Quality Project Financing Tracking
This indicator broadcasts a daily tracking of the financing of quality projects.
According to KingData monitoring, in the past 1 day, 6 projects have completed a total of $26.4M financing: ProjectName: ValuesCo, funding: $2.7M, round: Seed RelatedLinks: https://twitter.com/values_co/status/1618675372106846208?s=20&t=mhNfijodg1MJKEgOf_MeXw Investors: Flori Ventures,Metaweb,Own.fund,Reine Reinsberg ,Richard Spanton Jr. Introduction: Web3 rewards-driven ecosystem ProjectName: Brave Group, funding: $2.3M, round: Strategic RelatedLinks: https://twitter.com/animocabrands/status/1618472070417125376 LeadInvestors: Animoca Brands Introduction: Metaverse ProjectName: StoryCo, funding: $6M, round: Seed Category: NFT RelatedLinks: https://twitter.com/CoinDesk/status/1618659328407257088 LeadInvestors: Collab+Currency,Patron Investors: Blockchange Ventures,Flamingo DAO,United Talent Agency,William Morris Endeavor Introduction: Web3 storytelling platform ProjectName: Spatial Labs, funding: $10M, round: Seed Category: Infrastructure RelatedLinks: https://twitter.com/TechCrunch/status/1618587191814361089 LeadInvestors: Blockchain Capital Investors: Marcy Venture Partners Introduction: Web3 infrastructure & hardware ProjectName: Ethos Wallet, funding: $4.2M, round: Seed RelatedLinks: https://twitter.com/TheBlock__/status/1618609984304021510 LeadInvestors: Boldstart Ventures,gumi Cryptos Capital Investors: Tribe Capital,Matrix Port,Alliance DAO,Notably,Mysten Labs Introduction: Sui Wallet ProjectName: Hatchfi, funding: $1.2M, round: Pre-Seed Category: Infrastructure RelatedLinks: https://twitter.com/HatchfiAPI/status/1618666065265057793 LeadInvestors: Golden.com,Delta Blockchain Fund,OrangeDAO Introduction: crypto integration platform bridging web2 and web3
According to KingData monitoring, in the past 1 day, 1 projects have completed a total of $1.5M financing: ProjectName: Tholos, funding: $1.5M, round: Pre-Seed RelatedLinks: https://twitter.com/TholosApp/status/1618295137423228930 LeadInvestors: NorthIslandVC,Lattice Capital,Chainforest,Dispersion Capital Investors: Reverie,Alex Zhang,Mike Ippolito,Brandon Kumar,369 Capital,Can Gurel,Vasanth Thiruvadi,Arnav Pagidyala Introduction: Crypto Wallet
According to KingData monitoring, in the past 1 day, 3 projects have completed a total of $189.91M financing: ProjectName: QuickNode, funding: $60M, round: Series B Category: Infrastructure RelatedLinks: https://twitter.com/QuickNode/status/1617872366759211013 LeadInvestors: 10T Holdings Investors: Tiger Global,776,Protocol Labs,QED Investors Introduction: Web3 infrastructure ProjectName: Blockstream, funding: $125M, round: Convertible note issuance Category: Infrastructure RelatedLinks: https://twitter.com/CoinDesk/status/1617991736239837189?s=20&t=x3xv7yYFFViDcHd77dHE5Q LeadInvestors: Kingsway Capital Investors: Fulgur Ventures,Cohen & Company Capital Markets Introduction: Bitcoin and blockchain infrastructure ProjectName: Asset Reality, funding: $4.91M, round: Seed Category: Infrastructure RelatedLinks: https://twitter.com/CoinDesk/status/1617900229373599746 LeadInvestors: Framework Ventures,Techstars,SGH CAPITAL,Outrun Ventures Introduction: SaaS solution for complex asset recovery
According to KingData monitoring, in the past 1 day, 2 projects have completed a total of $11.8M financing: ProjectName: Calimero, funding: $8.5M, round: Seed Category: Infrastructure RelatedLinks: https://twitter.com/CalimeroNetwork/status/1617491593849708544 LeadInvestors: Khosla Ventures,Lyrik Ventures,Near Investors: GSR,FJ Labs,Warburg Serres Investments Introduction: private shard with built-in privacy features and confidential native WASM or EVM smart contracts ProjectName: Tribes, funding: $3.3M, round: Pre-Seed RelatedLinks: https://twitter.com/CoinDesk/status/1617533210417668096 LeadInvestors: Kindred Ventures,South Park Commons,Script Capital Introduction: Web3 social wallet
According to KingData monitoring, in the past 1 day, 1 projects have completed a total of $2.5M financing: ProjectName: Gifto, funding: $2.5M, round: Strategic RelatedLinks: https://twitter.com/GiftoMetaverse/status/1617187174964764675 Investors: Pools Ventures Introduction: web3 solution to store, earn and gift
According to KingData monitoring, in the past 1 day, 3 projects have completed a total of $10.5M financing: ProjectName: Hyper Oracle, funding: $3M, round: Pre-Seed Category: Infrastructure RelatedLinks: https://twitter.com/HyperOracle/status/1616284387741675520 LeadInvestors: Dao5,Sequoia Capital China Investors: Foresight Ventures,FutureMoney Group Introduction: Middleware for fully decentralized infra, empowered by ZK ProjectName: SphereOne, funding: $2.5M, round: Seed RelatedLinks: https://twitter.com/sphereone_/status/1616107906016968705 LeadInvestors: Distributed Global Investors: Newark Venture Partners,Zero Knowledge,Leore Avidar ,Eric Feldman Introduction: 1-click checkout for web3 ProjectName: Architect, funding: $5M, round: Seed RelatedLinks: https://twitter.com/BrettHarrison88/status/1616438221872701441 LeadInvestors: Coinbase Ventures,Circle Ventures Investors: Salt Fund,SV Angel,Third Kind Venture Capital,Motivate Venture Capital Introduction: Trading software to make centralized and decentralized crypto markets easier to use for large investors like institutions
According to KingData monitoring, in the past 1 day, 6 projects have completed a total of $87.5M financing: ProjectName: Gateway, funding: $4.2M, round: Seed RelatedLinks: https://twitter.com/Gateway_xyz/status/1616089899798495234 LeadInvestors: Reciprocal Ventures Investors: Redbeard Ventures,Hannah Grey VC,The Spartan Group,6th Man Ventures,Figment Capital,Visary Capital,Sandeep Nailwal,Ryan Selkis Introduction: Web3 Credential Protocol ProjectName: Neopets, funding: $4M Category: Gaming RelatedLinks: https://www.prnewswire.com/news-releases/neopets-raise-4m-from-web3-leaders-to-bring-90s-classic-to-the-metaverse-301725082.html Investors: Polygon Ventures,Avalanche Blizzard Fund,Hashkey Capital,IDG Capital,NetDragon Introduction: GameFi platform ProjectName: Cypher, funding: $4.3M, round: Seed RelatedLinks: https://twitter.com/TheBlock__/status/1616073246323126273 LeadInvestors: Y Combinator Investors: OrangeDAO,Samsung Next,Bali Srinivasan Introduction: Multichain wallet ProjectName: Ulvetanna, funding: $15M, round: Seed RelatedLinks: https://twitter.com/TheBlock__/status/1616027943385325570 LeadInvestors: Bain Capital Crypto,Paradigm Investors: Jump Crypto Introduction: Hardware Acceleration Platform for Next-Gen Blockchain ProjectName: Candy Digital, funding: $38M, round: Series A RelatedLinks: https://twitter.com/CoinDesk/status/1616149586556354571 LeadInvestors: Galaxy Digital,ConsenSys Mesh Investors: 10T Holdings,ConsenSys Introduction: Sports NFT company ProjectName: Nil Foundation, funding: $22M Category: Infrastructure RelatedLinks: https://twitter.com/TheBlock__/status/1616073304808251392 LeadInvestors: Polychain Capital Investors: Blockchain Capital,StarkWare,Mina Protocol Introduction: Marketplace for zero knowledge / non-interactive proofs
According to KingData monitoring, in the past 1 day, 4 projects have completed a total of $20.95M financing: ProjectName: Intella X, funding: $12M, round: Seed Category: Gaming RelatedLinks: https://twitter.com/TheBlock__/status/1615514528762011650 Investors: Polygon,Animoca Brands,Magic Eden,Planetarium,Big Brain Holdings,Crit Ventures,JoyCity,Pearl Abyss,XL Games,Wemix,Global Coin Research Introduction: Web3 gaming platform ProjectName: Arch, funding: $2.75M Category: CeFi RelatedLinks: https://twitter.com/CoinDesk/status/1615711132781510658?s=20 Investors: Tribe Capital,Castle Island Ventures,Picus Capital,Global Founders Capital Introduction: Loans backed by cryptocurrencies, public stock and pre-IPO companies ProjectName: Blue, funding: $3.2M, round: Seed RelatedLinks: https://twitter.com/CoinDesk/status/1615689276133462017 LeadInvestors: Blockchange Ventures,Fenbushi Capital Investors: Dorahacks,Knollwood Investment Advisory,Gate.io,Wave Financial Group Introduction: KYC/AML products for DeFi protocols ProjectName: Metahood, funding: $3M, round: Seed Category: NFT RelatedLinks: https://twitter.com/decryptmedia/status/1615726111194750977 LeadInvestors: 1confirmation Investors: Volt Capital,Flamingo DAO,Neon DAO,Sébastien Borget,John Crain, Brian O'Hagan,Packy McCormick Introduction: Metaverse
Web3 Game Platform Intella X Closes $12 Million in Funding with Polygon and Others
KingData News: Web3 gaming platform Intella X announced the closing of a $12 million funding round, with the platform scheduled to go live later in the first quarter and a launch that will also include Intella X's proprietary Web3 wallet, decentralized exchange, NFT marketplace, Launchpad and a number of games. Investors: This round was funded by Polygon, Animoca Brands, Magic Eden, Planetarium, Big Brain Holdings, Crit Ventures, JoyCity, Pearl Abyss, XL Games, Wemix and Global Coin Research. Project Info: Intella X is an easy-to-use, comprehensive platform fit for Web3 gaming. The platform maintains and operates its own decentralized exchange (DEX), NFT marketplace, and launchpad, and with developer-friendly integration tools and a simplified crypto wallet that helps any Web2 user start using blockchain applications with ease, Intella X is on its way to pioneer the new era of Web3 gaming.
According to KingData monitoring, in the past 1 day, 2 projects have completed a total of $8.58M financing: ProjectName: Psychic VR Lab, funding: $0.78M, round: Strategic RelatedLinks: https://twitter.com/animocabrands/status/1613720698513690624 LeadInvestors: Animoca Brands Introduction: Web3 metaverse platform ProjectName: Sortium, funding: $7.8M, round: Seed RelatedLinks: https://twitter.com/CoinDesk/status/1614010683846234118 Investors: Arca Introduction: Web3 studio
According to KingData monitoring, in the past 1 day, 4 projects have completed a total of $26.2M financing: ProjectName: CyberX, funding: $15M, round: Series A RelatedLinks: https://twitter.com/TheBlock__/status/1613581837988761625 LeadInvestors: Foresight Ventures Introduction: Market maker ProjectName: Quantum Temple, funding: $2M, round: Pre-Seed Category: NFT RelatedLinks: https://www.globenewswire.com/en/news-release/2023/01/12/2588090/0/en/UPDATE-Quantum-Temple-Raises-2-Million-in-Pre-Seed-Funding-to-Leverage-Web3-for-Cultural-Heritage-Preservation.html LeadInvestors: Borderless Capital Investors: Algorand Foundation,Outliers Fund,Shima Capital,New Moon Ventures,NxGen Capital Introduction: Cultural artifact NFTs ProjectName: Alimiya, funding: $7.2M, round: Venture Round Category: DeFi RelatedLinks: decentralized capital markets for blockspace LeadInvestors: 1kx,Castle Island Ventures Investors: Dragonfly Capital,Circle Ventures,Coinbase Ventures Introduction: decentralized capital markets for blockspace ProjectName: Exactly Protocol, funding: $2M Category: DeFi RelatedLinks: https://twitter.com/ExactlyProtocol/status/1613539500210421762 LeadInvestors: Kain Warwick,Esteban Ordano Investors: Bodhi Ventures,Newtopia VC,NXTP Ventures,Kaszek Ventures Introduction: decentralized, non-custodial and autonomous marketplace for depositing and borrowing crypto assets
According to KingData monitoring, in the past 1 day, 2 projects have completed a total of $9.5M financing: ProjectName: Open Forest Protocol, funding: $4.1M, round: Pre-Seed RelatedLinks: https://twitter.com/Cryptoprenure/status/1613160334210240514 Investors: Shima Capital,Übermorgen Ventures,Not Boring Capital,Mercy Corps Ventures,Byzantine Marine,Big Brain Holdings,Valor Capital Group Introduction: on-chain measurement, reporting, & verification platform for any forest on eart ProjectName: Quasar, funding: $5.4M, round: Bridge Round Category: DeFi RelatedLinks: https://twitter.com/CoinDesk/status/1613189758678597634?s=20&t=BNQzU1Tar1PqiB7TRavJbQ LeadInvestors: Shima Capital Investors: Polychain Capital,Blockchain Capital,Hash Capital,CIB,Sunny Aggarwal Introduction: Decentralized asset management protocol
According to KingData monitoring, in the past 1 day, 2 projects have completed a total of $17.7M financing: ProjectName: Easy Company, funding: $14.2M, round: Seed Category: DeFi RelatedLinks: https://twitter.com/jacqmelinek/status/1612811749509545984 Investors: Lobby Capital,Relay Ventures,6th Man Ventures,Tapestry,Upside ,Scribble Ventures,Jim Everingham,Kevin Weil Introduction: Social crypto wallet ProjectName: Jumbo, funding: $3.5M, round: Strategic Private Sale Category: DEX RelatedLinks: https://www.prnewswire.com/news-releases/jumbo-raises-3-5m-to-deliver-its-decentralized-exchange-ecosystem-to-the-near-protocol-301717080.html LeadInvestors: Pantera Capital,Huobi Incubator Investors: DWeb3,D21 Ventures,Metaweb,Fundamental Labs,Proximity Labs,Genblock Capital Introduction: Decentralized exchange
MetaTrust closes approximately $10 million in financing
KingData News: Liu Yang, co-founder of MetaTrust, an automated code auditing platform, said in an interview that MetaTrust has closed a seed funding round of about $10 million, according to cointime. Investors: Investors in this round include M23, Redpoint Ventures, LongHash, Hash Global, SNZ, Yunqi Capital, GGV, Fellows Fund, Aimtop Venturesand others. Project Info: MetaTrust aims to provide Web3 developers with automated code auditing services covering the entire development cycle, including security assessment of project plans in the pre-development phase, security management tools and code scanning tool MetaScan in the development phase, security auditing services for project contracts in the post-development phase, and security monitoring after release.
According to KingData monitoring, in the past 1 day, 1 projects have completed a total of $5M financing: ProjectName: MSafe, funding: $5M, round: Seed RelatedLinks: https://twitter.com/MomentumSafe/status/1611003125913075713 LeadInvestors: Jump Crypto Investors: Circle Ventures,Coinbase Ventures,Superscrypt ,Redpoint,Shima Capital,The Spartan Group Introduction: multi-signature wallet solution on the Aptos / Move ecosystem
Leading Digital Collectible Platform Candy Digital Announces Series A1 Fundraise
KingData News: Candy Digital, a next-generation digital collectible company, announced today that it has raised a Series A1 financing round. Terms of the fundraise weren’t disclosed. Investors: This round was led by Galaxy and ConsenSys Mesh, with participation from 10T Holdings and ConsenSys, among others. Project Info: Candy Digital, which launched in 2021 with the mission of deepening fandom through the development of digital collectibles and experiences, will continue to scale and expand its flagship digital products, including ICON trading cards, Tickets, and Highlights.
Pods Raises $5.6M to Create Structured Products for Crypto Assets
KingData News: DeFi technology company Pods is announcing today that it has raised $5.6M in Seed Funding to create structured products for crypto assets earlier this year. Investors: The financing had investors such as IOSG, Tomahawk, Republic, Framework Ventures, 4RC and more. Project Info: Pods have built one of the most innovative and safe tools in the Defi space. The company recently did security audits for its Pods Yield product with OpenZeppelin. With the success of its products, security audits, and brand efforts, Pods has set standards for building Defi methods in a fast-growing sector.
Crypto Firm Amber Raises $300 Million to Tackle Damage From FTX
KingData News: Embattled crypto firm Amber Group has raised $300 million mainly for customers who lost money on the platform’s products due to FTX’s implosion, according to co-founder and and Chief Executive Officer Michael Wu. Amber, a leading crypto trading and lending platform, had planned to raise $100 million at a $3 billion valuation in multiple parts, but changed tack once Sam Bankman-Fried’s FTX exchange blew up, Wu said in an interview. Investors: This round of funding was led by Fenbushi Capital US. Project Info: Founded in 2017 and headquartered in Hong Kong, Amber Group is the industry's leading global provider of crypto financial intelligence services. Amber Group has a global footprint, trading on over 100 electronic trading platforms worldwide, with offices in Taipei, Seoul, and Vancouver, and providing 24/7 service to over 500 large, well-known institutions.
Web3 Creator Tool Bonfire Closes $6.2M Seed Funding Round
KingData News: Bonfire, a Web3 creator tool, closed a $6.2 million seed funding round and announced that Bonfire is open to all creators. Investors: Investors in this round include NEA, Variant Fund, Palm Tree Crew Crypto, Libertus Capital, Collab Currency, Pear VC, Coinbase Ventures, Not Boring Capital and Seed Club Ventures. Project Info: Bonfire's suite of tools includes the Custom Bonfire Site (which allows the creation of a Web3-enabled custom site for the community), NFT Drops, airdrops, tools to upload exclusive audio and video content to share with the community, and more.
Web3 Infrastructure Firm Blocknative Raises $15M for Ethereum Block Building Market
KingData News: Blocknative, a Web3 infrastructure company, has raised $15 million in a Series A-1 round. The financing will accelerate Blocknative’s initiatives in the block building market in the Ethereum ecosystem. Blocknative previously closed a $5M round of funding in November 2020. Investors: The funding was led by Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, Industry Ventures and others. Project Info: Blocknative has become one of Ethereum’s biggest block builders, which are third-party providers that determine which transactions get included in blocks and in what order. Ever since Ethereum went through “the Merge” on Sept. 15 to move to a proof-of-stake consensus mechanism, Blocknative’s relay and block builders have added more than 17,000 blocks to the Ethereum blockchain.
Bitcoin․com Completes VERSE $50M Token Sale, Launches Token on Verse DEX
KingData News: Bitcoin.com announced completion of the pre-sale of its rewards and utility token VERSE, where 16% of the total supply was purchased for $50 million. Bitcoin.com also announced the launch of VERSE trading on its decentralized exchange, the Verse DEX, starting at 00:30 UTC on Dec 8. The initial listing price will be $0.0015 per VERSE. Investors: The round was funded by Digital Strategies, Blockchain.com, KuCoin Ventures, Redwood City Ventures, Boostx Ventures, and Poly Network, among others. Project Info: Bitcoin.com is a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets.
Web3 developer platform Fleek raises $25M led by Polychain Capital
KingData News: Web3 developer platform Fleek has raised $25 million in Series A funding. Investors: The round was led by Polychain Capital. Additional investors in the round include Coinbase Ventures, Digital Currency Group, Protocol Labs, Arweave, North Island Ventures, Distributed Global, The LAO, and Argonautic Ventures. Project Info: The startup is aiming to build an interface and protocol layer “to make the base layer of web services” like storage, hosting and billing, accessible to anyone, according to its website.
A16z Leads $15M Round for Game Studio Roboto Games
KingData News: Roboto Games, a new game studio aiming to bridge Web2 experience and accessible Web3 in-game elements, has raised $15 million in a Series A funding. Total funding now stands at $19.5 million to date, including a 2019 seed round. Investors: The round was led by a16z, with participation from Ancient8, Animoca Brands, Gumi Cryptos Capital, Harrison Metal Capital, Makers Fund, Merit Circle, Transcend and a number of angel investors. Project Info: Headquartered in San Mateo, Calif., Roboto Games aims to make free-to-play games that are playable across web, mobile and PC and can be played with or without Web3 elements such as non-fungible tokens (NFT) – or in-game elements coded to prove their uniqueness – or regular tokens. There are also plans for a user-generated content (UGC) platform.
Kraken and ConsenSys Back Staking Platform Kiln in $17 Million Round
KingData News: ConsenSys and the venture arm of crypto exchange Kraken have backed institutional staking platform Kiln in a €17 million ($17.6 million) round. Founder Laszlo Szabo declined to disclose the valuation but said it was a significant valuation jump. Investors: Blockdaemon and Illuminate Financial led the equity round, which closed in October and featured participation from GSR, LeadBlock Partners, Sparkle Ventures, Alven and Blue Yard Capital.
Hong Kong Fintech XanPool To Expand Across Europe, Latin America After Raising $41 Million
KingData News: XanPool is accelerating expansion plans across Europe, Middle East, North Africa and Latin America after raising $41 million this year from investors led by London-based Target Global. Investors: The Hong Kong-based startup raised $35 million from new investor Target Global and $6 million from existing investor Antler Elevate in the second quarter, valuing the company at $400 million. Project Info: XanPool is a cross-border payment infrastructure provider. “We’re preparing ourselves for a long winter,” Jeffery Liu, 28, founder and CEO of XanPool, said in a recent interview in Singapore. Liu is among this year's Forbes 30 Under 30 Asia honorees.
Fenix Games Raises $150M for Blockchain Game Publishing
KingData News: Fenix Games has raised $150 million to create a new kind of publisher for blockchain gaming. Fenix Games plans to acquire, invest and publish both existing games and blockchain games of the future. Investors: The investors include Phoenix Group and Cypher Capital. Project Info: Fenix Games will focus on the marriage of game market economies and live operations to provide publishing services to all game models – premium, free to play, and blockchain gaming across all platforms.
Polkadot-based Protocol t3rn Raises $6.5 Million
KingData News: t3rn, a Polkadot-based blockchain interoperability protocol that aims to facilitate cross-chain transactions, has raised $6.5 million in a strategic funding round. The funding was secured via a simple agreement for future tokens (SAFT). Investors: Polychain Capital led the round, with Huobi Ventures, Figment Capital, Blockchange Ventures, Lemniscap and others participating. Project Info: t3rn started in 2020 to offer cross-chain transactions across Polkadot's ecosystem and beyond. It will soon be launched on mainnet, supporting blockchains across consensus mechanisms and programming languages, including Ethereum Virtual Machine, Solidity and Ink.
Strategic Partnership Established With Across $10MM Success Token Sale
KingData News: Tioga Capital led a $5 million investment in NFT utility platform Tropee. Success Token is a fundraising solution proposed by UMA, a synthetic asset protocol, that allows raising funds without offering Token discounts. Investors: The round was funded by Hack VC, Placeholder and Blockchain Capital in the form of 50 million ACXs purchased from Risk Labs by these three VCs under a "Success Token" scheme.
NFT Utility Platform Tropee Raises $5 Million Led by Tioga Capital
KingData News: Tioga Capital led a $5 million investment in NFT utility platform Tropee. Investors: This round was led by Tioga Capital. Crypto founders such as The Sandbox’s Sébastien Borget, Exclusible’s Thibault Launay, Geometry’s Grégoire le Jeune, and Lorens Huculak, founder of the OpenSea-acquired Gem, also participated in the equity round. Project Info: Tropee aims to inject utility into NFTs by helping brands easily create user experiences out of their collections.
Binance Labs Makes a Strategic Investment in Hardware Wallet Maker NGRAVE
KingData News: Binance Labs has made a strategic investment in hardware wallet maker NGRAVE and will lead its upcoming Series A round. NGRAVE offers the first complete solution for self-custody, consisting of a connectionless and highest security certified (EAL7) hardware wallet, ZERO, and an encrypted and recoverable key backup, GRAPHENE.
Web3 Builder Network Buildspace Closes $10 Million Funding Round
KingData News: Buildspace, the Web3 builder network, recently announced on its website that it has closed a $10 million round of funding. Investors: This round was led by a16z with participation from Founders Inc, Weekend Fund, Y-Combinator, Vayner Fund, Protocol Labs, OrangeDAO, Solana Ventures, OpenSea Ventures, Alchemy Ventures, DreamerVC and others. Project Info: Buildspace aims to provide users with a learning platform to explore career development, and is now focusing on the Web3 space. Learning programs currently available on Buildspace include Solidity, Ether NFT, Solana Web3 App, and more.
Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining
KingData News: Arkon Energy, the data center startup that uses renewable electricity to mine bitcoin (BTC), raised $28 million. The financing was a combination of senior debt and equity capital and included some returning investors such as Kestrel 0x1 as well as new ones, including Shima Capital. Investors: The round was led by Blue Sky Capital, a market maker in digital assets, with participation from Kestrel 0x1, Shima Capital and others. Project Info: The startup has also bought Hydrokraft AS, a renewable energy-based data center in Norway. The Hydrokraft purchase is part of an ambitious plan to create a vertically integrated green bitcoin mining platform that has power sovereignty, benefits from geographic diversification, and a robust balance sheet.
Blockchain Startup Circularise Closes €11 Million Funding Round
KingData News: VNetherlands-based Circularise, a software platform that provides end-to-end traceability and secure data exchange for industrial supply chains, announced on Thursday that it has raised €11M in a Series A round of funding. Circularise says it will use the funds to advance its mission to bring a circular economy to industrial supply chains. Investors: This investment was led by Brightlands Venture Partners and joined by Asahi Kasei, Neste, and existing investor 4impact capital. The round was also supplemented with grants from the European Commission. Project Info: Founded in 2016 by Mesbah Sabur and Jordi de Vos at the Delft University of Technology (TU Delft), Circularise is a software platform that provides end-to-end traceability and secure data exchange for industrial supply chains. The company helps plastic manufacturers, brands, and OEMs to trace raw materials from the source into parts and, ultimately, to end products.
Web3 Creator Platform Virtualness Closes over $8M Seed Funding Round
KingData News: Virtualness, a mobile-first platform designed to help creators and brands navigate the complex world of Web3, announced today it has secured over $8M in seed funding. Investors: The fundraise was led by Blockchange Ventures, and joined by Polygon Ventures, F7 Ventures, Micron Ventures, Oceans Ventures, Neythri Futures Fund, Carolyn Everson, Randi Zuckerberg, Nusier Yassin (Nas Daily), Nikki Farb, Stacy Brown-Philpot, and other thought-leaders. Project Info: Upon launch in early 2023, authenticated creators and brands will use the platform to design, mint and showcase branded digital collectibles; easily share across their social media channels; directly interact with their fans and community; enable unique experiences; and unlock new channels for monetization. Education, personalization, discovery, integration with Web2 and Web3 platforms and a mobile-first experience are core to the platform.
Indian lendtech start-up Lentra raises $60m in Series B round
KingData News: India-based lendtech Lentra has raised $60 million in a Series B funding. Lentra will use the money to expand into five countries next year, including the US, starting with Vietnam and the Philippines in spring. Investors: This round was led by existing investors Bessemer Venture Partners and Susquehanna International Group (SIG) Venture Capital, with participation from Citi Ventures. Project Info: Lentra currently has 50 clients in India for its Software-as-a-Service (SaaS) lending solution, which is “powered by artificial intelligence (AI), machine learning (ML) and blockchain technologies”, according to the start-up.
Ping Raises $15M Seed Round to Expand Payment Platform For Freelancers and the Gig Economy
KingData News: Ping, the first global payment platform for freelancers and contractors, announced a $15 million seed funding. The funds will further propel and expand Ping’s platform. Investors: This round was funded by Y-Combinator, Race Capital, BlockTower, Danhua Capital, Signum Capital and Goat Capital. Project Info: Founded in 2022, Ping is the first international digital payment solution to simplify global payments. Originally created to combat payment challenges in Latin America, the company is now the official global solution and breaks through the barriers of international payments for remote workers, contractors, and freelancers. Ping allows knowledge workers to access their salaries globally and get paid in their local currency.
Web3 Messaging Infrastructure Notifi Raises $10M Seed Round Co-led By Hashed, Race Capital
KingData News: Notifi, a communication infrastructure platform for web3, said Tuesday it has raised $10 million in an oversubscribed seed funding. Investors: This round was co-led by Hashed and Race Capital, with participation from Struck Capital, HRT Capital, Wintermute, Superscrypt and others. Project Info: Notifi allows web3 developers to integrate multichannel communication into their applications without building the infrastructure themselves. Notifi will soon launch Notifi Hub, the web3 inbox to aggregate cross-chain notifications and messaging into one single hub. Notifi now supports Solana, NEAR and Ethereum and is expanding to Polygon, Avalanche, Aptos and Sui.
Anything World Raises $7.5M to Assist Content Creators Using AI-based Animation
KingData News: Anything World has raised $7.5 million in funding to create an AI-based animation system that creators can use to be more expressive. The funding will be used for two years of runway, expansion of the team, and the launch of Anything World’s new high-fidelity animation system Investors: The investors include Acrew Capital, Alumni Ventures and Warner Music Group. Other investors include NGC Ventures, Supernode Ventures, GameTech Ventures and GFR Fund. Project Info: Anything World focuses on building open-source, usable and hybrid "3D assets" tools at scale, lowering the barrier to entry into the Web3 world. Anything World also announced that its service is coming to Epic Games’ Unreal Engine in December.
Crypto Payments Firm Ramp Raises $70 Million in 'More Than 50% up Round'
KingData News: Crypto payments firm Ramp has raised $70 million in Series B funding as its valuation increases to at least $450 million. The startup was worth $300 million at the time of raising its Series A last year. Investors: The Series B round was led by Mudabala Capital and venture firm Korelya Capital. Cogito Capital and previous lead backer Balderton Capital also took part. Project Info: Ramp's core product is its software development kit for on- and off-ramp payment features where users can buy cryptocurrencies via debit and credit cards, bank transfers and Apple Pay.
Crypto Exchange Coinmetro Eyes US, Europe Expansion With $7M Funding Round
KingData News: Digital currency exchange Coinmetro raised 7 million euros ($7 million) in a funding round that valued the business at 180 million euros. Coinmetro said it plans to use the capital to scale up its operations in the U.S., U.K. and Europe. Investors: The funds were raised from three angel investors and over 100 existing shareholders. Project Info: Coinmetro was founded in 2018 in Tallinn, Estonia. It is regulated by the FIU in Estonia and is registered with the Financial Crimes Enforcement Network (FinCEN) in the U.S., Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and Australian regulators. It is in the process of applying for a U.K. license, according to a company spokesperson.
Stanchart Invests in Partior, The Jp Morgan-backed Blockchain Payment Tech Startup
KingData News: Today blockchain payment tech firm Partior announced it closed a Series A funding round led by Standard Chartered, with founding backers JP Morgan, DBS Bank and Temasek joining the round. Investors: This round was led by Standard Chartered Bank with participation from founding shareholders JP Morgan, DBS Bank and Temasek Project Info: The Singapore startup is developing a blockchain-based interbank payment network and is on track to support eight currencies USD, SGD, GBP, EUR, AUD, JPY, CNH and HKD.
Mozilla Launches $35M Venture Capital Fund for Early-stage ‘Responsible’ Startups
KingData News: Mozilla, the Firefox browser development company, announced at the Portugal Web Summit that its venture capital firm Mozilla Ventures has completed a $35 million fundraising round as part of the Mozilla Builders startup incubator program and will focus on early-stage startups from seed to Series A, TechCrunch reports. Investors: This round of funding was provided by the Mozilla Foundation. Project Info: With an emphasis on "putting people over profits," Mozilla Ventures is said to be addressing technology areas such as Web3 and other decentralized digital power products.
Blockchain Security Company Beosin Announces Closing of Nearly $20 Million in Series A Strategic Funding
KingData News: Beosin, a blockchain security company, announced the completion of nearly $20 million in Series A strategic funding. The new funds will be used for blockchain security new technology development, ecological construction and global market layout. Investors: Investors in this round of financing include the original shareholders, but no specific list has been announced. Project Info: Beosin's core business is smart contract security audit, blockchain project security risk monitoring, early warning and blocking, stolen virtual asset recovery, etc. The new funds will be used for blockchain security new technology research and development, ecological construction and global market layout.
Token Flow Raises $12M in Series a Funding to Expand Its Blockchain Data Platform
KingData News: Token Flow is delighted to announce the first close of our Series A funding round with $12 million committed to date. First close of Series A with $12m committed to expand Token Flow’s unique state processing technology which takes blockchain data analytics to a whole new level. Investors: This round was funded by Electric Capital, Delta Blockchain Fund and UDHC, among others. Project Info: Token Flow’s proprietary transaction processing technology enables what has always been considered impossible - full historical analysis of blockchain state. Users can now easily analyze every smart contract variable, including hashmap keys and complex structures. Token Flow will launch new datasets and analytics tools and expand to new blockchains in Q4, and is currently working on Optimism, Arbitrum, zkSync, Polygon, and Avalanche.
Wemade Closes Approximately $46.57 Million in Convertible Debt Financing
KingData News: Wemade, the operator of blockchain gaming platform WEMIX, has announced the closing of a 66 billion won ($46.57 million) strategic funding round through a convertible bond issue, CoinDesk Korea reports. Investors: This round was funded by Shinhan Asset Management, KIWOOM Securities and Microsoft. Project Info: Wemade and WEMIX will continue to work hard to secure investment and continue to invest aggressively in building a global digital economy platform, said the Wemade CEO.
Web3 Fund Led by ex-Binance Labs Executive Nicole Zhang Lands $20 Million
KingData News: Lingfeng Innovation Fund (LIF), a new venture capital fund led by former Binance Labs executive Nicole Zhang, landed $20 million to invest in crypto startups. Project Info: The web3-dedicated LIF is a sister fund to Beijing-based Lingfeng Capital, the fintech investment firm with more than $400 million in assets under management. LIF has already made 10 investments — half of them co-investing with Nicole Zhang’s former colleagues at Binance Labs. Its bets include ApolloX, ZetaChain and Ultiverse.
Caitlin Long's Digital Asset Bank Custodia Raises $7 Million
KingData News: State-chartered digital asset bank Custodia, formerly known as Avanti, has raised $7 million, according to a filing submitted to the Securities and Exchange Commission. The date of the first sale for this equity round took place in early October and the firm has a total of 36 investors, according to the filing. The bank aimed to launch in the second quarter of this year where it would provide U.S.-dollar deposit accounts for business customers, according to a February release. However, the bank isn’t yet in operation. Investors: The investors of this round of financing have not been disclosed yet. Project Info: Custodia is designed to provide real-time settlement finality for U.S.-dollar payments in digital asset transactions, according to the company website. The startup, which was founded in 2020 by Wall Street veteran Caitlin Long, raised a $37 million Series A round in March of last year. Its backers include Binance.US, Coinbase Ventures and Lemniscap. The startup’s total funding now amounts to $51 million.
Egyptian FinTech Money Fellows Raises $31M for Expansion
KingData News: Egyptian FinTech company Money Fellows has raised $31 million to diversify its portfolio of services and expand across Africa and Asia, the company said on Sunday. Investors: The series B round was led by Germany's CommerzVentures, Middle East Venture Partners and Kuwait's Arzan Venture Capital. South Africa's Invenfin and Kuwait's National Investments Company, as well as existing investors, such as ParTech, Egypt's Sawari Ventures, Africa-focused 4DX Ventures and P1Ventures also participated in the round. Project Info: Founded in 2016, Money Fellows is a mobile-based platform that digitises money circles or rotating savings and credit associations. It has raised a total of $36.6m. The app has more than four million downloads and more than 250,000 active users.
Zebra Labs Raises $5M to Help Chinese Celebrities Enter the Metaverse
KingData News: Zebra Labs recently raised $5 million to advance its metaverse vision. Investors: The funding came from the Chinese gaming firm NetDragon and the Japanese conglomerate Sumitomo. Project Info: The aim of Zebra Labs is to “create intellectual property that’s deeply integrated with content” and “run virtual idols like celebrities. Zebra Labs is in talks with several gaming firms to launch virtual concerts for Chinese artists inside a Minecraft-like game and a metaverse platform by 2023.