Crypto Fundraising weekly
Dates: 31 Dec 2018 – 06 Jan 2019

This week's biggest funding round

Bakkt raised $182.5M in a Series A funding round from Galaxy Digital, Pantera Capital, Horizons Ventures, M12, Protocol Ventures, The Boston Consulting Group, PayU, Goldfinch Partners.

Bakkt is a publicly-traded company providing regulated solutions for businesses and institutions in the crypto industry. Through offerings like Bakkt Trade and Bakkt Custody, they deliver curated, secured, and audited trading, along with institutional-grade custody services, promoting a secure and regulated approach to crypto involvement.

Pre-seed and Seed investment rounds

Bifrost Network (PiLab Technology) raised $3.3M in a Seed funding round from Korea Investment Partners*.

The Bifrost Network is a public blockchain built on the Substrate framework and fully compatible with the Ethereum API, providing developers with access to a wide range of libraries and development environments.

Other investment rounds

Double jump tokyo raised $30M in a  funding round from gumi Cryptos Capital (gCC)*.

double jump.tokyo is a pioneering company in blockchain game development, offering comprehensive support to game developers. They provide APIs, resources, and expertise to help build and market blockchain games. Founded in 2018, the company has partnered with major gaming companies and established a strong blockchain infrastructure. They are expanding Web3 content through collaborations with the SBI Group, Sony, and international cryptocurrency exchanges. Their upcoming blockchain game, “Battle of Three Kingdoms,” reimagines SEGA’s “Sangokushi Taisen” IP using blockchain technology.

Galaxy Digital Holdings Ltd raised $5M in a  funding round from .

DMG Blockchain Solutions raised undisclosed amount in a  funding round from Pyfera Growth Capital*.

Wyre raised $8M in a Series B  funding round from Pantera Capital*, BoostVC, Fifth Era, Kraken Ventures, OK Group, Nice Capital.

PlatON Network raised $38M in a  funding round from Hashkey Capital*, Youbi Capital*, SNZ Holding, Fundamental Labs, Hash Global.

InstaDApp (Fluid) raised $12.1M in a Private  funding round from .

Instadapp is an open-source and non-custodial middleware platform for decentralized finance applications. Its DSL protocol aggregates multiple DeFi protocols into one upgradable smart contract layer, enabling users to access and manage various protocols from one account and migrate debts between specific protocols via its Bridge feature.

* fund, that lead investment round