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Crypto Fundraising weekly
Dates: 28 Jun – 04 Jul 2021

Summary

During this week 17 blockchain startups has raised $334.2M in funding:

  • Strategic round: 1 startup $200M
  • Unknown round: 6 startups $82.8M
  • Series A round: 3 startups $35M
  • Seed round:   (5 startups) $15M
  • Pre-seed round:   (1 startup) $1M
  • Public sale round:   (1 startup) $374K
0
$66.7M
$133.3M
$200M

Investments by ecosystem

This week's biggest funding round

Mercado Bitcoin raised $200M in a Strategic funding round from SoftBank Latin America Fund.

Mercado Bitcoin is the largest cryptocurrency platform in Latin America and the only Latin American Crypto Unicorn, offering a diverse portfolio of selected cryptocurrencies, digital assets with global partners, and assets created from their own strategies to democratize access to cryptocurrencies and digital assets, allowing users to diversify and reinvent their portfolios. They are Brazil's leading cryptocurrency exchange and one of the world's most trusted exchanges in 2020.

Pre-seed and Seed investment rounds

Bling raised undisclosed amount in a Seed funding round from Coinbase Ventures.

Bling is a mobile-game platform that enables bitcoin rewards. Bling’s platform currently consists of games, as well as a software development kit (SDK) it will begin offering to other mobile game developers that includes a bitcoin rewards system, fraud detection and user value detection.

Calaxy raised $7.5M in a Seed funding round from Animoca Brands, ArkStream Capital, NGC Ventures (NEO Global Capital), Genesis Block Ventures Capital (GBV), Red Beard Ventures.

Calaxy is a platform that aims to bring fans and creators closer together through various digital features such as video calls, voice texting, and masterclasses, all built into the app. The platform utilizes fan tokens, allowing fans to purchase tokens created by their favorite artists to unlock additional perks and experiences and vote on certain things like what song a band will sing first at their next concert. Additionally, Calaxy offers the ability for creators to mint and sell NFTs through its Calaxy Collectibles feature.

Community Gaming raised $2.3M in a Seed funding round from CoinFund, Dapper Labs, Multicoin Capital, Signum Growth Capital, Kevin Durant, Thirty Five Ventures (35V).

Community Gaming’s platform allows users to organize video game tournaments on either the Ethereum mainnet, Binance Smart Chain or Polygon.

Mangrove raised $2.7M in a Seed funding round from Wintermute, QCP Soteria, Monday Capital, NOIA Capital, Zee Prime Capital, ATKA, Stake Capital.

Mangrove is an order book-based DEX with its "offer-is-code” approach to liquidity provisioning that allows liquidity providers to post arbitrary smart contracts as offers. It lists promises instead of locked commitments. Liquidity can be shared, borrowed, lent and, at the same time, be displayed in the Mangrove's order book, ready to be sourced when, and only when, an offer is hit.

Coinvise raised $2.5M in a Seed funding round from Galaxy Digital*, IDEO CoLab Ventures*, Scalar Capital, A Capital, THE LAO, Free Company, Global Coin Research (GCR), Volt Capital, DeFiance Capital.

Coinvise is an open platform on Ethereum where creators can launch and build a tokenized community.

KYVE raised $1M in a Pre-seed funding round from Permanent Ventures*, Hypersphere, 4SV (Four Seasons Ventures), Compute Ventures, Lemniscap, Bering Waters Ventures, Mechanism Capital, D1 Ventures, Volt Capital, Ava Labs, Near Foundation.

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.

Other investment rounds

Mintable raised $13M in a Series A  funding round from Ripple, Animoca Brands, Metapurse, Double Peak Group, Digital Finance Group (DFG), Spark Digital Capital.

Mintable is a next-generation non-fungible token (NFT) marketplace built on the blockchain.

Animoca Brands raised $50M in a  funding round from Blue Pool Capital, Coinbase Ventures, Gobi Partners, Korea Investment Partners, Liberty City Ventures, Samsung Venture Investment Corporation, Scopely, Token Bay Capital, zVentures.

Animoca Brands is a global leader in the Web3 space, specializing in the development and investment of blockchain-based games and experiences. With a diverse portfolio, the company empowers developers and creators to shape the future of gaming, contributing to the growth of the Web3 ecosystem. Animoca Brands stands at the forefront of the Web3 revolution, transforming the gaming industry with innovative and immersive blockchain-powered projects.

PrePO raised $1.1M in a  funding round from THE LAO, Meld Ventures, Koji Capital, Maven 11 Capital, Ryon Nixon.

PrePO is a decentralized marketplace revolutionizing pre-public investing by providing early-stage access to startups, crypto projects, and ventures. Utilizing synthetic assets on the blockchain, PrePO enables users to speculate on the potential success of pre-IPO stocks and pre-IDO tokens in a transparent, community-driven ecosystem, offering high-risk, high-reward opportunities.

Dexlab raised $1.4M in a  funding round from Solana Ventures, Parataxis Capital, Genesis Block Ventures Capital (GBV), Coin Merge Strategy (CMS), NGC Ventures (NEO Global Capital), LedgerPrime, Arca Fund, Bixin Ventures, Digital Finance Group (DFG), Race Capital, Evernew Capital, Genblock Capital, ROK Capital, Digital Currency Group (DCG), Petrock Capital, AXIA8 Ventures, Momentum 6 (M6), Dragon Roark Venture.

Dexlab is a decentralized exchange where the best Solana projects mint and list their tokens.

Valkyrie raised $10M in a Series A  funding round from Precept Capital Management, 10X Capital, UTXO Management.

Valkyrie is a specialized alternative asset management firm at the intersection of traditional finance & the emerging cryptocurrency sector.

Block Mining Group (ex Blockware Mining) raised $25M in a  funding round from .

Block Mining Group is a Bitcoin mining infrastructure and colocation service provider with its headquarters in Chicago, Illinois. The company operates in the United States, building and deploying data center infrastructure that supports the Bitcoin network.

Syndicate raised $800K in a  funding round from Jason Choi, Aya Kantorovich, Do Kwon, Balaji Srinivasan, Gabby Dizon, Stani Kulechov, Raj Gokal.

Syndicate is a decentralized investing protocol and social network that enables investors and communities to create Web3-native investing DAOs.

Solrise Finance raised $374K in a Public sale  funding round from .

Solrise Finance is a Solana-based protocol for decentralized, non-custodial asset management.

Mycelium (ex Tracer DAO) raised $4.5M in a  funding round from Framework Ventures, Digital Asset Capital Management (DACM), GSR Markets LTD, Distributed Global, Apollo Capital, Maven 11 Capital, Efficient Frontier, THE LAO, Supernova Fund.

Mycelium is a well-known market leader that uses blockchain technology to create transparent and accessible financial markets. They specialize in providing data through their Mycelium Node and offer infrastructure for derivatives exchange.

Nansen raised $12M in a Series A  funding round from Andreessen Horowitz (a16z crypto), Skyfall Ventures, Coinbase Ventures, ImToken Ventures, Mechanism Capital, QCP Capital, Fabric Ventures.

Nansen is an analytics platform for blockchain, which combines on-chain data with a massive and constantly growing database containing millions of wallet labels.

* fund, that lead investment round

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