Crypto Fundraising weekly
Dates: 24 – 30, Nov 2024

This week's biggest funding round

World Liberty Financial raised $30M in a funding round from Tron Foundation.

World Liberty Financial is a decentralized platform enabling users to earn and borrow cryptocurrency seamlessly. It combines DeFi lending protocols with rewards, allowing users to maximize asset utility while earning competitive yields. The platform focuses on accessibility and financial empowerment within the Web3 ecosystem.

Pre-seed and Seed investment rounds

Bleap raised $2.3M in a Pre-seed funding round from Ethereal Ventures*, Maven 11 Capital, Alliance DAO (ex DeFi Alliance), Robot Ventures, Credibly Neutral.

Bleap is a non-custodial fintech platform that enables users to connect their existing crypto wallets and utilize them as current accounts. With Bleap, users can spend cryptocurrencies worldwide using a debit card, send fiat to friends, buy and sell crypto directly into their connected wallets, and pay for direct debits. The platform simplifies the crypto experience by removing complexities, allowing users to manage their digital assets seamlessly.

Margarita Finance raised $1M in a Pre-seed funding round from Tomahawk VC, Outrun Ventures, N & V Capital (NV Capital), G20 Group.

Margarita Finance is an investment platform that brings Wall Street-style structured products to the crypto world, offering potentially higher yields through customizable “Yield Boosters.” Users can select their crypto asset, lock-up period, and target yield, with the platform employing options strategies to generate returns. Built on the Solana blockchain, Margarita Finance ensures high-speed, low-cost transactions, making sophisticated financial instruments accessible to a broader audience.

Astherus raised undisclosed amount in a Seed funding round from Binance Labs Fund.

Astherus is a multi-asset liquidity hub dedicated to maximizing the real yield of crypto assets. By enhancing the utility of digital assets, it empowers DeFi users with diverse opportunities to achieve sustainable profits and maximize returns. Astherus supports restaked assets across various blockchains, including BNB Chain, Ethereum, Scroll, and Solana. The protocol consists of three modular layers: dApp Layer, DeFi Infrastructure Layer, and AstherusLayer, a forthcoming Layer-1 blockchain focused on DeFi.

Avant Protocol raised $6.5M in a Seed funding round from Superlayer, GoGoPool, Avalaunch, Daybreak Digital, Linda Kreitzman.

Avant Protocol is a DeFi platform on the Avalanche network, offering avUSD, a stable-value token backed by USDC or USDT deposits. These assets are managed through market-neutral strategies to generate sustainable yields. Users can stake avUSD to earn returns, with the staked version known as savUSD.

OpenDelta raised undisclosed amount in a Pre-seed funding round from Anagram, Anatoly Yakovenko.

OpenDelta is a Bitcoin-linked stablecoin firm pioneering stable value in fiat currency through Bitcoin derivatives. It plans to launch its flagship token, USDO, in May, backed by BTC collateral and generating yield from derivatives markets. The platform aims to redefine DeFi for Bitcoin in the Runes era, offering a delta-neutral synthetic dollar.

N3MUS raised $800K in a Pre-seed funding round from Moonbeam Network*, Arrington Capital, Borderless Capital, PAKA, Metazero Capital, Frens Syndicate, Beamswap, Black Dragon, Genesis Capital VC, x21 Digital, Gemhead Capital.

N3MUS integrates web3 gaming into mainstream culture by merging traditional gaming with blockchain technology, offering essential tools for gaming studios and user-friendly solutions for gamers. It simplifies onboarding, provides a hub for discovering games, and supports game studios with scalable hosting and blockchain integration. N3MUS aims to create exceptional gaming experiences and foster a thriving community of gamers and creators.

Vanilla Finance raised undisclosed amount in a Pre-seed funding round from UOB Venture Management*, Paper Ventures*, ABCDE Capital*, HTX Ventures (ex Huobi Ventures), Ocular VC, Openspace Ventures, Signum Capital, YTWO Ventures.

Vanilla Finance is a decentralized trading platform that allows users to own 1 Bitcoin for $10 while offering up to 10,000x leverage with no risk of liquidation. Its innovative “3rd Generation Contract Product” simplifies crypto trading, enabling users to profit by predicting small price changes over short periods. With flexible token options, holding periods, and target prices, Vanilla Finance delivers an accessible trading experience.

Schuman Financial raised $7.4M in a Seed funding round from RockawayX*, Kraken Ventures, Nexo Ventures, Lightspeed Faction, Gnosis DAO, Delta Blockchain Fund, Bankless Ventures, Archblock, Daedalus.

Schuman Financial is the issuer of EURØP, a fully euro-backed stablecoin compliant with MiCA regulations. Designed for global users, EURØP provides a secure, transparent, and efficient way to transact on-chain with euros. It ensures stability with 1:1 backing by cash and cash equivalents and offers seamless integration for businesses and exchanges to bring euro-denominated transactions on-chain.

BRKT raised $1.8M in a Seed funding round from Foresight Ventures*, Orange DAO, V3V Ventures, MEXC Ventures, 280 Capital, Triton Liquid Fund, Movement Labs, Silvermine Capital, Nibiru Chain.

BRKT is a decentralized betting platform allowing users to participate in prediction markets for competitive events. Players can earn rewards by wagering on brackets, gaining in-game “Crowns” for bets and referrals. Built for Web3 enthusiasts, BRKT combines gaming, social engagement, and crypto rewards for an interactive betting experience.

OpenTrade raised $4M in a Seed funding round from AlbionVC*, CMCC Global, Andreessen Horowitz (a16z crypto).

OpenTrade is a decentralized finance (DeFi) protocol platform offering institutional-grade lending and yield products tailored for fintechs and institutional investors in both Web2 and Web3 ecosystems. It combines technology infrastructure with legal and operational frameworks to support compliant and scalable financial services, including liquidity pools for assets like U.S. Treasury bills and investment-grade commercial paper. OpenTrade's platform, running on Ethereum and Polygon blockchains, facilitates tokenized fixed-income products and enables businesses to access financing from a network of non-bank lenders within existing systems.

Qooverse (Qoomon) raised undisclosed amount in a Pre-seed funding round from Paper Ventures*, Animoca Brands, Beam, Merit Circle.

Qooverse is a Web3 game studio developed fast-paced blockchain-powered trading card game (TCG) where players build teams of unique Qoomons to compete in strategic 3-minute matches. Leveraging a win-to-earn model, players earn tokens by outsmarting opponents in dynamic, location-based gameplay. Designed as a Progressive Web App (PWA), Qooverse emphasizes accessibility and fast onboarding, offering high-stakes rewards and strategic depth.

Tren Finance raised undisclosed amount in a Seed funding round from Contango Digital Assets, Maven Capital, Moonrock Capital, OIG Capital (Oracles Investment Group), Spyre Capital, Metabros, Ozaru Ventures.

Tren Finance is a decentralized liquidity protocol using Proof-of-Liquidity and Hooks to optimize treasury and liquidity management for DAOs and DeFi projects. It enables (re)collateralization of LP tokens, money market deposits, and staked positions, enhancing protocol stability, growth, and capital efficiency through customizable liquidity strategies.

Other investment rounds

U2U Network raised $3.8M in a  funding round from KuCoin Ventures, Chain Capital, IDG Capital, Cointelegraph Acceleration, JDI Ventures, Tesseract Capital, Blockhive Capital, Maxx Capital Official, UB Ventures (universal bitcoin ventures), V3V Ventures.

U2U Network is a DAG (Direct Acyclic Graph) based and EVM-compatible blockchain focused on revolutionizing real-world applications with infinite scalability and decentralization on demands. U2U Network facilitates complex, high-performance decentralized applications with unmatched security and efficiency, as well as is committed to delivering the one-stop solution for enterprise-level needs.

Margarita Finance raised undisclosed amount in a Grants  funding round from Solana Foundation.

Margarita Finance is an investment platform that brings Wall Street-style structured products to the crypto world, offering potentially higher yields through customizable “Yield Boosters.” Users can select their crypto asset, lock-up period, and target yield, with the platform employing options strategies to generate returns. Built on the Solana blockchain, Margarita Finance ensures high-speed, low-cost transactions, making sophisticated financial instruments accessible to a broader audience.

Pulse raised $400K in a  funding round from Echo.

Pulse is an open health network empowering users to control and monetize their health data. It allows individuals to manage their personal health information and earn rewards for sharing it. The platform also focuses on creating exclusive communities around fitness challenges and achievements, providing a space for private, invite-only experiences centered on health and performance.

PinGo raised undisclosed amount in a  funding round from UFLY Labs.

PinGo leverages AI, DePin, and Decloud solutions to optimize idle computing resources, creating a decentralized infrastructure for building AI models. It offers access to global CPU resources, advanced clustering technology, and secure transactions. By addressing fragmented and underutilized computational power, PinGo democratizes access to essential resources for machine learning applications, driving innovation and efficiency.

Moongate raised $2.5M in a  funding round from CMCC Global, Coingecko, Cogitent Ventures, Token Bay Capital, Penrose Tech, Matterblock, RNR Capital, PHD Capital, Ape Terminal, Decubate, ChainGPT, Ivan on Tech, Mario Nawfal, Brian Rose.

Moongate is an integrated platform empowering brands and event organizers to enhance community engagement through NFT tickets and memberships, offering exclusive experiences and benefits. With features like ticket creation, membership programs, benefit campaigns, and customer analytics, Moongate simplifies the process for vendors to interact with customers before, during, and after events, fostering brand loyalty and community interaction using blockchain technology seamlessly integrated with Web2.

Igloo (Abstract L2) raised undisclosed amount in a  funding round from Animoca Brands.

Parent company to Pudgy Penguins and OverpassIP, developing a new consumer-focused Layer 2 blockchain called Abstract.

Partior raised $20M in a Series B  funding round from Deutsche Bank.

Partior is revolutionizing financial market infrastructure with its decentralized, programmable, and always-on platform. Utilizing a global unified ledger, Partior enables seamless, secure, and scalable movement of liquidity, addressing inefficiencies such as settlement delays and high operating costs. The platform supports real-time cross-border multi-currency payments, Payments versus Payments (PvP), Delivery versus Payments (DvP) settlements, and trade finance functions. Partior’s interoperability with both digital and non-digital asset networks ensures comprehensive and efficient financial transactions.

Rarimo raised $2.5M in a  funding round from Vitalik Buterin, Keone Hon, Nick White, Daniel Lubarov, Zachary Williamson, Stefan George.

Rarimo is a multi-chain protocol addressing liquidity, access, and interoperability for fungible and non-fungible assets. It enables seamless token transfers, staking, and cross-chain proof of ownership. By leveraging a permissionless ZK Registry, Rarimo redefines identity management with client-side proving, offering censorship-resistant solutions that respect user anonymity while maintaining historical interaction continuity.

Girin Labs raised $300K in a  funding round from CRIT Ventures.

Girin Labs focuses on building user-friendly infrastructure and DeFi systems within the XRP Ledger and the Root Network ecosystem. Girin Labs developing the Girin Wallet, an XRPL-focused Web3 wallet supporting social login, and Lotus Protocol, the first lending and liquid staking token (LST) protocol on the Root Network, offering sustainable yield farming for XRP holders. Girin Labs aims to further onboard users and revolutionize the XRP Ledger and Futureverse ecosystems through their innovative solutions.

Talus Network raised $6M in a Strategic  funding round from Polychain Capital*, Foresight Ventures, Animoca Brands, GeekCartel, Echo, MH Ventures, Aspen Digital, Sudo Research, Sandeep Nailwal, Kenzi Wang, Nick Emmons.

Talus Network is an blockchain platform aims to revolutionize consumer AI applications through decentralization, addressing the limitations of centralized AI systems. By incorporating Move's smart contract security, performance, and object-oriented programming, Talus provides a robust ecosystem for various AI smart agent applications, including DeFi, intents, gaming, governance, and Initial Model Offering (IMO). The MoveVM technology enhances security, speed, and developer experience, enabling the creation of performant applications with increased safety and efficiency.

Balance (E-PAL) raised $10M in a  funding round from Animoca Brands, Amber Group, GSR Markets LTD, MARBLEX Corp., Bing Ventures, Web3Port Labs, Mask Network, Nonagon Capital.

Balance, developed by the E-PAL team, is a Web3 gaming platform designed to revolutionize the gaming industry with blockchain and AI technologies. With a traffic pool of 2.4 million Web2 users, Balance aims to create an open, inclusive, and fair gaming ecosystem. The platform allows developers to build and promote games more efficiently, while offering players a diverse and personalized experience, driving growth within the Web3 gaming sector.

Lumoz (ex Opside) raised undisclosed amount in a  funding round from UFLY Labs.

Lumoz is a Modular Compute Layer and ZK-RaaS platform that utilizes a PoW mining mechanism to provide ZKP arithmetic for ZK-Rollup. By integrating a hybrid consensus mechanism of PoS and PoW, Lumoz offers a streamlined solution for Web3 developers, enabling the generation of zkEVM application chains with a single click. Its innovative approach simplifies ZK-Rollup usage and promotes wider adoption, while also providing miners with a beneficial environment for participating in zkEVM maintenance and ZKP calculation across multiple public chains.

Datalayer raised undisclosed amount in a  funding round from Connectico Capital.

Datalayer is a Layer 1 blockchain platform designed for user-owned data, personal chains, and AI integration. It allows users to control and monetize their data with privacy-focused personal chains, train decentralized AI models, and participate in a seamless data exchange ecosystem. With applications like Casho, Datalayer enables users to earn crypto for sharing data while maintaining ownership and transparency.

LibertyRoad Capital raised undisclosed amount in a M&A  funding round from Hilbert Group.

LibertyRoad Capital is a crypto asset management firm specializing in enhancing the yield of Bitcoin (BTC) and Ethereum (ETH) holdings through sophisticated investment strategies. The firm employs advanced technologies, including artificial intelligence and machine learning, to navigate the BTC and ETH volatility surfaces, aiming to provide significant additional returns beyond traditional staking or repo methods.

Kernel DAO raised $10M in a  funding round from Binance Labs Fund, SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Cypher Capital, Draper Dragon, ArkStream Capital, Digital Asset Capital Management (DACM), HTX Ventures (ex Huobi Ventures), GSR Markets LTD, Cluster Capital, LongHash Ventures, ViaBTC Capital, Side Door Ventures, NOIA Capital, DWF Labs, AVID3.

Kernel DAO is a restaking protocol designed to enhance the security and utility of staked assets on the BNB Chain. It maximizes rewards for users, reduces bootstrapping costs, and strengthens decentralized security for applications and middleware. KernelDAO offers liquid restaking for ETH and other assets through its multichain infrastructure, allowing developers and users to participate in innovative staking opportunities.

Pay so raised undisclosed amount in a M&A  funding round from Request Finance.

Pay.so is a global payment platform connecting cryptocurrency with fiat currencies across 170+ countries. It enables users to make crypto-to-fiat payments, accept crypto payments with ease, and access robust developer tools like APIs for integration. Pay.so focuses on seamless user experience, low fees, and compliance, making it ideal for Web3 businesses, freelancers, and marketplaces.

* fund, that lead investment round