Crypto Fundraising weekly
Dates: 25 – 31, May 2020

This week's biggest funding round

LayerX raised $27.8M in a funding round from JAFCO*, ANRI*, YJ Capital*.

Pre-seed and Seed investment rounds

Magic Oranges raised $4M in a Seed funding round from Placeholder*, Lightspeed, Social Capital, SV Angel, Volt Capital, Unusual Ventures, Roham Gharegozlou.

Magic raised $4M in a Seed funding round from Placeholder*, Lightspeed, SV Angel, Social Capital, Cherubic Ventures, Volt Capital, Roham Gharegozlou.

Magic is a wallet-as-a-service provider that enables businesses to onboard users into the web3 ecosystem by offering instant non-custodial wallet creation. It simplifies the onboarding process by utilizing email or social logins instead of seed phrases or browser extensions, providing a familiar web2 experience. Magic's developer SDK offers products like Magic Connect and Magic Auth, allowing passwordless web3 onboarding and authentication through magic links, making integration seamless and secure.

Floating Point Group raised $2M in a Seed funding round from Borderless Capital, BoxOne Ventures, Steve Kokinos.

Carry1st raised $2.5M in a Seed funding round from CRE Venture Capital*, Lateral Capital, Future Hub, Perivoli Innovations, Chandaria Capital.

Carry1st is the leading publisher of Web3 and social games, and interactive content in Africa.

Credmark raised undisclosed amount in a Seed funding round from LongHash Ventures*.

Other investment rounds

Custos tech raised $50K in a  funding round from Block.one.

Casper Network raised undisclosed amount in a  funding round from Draper Goren Holm (DGH)*.

Casper is a proof of stake blockchain network optimized for enterprise and developer adoption.

SatoshiPay raised undisclosed amount in a  funding round from Stellar Development Foundation (SDF).

Unum ID raised $50K in a  funding round from EOS VC Fund*.

StaTwig raised undisclosed amount in a  funding round from LongHash Ventures*.

CoinDCX raised $2.5M in a  funding round from Polychain Capital*, Coinbase Ventures.

CoinDCX is India's safest crypto exchange, with a dedicated focus on making crypto accessible.

* fund, that lead investment round