Crypto Fundraising weekly
Dates: 30 May – 05 Jun 2022

This week's biggest funding round

Utopia raised $23M in a Series A funding round from Paradigm, Kindred Ventures, Circle Ventures, Gusto, Coinbase Ventures, Infinity Ventures Crypto (IVC), Distributed Global, Fourth Revolution Capital (4RC).

Utopia Labs is building out a stack of infrastructure tools for DAOs.

Pre-seed and Seed investment rounds

SIZE raised $6M in a Seed funding round from Three Arrows Capital, Wintermute, mgnr, Alameda Research, D1 Ventures, Genblock Capital.

Size is on-chain OTC startup.

Laevitas raised $2.5M in a Seed funding round from Three Arrows Capital, DeFiance Capital, Coin Merge Strategy (CMS), Astronaut Capital, Isaac & Rick from Orca Global, Gavin from Forward Analytics.

Laevitas is a data analytics platform focused on crypto derivative.

Liminal raised $4.7M in a Seed funding round from CoinDCX, LD Capital, Woodstock, Hashed, Cadenza, Sandeep Nailwal.

Liminal is a wallet operations infrastructure that secures digital assets.

Dework raised $5M in a Seed funding round from Paradigm, Pace Capital.

Dework is a Web 3-native collaboration tool where decentralized autonomous organizations (DAOs) can organize internal and external teams, manage tasks and bounties in a transparent way, and help new members get started.

Walken raised $4.7M in a Seed funding round from Infinity Ventures Crypto (IVC)*, Shima Capital*, Morningstar Ventures, Huobi Ventures, Yield Guild Games (YGG), Genblock Capital, SnackClub, Ghaf Capital Partners, YGG SEA, Big Brain Holdings, Moonchain Capital.

Walken is a Solana-based move-to-earn and win-to-earn blockchain game that encourages players to adopt healthy habits through competing and monetizing their walking steps.

Puffer Finance raised undisclosed amount in a Pre-seed funding round from Jump Crypto, Arcanum Capital, IoTeX.

Puffer Finance is a decentralized protocol that enables anti-slashing and at-home staking on Ethereum by utilizing a low bond requirement and introducing Secure-Signer, a remote-signing tool that prevents slashable offenses. Puffer aims to diversify the validator set and reduce centralization in Ethereum's proof-of-stake network while addressing the challenges faced by solo validators. It provides a permissionless staking pool and tools to enhance the safety and viability of at-home staking.

Merge raised $9.5M in a Seed funding round from Octopus Ventures*, Hashed, Coinbase Ventures, Alameda Research, Ethereal Ventures, Stani Kulechov, Jaynti Kanani.

Merge is London-based cryptocurrency payments firm that develops API-based banking and payments platform, bridging the gap between fiat and crypto ecosystems.

Other investment rounds

Chibi Clash raised $3M in a  funding round from Alliance DAO (ex DeFi Alliance), Genblock Capital, Jump Capital, C² Ventures, Kyros Ventures, NGC Ventures (NEO Global Capital), Panony, Petrock Capital, Polygon Ventures, Shima Capital, Avocado Guild, Rainmaker Games, Nick Chong, Santiago Santos.

Chibi Clash is a play-to-earn blockchain gaming universe featuring staking, recruiting, a multiplayer auto battler, and more.

* fund, that lead investment round