Crypto Fundraising weekly
Dates: 31 Oct – 06 Nov 2022

This week's biggest funding round

Evmos raised $27M in a funding round from Polychain Capital, Galaxy Digital, Huobi Ventures, Hashkey Capital, Coinbase Ventures, Circle Ventures, Asymmetric fund.

Evmos is the foremost EVM-compatible blockchain built using the Cosmos SDK and empowers developers to easily launch dApps that work seamlessly across ecosystems.

Pre-seed and Seed investment rounds

Elusiv raised $3.5M in a Seed funding round from LongHash Ventures, Staking Facilities, NGC Ventures, Jump Crypto, Big Brain Holdings, Anagram, Cogitent Ventures, Equilibrium.co, MonkeVentures, Moonrock Capital.

Elusiv is a compliance-in-mind Zero-Knowledge protocol for privately sending and receiving SOL or SPL tokens on the Solana blockchain.

VenturePunk raised $1.5M in a Pre-seed funding round from THE LAO, Bain Capital Ventures (BCV), Consensys Mesh, Polygon Ventures, NxGen, Mirana Ventures, Lemniscap, Punk DAO.

VenturePunk is an innovation studio dedicated to advancing the social and technical infrastructure needed for a web3 future. VenturePunk’s focus is rapid innovation and experimentation in decentralized finance, digital culture, and the metaverse.

Souffl3 raised $2M in a Seed funding round from Crypto.com Capital, Synergis Capital, Huobi Incubator.

Souffl3 is a MOVE-based NFT market and launchpad on Aptos blockchain.

NiftyApes raised $4.2M in a Seed funding round from Variant Fund, FinTech Collective, Coinbase Ventures, Robot Ventures, Polygon Ventures, THE LAO, Flamingo.

NiftyApes is a decentralized protocol that enables loans on any NFT or collection with terms that continually trend toward true market valuation.

Aspecta raised $1.5M in a Seed funding round from Hashkey Capital, Foresight Ventures, SNZ Holding, Infinity Ventures Crypto (IVC), Bing Ventures, Gate.io Labs, Emurgo Ventures, IOVC, Galxe (ex Project Galaxy), CyberConnect, Mask Network, Project Twelve (P12).

Aspecta is an AI-powered profile builder for developers that uses large language models to review code quality. It builds an AI-generated identity, Aspecta ID, for pioneering builders and beyond to demonstrate, connect, and explore. By linking accounts across Web2 and Web3 spaces such as GitHub, Twitter, and wallet address, Aspecta ID holders can demonstrate insights regarding 8000+ skills aspects and hundreds of experience spotlights.

Fluidity raised $1.3M in a Seed funding round from Multicoin Capital, Circle Ventures, Solana Ventures, Lemniscap, NGC Ventures, SkyVision Capital, Bitscale Capital, Koji Capital, Meld Ventures, DCF God.

Fluidity is a yield generating protocol that rewards people for using their cryptocurrencies. Fluidity Money tokens (Fluid Assets) are a 1-to-1 wrapped asset that exposes holders to randomly paid rewards when they use their cryptocurrencies.

RakkaR Digital raised $10M in a Seed funding round from SCB 10X.

RakkaR Digital is a crypto custodian platform powered by Fireblocks and aims to serve institutions in Southeast Asia.

Braavos raised $10M in a Seed funding round from Pantera Capital*, Brevan Howard Digital, Crypto.com Capital, Matrixport Ventures, Starkware.

Braavos is a self-custodial wallet for managing funds & NFTs and connecting to dApps on Ethereum scaling solution Starknet.

Other investment rounds

Texture raised $5M in a  funding round from SINO Global Capital*, P2P Capital*, Wintermute, semantic ventures, Jane Street.

Texture is a DeFi yield platform running on the Solana blockchain. Its first product provides higher yields to those looking to stake their SOL tokens. It is using a leveraged staking strategy to achieve this, similar to tokens on Ethereum like the Interest Compounding ETH Index (icETH) and the ETH Max Yield Index (ETHMAXY).

Centrifuge raised $4M in a Strategic  funding round from Coinbase Ventures, BlockTower Capital, Scytale Ventures.

The untapped multi-trillion dollar market of real-world assets (RWA) is now entering Decentralized Finance (DeFi) through Centrifuge: the first protocol to connect DeFi to the real-world.

Token Flow raised $12M in a Series A  funding round from Electric Capital, Delta Blockchain Fund, UDHC.

Token Flow is an analytics startup aims to give blockchain ecosystem participants the analytical tools, contextualized data and insight that they need to deeply understand and navigate the maze of on-chain activities.

Courtyard raised $7M in a  funding round from NEA, Y Combinator, OpenSea, Gary Vaynerchuk, Cherry Ventures.

Courtyard stores physical collectibles (trading cards, sneakers, watches, etc.) in secured vaults, creates a 3D representation of the asset and mints it as an NFT on the blockchain.

WalletConnect raised $12.5M in a  funding round from Shopify, Coinbase Ventures, ConsenSys, Circle Ventures, Polygon Ventures, Uniswap Labs Ventures, Union Square Ventures (USV), 1kx, Gnosis DAO, HashKey Group, Foresight Ventures, Dialectic.

Open source tool that enables a mobile wallet to easily connect to decentralized web applications, and interact with them from the phone.

Orderly Network raised undisclosed amount in a  funding round from Laser Digital*.

Orderly Network is a permissionless, decentralized exchange protocol and modular ecosystem built on top of NEAR.

* fund, that lead investment round