Crypto Fundraising weekly
Dates: 22 – 28, Mar 2021

This week's biggest funding round

Blockchain com raised $300M in a Series C funding round from Lightspeed*, DST Global*, VY Capital*.

Blockchain.com is a centralized cryptocurrency exchange established in 2012 and is registered in United Kingdom, providing services such as crypto exchange, blockchain exploration, and crypto wallet solutions. It caters to both individuals and institutions, offering secure transactions, user-friendly interfaces, and educational resources.

Pre-seed and Seed investment rounds

handle.fi raised undisclosed amount in a Seed funding round from Distributed Global, Lemniscap, Digital Asset Capital Management (DACM), Coin Merge Strategy (CMS), One Block Capital Advisory, Orthogonal Trading, Apollo Capital, THE LAO, Double Peak Group.

handle.fi is the global defi FX protocol that allows users to create and exchange multi-currency stablecoins.

Sardine raised $4.8M in a Seed funding round from Coinbase Ventures, PayPal Ventures, Revolut, Uber, Village Global.

Sardine is a real-time fraud prevention product for financial technology and Web3 customers.

APWine raised $1M in a Seed funding round from Delphi Digital, The Spartan Group, Alliance DAO (ex DeFi Alliance), Rarestone Capital.

APWine is the marketplace for yield derivatives, the first protocol for future yield tokenisation.

XDEFI Wallet raised $1.2M in a Seed funding round from Mechanism Capital*, Delphi Digital, Morningstar Ventures, Alameda Research.

XDEFI is a decentralized multi-cryptocurrency wallet extension that supports multiple blockchains.

Connext raised $2.2M in a Seed funding round from Polychain Capital*, 1kx, HTX Ventures (ex Huobi Ventures).

Connext is an interoperability protocol that enables fast, non-storage-related asset transfers between blockchains and contract work between EVM-compliant blockchains.

Other investment rounds

Esprezzo raised $2M in a  funding round from Mark Cuban, Arrington Capital, Rarestone Capital, Coin Merge Strategy (CMS), LongHash Ventures, Youbi Capital.

Esprezzo is a decentralized finance (DeFi) startup building data automation tools.

StarkNet raised $75M in a Series B  funding round from Paradigm*, Sequoia Capital, Pantera Capital, Data Collective DCVC, Founders fund, Three Arrows Capital, Alameda Research.

StarkNet is a permissionless decentralized Validity-Rollup (also known as a “ZK-Rollup”). It operates as an L2 network over Ethereum, enabling any dApp to achieve unlimited scale for its computation – without compromising Ethereum’s composability and security, thanks to StarkNet’s reliance on the safest and most scalable cryptographic proof system – STARK.

Lolli raised $5M in a Series A  funding round from Serena Ventures, Seven Seven Six Ventures, Night Ventures.

Lolli is a rewards application that gives you bitcoin when you shop at your favorite stores.

Theta Network raised $100M in a  funding round from Sierra Ventures, Heuristic Capital, The VR Fund (Venture Reality Fund), GFR Fund.

Theta Network is a blockchain designed for media and entertainment, empowering existing platforms to reduce costs and engage users by leveraging decentralized technologies. It supports smart contracts, including Ethereum compatibility, enabling various Web3 applications like NFTs, decentralized exchanges, and DAOs. With a unique consensus mechanism, dual-token design (THETA and TFUEL), and a decentralized edge network, Theta offers scalable, low-carbon blockchain solutions for the entertainment industry, backed by a governance council including global leaders like Google, Samsung, and Binance.

* fund, that lead investment round