Crypto Fundraising weekly
Dates: 23 – 29, Aug 2021

This week's biggest funding round

Blockstream raised $210M in a Series B funding round from Bitfinex*, Baillie Gifford.

Blockstream is the global leader in Bitcoin and timechain technology, providing Bitcoin and blockchain technology solutions for financial markets. It builds crypto-financial infrastructure based on Bitcoin.

Pre-seed and Seed investment rounds

Royal raised $16M in a Seed funding round from Paradigm, Founders fund, Atomic.

Royal is a platform where you can buy ownership in songs directly from your favorite artists and earn royalties with them.

MatrixETF raised undisclosed amount in a Seed funding round from Spark Digital Capital, Coin Merge Strategy (CMS), Morningstar Ventures, Ascensive Assets, Divergence, Genesis Block Ventures Capital (GBV), Moonrock Capital, AU21 Capital, Solana Ventures.

MatrixETF is a decentralized ETF platform supporting cross chain.

Hedgehog raised $1.6M in a Seed funding round from Dragonfly Capital, Y Combinator, Baroda Ventures.

Hedgehog is a cryptocurrency robo-adviser that connects to all your wallets and exchanges to connect you with the best prices, automatically.

OpenSwap raised $1.5M in a Seed funding round from NGC Ventures (NEO Global Capital), Arche Fund (Coin98 Ventures), Block Rock (BR) capital, Legos Capital, Double Peak Group, Amatus Capital (ex Prime Block Capital), Illusionist Group.

OpenSwap is an integrated one-stop DeFi Hub that currently features a DEX aggregator helping users find the best on-chain swap options.

Vera raised $3M in a Seed funding round from Animoca Brands, Genesis Block Ventures Capital (GBV), OKX Ventures (ex OKEx Blockdream Ventures), Krypital Group, Shima Capital, SL2 Capital.

Vera is the most powerful open financial platform for non-fungible token (NFT) assets.

Other investment rounds

Euler raised $8M in a Series A  funding round from Paradigm*, Lemniscap, LAUNCHub Ventures, CMT Digital, Divergence, Double Top, Kain Warwick.

Euler is a capital-efficient permissionless lending protocol that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party.

Apricot raised $4M in a  funding round from Lemniscap, Delphi Digital, Advanced Blockchain AG, SkyVision Capital, LedgerPrime, Gate Labs, MEXC, Solana Ventures, Valhalla Capital, Bixin Ventures, GSR Markets LTD, Solar Eco Fund, Global Coin Research (GCR), A41, Struck Capital, Smrti Lab, CryptoJ.

Apricot is a next-gen lending protocol that supports leveraged yield farming on Solana.

Alethea Artificial Liquid Intelligence raised $16M in a  funding round from Metapurse, Multicoin Capital, Crypto com Capital, Alameda Research, Mark Cuban, Dapper Labs, Galaxy Digital, BITKRAFT Ventures.

Alethea AI is an Intelligent Metaverse that aims to preserve and evolve the culture and collective Intelligence.

* fund, that lead investment round