Crypto Fundraising weekly
Dates: 22 – 28, Aug 2022

This week's biggest funding round

Ready Player Me raised $56M in a Series B funding round from Andreessen Horowitz (a16z crypto).

Ready Player Me is an Estonian company that creates avatars in the metaverse.

Pre-seed and Seed investment rounds

SolanaFM raised $4.5M in a Seed funding round from SBI Holdings, The Spartan Group, Mirana Ventures, Zee Prime Capital, D1 Ventures, Petrock Capital.

SolanaFM is a solana blockchain explorer and indexing provider.

Zodiac World raised undisclosed amount in a Pre-seed funding round from LD Capital, Math Wallet.

Zodiac is an ACG creation space based on multi-blockchains, aiming to provide users a top-level experience of decentralized visual entertainment.

Comm raised $5M in a Seed funding round from CoinFund, Electric Capital, Slow Ventures, Eniac Ventures, Shima Capital, LongHash Ventures.

Comm is encrypted Web3 crypto-native chat app.

Mellow Protocol raised $2.8M in a Seed funding round from Robot Ventures, Arrington Capital, ParaFi Capital, P2P Capital, Lemniscap, Focus Labs, Primitive.

Mellow Protocol is automatic DeFi strategies product.

Unlockd raised $4.4M in a Seed funding round from Blockchain Capital, Sfermion, The Spartan Group, Play Ventures.

Unlockd is a protocol which allows users to borrow against non-fungible tokens (NFTs).

Rand Gallery raised $2.5M in a Seed funding round from Borderless Capital, Algorand, Eterna Capital, Big Brain Holdings.

Rand Gallery is an algorand NFT marketplace aims to promote growth of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs) in the Algorand ecosystem.

Quivr raised $3.6M in a Seed funding round from Infinity Ventures Crypto (IVC), C² Ventures, Sfermion, FBG Capital.

Quivr is a decentralised social identity and verification platform.

Other investment rounds

NFT Genius raised $10.5M in a  funding round from Dapper Labs, Fundamental Labs, The Spartan Group.

NFT Genius is one of the first non-fungible-token (NFT) companies focusing on experiential and utility-focused builds of digital collections and products.

Thirdweb raised $24M in a Series A  funding round from HAUN Ventures, Coinbase Ventures, Shopify, Protocol Labs, Polygon Ventures, Shrug Capital.

Thirdweb is a platform for Web3 app developers.

Mural raised $5.6M in a  funding round from Digital Currency Group (DCG), Galaxy Digital, Firstminute Capital, 186 Ventures, AlleyCorp.

Mural is a tooling startup building decentralized autonomous organization (DAO) treasury tools for brands.

Primitive raised $9M in a Series A  funding round from Bain Capital Ventures (BCV), 1confirmation, Nascent, Robot Ventures.

Primitive is a decentralized finance (DeFi) infrastructure and product developer. Primitive builds innovative products focused on Automated Market Makers (AMMs).

Spectral raised $23M in a  funding round from Social Capital*, General Catalyst*, Samsung, Gradient Ventures, Section 32, Franklin Templeton, Circle Ventures, Jump Capital.

Spectral Finance is a web3 startup that creates a programmable creditworthiness ecosystem using credit risk analysis. They developed the Multi-Asset Credit Risk Oracle (MACRO) Score, an on-chain equivalent to the traditional FICO score, which enables users to check their credit scores through their platform. Spectral Finance aims to improve credit risk assessment by leveraging on-chain data and introducing the concept of Non-Fungible Credit (NFC), which allows users to bundle wallets and sync their transactional history into a single composable asset.

* fund, that lead investment round