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Crypto Fundraising weekly
Dates: 25 Feb – 03 Mar 2019

Summary

During this week 10 blockchain startups has raised $150.9M in funding:

  • Series B round: 1 startup $65M
  • Series A round: 1 startup $50M
  • Unknown round: 4 startups $21.2M
  • Seed round: 2 startups $8M
  • Public sale round:   (1 startup) $6M
  • Angel round:   (1 startup) $750K
0
$21.7M
$43.3M
$65M

Investments by ecosystem

This week's biggest funding round

Figure raised $65M in a Series B funding round from Ribbit Capital, Digital Currency Group (DCG), DST Global.

Figure is a blockchain technology startup that offers loan origination, equity management, and payments services using the Provenance Blockchain. It is considered a unicorn company globally and aims to transform the financial services industry by bringing speed, efficiency, and savings to both consumers and institutions.

Pre-seed and Seed investment rounds

VALR raised $1.5M in a Seed funding round from Bittrex Global*.

A cryptocurrency exchange based in South Africa.

Curv raised $6.5M in a Seed funding round from Digital Currency Group (DCG)*, Team8*, Jump Capital, Flybridge Capital, Liberty City Ventures.

Other investment rounds

Kava raised $1.2M in a  funding round from Digital Asset Capital Management (DACM)*, Lemniscap*, Arrington Capital, Hard Yaka, 2020 Ventures, Robot Ventures, Coil, Xpring Capital.

Kava is a lightning-fast Layer-1 blockchain that combines the interoperability of Cosmos with the developer support of Ethereum.

ThunderCore raised $50M in a Series A  funding round from Arrington Capital, Dragonfly Capital, Pantera Capital, Electric Capital, Hashed, FBG Capital, SV Angel, HTX Ventures (ex Huobi Ventures), KineticCapital, ZhenFund.

Nivaura raised $20M in a  funding round from London Stock Exchange Group(LSEG)*, Digital Currency Group (DCG), Middlegame Ventures (MGV), Orrick, HSBC.

Grove (ex Pocket Network Inc.) raised $750K in a Angel  funding round from .

Grove is a decentralized infrastructure provider that enables multi-chain user experiences at scale by offering decentralized physical infrastructure (DePIN). As the founders of Pocket Network, Grove supports over 40 different chains, providing Web3 infrastructure for building products and services. Its network's native token, POKT, plays a pivotal role in incentivizing the decentralized infrastructure ecosystem.

FOAM raised undisclosed amount in a  funding round from Placeholder.

Rain ADGM raised undisclosed amount in a  funding round from Vision Ventures.

Fetch AI raised $6M in a Public sale  funding round from .

Fetch.ai is an artificial intelligence-focused crypto protocol aims to provide the tools for developers to deploy and monetize applications by providing an autonomous machine-to-machine ecosystem.

* fund, that lead investment round

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