Crypto Fundraising weekly
Dates: 29 Nov – 05 Dec 2021

Summary

During this week 20 blockchain startups has raised $328.5M in funding:

Series B round: 1 startup $175M
Seed round: 10 startups $53.7M
Series A round: 3 startups $37.5M
Strategic round: 2 startups $34M
Unknown round: 3 startups $27M
Pre-seed round: (1 startup) $1.3M

$58.3M

$116.7M

$175M

Investments by ecosystem

This week's biggest funding round

1inch Network raised $175M in a Series B funding round from Amber Group, Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital, Gemini Frontier Fund.

1inch is a decentralized exchange aggregator and liquidity protocol to help users discover the best trade prices for tokens.

Pre-seed and Seed investment rounds

Meta Pool raised undisclosed amount in a Seed funding round from Dragonfly Capital (ex Metastable Capital), Ant Capital (a&t), Move Capital, Blockwall, D1 Ventures, SkyVision Capital.

Near focused liquid staking solution provider.

Solice raised $4.4M in a Seed funding round from Three Arrows Capital, Animoca Brands, DeFiance Capital, Alameda Research, SkyVision Capital, Jump Capital, Genblock Capital, KuCoin Labs, Solar Eco Fund, Coin Merge Strategy (CMS), Peech Capital, Icetea Labs, Double Peak Group, Rarestone Capital, DAO Maker.

Solice is the first cross platform VR metaverse on the Solana blockchain.

Structure raised $20M in a Seed funding round from Polychain Capital*, Bixin Ventures, Ascensive Assets, Morningstar Ventures, Finality Capital, Blockchain Coinvestors.

Structure is a mobile-first trading app aims to empower investors of all types with radically simple investing tools and global access to markets.

Superchain raised $1.3M in a Pre-seed funding round from Maven 11 Capital, KR1 plc, Tokonomy, Fasanara Capital.

Superchain is an The Open Index Protocol, which quickly collects and customizes blockchain data for use by developers to build applications faster through immediate and personal connection to data, free of centralised intermediaries.

WalletConnect raised $1.3M in a Seed funding round from 1kx*.

Open source tool that enables a mobile wallet to easily connect to decentralized web applications, and interact with them from the phone.

Algofi raised $2.8M in a Seed funding round from Union Square Ventures (USV), Arrington Capital, Pillar VC, Y Combinator, Shine Capital.

Algofi is a blockchain-based decentralized crypto lending platform based on Algorand. The company's platform enables users to purchase cryptocurrency and earn interest without the use of a bank or centralized custodian.

Colony raised $18M in a Seed funding round from Avalanche, Shima Capital, Hashkey Capital, Genesis Block Ventures Capital (GBV), Bixin Ventures.

Colony is a Community-driven Avalanche ecosystem accelerator.

Dmail raised undisclosed amount in a Seed funding round from Hashkey Capital, Draper Dragon, Spark Digital Capital, PAKA, Outliers Fund, FBG Capital, Parallel Ventures.

Dmail Network is an AI-powered decentralized email platform that offers message communication, asset management, data storage, subscriptions & notifications, Web3 marketing, and an AI assistant, empowering users with ownership and control of their data.

Mean DAO raised $3.5M in a Seed funding round from SoftBank Fund*, DeFiance Capital*, Three Arrows Capital*, SkyVision Capital, Solar Eco Fund, Gate Labs, MEXC, Big Brain Holdings.

Mean DAO is a decentralized autonomous organization (DAO) that aims to build the decentralized products and blockchain infrastructure necessary to act as the financial equalizer for people and businesses worldwide.

Neptune Mutual raised $1.8M in a Seed funding round from Fenbushi Capital, Coinbase Ventures, HTX Ventures (ex Huobi Ventures), OKX Ventures (ex OKEx Blockdream Ventures), GravityX Capital, Hex Trust, Alphabit.

Neptune Mutual is a cover protocol that enables users to purchase cover policies to protect their digital assets from hacks and exploits.

KingdomX raised $2M in a Seed funding round from LD Capital, DAO Maker, Signum Capital, Double Peak Group, LongHash Ventures, Game starter, DWeb3 Capital.

KingdomX is a P2E strategic war meta-battleground. Gamers and stakers are able to build, collect, mint, compete, and earn.

Other investment rounds

Ambire Wallet raised $2.5M in a funding round from Ascensive Assets, MetaCartel Ventures, Zee Prime Capital.

Ambire Wallet is a non-custodial DeFi wallet with email authentication, available on Ethereum, Avalanche, Polygon and BSC.

Solv Protocol raised $4M in a Series A funding round from Blockchain Capital*, Sfermion*, gumi Cryptos Capital (gCC)*, Alliance DAO (ex DeFi Alliance), THE LAO, CMT Digital, Coin Merge Strategy (CMS), Apollo Capital, Shima Capital, SNZ Holding, Zonff Partners, The Spartan Group, AXIA8 Ventures, Hash Capital.

Solv Protocol is a decentralized platform bridging liquidity across DeFi, CeFi, and TradFi, offering diverse asset classes and yield opportunities in a secure and transparent manner. It enables global institutions and retail investors to access trusted crypto investments through a trustless fund infrastructure powered by ERC-3525.

Domi Online raised undisclosed amount in a Strategic funding round from Avalanche, Animoca Brands, Galaxy Interactive, SkyVision Capital, SINO Global Capital, Morningstar Ventures, Polkastarter, AU21 Capital, Cumberland (DRW), Double Peak Group, 6th Man Ventures (6MV).

Domi Online is a play-to-earn 3D Blockchain MMORPG underpinned by NFT’s.

AAG Ventures raised $12.5M in a funding round from Shima Capital*, Tribe Capital*, Tess Ventures*, Hashkey Capital, Everest Ventures Group (EVG), Republic, Portico Ventures, Genblock Capital, Kosmos Ventures, GDP Venture, Synergis Capital, YellowBlocks, Oyster Ventures, Fomocraft Ventures, Sanctor Capital, Sandeep Nailwal.

AAG is a platform for play-to-earn and learn-to-earn.

Iron Fish raised $27.7M in a Series A funding round from Andreessen Horowitz (a16z crypto)*, Sequoia Capital, Electric Capital, A Capital, Arrington Capital, Elad Gil, Do Kwon, Alan Howard.

Iron Fish is a decentralized, proof-of-work (PoW) based, censorship-resistant, and publicly accessible blockchain project. It is designed to support strong privacy guarantees on every transaction.