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Crypto Fundraising weekly
Dates: 30 Dec 2019 – 05 Jan 2020

Summary

During this week 13 blockchain startups has raised $22.7M in funding:

  • Seed round: 4 startups $16.1M
  • Unknown round: 6 startups $3.5M
  • Angel round: 1 startup $3M
  • Pre-seed round:   (2 startups) $125K
0
$5.4M
$10.7M
$16.1M

Investments by ecosystem

This week's biggest funding round

Eco raised $8.5M in a Seed funding round from Pantera Capital.

Eco refers to a digital wallet that offers various financial services, including spending, sending, saving, and earning money. It allows users to earn annual interest on their deposits and receive cashback rewards on spending at partner merchants like Amazon and Uber. Eco partners with regulated cryptocurrency custodians and prime lenders to lend out unused funds, and a portion of the interest earned is passed on to users as APY rewards.

Pre-seed and Seed investment rounds

Lemon Cash raised $125K in a Pre-seed funding round from Draper Cygnus.

Argentina-based crypto exchange.

Topos Network raised undisclosed amount in a Seed funding round from Musha Ventures.

GoodGhosting raised undisclosed amount in a Pre-seed funding round from Sandeep Nailwal, LongHash Ventures, Daedalus, Ternary Capital, NxGen, Meta Change Capital, Eden Au, Larry Cermak.

GoodGhosting is a decentralized social savings app that combines game design elements with goal-based saving.

Rainbow raised $1.5M in a Seed funding round from .

Sperax raised $6.1M in a Seed funding round from FBG Capital, Outlier Ventures.

Eco raised $8.5M in a Seed funding round from Pantera Capital.

Eco refers to a digital wallet that offers various financial services, including spending, sending, saving, and earning money. It allows users to earn annual interest on their deposits and receive cashback rewards on spending at partner merchants like Amazon and Uber. Eco partners with regulated cryptocurrency custodians and prime lenders to lend out unused funds, and a portion of the interest earned is passed on to users as APY rewards.

Other investment rounds

Alto raised $3.5M in a  funding round from .

Decentraland raised undisclosed amount in a  funding round from Digital Currency Group (DCG).

Bloq raised undisclosed amount in a  funding round from Digital Currency Group (DCG).

Fan Controlled Football raised $3M in a Angel  funding round from .

A pro football league that lets spectators who own crypto call the plays in the game.

OTOY raised undisclosed amount in a  funding round from Borderless Capital.

Reserve raised undisclosed amount in a  funding round from Digital Currency Group (DCG).

RD Technologies raised undisclosed amount in a  funding round from HashKey Group, Dragonfly Capital.

RD Technologies is a fintech company aiming to revolutionize payments and commerce with enhanced trust, stability, and efficiency. The company is behind HKDR, a stablecoin backed by the Hong Kong Dollar, which aims to push the capabilities of digital currencies and expand the Web3 economy across Hong Kong and Asia. Additionally, RD Technologies offers RD Wallet, a licensed Stored Value Facility that allows businesses, both local and international, to open mobile accounts and make quick, secure, multi-currency transactions, anywhere and anytime.

* fund, that lead investment round

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