According to Odaily's incomplete statistics, a total of 25 domestic and overseas blockchain financing incidents were announced in the week of December 12-December 18, a slight decrease from the previous week; There is a substantial increase.
The following are specific financing events (Note: 1. Ranked according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
The following are specific financing events (Note: 1. Ranked according to the announced amount; 2. Excluding fundraising and mergers and acquisitions; 3. * is a "traditional" company whose business involves blockchain):
Amber Group Closes $300M Series C Funding Led by Fenbushi Capital US
On December 17, Amber Group announced the completion of a US$300 million Series C round of financing led by Fenbushi Capital US, which aims to solve the loss caused by the FTX mine explosion. In addition, Amber's headcount will shrink to about 300 people.
The valuation of this round of financing is lower than the previous estimated US$3 billion in February, and the specific valuation amount has not yet been disclosed. (Bloomberg)
Aztec completes $100 million in Series B financing led by A16z
The financing will be used to expand the engineering team globally. Over the past year, the Aztec team has grown from seven to 40 people, and Aztec hopes to double that number in the short term.
The financing will be used to expand the engineering team globally. Over the past year, the Aztec team has grown from seven to 40 people, and Aztec hopes to double that number in the short term.
Web3 Startup Nillion Announces $20M Funding Led by Distributed Global
On December 12, Web3 startup Nillion announced the completion of $20 million in financing, led by Distributed Global, with participation from AU 21, Big Brain Holdings, Chapter One, GSR, HashKey, OP Crypto, and SALT Fund.
Nillion aims to build a decentralized network that is not based on the blockchain, and provide a brand new Internet infrastructure to protect storage and data computing, allowing companies and competitors to cooperate without passing critical information. In addition, the company's early documents revealed that Token will be issued in the future. (Tech Crunch)
On December 16, Web3 infrastructure company Blocknative announced the completion of a US$15 million A-1 round of financing, led by Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, and Industry Ventures. (Coindesk)
Crypto insurer Evertas completes $14 million Series A round led by Polychain Capital
On December 12, encryption insurance company Evertas completed a $14 million Series A round of financing, led by Polychain Capital, SinoGlobal Capital, CMT Digital Ventures, Foundation Capital, Morgan Creek, Bloccelerate, network 0, Matrixport and HashKey, Balaji Srinivasan, Andrew Keys, Colleen Sullivan, Patrick McDonald and David Roebuck participated in the vote. Combined with the $5.8 million in seed funding it received last year, Evertas’ outside investment totals $19.8 million. (CoinDesk)
On December 14, SudoRandom Labs, the main developer of the NFT trading platform SudoSwap, completed a $12.5 million seed round of financing on December 2. The specific investor information and valuation were not disclosed. Previously, SudoRandom Labs had been allocated 9 million SUDO tokens (1-year full lock-up and 3-year vesting).
GameFi Ecosystem DEA Completes $10 Million Financing, LDA Capital Participates
On December 14, Digital Entertainment Asset (DEA), a Singapore-based GameFi ecosystem company and the operator of the NFT gaming platform PlayMining, announced that it has received a US$10 million investment from LDA Capital, an alternative investment group in Los Angeles. DEA will use financing funds to accelerate the construction of P2E NFT games and expand strategic partners. (e27)
According to previous reports, in January this year, DEA completed a $12 million seed round of financing, led by JAFCO Investment Ltd., and participated by Spartan Group and others.
NFT game DOGAMÍ completes USD 7 million seed round expansion financing, led by XAnge
On December 14, the NFT game DOGAMÍ announced the completion of a US$7 million seed round expansion financing, led by European venture capital firm XAnge, with participation from Bpifrance, Blockchain Founders Fund and Wagram Capital. Part of the funds raised will be used for its token DOGA in More exchange listings and additionally will be used for product development.
On December 16, according to foreign media reports, NFT infrastructure platform Bonfire announced the completion of a $6.2 million seed round of financing, NEA, Variant Fund, Palm Tree Crew Crypto, Libertus Capital, Collab Currency, Pear VC, Coinbase Ventures, Not Boring Capital and Seed Club Ventures and angel investors Cooper Turley, Lenny Rachitsky, Maya Bakhai, Trevor McFredries and Cuy Sheffield participated in the round.
On December 14th, Web3 music platform Public Pressure announced the completion of a new round of financing of US$6 million, led by digital asset management company Scytale, Metterblock, HV Capital, and Ethereum & Polkadot co-founder Gavin Wood, founder of Energy Web Ed Hesse and others participated in the vote.
It is reported that Public Pressure was established in 2015. Earlier this year, it transformed the Web3 platform and built it based on the Polkadot blockchain. It aims to promote the transition of the music industry to the Web3 field, and has also established partnerships with major fashion brands including Diesel. Its headquarters are in London but it has offices in Europe, Hong Kong and the US. (Music Business Worldwide)
On December 17, encryption application developer Utorg announced the completion of a $5 million seed round of financing, led by Dragonfly, TA Ventures, and Web3 fund Hypra.
Utorg revealed that the company intends to use the new funds to introduce IP licensing, explore more revenue-generating channels, and will expand its fiat/crypto currency exchange service in the coming weeks by introducing a super app that supports feature loading, while also launching some A cryptographic application toolkit that supports features such as self-hosting, digital wallets, and embedded widgets for transfers through third-party applications and websites. (tech.eu)
On December 14, according to KhaleejTimes, 37 xDubai, an interactive and immersive digital art gallery, announced the completion of a new round of financing of more than $5 million, led by Morningstar Ventures, a Dubai-based digital asset and blockchain investment company. The gallery is expected to officially open in the first quarter of 2023.
37 xDubai aims to be a bridge between art and technology. The modular technology behind it can support rapid updating of digital collections on display, bringing new concepts to the market focusing on Web3 education, traditional art, digital art, entertainment and community. (Khaleej Times)
Decentralized sports prediction market Frontrunner raises $4.75M led by Susquehanna
On December 14, Frontrunner, an Injective-based decentralized sports prediction market, completed a $4.75 million seed round of financing, led by Susquehanna Private Equity Investments, with participation from SOMA Capital, Toy Ventures, Ledger Prime, and WAGMI Ventures.
It is reported that Frontrunner will use the financing funds for product development, team development and obtaining licenses. (The Block)
On December 14, DeFi infrastructure provider Sooho.io completed a US$4.5 million A+ round of financing, led by Woori Technology Investment. The company will use the funds to develop a range of blockchain tools for building decentralized financial applications connected to the country’s independent crypto networks. (CoinDesk)
On December 14, Breez, a lightning network solution service provider, announced the completion of a new round of financing of US$4.5 million, led by ego death capital and Entrée Capital, and participated by Hivemind Ventures, Fulgur Ventures, Hawk Digital Innovation and Bitcoiner Ventures.
It is reported that Breez’s Lightning Network client provides services such as Lightning Network point-of-sale software and local podcast players, and develops Lightning Network-based applications and use cases through its unmanaged Lightning SDK. Breez was previously backed by Seetee, the bitcoin-focused subsidiary of Norwegian investment group Aker. (Bitcoin Magazine)
On December 14th, Spaceport, the Web3 intellectual property agreement, announced the completion of a $3.6 million Pre-Seed round of financing, led by Arca, Decasonic and Crit Ventures, the venture capital arm of game developer Com 2 us, and Infinity Ventures Crypto, FBG Capital, Republic Asia Wait to vote. Spaceport plans to use the financing for hiring and product development.
It is reported that Spaceport aims to help creators, brands and institutions monetize their intellectual property. (The Block
Virtual pet company Anima completes $3 million in financing, Polygon Studios and others participate
On December 15, Anima, a virtual pet company, completed a $3 million financing, with Polygon Studios, Not Boring Capital, HashKey and others participating.
Onlybots, launched by Anima, is the first on-chain AR project to promote “ownable” AR assets, allowing consumers to buy and sell digital pets with each other. Anima also plans to introduce new ways to interact and play with digital pets in the future. (The Block)
On December 14, the Australian NFT game platform Balthazar announced the completion of a $2 million token private placement financing, with a current valuation of $60 million, with participation from Yolo Investments, Vendetta, and Digital Asset Capital Management. Balthazar has raised a total of $5.6 million, including a $600,000 pre-seed round and a $3 million seed round.
Balthazar is currently developing a self-custodial wallet, and hopes to provide game-related peer-to-peer transactions, in-game marketplaces, Web3 inventory management systems, and on-chain game real-time transaction services. (Gambling news)
Decentralized identity platform Nametag closes $2M seed round co-led by GSRV and OKX Ventures
On December 14, the decentralized identity platform Nametag recently announced the completion of a $2 million seed round of financing co-led by GSRV and OKX Ventures, Coinbase Ventures, Alchemy Ventures, Continue Capital, Mask Network and Project Galaxy, as well as strategic angel investors Cryptodog, SpencerYang and WesleyFei participated in the investment. Nametag will use the funds to support their mission to empower users to own their own digital identities and interact in new ways (globenewswire)
Metaverse Startup MetaVersusWorld Closes $2M Seed Round, Alphabit Digital Currency Fund Participates
On December 14, MetaVersusWorld, a Web3 metaverse start-up company, announced the completion of a $2 million seed round of financing, with participation from Alphabit Digital Currency Fund, Xeta Capital, Launchpool, Westridge Markets, NetZero Capital, XSquared Ventures, GBIC, Alpha Sigma Capital, and FBG Capital .
It is reported that MetaVersusWorld develops a hyper-realistic and interactive virtual multiverse, mainly providing services such as metaverse business, games and Web3 IP market expansion. Additional $3 million in financing.
On December 14, Finterest, a lending agreement based on Internet Computer (ICP), announced the completion of a $1.5 million seed round of financing, with Polychain Capital (investing through its Beacon Fund, an encryption fund focused on the Internet Computer ecosystem) and 9 Yards Capital, among others. The new funds will support its beta launch in January 2023 and further expand its multi-signature wallet and oracle solution, FinnyFeed, while expanding the team to further provide decentralized lending services.
It is reported that Finterest is the first bridgeless lending protocol in the Internet Computer ecosystem to support native Bitcoin lending services.
Metaverse platform developer Mars Labs gets $1 million from DWF Labs
On December 17, Metaverse platform developer Mars Labs announced that it has received a $1 million investment from DWF Labs, a Web3 venture capital institution, and the two parties have established a strategic partnership.
Mars Labs plans to launch The Mars Metaverse, a P2E metaverse set on Mars in 2024, and DWF Labs will assist Mars Labs in its global business expansion in terms of marketing. (PRNewswire)
On December 18, Irerobot, a Web3 application interactive development company, announced the completion of a seed round of financing of 500,000 euros (about 530,000 U.S. dollars). The Research and Innovation Foundation of Cyprus participated in the investment, and the funds will be invested in Among its flagship projects ACETT.
The proprietary algorithms, software and hardware developed by Irerobot can embed smart watches, smartphones, VR/XR devices and other human-machine interfaces into Web3 applications. In addition to this funding, Irerobot is also backed by KV Fund, which injected an additional €300,000 to help accelerate development and build commercial applications that support haptics, and Kinisis Ventures, which will provide guidance and further business support. Exchange opportunities to open the US market. (cyprus-mail)
On December 12, Astrolab, a cross-chain income aggregator, completed a $500,000 Pre seed round of financing, with participation from Apollo Capital, Jane Street, 0 x Ventures, and Upside DAO.
It is reported that Astrolab is developed based on deBridge and LayerZero, aiming to enable users to allocate funds more efficiently on multiple chains.
On December 15, the digital fashion platform DressX has completed a new round of financing, and Warner Music Group (WMG) participated in the investment. The specific investment amount has not been disclosed. Warner Music Group is launching the Metaverse virtual commodity verch for fans and fans. DressX has previously completed $3.3 million in financing. The virtual clothing launched by the platform in the Meta Avatar Store can be worn on the avatars of Instagram and Facebook. In addition to Meta, the company also cooperates with Roblox, Zepeto, Ready Player Me, Decentraland, The Sandbox Established partnerships with virtual avatar platforms such as Spatial and metaverse platforms. (vogue business)
