework Ventures, Slow Ventures, Chapter One, Edge & Node, Collab+Currency, Balaji Srinivasan.

RabbitHole is a Web3 participation platform that incentivizes users to learn and contribute to decentralized apps by rewarding them for using crypto applications on smart contract blockchains like Ethereum and Polygon. They are creating a two-sided marketplace for users, contributors, projects, and protocols, where anyone can build an on-chain resume of achievements and find opportunities to work on Web3 projects based on their skills and contributions.

Andalusia Labs (ex Risk Harbor) raised $3.3M in a Seed funding round from Framework Ventures*, Pantera Capital*, Bain Capital Ventures (BCV), Coinbase Ventures, Nima Capital, Digital Currency Group (DCG), Anthony Pompliano, Do Kwon.

Andalusia Labs is a global provider of risk management infrastructure for digital assets, offering innovative solutions like the Karak layer-2 blockchain, Subsea crypto risk management marketplace, and Watchtower security-centric institutional platform. Their mission is to establish security standards, instill confidence, and facilitate the integration of blockchain and Web3 technology into global financial services.

Strips Finance raised $2.5M in a Seed funding round from Mechanism Capital*, Crypto com Capital*, Finlink Capital*, DeFiance Capital, Magic Ventures, Alliance DAO (ex DeFi Alliance), PNYX Ventures.

Strips Finance is an interest rate derivatives exchange built on Arbitrum and BSC.

Other investment rounds

HaloDAO raised $350K in a Public sale  funding round from .

HaloDAO is a stablecoin marketplace protocol that aims to bridge the gap between Traditional and Decentralised Finance.

Efinity raised $20M in a Public sale  funding round from .

Efinity is a scalable, decentralized, cross-chain network designed to bring non-fungible tokens to everyone.

Block.one raised $49M in a  funding round from Cryptology AG.

Block.one is a blockchain software company that offers technology and products to help people create integrity in the world. It is also the originator of EOSIO, an open-source blockchain software that provides tools for developers and businesses to build infrastructure.

VitaDAO raised $4.8M in a Public sale  funding round from .

VitaDAO is a decentralized autonomous organization that funds research projects in the field of longevity science aims to extend human lifespan.

Yield Protocol raised $10M in a Series A  funding round from Paradigm*, Framework Ventures, Symbolic Capital (ex Hyperedge Capital), Coin Merge Strategy (CMS), Variant Fund, Alliance DAO (ex DeFi Alliance).

The Yield Protocol is a standard for a token that settles based on the value of a target asset on a specified future date, and which is backed by some quantity of a collateral asset. These tokens are called fyTokens or “fixed yield tokens.”

Kaiko raised $24M in a Series A  funding round from Anthemis*, Underscore VC*, Point Nine Capital, Alven, Hashkey Capital.

Kaiko is a leading cryptocurrency market data provider that offers live and historical institutional-quality market data for digital assets. Its services provide accurate, transparent, and actionable financial data to be leveraged for a range of market activities, empowering institutional investors and enterprises. Kaiko's mission is to serve as a single source for market information, with two HTTP APIs for reference data and market data, and a real-time stream SDK for low latency data.

Beyond Finance raised undisclosed amount in a Strategic  funding round from Huobi Global, Consensus Lab, OKX Ventures (ex OKEx Blockdream Ventures).

Beyond is a decentralized platform for creating and trading synthetic financial products designed to suit the needs of the synthetic creator.

Nayms raised $6M in a  funding round from Coinbase Ventures, The Spartan Group, LD Capital, Maven 11 Capital, Digital Finance Group (DFG), Woodstock, XBTO Group, Cadenza.

Nayms is the first fully-regulated marketplace for on-chain insurance, allowing regulated brokers and underwriters to find digital asset capital providers to share in the premium and liability entailed in covering digital asset risk. It is a platform that uses blockchain technology to extend traditional risk markets and take risk pricing and management to a new level. Nayms is structured as a Segregated Accounts Company (SAC) and holds both a Digital Asset Business License and Innovative General Business Insurance License.

CipherTrace raised $27.1M in a Series B  funding round from Third Point, Neotribe Ventures, Acrew Capital, Seraph Group.

CipherTrace identifies “risky” transactions as transactions with an entity flagged as “High Risk” in any of CipherTrace's blockchain forensic tools.

NFTb raised $120K in a Public sale  funding round from .

NFTb is a premier marketplace for NFTs and digital goods.

Securitize raised $48M in a Series B  funding round from Morgan Stanley, Blockchain Capital.

Securitize is a compliance platform and protocol for issuing and managing digital securities on the blockchain.

Tesseract raised $25M in a Series A  funding round from Augmentum Fintech, Blackfin Capital Partners, Concentric, DN Capital, Jabre Capital Partners Family Office, LeadBlock Partners, Sapphire Ventures, Coinbase Ventures, Wintermute, Woorton.

Tesseract is a crypto lending business focused on sourcing deposits from institutions, rather than retail customers. The lender, which is supervised by the Finnish Financial Supervisory Authority (FIN-FSA). Earn API by Tesseract, enables partners to offer their customers different financial products tailored to specific risk strategies.

* fund, that lead investment round