Compiled by Golden Finance
This week, a total of 24 projects successfully raised funds, and the largest financing this week was Optimism, which raised $90 million. 10 projects received pre-seed and seed round investments, and 14 projects received other rounds of financing. The total financing of the crypto industry this week reached $216.7 million.
The largest financing this week
1. Optimism
Optimism raised $90 million in a round of financing from Andreessen Horowitz (a16z crypto).
About Optimism
Optimism is a Layer2 expansion solution for Ethereum that can support all Dapps on Ethereum. Unlike running all computations and data on the Ethereum network, Optimism puts all transaction data on-chain and runs computations off-chain, increasing Ethereum's transactions per second and reducing transaction fees. , thereby increasing Ethereum's transactions per second and reducing transaction fees.
Pre-seed and seed round financing
2. Resonance Security
Resonance Security raised $1.5 million in pre-seed financing from Arca Fund, Fabric Ventures and Blockchain Founders Fund.
About Resonance Security
Resonance Security is a comprehensive cybersecurity company that provides security solutions for organizations in Web2 and Web3 environments. Through personalized assessments and "security scores", the platform can identify and address weaknesses, enabling organizations to proactively mitigate potential threats and maintain strong cybersecurity measures in real time.
3.EYWA
EYWA raised 7 millionUSD in a seed round of financing from Michael Egorov, Big Brain Holdings, Genesis Block Ventures Capital (GBV), Distributed Capital, Marshland Capital, and Mulana Capital.
About EYWA
EYWA is a cross-chain liquidity protocol designed to enhance interoperability and liquidity sharing between different blockchain networks. It facilitates seamless asset transfers and interactions between different DeFi ecosystems, aiming to create a more unified and efficient blockchain environment. By integrating multiple chains, EYWA not only simplifies user transactions, but also supports developers to build more functional DeFi applications. The protocol aims to reduce the fragmentation of the crypto space and enable wider access and more liquid market conditions.
4. Airstack
Airstack raised $4 million in seed funding from Red Beard Ventures, Superlayer, Polymorphic Capital, Superscrypt, Hashed Emergent, Delta Blockchain Fund, CSP DAO, Primal Capital, Kyber Ventures, NGC Ventures (NEO Global Capital), Resolute Ventures, and Allen Day.
About Airstack
Airstack is a web3 API platform that aims to make it easy for individuals to discover and use data from the entire web3 ecosystem through APIs.
5. Blade Games
Blade Games raised $2.4 million in seed funding from PTC Crypto (Palm Tree Crew), IOSG Ventures, Bonfire Union, Animoca Ventures, Mantle Network, Foresight X, Formless Capital, Public Works, Puzzle Ventures, and K300 Ventures.
About Blade Games
Blade Games is a game studio dedicated to developing trustless games and infrastructure and integrating digital reality into them. They focus on developing games based on zero-knowledge proofs, are committed to driving innovation in blockchain games, and emphasize player sovereignty.
6. Agora
Agora raised $5 million in seed funding from investors including HAUN Ventures, Seed Club Ventures, Coinbase Ventures, Credibly Neutral, Sina Habibian, Balaji Srinivasan, Tim Beiko, Dan Romero, Will Price, Liam Horne, Hasu, and Packy McCormick.
About Agora
Agora is a cross-chain governance platform that provides an end-to-end protocol for decentralized communities, including tools such as gas voting, proposal sponsorship, and API integration. Trusted by top protocols such as Optimism and Uniswap, Agora provides scalable governance solutions with modular capabilities to meet the changing needs of communities.
7.Baxus
Baxus raised $5 million in seed funding from Multicoin Capital, Solana Ventures, FJ Labs, Narwhal Ventures, Austin Federa, Regan Bozman, Mike Zajko, and Vinny Lingham.
About Baxus
Baxus is a wine and spirits trading platform that uses blockchain technology to provide users with proof of ownership, identity verification, and secure storage solutions. By leveraging blockchain, Baxus ensures transparency and authenticity in alcoholic beverage transactions, and the corresponding NFTs prove ownership and facilitate secure transactions. When users redeem tokens for physical whiskey bottles or barrels, the associated NFTs will be invalidated and the goods will be removed directly from the trading platform.
8. MilkyWay
MilkyWay raised $5 million in a seed round from investors including Polychain Capital, Binance Labs Fund, Hack VC, Crypto com Capital, LongHash Ventures, Mustafa Al-Bassam, George Lambeth, Batuhan Dasgin, Yaoqi Jia, and Michael Ng.
About MilkyWay
MilkyWay is Celestia’s liquidity staking solution, allowing users to stake TIA coins and receive milkTIA tokens, which represent their staking positions and provide liquidity for the staked assets. With MilkyWay, users can earn automatically compounded staking rewards while still having the flexibility to trade or use their staked assets in DeFi products. In addition, MilkyWay Protocol will launch its native token MILK, which gives holders governance rights and a share of protocol fees generated by staking rewards.
9.STYLE Protocol
STYLE Protocol raised $2.5 million in seed funding from Morningstar Ventures, DCI capital (Dutch Crypto Investors), NxGen, Genesis Block Ventures Capital (GBV), Protocol Labs, Filecoin, Alpha Grep, FunFair Ventures.
About STYLE Protocol
STYLE Protocol is a decentralized infrastructure designed to facilitate the licensing and interoperability of assets and NFTs in any virtual environment. By leveraging the NFT sub-licensing mechanism, it enables true interoperability of virtual assets across various metaverses, games, and virtual worlds. The $STYLE token powers the protocol, allowing users to unlock custom avatars and use in-game assets seamlessly across different virtual worlds.
10. Bull Run Bets
Bull Run Bets raised $500,000 in seed funding from NxGen, Oddiyana Ventures, FundLand Capital, Triple Gem Capital, and Aitech Labs.
About Bull Run Bets
Bull Run Bets is an innovative AI-driven online casino that combines blockchain technology with a wide range of gaming options, including PVP betting, casino games, sports betting, and derivatives trading. Emphasizing transparency, fairness, and security, the platform integrates NFTs into the gaming experience, offers unique betting options, and enhances player engagement through loyalty rewards, tournaments, and AI-enhanced fraud detection. Bull Run Bets is officially licensed by Curacao Electronic Games and promises to provide a safe, fair and engaging environment for all players.
11.Metale Protocol
Metale Protocol (formerly Read2N) raised $2 million in a seed round of financing from Waterdrip Capital, Aipollo Investment, and Ultiverse.
About Metale Protocol
Metale Protocol is a peer-to-peer publishing protocol designed for digital publications, providing a Web3 lifestyle application called Read2N. Read2N integrates Game-Fi and Social-Fi elements to incentivize users to participate in literature by providing NFT rewards for reading books. Through the Game-Fi approach, Read2N aims to promote broad reading participation and establish governance content in its DAO, enabling users to contribute to the creation of the literary metaverse.
Other Financing Rounds
12. Shadow War
Shadow War raised $5 million in Series A funding from investors including Momentum 6 (M6), Cointelligence Fund, Cogitent Ventures, Spicy Capital, NewTribe Capital, Cluster Capital, Andromeda Capital, and iAngels Capital.
About Shadow War
Shadow War is a free-to-play third-person 5v5 action game that blends futuristic, fantasy, and competitive elements with an emphasis on melee combat. It encourages players to use skill and tactical strategy while providing players with ways to earn top resources without relying on pay-to-win mechanics.
13.Mitosis
Mitosis raised $7 million in a round of funding from investors including Amber Group, Foresight Ventures, Big Brain Holdings, Folius Ventures, CitizenX Crypto Ventures, GSR Markets LTD, Cogitent Ventures, No Limit Holdings (NLH), Digital Asset Capital Management (DACM), Everstake, Pivot Global, Nonce Classic, Pulsar, MrBlock, Jasraj Bedi, Soby, Chjango Unchained, Sunny Aggarwal and Eric Chen.
About Mitosis
Mitosis is an ecosystem-owned liquidity (EOL) L1 blockchain that transforms the DeFi LP experience by applying economies of scale to asset management. It gives liquidity providers (LPs) greater bargaining power and provides novel approaches to liquidity within the ecosystem.
14. The Open Network
The Open Network (TON) raised an undisclosed amount in a round of funding from Pantera Capital.
About The Open Network
TON (The Open Network) is a fully decentralized Layer1 blockchain developed by Telegram. It provides fast transactions, low fees, user-friendly applications, and environmentally friendly features. TON aims to combine various blockchains and the existing Internet to provide a scalable and secure platform capable of hosting a variety of applications and services.
15. Mocaverse
Mocaverse (Moca) raised $5 million in a round of public sale financing.
About Mocaverse
Mocaverse is a gamified metaverse product from Animoca Brands that features unique Moca creatures that users can collect, play, and trade NFTs. Users can explore Mocaverse, participate in challenges, customize their own Moca creatures, and contribute to its development by participating in governance.
16.Paragraph
Paragraph raised $5 million in a round of funding from Union Square Ventures (USV), Coinbase Ventures.
About Paragraph
Paragraph is a Web3 publishing platform that helps Web3 writers, DAOs, and NFT communities monetize their content through a one-stop newsletter service.
17. About Securitize
Securitize raised $47 million in a round of funding from BlackRock, Hamilton Lane, ParaFi Capital, Aptos Labs, Circle Ventures, Paxos, and Tradeweb.
About Securitize
Securitize is a compliance platform and protocol for issuing and managing digital securities on the blockchain.
18. Movement Labs
Movement Labs raised an undisclosed amount in a Series A round from Binance Labs Fund.
About Movement Labs
Movement Labs is developing a modular framework for building and deploying infrastructure, applications, and blockchains using the Move programming language in a distributed environment. Their first product, M1, is a layer 1 blockchain that provides high TPS, instant finality, native liquidity access, and customizable features. Their programming language, Move, emphasizes asset scarcity and access control to enable secure Web3 development.
19.OVERWORLD
OVERWORLD raised an undisclosed amount from DWF Ventures in a round of funding.
About OVERWORLD
Game development studio Overworld is working with blockchain game publisher Xterio to create Overworld, a Web3 free-to-play action role-playing game with anime-style artwork. The studio is focused on incorporating NFTs and digital ownership as optional features, aiming to enhance the gaming experience and foster community growth.
20.X10
X10 raised $6.5 million in a round of funding from Tioga Capital Partners, Semantic Ventures, Cherry Ventures, Starkware, Cyber Fund, and Konstantin Lomashuk.
About X10
X10 is a hybrid cryptocurrency exchange that combines the speed and functionality of centralized exchanges with the security and transparency of decentralized exchanges. By leveraging the StarkEx Layer 2 engine for on-chain settlement and independent oracle price providers for accurate market pricing, X10 aims to provide users with better latency, throughput, and liquidity while maintaining autonomous custody of their assets.
21. Backed
Backed raised $9.5 million in Series A funding from Gnosis DAO, Exor Seeds, Cyber Fund, Mindset Ventures, Stake Capital, Blockchain Founders Fund, Blue Bay Ventures, and Nonce Classic.
About Backed
Backed is a tokenized asset issuer that facilitates the integration of real-world assets with blockchain by issuing ERC-20 tokens. These tokens represent the value of assets such as stocks or ETFs, ensuring full collateralization and compliance with Swiss regulations. Backed focuses on accelerating its private tokenization products and bringing asset managers onto the blockchain platform, aiming to simplify capital markets and increase the accessibility of asset-backed tokens.
22.TNA
TNA raised an undisclosed amount in a round of funding from MH Ventures, CSP DAO and Cogitent Ventures.
About TNA
TNA is a naming protocol native to the Bitcoin mainnet that facilitates the issuance and management of uniquely named assets. TNA leverages the sparse Merkle tree structure and its TNA core framework to ensure decentralized naming services and seamless interoperability across various blockchain ecosystems, thereby enhancing usability and asset management within the Bitcoin network.
23.Holograph
Holograph raised $2.8 million from Mechanism Capital, Selini Capital, Arca Fund, Courtside Ventures, Hartmann Capital and Northrock Capital in a round of strategic financing.
About Holograph
Holograph provides full-chain NFT infrastructure for creators, developers and enterprises.
24.LazyBear
LazyBear raised $4 million from SalAd Labs, Bee Network, REI Network, Synbo Protocol, PredxAI, Bitcoin Gbox, GemX Crypto, aZen Network and Sypool in a round of strategic financing.
About LazyBear
LazyBear is a Web3 cryptocurrency trading platform known for its industry-low fees and ease of use, offering futures and copy trading. LazyBear focuses on perpetual contracts and is committed to Web3 integration, providing a dynamic and inclusive trading environment designed to support retail traders.
Source: Crypto Fundraising, Golden Finance