Compiled by Golden Finance
This week, 19 blockchain startups received funding of $85.1 million. The largest round of funding was Andrena, which raised $18 million in Series A funding; 12 projects received Series A funding, and 6 projects received other rounds of investment.
The largest funding round this week
1. Andrena
Andrena raised $18 million in Series A funding from Dragonfly Capital*, CMT Digital, Castle Island Ventures, Wintermute, 6th Man Ventures (6MV), and ParaFi Capital.
About Andrena
Andrena is a decentralized wireless internet provider that aims to revolutionize broadband access through blockchain technology. Andreana uses the Solana blockchain to provide affordable, efficient, high-speed internet solutions to underserved and remote areas. The platform uses a decentralized infrastructure where users can contribute bandwidth and earn rewards, thereby ensuring wider internet coverage and reliability.
Pre-seed and Seed Funding Rounds
2. Vessel
Vessel raised $10 million in a seed round from Sequoia Capital, Avalanche Foundation, Algorand Foundation, Folius Ventures, Incuba Alpha, IMO Ventures, Sandy Peng, Ye Zhang.
About Vessel
Vessel is a decentralized exchange powered by zero-knowledge (ZK) technology that aims to revolutionize decentralized finance (DeFi) trading. Vessel combines the efficiency and user-friendliness of centralized exchanges with the transparency and security of decentralized platforms to provide a powerful trading experience. The platform uses ZK technology to ensure the privacy and security of transactions, enabling trustless and efficient transactions. Vessel's innovative approach supports advanced order book functionality and scalability, making it an important player in the development of decentralized finance.
3. Pentagon Games
Pentagon Games raised $6 million in a seed round of financing from Animoca Brands, Binance Labs Fund, Symbolic Capital (formerly Hyperedge Capital), NFX, Polygon, Republic, The Spartan Group, Tess Ventures, and Yield Guild Games (YGG).
About Pentagon Games
Pentagon Games is a pioneering platform that revolutionizes game development, distribution, and experience using Web3, artificial intelligence (AI), and XR metaverse technologies. As an official validator of Polygon, Pentagon Games provides a full range of services to bring games into the Web3 ecosystem, including proprietary AI development tools, launchpads and token economic consulting, as well as partner and player network access. The platform aims to enhance game brand building and provide immersive experiences, becoming the center of innovation in the gaming industry.
4.Nexio
Nexio raised $2.2 million in a round of Pre-seed financing from Lattice Fund*, HTX Ventures (formerly Huobi Ventures), Artichoke Capital, Morningstar Ventures, Sharding Capital, SNZ Holding, Sats Ventures, Wise3 Ventures, vVv dotnet, Santiago R. Santos, and Paul Taylor.
About Nexio
Nexio is a parallelized Bitcoin rollup project that aims to use the most secure smart contract language on the most secure blockchain to create a low-cost decentralized finance (DeFi) environment.
5.UniWorlds
UniWorlds received an investment from UniSat* in a round of Seed financing of an undisclosed amount.
About UniWorlds
UniWorlds is creating an ecosystem for world building. They provide infrastructure and toolkits for creating communities, games, and worlds on Bitcoin through fractal Bitcoin technology. Using this infrastructure and toolkit, users can autonomously build their own communities, games, and worlds that will be able to communicate with each other natively. Some people call this the metaverse.
6.375ai
375ai raised $5 million in a Seed round of financing from 6th Man Ventures (6MV)*, Arca Fund, Escape Velocity, Primal Capital, Auros Global.
About 375ai
375ai is pioneering the world's first decentralized edge data intelligence network. The platform uses advanced AI and blockchain technology to enable real-time data collection, processing, and analysis at the edge. 375ai's products include 375edge nodes and 375go mobile applications, which help achieve efficient, secure, and private data collection. Users can participate in the network by deploying nodes, using applications, or staking tokens while earning rewards. 375ai aims to democratize data access, improve data privacy, and enhance decision-making capabilities through its scalable, AI-driven infrastructure.
7. Blockscout
Blockscout raised $3 million in a round of Seed financing from 1kx*, Primitive, Gnosis DAO, Alex Svanevik, Kartik Talwar, Anton Bukov, Stefan George.
Blockscout Introduction
Blockscout is an open source blockchain browser that supports Ethereum and EVM-compatible chains. It provides users with detailed information about transactions, addresses, blocks, and smart contracts on the blockchain. Blockscout has a user-friendly interface and powerful search capabilities that enable developers and users to easily explore and analyze blockchain data. The platform supports features such as token balances, transaction history, and contract verification, and is a valuable tool for any EVM-compatible blockchain interactor.
8. Lync
Lync raised $1.5 million in a round of pre-seed funding from Levitate Labs, Smape Capital, Amesten, Aptos Network, 8186 Capital, LongHashX Accelerator, Gabby Dizon.
About Lync
Lync is a multi-chain gaming ecosystem that provides critical infrastructure for tier-one game studios and independent developers. The platform provides SDKs that are easy to integrate with game engines such as Unity 3D and Unreal Engine, enabling developers to save a lot of development and smart contract auditing time and costs. Lync supports cross-chain functionality, ensuring that games can run seamlessly on multiple blockchain networks. With a strong Web3 community and partnerships, Lync aims to drive the future of gaming by bringing the next wave of developers into the Web3 space.
9. DeAgentAI
DeAgentAI raised $6 million in a seed round from Web3com Ventures, Vertex Ventures, Waterdrip Capital, Tido Capital, GoPlus Security, Panony, CatcherVC.
About DeAgentAI
DeAgentAI is working to combine AI with blockchain by developing intelligent neural networks customized for Web3. The platform focuses on creating AI-native infrastructure using its proprietary Large Language Model (LLM) and Agent-Centric Index (AGI) system. This enables advanced user interactions by highly intelligently understanding and responding to intrinsic business intent. DeAgentAI aims to revolutionize decentralized applications by improving efficiency, simplifying user experience, and maintaining strong security, ultimately pushing the boundaries of possibility for the blockchain ecosystem.
10. Curio
Curio raised $5.7 million in a seed round from Bain Capital Crypto, SevenX Ventures, OKX Ventures (formerly OKEx Blockdream Ventures).
About Curio
Curio is a game studio focused on building infrastructure for composable on-chain crypto games. The studio aims to unlock new types of games where players can co-create governance structures and economic systems to inspire creativity and innovation. Curio has demonstrated a demo to thousands of users and is developing its first major game. The company prioritizes learning speed and provides competitive ownership to its team members. Curio is committed to pioneering new crypto infrastructure, including custom game rollups and scaling solutions.
11.Khalani Network
Khalani Network raised $2.5 million in a seed round from Ethereal Ventures*, Nascent, Maelstrom, Figment Capital, Nick White, Arjun Bhuptani.
About Khalani Network
Khalani is a decentralized solver infrastructure designed to simplify and optimize intent-based applications in the Web3 ecosystem. It provides a powerful platform for efficiently managing and executing complex on-chain intents. Khalani leverages a network of solvers to provide scalable solutions that ensure high performance and secure operation of decentralized applications. By decentralizing the intent solving process, Khalani enhances the reliability and transparency of Web3 services and promotes innovation and growth in the decentralized space.
12. Payman
Payman raised $3 million in a pre-seed round of funding from Visa, Coinbase Ventures, BoostVC, The Spartan Group, Untapped Capital, Protofund.
About Payman
Payman AI is an innovative platform that facilitates AI-to-human payments, enabling AI systems to pay humans for completing tasks. The platform integrates seamlessly with AI agents, enabling them to assign tasks, manage payments, and efficiently receive human feedback. Payman supports multiple payment methods, including fiat and cryptocurrencies, ensuring wide accessibility. The platform's marketplace connects AI with humans to complete tasks together that require human intelligence, thereby improving the overall performance and functionality of AI systems while creating new opportunities for human workers.
13. Elmnts
Elmnts (pronounced: elements) raised $2 million in a pre-seed round from Graph Ventures, Foundation Capital, B+J Studios*, Asymmetric fund, Anagram, Raj Gokal, Anatoly Yakovenko, Austin Federa, Autonomy Capital, MonkeVentures.
About Elmnts
Elmnts is a tokenized commodity ecosystem that simplifies the process of buying and selling oil and gas royalties for modern investors. Using blockchain technology, Elmnts makes real-world asset transactions more convenient, transparent, and efficient. Investors can now hold and trade commodities while holding their cryptocurrencies and non-fungible tokens (NFTs), benefiting from the greater security and transparency provided by blockchain. Elmnts aims to revolutionize the commodity investment space by seamlessly integrating commodity investing with the digital asset space.
Other Investment Rounds
14. Moonveil Entertainment
Moonveil Entertainment raised $3.6 million in a Series A round with participation from The Spartan Group*, gumi Cryptos Capital (gCC), Hashkey Capital, Animoca Ventures, Mask Network, and Hivemind.
About Moonveil Entertainment
Moonveil Entertainment is a Cayman Islands-based Web3 game studio focused on creating a new gaming ecosystem that enables players to own in-game assets and earn cryptocurrency rewards. They are developing games such as Astrak and Project B, which aim to meticulously track player contributions and identities in a flexible, composable, and immutable manner, and leverage token economics and non-fungible tokens (NFTs) to enhance the player's gaming experience.
15.Quantlytica
Quantlytica raised $1.1 million in a round of funding with participation from Polygon, Web3Port Labs, Eureka Partners, DWF Ventures, ZBS Capital, Aza Ventures, Gains Associates, and Crypto Society.
About Quantlytica
Quantlytica is a decentralized liquidity allocation protocol that optimizes and automates liquidity allocation between decentralized exchanges (DEX) and other decentralized finance (DeFi) platforms. The protocol uses advanced algorithms and smart contracts to manage and balance liquidity pools, ensure efficient asset allocation, and minimize slippage for traders. Quantlytica aims to enhance the overall liquidity infrastructure of the DeFi ecosystem, providing users with a better trading experience and higher capital efficiency.
16.TONX
TONX raised $4 million in a round of funding with participation from SNZ Holding and Summer Ventures.
TONX Introduction
Tonx is an AI-driven platform designed to enhance customer engagement and support. By integrating advanced natural language processing and machine learning algorithms, Tonx enables businesses to automate and personalize customer interactions across various channels. The platform offers features such as intelligent chatbots, predictive analytics, and seamless integration with existing customer relationship management (CRM) systems. Tonx aims to increase customer satisfaction, reduce response times, and streamline operations, making it an important tool for businesses looking to optimize their customer service processes.
17.Solayer
Solayer raised an undisclosed amount in a round of financing participated by Binance Labs Fund.
Solayer Introduction
Solayer is building a re-staking network natively on Solana, leveraging Solana's economic security and superior execution capabilities to provide a decentralized cloud infrastructure. This infrastructure enhances consensus and block space customization capabilities for application developers. Solayer's approach involves leveraging the economic security of SOL to secure other systems and developing a shared network of validators to scale Solana's security and infrastructure.
18.Zoth
Zoth raised $4 million in a strategic round of financing with participation from Taisu Ventures, G20 Group, DCI capital (Dutch Crypto Investors), Gydra Capital, XRPL Japan, and Korea Fund.
About Zoth
Zoth provides a financial ecosystem that bridges the gap between lenders and borrowers by providing access to capital through decentralized finance (DeFi). It focuses on bringing real-world assets on-chain, providing high-yield opportunities from emerging markets. The platform supports a variety of financial instruments such as invoice financing, asset leasing, and tokenized bonds, enhancing liquidity and reducing risk through strong risk mitigation strategies and insurance.
19.Cartridge
Cartridge raised $7.5M in a Series A funding round with participation from BITKRAFT Ventures*, Starkware, Fabric Ventures, Dune Ventures, Primitive, and Ergodic Capital.
About Cartridge
Cartridge.gg is a cutting-edge platform dedicated to revolutionizing the Web3 gaming experience. By integrating blockchain technology, Cartridge.gg provides gamers with a seamless and secure environment to discover, play, and monetize their gaming activities. The platform supports a wide variety of games, providing players with opportunities to earn rewards and participate in decentralized tournaments. With a focus on community and innovation, Cartridge.gg aims to redefine the gaming space by bridging the gap between traditional games and the thriving Web3 ecosystem.