Crypto Fundraising weekly
Dates: 22 – 28, Oct 2023

This week's biggest funding round

Blockaid raised $33M in a funding round from Ribbit Capital, Variant Fund, Cyberstarts, Sequoia Capital, Greylock.

Blockaid is a Web3 cybersecurity company that offers security tools designed to prevent malicious transactions, thereby safeguarding Web3 users from scams, phishing attempts, and hacking threats. Their primary focus is to enhance the security of the Web3 ecosystem and protect users from potential cyberattacks.

Pre-seed and Seed investment rounds

Moonveil Entertainment raised $5.4M in a Seed funding round from gumi Cryptos Capital*, Arcane Group*, LongHash Ventures, IOSG Ventures, Infinity Ventures Crypto (IVC).

Moonveil Entertainment is a Cayman Islands-based Web3 game studio focused on creating a new gaming ecosystem that empowers players to own in-game assets and earn cryptocurrency rewards. They are developing games like Astrark and Project B, with a vision of meticulously tracking player contributions and identities through flexible, composable, and immutable means, utilizing tokenomics and NFTs to enhance the player's journey.

Nocturne raised $6M in a Seed funding round from Bain Capital Crypto*, Polychain Capital*, Vitalik Buterin, Bankless Ventures, Hack VC, Robot Ventures.

Nocturne is a protocol enabling private Ethereum accounts with built-in asset privacy. Users can deposit or receive funds to private stealth addresses within Nocturne contracts and prove ownership of assets in zero knowledge for anonymous transactions. It offers an interface for privately storing, earning yield on assets, and facilitating confidential transfers.

TonUP raised undisclosed amount in a Seed funding round from TONCoin Fund, Foresight X, Waterdrip Capital, BitFund DAO.

TonUP is a launchpad designed to identify and nurture promising projects within The Open Network (TON) ecosystem. It serves as a platform for discovering and supporting innovative projects in the crypto space.

Noble raised $3.3M in a Seed funding round from Polychain Capital*, Borderless Capital, Circle Ventures, Wintermute, Cross-Chain Ecosystem Fund, Hustle Fund, CMCC Global, Interop Ventures.

Noble is a specialized blockchain within the Cosmos ecosystem, focused on the issuance and management of native assets. It is designed to provide secure and industry-standard smart contracting capabilities for asset issuance, allowing entities to mint, burn, and manage tokens on the Noble chain.

Cube Exchange raised $9M in a Seed funding round from Asymmetric fund, SIG DTI (a Susquehanna International Group Company), Everstake, Foundation Capital, Big Brain Holdings, Third Kind Venture Capital (3kvc), Arche Fund (Coin98 Ventures), WWVentures.

Cube Exchange is a hybrid crypto trading platform that merges traditional and DeFi features for fast, secure, and user-friendly trading. It provides rapid order execution, institutional-grade security, and accessibility for crypto traders.

PRINT3R raised $500K in a Pre-seed funding round from MH Ventures*, 300DAO, PrimapesDAO, Homeless Ventures, 2Shares, Onchain Wizard.

PRINT3R is a gamified decentralized derivatives platform powered by Base, designed to offer users the thrill of trading their favorite crypto assets with up to 50x leverage. It prioritizes user experience, efficiency, and rewards, featuring dynamic pricing based on data aggregation from Coinbase and Binance, a robust referral system, and seasonal rewards for traders.

Virtual Labs raised $1.2M in a Pre-seed funding round from OP Crypto*, Near Foundation, Koyamaki Ventures, Byzantine Marine.

Virtual Labs is a startup with a focus on developing zero-knowledge technology, primarily in the realm of zero-knowledge ZK state channels. The company aims to leverage this technology to eliminate gas fees and simplify wallet interactions, thereby enhancing the user experience within the Web3 ecosystem. Their solutions, such as Virtual Rollups, offer the ability to conduct transactions with zero gas fees, instant processing, and seamless functionality across different blockchain networks.

BRLA Digital raised $600K in a Pre-seed funding round from Coins, Wei Zhou, Rodrigo Benez.

BRLA Digital is a fintech specializing in cross-border payments and cryptocurrency infrastructure, offering financial services and cross-border payment solutions for crypto-friendly companies in the Brazilian market. They've introduced the BRLA Token, a stablecoin linked to the Brazilian real, providing an economical and stable entry point to the world of crypto assets. BRLA Digital is dedicated to advancing Brazil's financial future by fostering crypto adoption and enabling access to global crypto products and innovation, ultimately driving economic growth in the country.

Ctrl Alt raised $2.7M in a Seed funding round from Forward Partners*, Middlegame Ventures (MGV)*.

Ctrl Alt is a B2B expert solutions provider for alternative assets, employing blockchain technology and fractional investing to enable investment in previously hard-to-access asset classes. It offers partners a white-label investment platform for providing alternative assets to investors, fractionalization services, and ensures regulatory compliance.

Other investment rounds

Project Twelve (P12) raised undisclosed amount in a Strategic  funding round from MOBOX*.

Project Twelve, or P12, is a Web3 gaming ecosystem with sustainable economy. It offers tools like the Editor, which is a full-featured content engine for building game worlds in the Metaverse, the Infra, which provides API/SDK and developer portals to bring game content onto the blockchain, and the Econs, which are economic and governmental rules implemented as EVM smart contracts. P12's mission is to establish a sustainable game economy where assets are genuinely owned by players and governance is open, allowing players to participate in shaping the game's future direction and resolving disputes.

Anboto Labs raised $3M in a  funding round from Kronos Research, Cherry Ventures, Mechanism Capital, Matrixport Ventures, XBTO Humla Ventures.

Anboto is a crypto execution layer that provides advanced tools for trading a wide range of instruments on various venues. It offers features like TWAP, VWAP, and Iceberg, making it a go-to platform for professional crypto traders. Anboto prioritizes accessibility and efficiency in the world of crypto trading.

Aera raised $8M in a  funding round from Bain Capital Ventures (BCV)*, Jump Trading.

Aera is a decentralized treasury management protocol, designed to improve control over treasury funds for DAOs and organizations. It offers features such as data-driven investment strategy recommendations, automatic portfolio rebalancing, and transparency through governance by a DAO. Aera aims to enhance the efficiency and accessibility of treasury management for a wide range of organizations.

DeFi (ex DeFiYield) raised undisclosed amount in a Strategic  funding round from OKX Ventures (ex OKEx Blockdream Ventures)*.

De.Fi is a comprehensive DeFi dashboard that combines asset and risk management tools. It allows users to track wallet information by token, offering price, balance, and USD value details, along with the ability to filter data by blockchain network. De.Fi also facilitates token exchanges at the best available rates, making it a versatile platform for managing DeFi assets.

Triple-A raised $10M in a Series A  funding round from Peak XV Partners (ex as Sequoia India & South East Asia), Shorooq Partners.

Triple-A is a global digital currency payment institution that facilitates businesses to send and receive payments in both traditional and digital currencies without worrying about volatility. Licensed by the Monetary Authority of Singapore (MAS), Banque de France, and registered with the United States Financial Crimes Enforcement Network (FinCEN), Triple-A offers frictionless, white-label payment solutions that prioritize security and compliance, making it simple for businesses worldwide to accept payments in various currencies.

Rymedi raised $9M in a Series A  funding round from RW3 Ventures*, White Star Capital*, Blockchange Ventures, Blizzard.

Rymedi is a secure healthcare data platform powered by blockchain, streamlining the transfer of medical records, and improving data integrity to enhance patient care and research. It provides patients with secure access to their medical records, diagnostic results, and offers seamless communication between labs and patients. Rymedi aims to make healthcare more transparent and efficient for all stakeholders in the industry.

Neon Machine (Shrapnel) raised $20M in a Series A  funding round from Polychain Capital*, Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, Tess Ventures.

Neon Machine is a game studio based in Seattle known for developing the upcoming first-person shooter game, Shrapnel. Shrapnel is a sci-fi extraction shooter featuring in-game content, such as weapon parts, weapons, and cosmetics, offered as NFTs on its private crypto network built on Avalanche, providing both solo and team-based gameplay. It places a significant focus on user-generated content, enabling players to create their own game items using Shrapnel's technology, which can then be minted as NFTs.

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

CyberConnect is a decentralized social graph protocol that aims to address issues related to centralized control, lost creator value, data siloing, and stifled innovation in Web 2.0 social media. It is built with IPFS and Ceramic, and allows users to truly own their social identities, contents, and connections while providing developers with a rich set of tools to build applications with meaningful social experiences.

STIX raised $2.7M in a  funding round from Psalion VC*, Big Brain Holdings, Eterna Capital, Fisher8 Capital, XBTO Humla Ventures, TLF Ventures, Kleinblue Capital (0xkb).

STIX is a prominent over-the-counter (OTC) platform specializing in digital asset secondary trading. It aims to resolve issues in the secondary markets, such as liquidity challenges and information asymmetry, by providing a transparent marketplace for data-driven price discovery and improved liquidity.

Micapass raised $253K in a  funding round from SUPER HOW?, Firstpick.

Micapass is a regulatory technology startup specializing in developing a cutting-edge Know Your Customer (KYC) solution for decentralized finance (DeFi) protocols and Web3 users. Their innovative Anti-Money Laundering (AML) compliance solution enables DeFi platforms to proactively identify and prevent illicit activities, enhancing regulatory oversight within the cryptocurrency sector.

Rulematch raised undisclosed amount in a Series A  funding round from Consensys Mesh, Flow Traders, FiveT Fintech (ex Avaloq Ventures).

Rulematch is a Swiss digital asset trading solution provider that specializes in offering tailor-made trading solutions for financial institutions entering the digital asset market. Their platform is designed to meet the needs of institutional cryptocurrency trading, focusing on regulatory compliance, capital efficiency, low latency trading, and commission optimization.

smlXL raised $13.4M in a  funding round from Andreessen Horowitz (a16z crypto)*, Greylock.

smlXL is a blockchain infrastructure service platform dedicated to enhancing the utility, accessibility, and transparency of public computers through blockchain technology. It offers various tools and products, including evm.storage, which is a secure and efficient data storage platform for Ethereum smart contracts. smlXL serves as a valuable resource for developers seeking to build and manage blockchain applications and promotes the principles of transparency and accessibility in the blockchain ecosystem.

Integral raised undisclosed amount in a Strategic  funding round from Coinbase Ventures*.

Integral is a real-time accounting platform, offering a Web3 accounting solution that automates accounting and tax reporting for crypto businesses and individuals. It features real-time accounting, automated tax reports, and support for multiple accounting standards to make crypto accounting more accessible and efficient.

Atani raised $6M in a  funding round from Cometa*, JME Ventures, Conexo Ventures, CDTI.

Atani is an all-in-one crypto trading platform that offers users the ability to securely buy and sell a wide range of cryptocurrencies across various exchanges, manage their portfolios, and access advanced trading tools. Recently authorized by the Bank of Spain as a Virtual Asset Service Provider (VASP), Atani aims to provide regulatory guarantees and has plans to launch its own exchange service to consolidate liquidity from different platforms for the best price. It also offers portfolio management, technical analysis tools, and automation features.

Port3 Network raised undisclosed amount in a  funding round from DWF Labs*.

Port3 is a one-stop platform to create, utilise and evolve your Web3 identity by aggregating and standardising off-chain/on-chain data to build a Social Data Layer.

Hytopia (ex NFT Worlds) raised $3M in a  funding round from Delphi Digital*.

Hytopia is a collaborative and independent video game created by a community experienced in Minecraft's modding and third-party games ecosystem. It aims to address limitations and gaps in creative expression within the Minecraft ecosystem by offering a free-to-play voxel sandbox game with familiar gameplay elements, extensive tools for content creators, and an interconnected ecosystem of players, creators, and contributors.

PADS Financial raised $2.2M in a  funding round from .

PADS Financial is a Web3 mortgage platform built on the Solana blockchain, revolutionizing private lending for Canadians by using blockchain technology to make the process more accessible, efficient, and transparent. It offers features like real-time underwriting, fractionalized lending, transparent pricing, and secure transactions, aiming to simplify mortgage origination and servicing for both borrowers and lenders, contributing to the modernization and growth of the private lending sector.

* fund, that lead investment round