Crypto Fundraising weekly
Dates: 30 Jan – 05 Feb 2023

This week's biggest funding round

BlockJoy raised $12M in a Seed funding round from Gradient Ventures, Draper Dragon, Dragon Roark Venture, Active Capital, Borderless Capital.

BlockJoy is a Boston-based Web3 infrastructure node service. The startup built BlockVisor, its patented blockchain node management software, which lets users run blockchain nodes on any infrastructure in an automated, cost-effective manner through a “point-and-click” user interface.

Pre-seed and Seed investment rounds

MoodMiner raised $400K in a Seed funding round from Hashed*, Pantera Capital, ZhenFund, CoinList, Circle Ventures, Polygon Ventures, ConsenSys, Near Foundation, 1inch, Algorand, Polkadot, dYdX Foundation (dY/dX), Mina Protocol, Ankr Network, Enjin, Casper Labs.

MoodMiner is a platform for easy yield staking from over 100 digital assets such as Polkadot, Cardano, and Elrond.

Sumi Network raised $3M in a Seed funding round from Scytale Ventures*, D1 Ventures, Fuse Capital, Digital Finance Group (DFG), TRGC.

Sumi Network is a Web3 infrastructure provider builds out its decentralized communication and storage solutions.

BlockJoy raised $12M in a Seed funding round from Gradient Ventures, Draper Dragon, Dragon Roark Venture, Active Capital, Borderless Capital.

BlockJoy is a Boston-based Web3 infrastructure node service. The startup built BlockVisor, its patented blockchain node management software, which lets users run blockchain nodes on any infrastructure in an automated, cost-effective manner through a “point-and-click” user interface.

Port3 Network raised $3M in a Seed funding round from KuCoin Ventures*, Jump Crypto, SNZ Holding, Cogitent Ventures, Momentum 6 (M6), Block Infinity, Dragon Roark Venture, Cryptonite Capital, ViaBTC Capital, Lapin Digital.

Port3 is a one-stop platform to create, utilise and evolve your Web3 identity by aggregating and standardising off-chain/on-chain data to build a Social Data Layer.

Archimedes raised $4.9M in a Seed funding round from Hack VC*, Uncorrelated Ventures, Psalion VC, Truffle Ventures, Cogitent Ventures, Haven Ventures, Palsar.

Archimedes Finance is a decentralized lending and borrowing marketplace that allows users to deposit assets and use them as collateral to create leverage positions.

Cohort raised $3.5M in a Seed funding round from IRIS Foundation*, Axeleo Capital*, Kima Ventures, 3founders, Brian O’Hagan.

Cohort is a Web3 SaaS solution based in France. The platform uses NFTs (Non Fungible Token) to help brands create innovate experiences and products without any tech or large time commitment.

Addressable raised $7.5M in a Seed funding round from Fabric Ventures*, Viola Ventures*, North Island Ventures, Mensch Capital Partners.

Addressable is a web3 marketing startup helping web3 marketers to gather data from social media accounts and wallets and matches the information based on similarity to build more accurate audience profiles to target.

Rysk raised $1.4M in a Pre-seed funding round from Lemniscap*, Encode Club, Ascensive Assets, Starbloom Ventures, Yunt Capital, Manifold.

Rysk is on-chain market maker that provides products that will produce yeilds. It uses the Dynamic (Delta) Hedging Vault (DHV), a brand new self governing options vault, generating delta neutral yield for its liquidity providers by writing and buying options.

Squid raised $3.5M in a Seed funding round from North Island Ventures*, Distributed Global, Fabric Ventures, Galileo, Chapter One, Node Capital, Axelar Network, Athabasca Capital, Stani Kulechov.

Squid is the cross-chain swap and liquidity routing protocol on Axelar Network.

Sec3 (secure web3) raised $10M in a Seed funding round from Multicoin Capital*, Sanctor Capital, Essence Venture Capital, Santiago Santos.

Sec3 is a security research firm that prepares Solana projects for millions of users, provides Launch Audit and build X-ray security scanner software.

Hypernative raised $9M in a Seed funding round from Boldstart Ventures*, IBI Tech Fund*, Alchemy Ventures, CMT Digital, Nexo, Borderless Capital, Blockdaemon Ventures.

Hypernative's platform monitors on and off-chain data after a protocol is deployed to a blockchain to predict any potential threat of an exploit in real-time.

Sovereign raised $7.4M in a Seed funding round from HAUN Ventures*, 1kx, Robot Ventures, Maven 11 Capital.

Sovereign Labs is open and interconnected rollup ecosystem of seamlessly interoperable and scalable rollups that can run on any blockchain. It's building a software development kit (SDK) that enables developers to create new ZK rollups through using open-source reusable components that developers can leverage, making it easy to deploy on a variety of blockchains.

Oh Baby Games raised $6M in a Seed funding round from eGirl Capital*, Synergis Capital*, Merit Circle, gmjp (good morning japan), Santiago Santos, Kevin Lin.

Oh Baby Games is a crypto gaming platform with cross-chain collectibles and wallet to wallet connectivity.

Other investment rounds

Inery raised undisclosed amount in a Strategic  funding round from Truth Ventures*.

Inery is decentralized database management solution powered by blockchain technology.

Gopax raised undisclosed amount in a  funding round from Binance*.

GOPAX is a leading South Korean fast and reliable virtual asset exchange operated by Streamy Co., Ltd.​​

Fungify raised $6M in a  funding round from CitizenX Crypto Ventures*, Distributed Global, Infinity Ventures Crypto (IVC), Taureon, Anagram, Flow Ventures, DCF God.

Fungify is a non-custodial NFT index and algorithmic lending protocol, allowing for instant NFT sales, immediate NFT-backed loans, and a yield-bearing NFT index token.

Call of the VoYd raised $1.3M in a  funding round from Shima Capital*.

Call of the VoYd is a fast paced, easy to play Roguelike Royale game by game studio MYSTiC GAMES.

Everscale raised $5M in a Strategic  funding round from Venom Ventures*.

Everscale is a fast, secure, and scalable network with near-zero fees, which can process up to a million transactions per second.

Metaline raised undisclosed amount in a  funding round from Infinity Labs*, PAKA*, GEMS Esports*.

MetaLine is a strategic management game with sailing as the background. Players can earn economic rewards by owning and cultivating their own heroes, ships, ports and lands, competing and cooperating in the game, and empower themselves by using tokens and various NFT items.

Gabee Town raised $3M in a  funding round from SQUARE ENIX, SEGA CORPORATION, GREE Inc., MARBLEX Corp., Enish, ADWAYS Ventures, Coincheck, Gate.io Labs, Vector Inc., Infinity Ventures Crypto (IVC), Zaif, Days, Inc, Emoote, Arriba Studio, Colorful Marketing Limited, Kingdomverse, ForN Gaming Guild.

Gabee Town is a web3 Game Platform by YGG Japan - a blockchain game platformer that aims to elevate blockchain games to provide more accessible content for all game users in Japan and lead them to a world of "Play and Earn".

VitaDAO raised $4.1M in a  funding round from Pfizer Ventures*, Shine Capital, L1 Digital, Balaji Srinivasan, Beaker Dao, Spaceship DAO.

VitaDAO is a decentralized autonomous organization that funds research projects in the field of longevity science aims to extend human lifespan.

* fund, that lead investment round