According to Odaily's incomplete statistics, there were 35 domestic and overseas blockchain financing incidents announced from April 10 to April 16, a certain increase from last week's data. has declined.
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):
EOS Network Receives $60M Investment from DWF Labs
On April 14, digital asset market maker and investment firm DWF Labs announced support for the EOS network with a $45 million EOS token purchase agreement and a $15 million investment commitment to invest in EOS-based businesses and projects. This commitment is aimed at accelerating the expansion and acceptance of the EOS network.
The timing of the partnership is reportedly favorable, as the EOS network will launch its enterprise-grade EOS Ethereum Virtual Machine (EVM) on April 14, outperforming Polygon, BSC, and Avalanche with more than four times the number of transactions per second. (CointeleGraph)
On April 11, Sei Network announced that it has completed a financing of US$30 million at a valuation of US$800 million. This round of funds will be used for development and marketing in the Asia-Pacific region. Previously, Sei raised a seed round of US$5 million in August 2022 . Investors in the new round include Jump Capital, Distributed Global, Multicoin Capital, Asymmetric Capital Partners, Flow Traders, Hypersphere Ventures, and Bixin Ventures.
It is reported that Sei is still in the public beta stage and plans to launch the mainnet later this year. In September, Sei launched a $50 million ecosystem and liquidity fund to support new DeFi applications on its platform, with more than 120 projects built on its blockchain.
Sei said its latest public testnet attracted about 3.6 million unique users and processed more than 35 million transactions in less than a month in mid-March. (TechCrunch)
Tradier Closes $24.6M Series B Funding Led by PEAK 6 Strategic Capital
On April 14, Tradier, a financial services company that provides retail cryptocurrency transactions, announced the completion of a US$24.6 million Series B round of financing, led by PEAK 6 Strategic Capital, with participation from Prime Capital and KF Business Ventures, which had previously invested in the company.
Tradier's full-featured platform supports cryptocurrency, stock and options trading, and users can seamlessly navigate between Tradier Brokerage and crypto accounts. The company plans to use the new funds to expand product range, expand API, and enhance global debit financing, futures and Cryptocurrency market segment. (Benzinga)
Web3 game development company MPL's Mayhem Studios raises $20 million led by Sequoia Capital
On April 11, Mayhem Studios, a studio under the Indian P2E game development company Mobile Premier League (MPL), announced the completion of a US$20 million financing round, led by Sequoia Capital, with participation from Steadview Capital and Truecaller.
MPL launched NFT marketplace Good Game Exchange (GGX) last month, while also launching a P2E-based Web3 gaming strategy as part of the group's development plan. (Economic Times)
Zero-knowledge proof Layer 2 CryptoGPT completes $10 million in financing, led by DWF Labs
On April 10, Zero-Knowledge Proof Layer 2 CryptoGPT announced the completion of $10 million in financing at a valuation of $250 million. DWF Labs led the investment. The new funds will be used to develop its development team globally and establish regional influence in the Asian market force.
RSS3 Completes $10 Million in Financing by Selling Tokens to DWF Labs
On April 11, RSS3 completed a $10 million financing by selling Token to DWF Labs. RSS3 aims to be a bridge between blockchain technology and artificial intelligence, search engines and social media. The latest investment is made after the launch of RSS3 AIOP Yes, RSS3 AIOP is an artificial intelligence training environment that provides Web3 information for institutions such as ChatGPT.
It is reported that RSS3 has previously received investment from Coinbase, Dragonfly and former Andreessen Horowitz partner Balaji Srinivasan.
This is DWF Labs' tenth investment of at least $10 million in less than two months. (CoinDesk)
Brassica Closes $8M Funding Led by Mercury Fund
On April 11, Brassica, a financial infrastructure technology company, announced the completion of $8 million in financing, led by Mercury Fund, Valor Equity Partners, Long Journey Ventures, NGC Fund, Neowiz, Broadhaven Ventures, Armyn Capital, VC 3D AO, Alpha Asset Management, etc. So far, the company's total financing amount has reached 12 million US dollars.
It is reported that Brassica mainly provides services for private investment and digital asset industries, providing a safe and seamless transition between traditional finance and Web3 innovation, and its institutional-level solutions make digital asset investment more compliant and secure. (Valdosta Daily Times)
On April 11, according to official news, Absolute Labs, the developer of WRM, a Web3 wallet relationship management platform, announced the completion of $8 million in seed round financing, Aglaé Ventures, Alpha Praetorian Capital, The Luxury Fund, Near Foundation, MoonPay, Plassa Capital, Punja Global Ventures , Samsung Next, Sparkle Ventures (Animoca Brands) and W 3 i participated in the investment, and the new financing will be used to expand the business.
According to reports, WRM is a Web3 CRM solution with users including LVMH, The Sandbox, Moonpay and Mocaverse.
Bankruptcy claims trading platform Xclaim raises $7 million in Series A funding
On April 11, Xclaim, a bankruptcy claims trading platform, completed a $7 million Series A round of financing. Xclaim allows trading of major bankruptcy creditor claims, including FTX, Genesis, and BlockFi.
Xclaim says it has listed more than $1 billion in claims since it began operations in 2018, with more than $200 million in transaction volume and 500 registered investors. (CoinDesk)
On April 12, NFT and digital art social platform HUG announced the completion of a $5 million seed round of financing, led by Web3 investment fund DIGITAL, OKX Ventures, L’Oreal’s BOLD corporate venture fund, Venrex, Jae Holdings, Cryptology, Samara and Aa Sons, etc. Participate in voting.
It is reported that HUG was launched in February 2022. The founder is Randy Zuckerberg, sister of Facebook founder Mark Zuckerberg. The platform helps artists sell digital and physical goods and connect with digital collectors. The new funding will be used to accelerate HUG's product growth and integrate the platform's commerce capabilities with existing social management and discovery tools.
On April 10, Gameta, a Web3 NFT game platform, announced the completion of a $5 million seed round of financing, with Binance Labs, Huobi Ventures, Arcane Capital, Ceras Ventures, StartVC, Gate.io Labs, W 3 Coins, Redline Dao, DefinanceX, Rana Capital and Infinity Labs participated.
Since its inception in 2022, Gameta has had more than 7 million on-chain users. The project currently ranks #1 in active users on BNB Chain and is a Binance Labs Most Valuable Builder Incubator winner. In its latest NFT game, Hippo Dash, Gameta maintains a user retention rate of over 40%. Around its game system, Gameta has established a Hippo Club NFT system that allows users to play games, socialize, experience sharing, and interact with Web3 assets. Through Hippo Club NFT, Gameta hopes to lower the entry barrier so that every user can experience the cultural, financial and entertainment value of NFT, so as to make the Hippo Club series a popular version of "BAYC".
Gameta will use this financing to accelerate the construction of its game ecosystem, tokens and NFT system, and achieve a further leap in user volume within 2023.
On April 14, Tonic.xyz, a blockchain generative art platform, announced the completion of a US$5 million seed round of financing, jointly led by Patron.xyz and TTCER, with participation from Reid Hoffman, Ev Williams, Chris Dixon, Jeremy Stoppelman, April Underwood and others.
It is reported that Tonic.xyz aims to reconstruct the experience of art collectors and expand the scope of access to blockchain art beyond encrypted native consumers, allowing more people to understand and collect generative art that connects the digital world and the physical world (PR Newswire)
On April 13, Ryodan Systems AG, the development company of Intmax, the second-tier network project of zkRollup, announced the completion of seed round financing of approximately 650 million yen (approximately US$4.88 million), HashKey Capital, Scroll, Yusaku Maezawa's MZ Web3 Fund and Alchemy Venture, and Angel investors including Ethereum cryptographer Justin Drake and former Coinbase CTO Balaji Srinivasan participated in the round.
The company stated that it will use zkRollup to build an infrastructure based on Ethereum encryption technology, thereby achieving near-zero gas costs and data sovereignty. In addition, Intmax is expected to start trials on the Ethereum mainnet in the second quarter of 2023 (April-June). Operation, the main network will be launched in the fourth quarter (October-December). (Our Bitcoin News)
Blockchain jewelry company Taylor&Hart closes €4 million funding led by Energetic Companions
On April 13, blockchain jewelry company Taylor&Hart announced the completion of 4 million euros (about 4.4 million U.S. dollars) in financing, led by Energetic Companions, with participation from Virgin Cash, a British financial institution founded by Richard Branson, and crowdfunding platform Seedrs .
Taylor&Hart uses blockchain technology to monitor jewelry and diamonds to ensure product authenticity and track every step of the diamond process, improving supply chain transparency. Taylor & Hart claims to be the first jewelery brand in the UK to use blockchain to track diamonds as they are made into rings. (Crypto News BTC)
On April 11, encrypted asset forensics and cybersecurity company CAT Labs completed a $4.3 million financing round, with participation from Castle Island Ventures, Brevan Howard Digital, CMT Digital, RW 3 Ventures and Newark Venture Partners.
It is reported that Lilita Infante, founder of CAT Labs, served as a special agent for the U.S. Department of Justice for 10 years and created the first-ever federal task force focused on cryptocurrencies. The fledgling CAT Labs has 8 full-time employees and 5 contractors across two verticals. The first is a tailor-made service for government clients to help them recover crypto assets from digital evidence such as a hacked computer or mobile phone; the second is cryptocurrency-focused cybersecurity for the private sector to prevent digital Assets are stolen and their infrastructure is protected. (Fortune)
Crypto fraud prevention and protection startup Fire raises $3.5 million led by Atomic
On April 11, 6457.eth, co-founder of encryption fraud prevention and protection startup Fire, announced on Twitter that the company has completed a new round of financing of $3.5 million, led by Atomic.
According to reports, the security tools developed by Fire are dedicated to improving the Web3 security experience, helping users avoid being troubled by fraud, and promoting the growth of encryption and NFT ecology. Its tools currently support wallets on networks such as Ethereum, Polygon, Optimism, and Arbitrum.
On April 14, Natix Network, a decentralized camera network headquartered in Hamburg, Germany, announced the completion of a $3.5 million seed round of financing, led by Blockchange Ventures, XYO, Mysterium Network, CVVC, Mulana Capital and Blockarm Capital, as well as existing investors Techstars , Plug and Play Ventures and CoinIX Capital participated in the investment. Natix Network, which uses AI-powered decentralized camera networks to create real-time city maps, will support the launch of Drive&, its first physical infrastructure network (DePIN)-based mobile app. (Tech.eu)
Web3 Instant Payments Company Helio Closes $3.3M Seed Round Led by Peak and Lightspeed Faction
On April 14, Helio, a Web3 instant payment company, announced the completion of a $3.3 million seed round of financing, led by Peak and Lightspeed Faction, with participation from RockawayX, Solana Labs and a group of angel investors.
It is reported that Helio helps merchants, dApps, and creators to easily accept cross-chain instant encrypted payments. It currently supports Solana, Polygon, and Ethereum. Its services include e-commerce, NFT sales, SaaS subscriptions, content paywalls, and other payments. (Tech.eu)
On April 11, the decentralized trading platform UXUY announced the completion of a $3.2 million seed round of financing, with investors including Bixin Venture, WaterDrip Capital, KuCoin Ventures, Pionex, LK Venture, Arcane Group, Daoverse Capital, Lapin Digital and other institutions.
It is reported that UXUY is a next-generation innovative decentralized trading platform based on the MPC wallet.
Medieval Empires raises $3M led by DWF Labs
On April 14, blockchain game Medieval Empires raised $3 million in a recent funding round led by DWF Labs, and the funding will accelerate production of the game for a public release by the end of the year, according to the project’s roadmap.
It is reported that Medieval Empires has launched an early access version of the game for its Land NFT holders.
Game studio CEBG Studio completes $3 million in private financing, led by Youbi
On April 12, according to official news, the game studio CEBG Studio completed a $3 million private equity financing, led by Youbi, with participation from A&T, Hashkey, Kernel, GSR, Welight, IGG, Pepper, and Bing Venture. Funds from the private placement round will be used for project research and development and community development.
According to the official Twitter, CEBG started a month-long Beta Test and Explorer community airdrop on April 8. The product is expected to be officially released in June.
Web3 Loyalty Program Platform DappBack Closes $2.5M Funding Led by IOSG Ventures and Greenfield
On April 10, DappBack, a Web3 loyalty program platform, completed a $2.5 million seed round of financing, co-led by IOSG Ventures and Greenfield.
It is reported that DappBack provides a code-free self-service platform for the Web3 protocol to build a customized community reward system, acquire real users and drive active participation. On-chain agreements, DAO, DEX, etc. and direct-to-consumer brands can use DappBack's SaaS platform to build and publish their on-chain and off-chain tasks and rewards, customize NFT or native token loyalty programs based on brand characteristics, To achieve community growth and user retention.
Dappback has partnered with projects like ShapeShift, CyberConnect, Unstoppable Domains, and Origin Protocol. Within 8 months of launching its beta platform, more than 70,000 users have completed approximately 4 million verified tasks, and more than 30,000 users have received NFTs and credits for DappBack. These users can hold their NFTs to prove their contribution and reputation in each brand’s community, gain exclusive access to new products and applications, and receive special discounts and token airdrops.
Blockchain music sales platform EVEN completes $2.2 million seed round led by CSA Partners
On April 16, EVEN, a blockchain music sales platform, announced the completion of a $2.2 million seed round of financing, led by CSA Partners, with participation from gANGELS, gener 8 tor, and angel investors such as Daniel Rotman and Adie Akuffo-Afful. EVEN, currently in beta, allows artists to sell music directly to fans, giving fans access to exclusive music content and experiences, and each transaction will be recorded on the blockchain for greater transparency. (global village space)
Protecc Labs Closes $1.5M Seed Funding Round Led by Dialectic Group
On April 14, Protecc Labs, a project aimed at building a simplified layer and ecosystem for NFT, announced the completion of a $1.5 million seed round of financing, led by Dialectic Group, UOB Venture Management, Signum Capital, Interlinked Capital, Side Door Ventures, 0x Ventures, Kronos Ventures, 3.0 Capital, Concave Ventures, Cogitent Ventures participated.
On April 14, Pear Protocol, an on-chain derivatives protocol, completed a $1.25 million seed round of financing, with participation from Flow Ventures, RNR Capital, Portico Ventures, and JY Capital. It is reported that Pear Protocol supports traders to open long or short positions in multiple assets by using their investment portfolio as collateral.
Decentralized AI integration startup AiONE completes $1 million seed round
On April 16, AiONE, a decentralized AI integration start-up company, announced the completion of a $1 million seed round of financing. A group of private investors participated in the investment. The new funds will be used to accelerate the infrastructure construction of the AiONE platform, expand the ecosystem and seek more strategies Partner.
AiONE mainly helps enterprises and project parties integrate artificial intelligence design into various business development processes. The company has launched the native token AIONE, which will be used for infrastructure services, artificial intelligence-driven purchases, pledge reward distribution, and participation in community governance voting etc., and its main network is expected to be launched in 2023. (U. today)
LABEL Foundation Receives $1M Investment from DWF Labs
On April 10, the Korean blockchain music organization LABEL Foundation received venture capital from Web3 investment company DWF Labs. DWF Labs has injected USD 1 million into LABEL's ecosystem to boost the growth of its DApp TRACKS and expand its user base by bringing innovative solutions to the market.
Over the years, LABEL Foundation has completed two rounds of financing, led by traditional investment institutions eBest Investment & Securities and Groom Investments. (AMBCrypto)
On April 13, Spanish encryption startup CryptoTechFin completed a pre-seed round of nearly 500,000 euros (approximately $550,000), led by Not Just Investments and R 2 Seed Investments.
By partnering with GenTwo and local Swiss entities, CryptoTechFin will use the financing to reach a new client base to assist in the creation of Swiss ISIN investment products focused on professional and institutional investors. (Finextra)
Web3 AI startup ReAI.chat completes $500,000 in financing, FaTLabs invests
On April 11, ReAI.chat, a Web3 AI start-up company, announced the completion of $500,000 in financing, invested by FaTLabs, and will focus on the AI knowledge base in the web3 field.
It is reported that ReAI is an AI start-up company that mainly focuses on web3 knowledge base. It is currently divided into two product lines. For web3 project parties and communities, ReAI provides customized AI MOD services. Project parties can directly upload the official website/white paper/AMA/media Enter various types of content into ReAI, and you can get a 24-hour AI MOD to answer various types of questions from users in your own community. For individual users, ReAI will be their knowledge base. Users can directly input the news/tutorials/in-depth articles they see every day. ReAI will provide personal knowledge base services. Users can call historical content at any time, and use natural Semantic output.
OKX Ventures makes strategic investment in Layer 1 public chain Sei Network
On April 12, according to official news, OKX Ventures announced a strategic investment in Layer 1 public chain Sei Network. Sei Network is the first parallelized Cosmos chain, allowing independent transactions to be processed simultaneously, improving overall throughput and latency, and designed specifically for transactions.
According to Dora, the founder of OKX Ventures, "OKX Ventures has long-term firmly embraced the future of decentralized development, insisted on investing in long-term structural value, and added Layer 1 potential projects with innovative technologies. We will provide funds for this investment in Sei Network We will grow together with entrepreneurs, and introduce the OKX ecology to empower project parties and help them build a more decentralized and efficient financial infrastructure.”
Metaverse Technology Provider Youli Technology Completes Nearly 100 Million Pre-B Round of Financing
On April 12, Shenzhen Youli Space-Time Technology Co., Ltd. (hereinafter referred to as "Uli Technology"), a digital twin and metaverse core technology provider, announced the completion of the Pre-B round of financing of nearly 100 million yuan. This round of financing was led by Kunpeng Yichuang, Hecheng Capital and other institutional investment. The funds will be mainly used for product iteration, market expansion, and technical team expansion.
Youli Technology is a 3D visualization platform technology supplier. Relying on the full-stack self-developed 3D data rendering engine, high-precision point cloud modeling technology, and 3D holographic interaction technology, it provides customers with industrial-level digital twin creation, application and enterprise-level Metaverse platform service. (36 krypton)
Web3 social login solution Ramper receives investment from Coin 98
On April 11, Coin 98 officially announced that it has made a strategic investment in Ramper, a Web3 social login solution, with an undisclosed investment amount. The Ramper team developed a new key management architecture called the Restorative Performance Multiple Encryption System (RPMS). RPMS was built to reach the next billion users by prioritizing speed, security, portability, and ease of use.
As previously reported, on March 1, 2022, Ramper announced a $3 million seed round of financing led by Hashed, with participation from Terra, Polygon, Goodwater Capital, Samsung NEXT, Golden Ventures, R 7 Capital, 500 Global, Maple VC and other angels Investors participate.
Web3 game studio SinVerse Studios receives multi-million dollar investment from DWF Labs
On April 10, SinVerse Studios, a Web3 game studio, received millions of dollars in investment from DWF Labs, with an undisclosed amount.
Through a strategic partnership and investment from DWF Labs, SinVerse Studios plans to develop The NFT Cube, a Web3 game console. (Bitcoin.com)
On April 11, Caldera, a Web3 infrastructure provider, tweeted that it had announced the news of its seed round of financing in February this year, and SevenX Ventures was also a participant in the seed round of financing.
According to previous reports, in February this year, Caldera announced that it had raised a total of US$9 million in two rounds of financing, led by Sequoia Capital and Dragonfly Capital, respectively, Neo, 1kx, Ethereal Ventures and other angel investors participated in the investment. The funds will be used for recruitment, Collaborate and integrate.
It is reported that Caldera supports all users to start and run a dedicated, high-performance second-layer blockchain Rollup, and run a lightweight, highly customizable blockchain, while sharing the security of Ethereum. By giving each application its own "application rollup," Caldera says it provides dedicated channels for application transactions, reducing transaction costs and making them less risky of fee spikes and network outages.
Web3 Social Media App Chingari Receives Investment from Jump Crypto
On April 13, according to official news, Web3 social media application Chingari announced that it has completed a new round of equity financing, and the encryption venture capital Jump Crypto participated in the investment, but the specific financing amount has not been disclosed yet. The new funds will be used to accelerate product development and user growth , and global market expansion.
In addition, it was reported that Chingari also received investment from Aptos Labs in February this year and will be built based on the Aptos network. A new version of the application is expected to be launched in the near future. The new function of Creator Cuts V2 has been launched to support digital collectors and creators to build NFT.
