Crypto Fundraising weekly
Dates: 29 Mar – 04 Apr 2021

This week's biggest funding round

NBA Top Shot raised $305M in a Strategic funding round from Coatue, The Chernin Group (TCG Crypto), Andreessen Horowitz (a16z crypto), Union Square Ventures (USV), Michael Jordan, Kevin Durant.

NBA Top Shot is an NFT marketplace that allows people to collect and trade video clips, known at NBA Top Shot as Moments, from National Basketball Association and Women's National Basketball Association games. The project is a collaboration between the NBA, the NBA Players Association and Dapper Labs and was launched in 2020.

Pre-seed and Seed investment rounds

Greenwood raised $2M in a Seed funding round from Polychain Capital, Blockchain Capital, Robot Ventures.

Greenwood Finance is a decentralized finance platform that helps crypto borrowers pay less interest on their loans.

Zeitgeist raised $1.5M in a Seed funding round from D1 Ventures, Genblock Capital, AU21 Capital, Digital Renaissance, A195 Capital, Blocksync Ventures.

Zeitgeist is an evolving blockchain for prediction markets and futarchy. Zeitgeist is built for the Polkadot and Kusama ecosystem and envisions itself as a hub for prediction markets on Web3.

LayerZero raised $2M in a Seed funding round from .

LayerZero is messaging protocol that allows for interoperability and facilitates seamless cross-chain messaging across countless blockchains. It provides the underlying infrastructure needed for decentralized applications (dApps) to live across multiple blockchains.

NFTScan raised undisclosed amount in a Seed funding round from Y2Z Ventures*.

NFTScan is a developer of a non-fungible token explorer and analytics platform, offering asset data and visual analysis. The platform provides professional data search and query functions, including collections, contracts, and wallet addresses, enabling users to make informed investment decisions in the NFT space.

DELV (ex Element) raised $4.4M in a Seed funding round from Andreessen Horowitz (a16z crypto)*, Placeholder*, SV Angel, A Capital, Scalar Capital, Robot Ventures, Stani Kulechov, Robert Leshner.

The Element brings the attractive high fixed rate yields that DeFi users crave while maximizing capital efficiency, creating market liquidity, and reducing user costs.

Gro raised $7.1M in a Seed funding round from Galaxy Digital, Framework Ventures, Northzone.

Gro is a yield optimizer that enables leverage and protection through risk tranching.

Other investment rounds

Work Quest raised $1.2M in a  funding round from Prom (ex Prometheus Labs), Kyros Ventures, Magnus Capital, Titans Ventures.

WorkQuest is integrating DeFi and Recruitment under one platform. Global end-to-end jobs marketplace powered on smart-contracts.

MakiSwap raised $1.4M in a  funding round from Inclusion Capital, Kenetic, LD Capital, NGC Ventures (NEO Global Capital), P2 Ventures (Polygon Ventures), DAO Maker, Momentum 6 (M6), AU21 Capital.

MakiSwap is an AMM and Yield Farming platform built on Huobi Eco Chain (HECO).

Equalizer Finance raised undisclosed amount in a  funding round from Rarestone Capital, Moonwhale Ventures, Magnus Capital, Master Ventures, Genblock Capital, LD Capital, Exnetwork Capital, Orion Protocol, NGC Ventures (NEO Global Capital), Blocksync Ventures, AU21 Capital.

The first dedicated platform that equalizes the decentralized markets. Specially designed as a marketplace for uncollateralized flash loans.

Mask Network raised undisclosed amount in a Strategic  funding round from Binance.

Mask Network is a decentralized portal that allows users to seamlessly send encrypted messages.

Enex Space raised undisclosed amount in a  funding round from AU21 Capital, Kyros Ventures, Exnetwork Capital, Pluto Digital, x21 Digital, Blocksync Ventures.

First decentralized exchange powered by Enecuum Network.

OpenOcean raised undisclosed amount in a  funding round from Altonomy, LD Capital, AU21 Capital, FBG Capital, DAO Maker, Tron Foundation, Lian Group.

OpenOcean is a DEX aggregator.

Custodia (ex Avanti) raised $37M in a Series A  funding round from Binance, Coinbase Ventures, Morgan Creek Capital.

Custodia is a bank formed to be a compliant bridge between digital assets and the U.S. dollar payments system, and a custodian of digital assets that can meet the strictest level of institutional custody standards.

Zora raised $8M in a  funding round from Coinbase Ventures.

The open protocol to buy, sell and curate NFTs on Ethereum.

Offchain Labs (Arbitrum) raised $20M in a Series A  funding round from .

Arbitrum is a layer-2 solution project aimed at improving the speed and scalability of Ethereum smart contracts while providing additional privacy features. It allows developers to execute unmodified Ethereum Virtual Machine (EVM) contracts and transactions at layer-2 while maintaining Ethereum's layer-1 security. It was created to address some of the shortcomings of current Ethereum-based smart contracts, such as long transactions and high execution costs.

Legends of Crypto (LOC) raised undisclosed amount in a Strategic  funding round from Signum Capital, LD Capital, NGC Ventures (NEO Global Capital), AU21 Capital, OKX Ventures (ex OKEx Blockdream Ventures).

LOC is a blockchain and DeFi powered game with yield-generating NFTs and a native marketplace. Collect, play, earn and have fun at the same time.

Enjin raised $19M in a  funding round from Digital Finance Group (DFG), Hashed, BlockTower Capital, Blockchain com (Blockchain Ventures), Fenbushi Capital, Arrington Capital.

Enjin offers a suite of integrated products that make non-fungible tokens (NFTs) easy for individuals, businesses, and developers. Enjin coin provides a new model of virtual ownership to the gamers and content creators.

Blockswap Network raised $2.5M in a  funding round from NGC Ventures (NEO Global Capital), Digital Finance Group (DFG), Wave Financial, Algorand Foundation, Zee Prime Capital, Fourth Revolution Capital (4RC).

BlockSwap Network is an automated stake liquidity protocol. The BlockSwap protocol aims to bring fixed income products to DeFi through its sustainable yield farming and Proof of Stake assets.

OVEX raised $4M in a  funding round from Alameda Research.

OVEX is a Cape Town based cryptocurrency exchange. OVEX allows South Africans to buy and sell digital assets and offers an interest account that gives users the chance to earn up to seven percent interest on crypto balances.

Mixsome raised $2.7M in a  funding round from Alphabit, Genblock Capital, Arche Fund (Coin98 Ventures), Spark Digital Capital, Coin Merge Strategy (CMS), Kyros Ventures, Blocksync Ventures, Biconomy, Iconomy Partners, A195 Capital, Master Ventures, GBIC (Global Blockchain Innovative Capital).

Mixsome is a DeFi Flow Tool that helps create and optimize DeFi strategies by allowing users to view complex DeFi tokens and protocols in simple flows.

imToken raised $30M in a Series B  funding round from Qiming Venture Partners, IDG Capital, Breyer Capital.

imToken is a secure crypto and bitcoin wallet.

Delta Exchange raised $5M in a  funding round from Kyber Ventures, SINO Global Capital, The Spartan Group, CoinFund, G1 Ventures, gumi Cryptos Capital (gCC), BR Capital.

Delta Exchange is a crypto derivatives exchange and supports trading of Bitcoin futures and futures on over 50 top DeFi coins and altcoins. The exchange also offers options on Bitcoin, Ether, Litecoin, Link and BCH.

PAID Network raised undisclosed amount in a  funding round from Binance.

PAID Network is an ecosystem DAPP that leverages blockchain technology to deliver DeFi powered SMART agreements.

Kattana raised $1.3M in a Strategic  funding round from Morningstar Ventures, Spark Digital Capital, ZBS Capital, Black Edge Capital, Moonrock Capital, Digital Finance Group (DFG), Ascensive Assets.

Kattana is the professional trading terminal. Kattana's mission is to enhance users trading experience by bridging the gap between user and all existing cryptocurrency markets.

SuperRare raised $9M in a Series A  funding round from 1confirmation*, Velvet Sea Ventures*, Samsung Next, Sound Ventures, THE LAO, Collaborative Fund, Shrug Capital, Third Kind Venture Capital (3kvc), Mark Cuban, Naval Ravikant.

SuperRare is a NFT art platform.

Moonbeam raised $6M in a  funding round from CoinFund, Binance Labs Fund, ParaFi Capital, Coinbase Ventures, Fenbushi Capital, IOSG Ventures.

Glimmer is a token of the Moonbeam Network, Ethereum-compatible smart contracts platform on a Polkadot parachain.

Liquity raised $6M in a Series A  funding round from Pantera Capital, Alameda Research, IOSG Ventures, AngelDAO, Meltem Demirors.

Liquity is a decentralized protocol that allows Ether holders to obtain maximum liquidity against their collateral without paying interest.

Cere Network raised $5M in a  funding round from Republic, Woodstock, LedgerPrime, G1 Ventures, Gate Labs.

Cere Network is the Decentralized Data & Finance Cloud platform optimized for service data integration and data collaboration built on Polkadot.

Hex raised $6M in a Series A  funding round from Kenetic, Hashkey Capital, Fenbushi Capital, Borderless Capital, Genesis Block Ventures Capital (GBV).

HEX is the first high interet blockchain certificate of deposit, which is free for BTC holders.

Gains raised undisclosed amount in a Strategic  funding round from Moonrock Capital, Morningstar Ventures, AU21 Capital, Fomocraft Ventures, Vendetta Capital, Dia Data.

GAINS providing access for retail ventures to invest in new projects in crypto at an early stage.

* fund, that lead investment round