Crypto Fundraising weekly
Dates: 25 – 31, Oct 2021

This week's biggest funding round

Alchemy raised $250M in a Series C funding round from Andreessen Horowitz (a16z crypto)*, Lightspeed, Redpoint, Coatue, Addition, DFJ Growth, Pantera Capital.

Alchemy is a Web3 developer platform focused on making blockchain development easy.

Pre-seed and Seed investment rounds

Nyan Heroes raised $2.5M in a Seed funding round from Mechanism Capital*, DeFiance Capital*, Three Arrows Capital*, SINO Global Capital, Solana Ventures, Yield Guild Games (YGG), Merit Circle, SkyVision Capital.

Nyan Heroes is an NFT game built on the Solana blockchain, that is part of the "play to earn" metaverse.

Ruby.Exchange raised $2.8M in a Seed funding round from NGC Ventures (NEO Global Capital), Flow Ventures, Wintermute, SKALE Ecosystem Fund, Morningstar Ventures, Yield Ventures, Hashkey Capital, CitizenX Crypto Ventures, ZBS Capital.

Ruby Exchange is the flagship AMM on SKALE Network and features a robust feature set including gemstone NFTs and advanced analytics to offer a better trading experience for users.

Cryptoys raised $7.5M in a Seed funding round from Andreessen Horowitz (a16z crypto), Dapper Labs, CoinFund, Sound Ventures, Collab+Currency, WndrCo Ventures, Draper Associates, Ashton Kutcher.

Cryptoys is an NFT native digital platform crafting fully interactive collectibles, Play-to-Earn games, and immersive next-level experiences.

Other investment rounds

Beta Finance raised $5.8M in a  funding round from Sequoia Capital*, ParaFi Capital, DeFiance Capital, The Spartan Group, GSR Markets LTD, Delphi Digital, Multicoin Capital.

Beta Finance is a cross-chain permissionless money market protocol for lending, borrowing, and shorting crypto.

Elementus raised $12M in a Series A  funding round from Velvet Sea Ventures*, Lightspeed, Blockchain.com (Blockchain Ventures), Gemini Frontier Fund, BlockFi, Avon Ventures, Alameda Research.

Elementus is a data-first web3 company whose blockchain data intelligence platform helps forward-thinking, data-driven organizations of all sizes to leverage the power of blockchain.

QuickNode raised $35M in a Series A  funding round from Tiger Global*, Arrington Capital, Seven Seven Six Ventures, Crossbeam Venture Partners, Soma Capital, Anthony Pompliano.

QuickNode is an all-in-one blockchain development platform that offers a global API with access to multiple blockchains and networks, along with high-leverage tools and expert support. Its mission is to simplify blockchain infrastructure and help developers build and scale Web3 applications.

Minima raised $6.5M in a Series A  funding round from AGE Crypto Asset Investment Fund, GSR Markets LTD, SMO Capital, Vinny Lingham.

Minima is a cooperative network that enables everyone to freely connect; a blockchain where every user runs a complete constructing and validating node.

KYVE raised $2.8M in a  funding round from Hypersphere*, Permanent Ventures*, Coinbase Ventures, Mechanism Capital, Distributed Global, Coin Merge Strategy (CMS), Volt Capital, Zee Prime Capital, Octopus Ventures, 4SV, Flori Ventures, Justin Kan.

KYVE is a decentralized archiving and caching solution that allows modern blockchains and decentralized applications (dApps) to store and serve data reliably. The network uses Arweave to ensure scalability, immutability, and availability of data streams over time. KYVE also features an autonomous governance system that enables staking and slashing $KYVE tokens for network participants, who can run customizable nodes and receive rewards for meeting objectives.

LandVault (ex Admix) raised $25M in a Series B  funding round from Elefund*, DIP Capital*, Force Over Mass Capital, Notion Capital, Speedinvest, Rocket Capital, Colopl Next, Sure Valley Ventures, Side Door Ventures, Kuvi Capital.

LandVault is the largest metaverse construction company that has pivoted into building metaverse infrastructures. The company's strategy is a combination of multiple elements of technology as well as provides assistance in real estate acquisition, financial analysis, and online marketing, enabling companies with an online virtual world that incorporates augmented reality, virtual reality, 3D holographic avatars, video and other means of communication.

Label raised $1M in a Strategic  funding round from HG Ventures*, GBIC (Global Blockchain Innovative Capital), Mindfulness Capital, IOST Foundation, Momentum 6 (M6), Adaptive Lab, Icetea Labs, Alphabit, Pragma Ventures.

LABEL is a blockchain-based music platform that uses a Listen-And-Earn mechanism to reward users with utility tokens for their music playback time, which can be spent within the platform or given to musicians. It also includes an incubation program for musicians and an NFT marketplace for musicians' assets and IP sales.

* fund, that lead investment round