According to Odaily’s incomplete statistics, a total of 30 domestic and overseas blockchain financing incidents were announced from April 24 to April 30, a decrease from last week’s data. There is a significant decline.
Judging from the amount of financing disclosed last week, the more popular projects include crypto custodian Zodia Custody ($36 million), metaverse office platform Katmai ($22 million), NFT football game development company Goals ($20 million) wait
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):
Crypto Custody Zodia Custody Closes $36M Series A Funding Led by SBI Holdings
On April 27, crypto custodian Zodia Custody announced the completion of a US$36 million Series A financing, led by SBI Holdings and participated by SC Ventures, a venture capital arm of Standard Chartered Bank. Zodia Custody CEO Julian Sawyer declined to provide details on the composition of the company's ownership following the funding round, but said Standard Chartered remains the majority shareholder and SBI Holdings is now the company's second-largest shareholder.
Zodia will use the funding to expand beyond its current markets in Europe and Asia, adding that the company is also interested in opportunities in the Middle East. However, expansion in the US would not be considered due to "uncertainty over the regulatory roadmap". The funds will also be used by the company to support more digital assets, including staked ethereum.
It is reported that Zodia Custody was established at the end of 2020 and was previously only supported by Standard Chartered Bank and Northern Trust, which owns 90% of the company's shares. Zodia Custody targets institutional investors in digital assets, and also has a separate cryptocurrency trading platform, Zodia Markets. (Bloomberg)
Metaverse Office Platform Katmai Closes $22M Funding Led by Starr Insurance Companies
NFT football game development company Goals completes $20 million in Series A financing, led by Seven Seven Six
Ethereum interoperability protocol Omni Network completes $18 million in financing, Pantera Capital and others participate
On April 26, the Ethereum interoperability protocol Omni Network announced the completion of $18 million in financing, with Pantera Capital, Two Sigma Ventures, Jump Crypto, Hashed, The Spartan Group and others participating.
Omni Network also stated that its core technology partners include Arbitrum, Polygon, StarkWare, Scroll, Linea, etc.
Thetanuts Finance Closes $17M Funding Led by Polychain Capital
On April 26, Thetanuts Finance, a multi-chain structured product agreement, completed $17 million in financing, led by Polychain Capital, Hyperchain Capital and Magnus Capital. Funding from this round will be used to form new partnerships with Layer 1, Layer 2 network liquidity providers, blockchain foundations, market makers, and exchanges. (CoinDesk)
On April 25, 42 Markets Group, the fintech incubator and investment group that owns Mesh, announced $10 million in growth funding from Convergence Partners to facilitate the growth and development of its portfolio companies, including Mesh, Andile and FXFlow.
Co-founded in 2019 by Managing Director Connie Bloem and 42 Markets Group CEO Andries Brink, Mesh (Mesh.trade) aims to bridge the gap between TradFi, AltFi and DeFi, allowing market participants to issue, tokenize, trade, Settle and manage multiple classes of digital securities. Initially launched on the Stellar blockchain, Mesh is currently working on integration with other L1 blockchains to launch a new range of asset classes.
Crypto Wallet Giddy Completes $6.9M Funding, Pelion Venture Partners Participates
On April 28, the encrypted wallet Giddy announced the completion of a new round of financing of US$6.9 million. This round of financing was participated by Pelion Venture Partners, Peak Capital Partners, Clarke Capital, etc., including strategic investment from Fortnite co-founder Geremy Mustard. Pelion led Giddy’s $8 million funding round in 2022, bringing the company’s total investment to date to more than $15 million.
Proceeds from the new capital will be used to advance its strategy to bring crypto to the masses through its recoverable self-custodial smart wallet technology, Giddy said. (CoinDesk)
On April 25, institutional credit infrastructure provider Credora raised $6 million in a strategic funding round that included investors S&P Global and Coinbase Ventures. Other participants in the round include Spartan, Amber Group, CMT Digital, Hashkey, GSR, KuCoin Ventures, liquidity provider Paradigm.co, Pirata Capital, Breed VC, and WAGMI Ventures. The round brings Credora’s total funding to a whopping $16 million. The funding will help build the technology and support Credora's private computing technology used to underwrite and monitor borrowers. The startup provides the technical infrastructure for centralized and decentralized institutional credit.
It is reported that Credora was established in 2019 to provide a loan infrastructure and credit rating system tailored for the private credit market. Its privacy-preserving technology enables lenders to make informed real-time decisions without revealing borrower information, the company said. (CoinDesk)
DeFi Protocol DFlow Completes $5.5M Funding Led by Framework Ventures
On April 25, the DeFi protocol DFlow completed a $5.5 million financing, led by Framework Ventures, with participation from Coinbase Ventures, Circle Ventures, Cumberland, Wintermute Ventures, Spartan Group, and ZeePrime.
It is reported that DFlow allows market makers to buy order flow directly from the wallet application, and guarantees that the market maker will provide execution at the best price. DFlow defines the best price as the lowest public price aggregated for centralized and decentralized exchanges. (CoinDesk)
On April 27, Cata Labs, a blockchain infrastructure start-up company, completed a $4.2 million seed round of financing led by Spartan Group, followed by Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures, Superscrypt, etc. .
NFTGo completes a US$4 million strategic round of financing, Qiming Venture Partners, Hash Global and others participated in the investment
It is reported that NFTGo, established in 2021, is a one-stop NFT data analysis platform that can provide users with NFT solutions, such as NFT data analysis, transaction aggregator and asset management services. NFTGo recently launched Data API and Aggregator API solutions. (Segyebiz)
It is reported that NFTGo, established in 2021, is a one-stop NFT data analysis platform that can provide users with NFT solutions, such as NFT data analysis, transaction aggregator and asset management services. NFTGo recently launched Data API and Aggregator API solutions. (Segyebiz)
Lightning Network data analytics firm Amboss raises $4 million in seed round led by Stillmark
On April 26, Amboss Technologies, a start-up for Bitcoin Lightning Network data analysis, announced the completion of a $4 million seed round of financing led by Stillmark, with participation from Valor Equity Partners, Draper Associates, Fulgur Ventures, and Ride Wave Ventures. Funds from this round of financing will be used for AI research and product development, promoting the automation of node and channel management.
It is reported that Amboss uses data, analytics and social components to enable users to make strategic decisions in routing payments through the Lightning Network. According to Ambos, the Lightning Network nodes of Kraken Exchange and TBD, a subsidiary of Jack Dorsey’s Block, are currently hosted on the Amboss platform. (Fortune)
Metaverse Platform Transmira Completes $4 Million in Equity Financing, nChain Participates
On April 28, Metaverse platform Transmira announced the completion of US$4 million in equity financing. nChain participated in the investment and obtained a 20% stake in the company. nChain reached a strategic partnership with Transmira in February this year and initiated an investment proposal.
It is reported that Transmira is the development company of the metaverse platform Omniscape, which helps brand owners monetize virtual goods through the metaverse, thereby generating deeper user engagement and brand loyalty. (prnewswire)
On April 24, Rise Works, a Web3 payroll and compliance solution, completed a $3.8 million seed round of financing, led by Sino Global Capital and Polymorphic Capital, with Draper Associates, HashKey Capital, Paradigm Shift Capital, WW Ventures, P2P Validator, and Cosmo Capital Wait to vote. Funds from this round of financing will be used to expand the team, increase product offerings, expand the business, and pursue strategic partnerships and development to drive further growth. (Blockworks)
Digital bill of lading platform Secro closes $3.6M seed round led by Augment Ventures and TMV
On April 28, Secro e-Bill, a blockchain digital bill of lading platform provider, completed a $3.6 million seed round of financing. This round of financing was led by Augment Ventures and TMV, with participation from Kluz Ventures and Grit and Gumption Ventures. The new funds will be used to expand its platform, develop new features and expand its network of business partners.
It is reported that Secro is built on NEM Symbol’s private blockchain, enabling users to export proof of original documents, attach supporting documents to electronic bills of lading and convert the latter to paper form, thereby meeting compliance prerequisites and local customs requirements.
Softbank Capital Group has completed the first seed round investment of US$3 million in AI WORLD
On April 24, according to official sources, the US Softbank Capital Group announced on April 12 that it completed the first seed round investment of US$3 million in AI WORLD. This investment not only provides important financial support for the development of AI WORLD, but also lays a solid foundation for the investment layout of SoftBank Capital Group in the field of artificial intelligence.
It is reported that AI WORLD is a global project focusing on artificial intelligence technology innovation and blockchain applications. It has strong technical research and development capabilities and has achieved remarkable results in multiple industries.
On April 25th, Libraro, a blockchain book publishing platform, announced the completion of a £2 million financing, with participation from nChain and Web3 incubation project Block Dojo.
It is reported that Libraro supports writers to publish the content of their works to its platform, and uses blockchain technology to record and protect the copyright of uploaded materials to ensure the "integrity" of the platform. The company also launched NFT digital collections as user incentives.
Odaily News Web3 customer relationship management (CRM) solution provider MetaCRM completed a $2.5 million seed round of financing, led by Cherubic Ventures, with participation from Ondine Capital, Red Building Capital, and Tribe Accelerator.
One of MetaCRM's main products, MetaForm, collects feedback and data, and provides NFT creation among other features. MetaDesk aggregates customer tickets using on-chain tags to provide a single view of multi-chain transactions. Additionally, MetaCRM plans to integrate ChatGPT into the system. (Tech in Asia)
On April 26, Tribe 3, a decentralized trading platform for NFT futures, completed $2.1 million in financing. This round of financing was led by Spartan Capital, Newman Capital, Infinity Ventures Crypto, Modular Capital, Cogitent Ventures, Blockbuilders, Founderheads, Lapin Digital and several angels Investors participate.
Tribe 3 is an NFT futures DEX with social and gamification features. Users can trade any NFT perpetual contract through leverage, participate in community battles, earn items based on trading behavior, etc. The mission of this protocol is to become an attractive Social NFT derivatives exchange. (globenewswire)
Chain game Flappy Moonbird completes $2 million in financing, led by FBG Capital
On April 24, Flappy Moonbird, a free-to-play chain game, announced that it had completed a $2 million Pre-B round of financing at a valuation of $60 million, led by FBG Capital. Previously, at the end of December 2022, Flappy Moonbird completed a US$6 million Series A financing, led by LinkVC.
It is reported that Flappy Moonbird is produced by Helix Table, the studio of French video game developer and publisher Voodoo, and is the latter's first game to enter Web3.
Decentralized asset management platform Teahouse Finance raises $2 million led by AppWorks
On April 25, Teahouse Finance, a decentralized asset management platform, announced a new round of financing of US$2 million, led by venture capital and accelerator AppWorks (the initial accelerator). In addition to a round of financing in 2021 involving blockchain venture capital firms Pantera Capital, NGC Ventures, and Perpetual Protocol, Teahouse Finance has raised a total of $5 million in financing so far.
Modular DEX infrastructure Native closes $2M seed round led by Nomad Capital
On April 27, according to official news, modular DEX infrastructure Native announced the completion of a $2 million seed round of financing, led by Nomad Capital. The new financing will be used for product development with a focus on enabling flexibility, modularity and interoperability.
According to reports, using Native, projects can control every element of the exchange experience, including UI, pricing model, risk management settings, and exchange fees. Native does all this through a simple web UI, simplifying the complexity of the underlying smart contracts and APIs.
On April 28, according to the official Twitter, SuiPad, the Sui ecological Launchpad project, announced the completion of financing of US$1.155 million. NGC Ventures, GBV Capital, Cogitent Ventures, Rarestone Capital, Kernel Ventures, Cypher Capital CEO Vineet Budki, Kairon Labs, NewTribe Capital, Moonrock Wait to vote. In addition, its IDO will be released on SuiPad Launchpad and DAO Maker Launchpad from 21:00 on April 28 to 21:00 on May 10.
On April 25, according to official news, ARPA Network announced that it has received a multi-million dollar strategic investment from DWF Labs to promote the development of decentralized computing solutions. It is reported that the cooperation aims to further enhance ARPA’s cryptography and blockchain research and development capabilities, establish connections with DWF’s portfolio projects, and promote the wider application of threshold signature schemes in multiple vertical fields of the blockchain industry. In addition, additional resources and support will be provided to ARPA Network to facilitate the rapid growth and development of ARPA Network, expand marketing efforts, enhance ARPA's brand image, and reach a more diverse audience across multiple industries.
ARPA Network, a decentralized secure computing network, will also accelerate the development of innovative applications based on its infrastructure, such as the random number tool Randcast, which can be widely used in games, lottery, NFT minting and whitelisting, key generation and block A variety of scenarios including chain verification node task distribution solutions, etc.
NFT marketplace Colecti receives €470,000 equity investment from Lisk
On April 24, Colecti, an NFT market, received an equity investment of 470,000 euros (about 520,000 U.S. dollars) from Lisk, and will launch an NFT market on Lisk. The financing was part of a Colecti Pre-Seed round. Previously, Web3 platform Lisk launched an accelerator program aimed at providing grants of up to 250,000 Swiss francs ($270,000) to developers who want to develop applications in its ecosystem, and said it would pay special attention to developing projects in specific areas. Startups for blockchain solutions.
P2E football game Fanton Fantasy Football completes $300,000 financing, FirstStage Labs participates
On April 26, Fanton Fantasy Football, a TON ecological P2E football game, completed a pre-seed round of financing of US$300,000, with a valuation of US$5 million, and FirstStage Labs participated in the investment.
Fanton Fantasy Football allows users to build teams through NFT player cards to participate in the game. So far, more than 50,000 players have participated in the game.
Aki Protocol Closes Seed Funding Round Led by Akatsuki Web3 Fund Emoote and Mask Network
On April 28th, Web3 data-driven influencer network Aki Protocol (also known as Aki Network) announced today that it has completed a seed round of financing at a valuation of US$40 million. The Japanese Akatsuki's Web3 fund Emoote and Mask Network led the investment, Maezawa Web3 Fund, Incuba Alpha , Meteorite Labs, CatcherVC, Alchemy Pay, Futurism Labs, Oxbull, etc. participated in the investment, and angel investors included project founders such as CyberConnect, SynFutures, DODO, and Hooga Gaming.
It is reported that Akatsuki is a Japanese listed entertainment group with many well-known intellectual property rights; Maezawa Web3 Fund was founded by Japanese billionaire Yusaku Maezawa, who is leading the dearMoon moon landing project supported by Musk and SpaceX.
Web3 Credit Protocol Getaverse Receives Investment from LD Capital
On April 27, according to official sources, the Web3 credit agreement Getaverse announced that it has received investment from LD Capital, and the specific investment amount has not yet been disclosed.
As the first DID credit agreement project invested by LD Capital, Getaverse will receive a full range of post-investment services from LD Capital. The investment will be used to expand the DID platform, develop the DID credit management system and AI components, and improve user experience, among other things.
In the next step, Getaverse will continue to leverage the advantages of the DID platform, standardize SBT technology, provide more SBT application use cases, and promote innovation and development in the field of decentralized identity management.
Web3 Startup D 3 Labs Completes Pre-Seed Round of Financing, Saison Capital and Others Participate
On April 26, D 3 Labs, a Web3 start-up company, announced the completion of the Pre-Seed round of financing. The specific amount has not been disclosed yet. Saison Capital, Kinesys Capital, Arkana Capital, EX Capital, Qredo, DS/X Venture, and UOB Venture of United Overseas Bank Management blockchain fund UVM Signum Blockchain Fund and Signum Capital participated in the investment.
Funds from this round of financing will be used to build a minimum viable product (MVP), which is expected to launch in May of this year. It is reported that D 3 Labs mainly provides programmable currency technology solutions and infrastructure for enterprise users. (Dinsights)
On April 24, Cosmose AI, a consumer shopping data analysis platform, announced that it is working with Near Protocol. The two parties are building a payment system that allows users to shop with cryptocurrencies at low transaction fees, saving money for both buyers and sellers.
As part of the partnership, the Near Foundation, a nonprofit that supports the development of the Near Protocol ecosystem, has made a strategic investment in Cosmose AI. The round, for an undisclosed amount, raised the company’s valuation to $500 million from $100 million in its Series A round in 2020.
