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Crypto Fundraising weekly
Dates: 29 Oct – 04 Nov 2018

Summary

During this week 4 blockchain startups has raised $356M in funding:

  • Unknown round: 1 startup $300M
  • Series A round: 2 startups $50M
  • Seed round:   (1 startup) $6M
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$100M
$200M
$300M

Investments by ecosystem

This week's biggest funding round

Coinbase raised $300M in a funding round from Tiger Global, Y Combinator, Polychain Capital, Wellington Management, Initialized Capital, Manhattan Venture Partners, K2 Global.

Pre-seed and Seed investment rounds

Joystream raised $6M in a Seed funding round from Digital Currency Group (DCG), BoostVC, Bitmain, StartupLab.

Joystream is a decentralised video platform and blockchain, built on Polkadot.

Other investment rounds

KuCoin raised $20M in a Series A  funding round from NGC Ventures, IDG Capital, Matrix Partners.

KuCoin is an exchange platform that allows holders to profit from the success of the exchange.

StarkNet raised $30M in a Series A  funding round from Paradigm*, Sequoia Capital*, Pantera Capital, Multicoin Capital, ConsenSys, Coinbase Ventures, Scalar Capital, Data Collective DCVC, Semantic Ventures, Founders fund, Floodgate, Collaborative Fund, Atomico, Naval Ravikant.

StarkNet is a permissionless decentralized Validity-Rollup (also known as a “ZK-Rollup”). It operates as an L2 network over Ethereum, enabling any dApp to achieve unlimited scale for its computation – without compromising Ethereum’s composability and security, thanks to StarkNet’s reliance on the safest and most scalable cryptographic proof system – STARK.

* fund, that lead investment round

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