Crypto Fundraising weekly
Dates: 21 – 27, Oct 2019

This week's biggest funding round

Golden Technology raised $141M in a Series B funding round from Tencent Holdings*, Shenzhen Capital Group, Hillhouse, Prom (ex Prometheus Labs), CDH Investments, IDG Capital.

Pre-seed and Seed investment rounds

SIBEX raised $1.8M in a Seed funding round from Fenbushi Capital*, SIX FinTech Ventures*, Accomplice Blockchain.

Frax raised undisclosed amount in a Seed funding round from DeltaHub Capital, A195 Capital, Fairum Ventures.

Frax Finance is a decentralized finance (DeFi) protocol that issues innovative, decentralized stablecoins. Its flagship stablecoin, FRAX, combines partial collateral backing with an algorithmic mechanism to maintain its peg to the USD. Frax Finance offers multiple products and services within the Frax Protocol, making it a versatile DeFi solution for users who want to mint, trade (FraxSwap), and lend stablecoins (FraxLend).

Other investment rounds

Coinplug raised $6.4M in a Series B  funding round from KB Investment, Mirae Asset, Smilegate Investment.

Kava raised $3M in a Public sale  funding round from .

Kava is a lightning-fast Layer-1 blockchain that combines the interoperability of Cosmos with the developer support of Ethereum.

AZA Finance raised $15M in a  funding round from Development Bank of Southern Africa.

PeerNova raised $31M in a  funding round from Mosaik Partners*, Intuitive Venture Partners, Medici Ventures.

CoinRoutes raised $3M in a  funding round from .

OneOneDay raised $1.3M in a Series A  funding round from .

* fund, that lead investment round