Crypto Fundraising weekly
Dates: 24 – 30, Jan 2022

This week's biggest funding round

FTX US raised $400M in a Series A funding round from Paradigm, Temasek, NEA, Multicoin Capital, Tribe Capital, Ontario Teachers Pension Plan, SoftBanks Vision Fund 2, Greenoaks Capital, Steadview Capital, Lightspeed.

FTX US is a US-regulated cryptocurrency exchange, built from the ground up.

Pre-seed and Seed investment rounds

Relation raised undisclosed amount in a Seed funding round from Hashkey Capital, SNZ Holding, Signum Capital.

Data service provider.

BlockPI raised $3M in a Seed funding round from NGC Ventures (NEO Global Capital), Hashkey Capital, SNZ Holding, Shima Capital, Coin Merge Strategy (CMS), LD Capital, Continue Capital, Math Wallet, StaFi Protocol, LucidBlue Ventures.

A decentralized cross-chain service network.

Aleph Zero raised $2.9M in a Seed funding round from JUN Capital, Petrock Capital, Genblock Capital, Node Capital, Black Dragon, Bock54 Capital, BlockUnify, Master Ventures, Supernova Fund.

Aleph Zero is a privacy-enhancing public blockchain featuring integration with the Substrate stack, it solves the shortcomings of current distributed ledger technology platforms by offering superior speed, validation time, scalability, and security.

Atomic Form raised undisclosed amount in a Seed funding round from SINO Global Capital, Samsung Next, Mechanism Capital, Animoca Brands, Wave Financial.

A full stack solution for non-fungible tokens (NFTs) and digital media. Atomic Form makes hardware and software for NFTs and Web3 media, builds for a blockchain-based internet-of-property that spans networks, currencies, video games, art, collectibles, and identification.

TRLab raised $4.2M in a Seed funding round from Animoca Brands, Bertelsmann Asia Investments (BAI), Kenetic, Metapurse, INCE Capital, Plutus Capital Partners, StableNode, BAI Capital, Digital Renaissance, Gabby Dizon.

TRLab is a platform for discovering and collecting NFT art from the world's leading artists. TRLab's mission is to offer extraordinary NFT works to collectors and art lovers alike, as well as to empower the next generation of the art community by unlocking access to groundbreaking projects. In addition to its auction platform and concierge team, TRLab offers end-to-end service for both artists and collectors to engage with NFT art from digital production to direct issuance.

DROPP raised $8M in a Seed funding round from Animoca Brands, Three Arrows Capital, DeFiance Capital, Alameda Research, The Spartan Group, Genblock Capital, Antifund VC, Kevin Lin.

DROPP is a NFT minting platform to work with renowned artists enabled by geo-minting technology.

Superdao raised $10.5M in a Seed funding round from One Block Capital Advisory, Shima Capital, SignalFire, Alliance DAO (ex DeFi Alliance), Fika Ventures, Pear VC, Norwest Venture Partners, Great Oaks Venture Capital, Protocol Labs, DIGITAL (Steve Cohen).

An operating system for DAOs.

HAL raised $3M in a Seed funding round from CoinFund, Animoca Brands, Wintermute, SkyVision Capital, ImToken Ventures, Bitcoin.com, Eden Block, Hashkey Capital.

HAL is a digital asset management tool for developers, protocols and companies to query, trigger, monitor and automate blockchain data.

Chain of Alliance raised $2.4M in a Seed funding round from Animoca Brands, The Spartan Group, Overwolf, Arche Fund (Coin98 Ventures), Kyros Ventures, Dialectic.

Chain of Alliance is an RPG Gaming Multiverse where players battle against other players, customize and level up characters, earn and collect NFTs.

Flint raised $5.1M in a Seed funding round from Sequoia Capital*, Global Founders Capital (GFC)*, Coinbase Ventures, Hashed, IOSG Ventures, Saison Capital, Antler, Sandeep Nailwal, Do Kwon, Jaynti Kanani.

Flint is a crypto investment app, which offers passive income generating opportunities in the crypto market for users with moderate risk profiles who are not active traders.

Other investment rounds

Prism Protocol raised undisclosed amount in a  funding round from Hashed, Terraform Labs, Jump Crypto.

PRISM is a revolutionary derivatives protocol that introduces new asset classes in DeFi.

Astar Network raised $22M in a Strategic  funding round from Polychain Capital, Alameda Research, Animal Ventures, Crypto.com Capital, GSR Markets LTD, Vessel Capital, Injective, Alchemy Ventures, Digital Finance Group (DFG), ROK Capital, Scytale Ventures.

Astar Network is a polkadot native dApp hub supporting Ethereum VM, WebAssembly and Layer2.

Corite raised $6.2M in a  funding round from ChromaWay, KuCoin Labs, Gate Labs, MEXC, Shima Capital, Rarestone Capital, Kyros Ventures, Arche Fund (Coin98 Ventures), Parachain Ventures, NGC Ventures (NEO Global Capital).

Corite is a music and tech startup that aims to create own unique approach to funding artists.

zkSync raised $200M in a  funding round from BitDAO*.

zkSync is a trustless protocol for scalable low-cost payments on Ethereum, powered by zkRollup technology.

Galxe (ex Galaxy) raised $10M in a Series A  funding round from Multicoin Capital*, Dragonfly Capital (ex Metastable Capital)*, The Spartan Group, Coinbase Ventures, Binance Labs Fund, Solana Ventures, Lattice Fund, Jump Capital, Alameda Research, Hashkey Capital, 6th Man Ventures (6MV), Republic, Shima Capital, Zee Prime Capital, Folius Ventures, Sfermion, Draper Dragon, Mirana Ventures, Sky9 Capital, Matrixport Ventures, Smrti Lab, Mask Network, Cultur3 Capital, Evernew Capital.

A collaborative credential infrastructure that empowers brands to build better communities and products in Web3.

BreederDAO raised $10M in a Series A  funding round from Andreessen Horowitz (a16z crypto)*, Delphi Digital*, Hashed, Morningstar Ventures, Mechanism Capital, Sfermion, THE LAO, com2us, Emfarsis, Infinity Ventures Crypto (IVC), Yield Guild Games (YGG), Ascensive Assets, Bitscale Capital, Mentha Partners.

The NFT asset factory of blockchain games. They provide high-volume asset production, tailored to specification, for some of the largest guilds in the Metaverse so they can supercharge their Play-To-Earn economies.

Swing (ex Polkaswitch) raised $6M in a Strategic  funding round from Republic Capital (ex Republic Labs)*, Celer, Bitcoin.com, Morningstar Ventures.

Cross-chain Interoperability infrastructure built for crypto developers and traders.

* fund, that lead investment round