Crypto Fundraising weekly
Dates: 29 Jun – 05 Jul 2020

Summary

During this week 11 blockchain startups has raised $105.9M in funding:

Strategic round: 5 startups $62.7M
Series A round: 1 startup $23M
Unknown round: 3 startups $12.1M
Seed round: 2 startups $8.1M

$20.9M

$41.8M

$62.7M

Investments by ecosystem

This week's biggest funding round

B2C2 raised $30M in a Strategic funding round from SBI Financial Services.

Pre-seed and Seed investment rounds

Vendia raised $5.1M in a Seed funding round from Neotribe Ventures*, Correlation Ventures, WestWave Capital.

Stadium Live raised $3M in a Seed funding round from .

Other investment rounds

DerivaDAO raised $2.7M in a Strategic funding round from Coinbase Ventures, Polychain Capital, CMS Holdings, Electric Capital, Three Arrows Capital, Calvin Liu.

Curv raised $23M in a Series A funding round from Coinbase Ventures, Digital Currency Group (DCG), DG Lab Fund, CommerzVentures.

The Graph raised $5M in a Strategic funding round from Coinbase Ventures*, Multicoin Capital*, ParaFi Capital*, Digital Currency Group (DCG)*, Lemniscap*.

An indexing protocol for querying networks like Ethereum and IPFS. Anyone can build and publish open APIs, called subgraphs, making data easily accessible.

Polygon (ex Matic Network) raised undisclosed amount in a funding round from High Naut Capital*.

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.

Hut 8 Mining raised $6.1M in a funding round from Fidelity International Strategic Ventures*, Gravitas Securities Inc..

ECXX Global raised $6M in a funding round from .

SPiCE VC raised undisclosed amount in a Strategic funding round from VIVA Investment Partners*.

Circle raised $25M in a Strategic funding round from Digital Currency Group (DCG)*.

Circle is a global financial technology company that offers a range of products and services related to digital assets. Its flagship product, USD Coin (USDC), is a stablecoin pegged to the US dollar and fully backed by cash and US Treasury bonds. Circle also provides a cryptocurrency exchange, payment processing, and financial tools for businesses, making it a popular choice for both individual users and businesses looking to engage with digital assets securely and efficiently.

* fund, that lead investment round

Crypto Fundraising weeklyDates: 29 Jun – 05 Jul 2020