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Compiled by: Bitchain Vision
A total of 34 projects have successfully raised funds this week, with the largest financing being Midas, with a financing amount of US$45 million.4 projects received pre-seed and seed rounds, and 29 projects received other rounds of financing.The total financing of the crypto industry reached US$209 million this week.
The biggest financing this week
1. Midas
Fintech startup Midas raises$45 million, the round of financing was led by Portage, and is one of the largest Series A financing in Türkiye in history.The new funding will help Midas launch a range of new product lines, including cryptocurrency trading, mutual funds and savings products, with plans to double its staff to more than 400 and expand to emerging markets.
Introduction to Midas
Founded in 2020, Midas makes investing easy for Turkey’s first-time investors with its fast, easy-to-use digital stock brokerage app.Midas provides low transaction fees for U.S. stock investments, partial investments and free real-time market data.Borsa Istanbul (Turkey Stock Market) products offer commission-free trading of Turkish stocks.
Pre-seed and seed rounds
2.OpenDelta
OpenDelta raised from 6th Man Ventures (6MV)* in pre-seed financing$2.5 million.
Introduction to OpenDelta
OpenDelta is a stablecoin company associated with Bitcoin, setting a precedent for the stable value of fiat currency through Bitcoin derivatives.It plans to launch its flagship token, USDO, in May, backed by BTC collateral and generate revenue from the derivatives market.The platform aims to redefine the DeFi of Rune Age Bitcoin, offering Delta-neutral synthetic dollars.
3.Moso
Moso raised in seed round$2 million, investors include Symbolic Capital (formerly Hyperedge Capital), dao5 (daoive), P2 Ventures (Polygon Ventures) and CoinList.
Introduction to Moso
Moso is a cryptocurrency rewards platform and browser extension that enables users to earn their own cryptocurrency of choice when shopping from partner merchants.Users can download the Moso extension, shop at partner stores, and activate savings reminders to send cryptocurrency rewards directly to their wallet when making eligible purchases.Moso has partnered with a variety of industries including travel, beauty, fashion and electronics, providing users with a wide range of opportunities to earn cryptocurrency rewards.
4.Uncharted
Uncharted raised in seed round$1.7 million, investors include Shima Capital*, The Spartan Group, Double Peak Group, Devmons, 32bit Ventures, Liquid X Ventures, D64 Ventures, Flying Falcon, Vamient Capital, Robbie Ferguson, Cozomo de’ Medici, Bharat Krymo, 0xbrent, Aleksander Larsen,Elroy Cheo, Xeer, Michael Arnold, KDOT.
Introduction to Uncharted
Uncharted is a Web3 gaming company focused on building the gamification layer of cryptocurrencies, providing a platform for game creators and studios.Their ecosystem was created by Web3 veterans and includes a live gaming studio and a product center designed to power game creators.Their first game, Gangster Arena, marks their entry into the gaming market.
5.Othentic
Othertic raised in seed rounds from Finality Capital*, Breyer Capital*, Coinbase Ventures, Collider Ventures, Bankless Ventures, Robot Ventures, Hashkey Capital, Everstake, Punk DAO and Anthony Sassano$4 million.
Introduction to Othertic
Othertic is a modular network framework with shared security that supports the deployment of custom computing services in a trustless execution environment.It provides production-ready components to abstract infrastructure details and allows custom consensus, reward mechanisms, and network infrastructure to minimize engineering overhead.
Other financing rounds
6.Movement Labs
Movement Labs raises in Series A$38 million, investors include Polychain Capital*, Hack VC, Placeholder, Archetype, Maven 11 Capital, Robot Ventures, Figment Capital, Eterna Capital, Nomad Capital, Bankless Ventures, OKX Ventures (formerly OKEx Blockdream Ventures), dao5 (dao Five), Aptoslaboratory.
Introduction to 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 the Layer 1 blockchain, which offers high TPS, instant finalization, local liquidity access and customizable capabilities.Their programming language, Move, emphasizes asset scarcity and access control for secure Web3 development.
7. Aligned Layer
Aligned Layer raises in Series A$20 million, investors include Hack VC*, dao5 (daofive), L2 Iterative Ventures (L2IV), Nomad Capital, Finality Capital, Symbolic Capital (formerly Hyperedge Capital), Theta Blockchain Ventures (Theta Capital Management), J17 Capital, Everest Ventures Group (EVG), Decima, Protagonist, Alexander Pack.
Introduction to Aligned Layer
Aligned Layer is a universal verification layer designed for Ethereum, enhancing its zero-knowledge SNARK proof capabilities.Aligned Layer is developed on EigenLayer to make Ethereum a more efficient and cost-effective SNARK verification platform by leveraging restaking and proof aggregation.The program supports the development of a variety of zero-knowledge technologies, aiming to extend the practicality of Ethereum and support the future of trusted applications with enhanced security and verifiability.
8. Turnkey
Turnkey raises in Series A$15 million, investors include Lightspeed Faction*, Galaxy Digital*, Sequoia Capital, Coinbase Ventures, Alchemy Ventures, Figment Capital, Mirana Ventures, Anagram, TrueBridge Capital, Asymmetry Fund, Variant Fund, Gemini Frontier Fund, Viktor Bunin, Mark BarrGawa, Spencer Noon, Anthony Sasano, Jack Chervinsky.
Introduction to Turnkey
Turnkey is a platform that provides simple APIs to securely manage private keys.It allows users to generate hundreds of wallets and sign thousands of transactions on any chain, all with flexible programmable permissions to ensure you sign only what you want.
9. Shiba Inu
Shiba Inu raises this round of financing$12 million, investors include P2 Ventures (Polygon Ventures), Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock, DWF Ventures, Stake Capital and Comma3 Ventures.
Introduction to Shiba Inu
Originally a decentralized Meme token, Shiba Inu is now expanding its ecosystem by developing a new Layer 3 blockchain.The blockchain utilizes Zama’s Fully Homomorphic Encryption (FHE) technology to address privacy and trust issues within the community of millions of users while aiming to comply with regulatory standards.
10. L3E7
L3E7 raised in a round of financing$10 millionInvestors include The Spartan Group*, SevenX Ventures*, Longling Capital, Foresight Ventures, OKX Ventures (formerly OKEx Blockdream Ventures), Big Brain Holdings, Vertex Ventures, Comma3 Ventures, Mantle Network, Hailstone Labs, BitValue Capital, Liquid X Ventures, BuzzBridge Capital, dingaling, Grail eth, Cristian Manea.
Introduction to L3E7
L3E7 is an open-world RPG game based on location services, where NFT acts as both a game ticket and a certificate of interest.With its innovative gameplay and immersive cyberpunk city built on Google Maps data, L3E7 has gained traction for its unique way of playing.Through its continuous improvement and global expansion plans, it aims to become a leader in the LBS gaming field and attract users from the Web2 and Web3 fields.
11. Carv
Carv raises in Series A$10 millionInvestors include Tribe Capital*, IOSG Ventures*, Hashkey Capital, Evos eSports, SnackClub, Infinity Ventures Crypto (IVC), W3GG, Lyrik Ventures, UpHonest Capital, Litentry, PAKA, 7UpDAO, ConsenSys, OKX Ventures (formerly OKEx Blockdream Ventures), Fenbushi Capital, No Limit Holdings (NLH), Draper Dragon, Arweave, ARPAficial, MARBLEX Corp., Vertex Ventures, Cypher Capital, Mindativity Capital, Liquid X Ventures, The Sandbox, Yield Guild Games (YGG).
Introduction to Carv
Carv is a Web3 identity startup that is developing a wed3 ID solution that combines web2 and web3 game data to create unique user IDs.
12. NFA Labs
Decentralized hedge fund NFA Labs recently partnered with investment fund and asset management company Quantix Capital to acquire$10 million in capital commitment, used to develop ecosystems.
Introduction to NFA Labs
NFA Labs is a decentralized hedge fund and decentralized autonomous organization (DAO) that utilizes artificial intelligence technologies such as neural networks and deep learning to develop advanced trading strategies.By combining the training and transactional segments, it promotes a transparent, educational and community-focused platform.
13. Adot
Adot raised from Hash Global*, gumi Cryptos Capital (gCC) and Xin Family in Series A$3 million.
Introduction to Adot
Adot is a decentralized artificial intelligence search engine company focusing on creating trustworthy decentralized search engines for the era of artificial intelligence and Web3 networks.Their vision includes attributes such as universality, credibility, interpretability and decentralization, aims to redefine the future of the Internet by integrating Web3-related data and enable users and developers to make search experiences driven by AIMake contributions and customize.
14. Hinkal
Hinkal Protocol raised in strategic financing from SALT Fund*, Draper Associates, SNZ Holding and PEER Venture Partners$1.4 million.
Introduction to Hinkal
Hinkal is a ZK-based protocol that provides private transactions and liquidity mining on the EVM chain.It enables untraceable transactions, pledges and liquidity provisions on major DEXs without withdrawals.Using zkSNARK and invisible addresses, Hinkal ensures low privacy costs and compliance for DeFi traders, making them suitable for active LP/yield Farming and buy and hold strategies.
15. Anichess
Anichess raised from Sfermion*, Amber Group*, Fenbushi Capital, Aspen Digital and SNZ Holding in a round of funding$1.8 million.
Introduction to Anichess
Anichess is a community-driven free chess game developed in collaboration with Animoca Brands and Chess.com’s Play Magnus Group.It combines the core rules of classic chess games with so-called “spell mechanisms” that include a range of offensive, defensive and counterattack tactics.
16. Natix Network
Natix Network raises in a strategic round of financing$4.6 million, investors include Borderless Capital*, Tioga Capital Partners*, Escape Velocity, Moonrock Capital, Cogitent Ventures, Big Brain Holdings, Laser Digital, WAGMI Ventures, Inception Capital (formerly OP Crypto), Room40 Ventures, Veris Ventures, IoTeX, FutureMoney Group, iAngels Capital, James Parillo, Paul Taylor, Vijay Pravin Maharajan, Crypto Banter.
Introduction to Natix Network
Natix Network is a blockchain-based crowdsourcing camera network that creates real-time world maps.It uses artificial intelligence technology to collect data on traffic volume, road damage and infrastructure issues while ensuring 100% privacy compliance.The network aims to combine its AI technology with 45 billion existing cameras worldwide to create a new crowdsourcing geospatial data economy powered by the “camera internet” where camera owners earn cryptocurrencies by contributing real-time data.
17. Creator.bid
Creator.Bid in a round of financing from Mechanism Capital, Zee Prime Capital, Moonrock Capital, Cogitent Ventures, Momentum 6 (M6), ID Theory, NxGen, HV Capital, MH Ventures, SkyVision Capital, MQdao, AlfaDAO, Tempo, Silver MineCapital, etc.FinancingThe amount is unknown.
Introduction to Creator.Bid
Creator.bid is an innovative platform that allows creators to develop, monetize and co-owner AI Creator agents.It focuses on leveraging artificial intelligence and blockchain technology to enable new models of digital content creation and ownership.The platform supports creators to leverage their talents to build AI-powered digital assets so they can monetize and collaboratively manage.It aims to transform the traditional creator economy by providing tools to enhance creators’ autonomy over their work and income.
18. The Colony
The Colony raised funds from TechStars, Marshland Capital, Moonrock Capital, NxGen, Brian D Evans, Coach K and Charles Read in a round of funding,The amount of financing is unknown.
Introduction to The Colony
Colony is a platform that revolutionizes collectibles by digitizing real-world assets on the blockchain, providing a seamless transaction experience.Its innovative solutions address challenges faced by dealer brands, providing a scalable growth and profitable platform.
19. Tevaera
Tevaera raises in a round of financing$5 million, investors include Laser Digital*, Hashkey Capital, Fenbushi Capital, Matter Labs, Draper Dragon, Faculty Group, Crypto com Capital, Cogitent Ventures, Selini Capital, DWF Labs, Morningstar Ventures, DCF God, Momentum 6 (M6), Genesis BlockVentures Capital (GBV), Mapleblock Capital, NxGen, GD10 Ventures, Aquanow (AQN), CoinSwitch.
Introduction to Tevaera
Tevaera is the first to launch a gaming IP-first strategy to solve the challenges of Web3 gaming infrastructure.With Teva Run and Guardian NFT, it has a huge community of gamers and plans to launch new games and decentralized L3 gaming chains on zkSync.
20. Puffverse
Puffverse raised in a round of funding$3 million, investors include Animoca Brands*, Arcane Group, The Spartan Group, Foresight Ventures, Hashkey Capital and Sky Mavis.
Introduction to Puffverse
Puffverse is a Disney-like 3D meta-universe that connects Web 3 virtual with Web 2 reality, providing NFT-based characters for a diverse interactive experience.It has a multi-end universe where players can collect unique characters with unique traits, costumes, and skills, use them in various scenarios and trade assets within the ecosystem.PUFF and vePUFF tokens drive the economy, PUFF promotes transactions, vePUFF as governance tokens obtained through staking and game rewards.
21. InfiniGods
InfiniGods raised from Pantera Capital in Series A$8 million.
Introduction to InfiniGods
InfiniGods is a gaming studio that develops free mobile games that combine ancient myths with Web3 technology to enable players to earn cryptocurrency rewards.They provide collectable in-game assets such as “Elder Gods” and “InfiniPasses” fostering an interconnected gaming world where shared aspects and assets enhance the gaming experience.Through their approach, InfiniGods aims to bring blockchain to a wider gaming audience by combining mythologically themed games with blockchain integration.
22. Engines of Fury
Engines of Fury raised from Animoca Brands in a round of financing$500,000.
Introduction to Engines of Fury
Engines of Fury is a free blockchain game designed to revolutionize the gaming industry by providing unparalleled quality and attracting a large number of users from the global Web 2 gaming community.This is a post-apocalypse top-down evacuation shooting game.
23. Prime Intellect
Prime Intellect in a round of fundingRaised from Distributed Global*, CoinFund*, Compound, Collab+Currency, Protocol Labs$5.5 million.
Introduction to Prime Intellect
Prime Intellect is a decentralized artificial intelligence platform that democratizes artificial intelligence development through global computing aggregation and collaborative model training.It provides developers with affordable computing resources and sustainable open source models that promote innovation in AI research and development.
24. AIT Protocol
AIT Protocol raises funds from Animoca Brands in a round of financing,The amount of financing is unknown.
Introduction to AIT Protocol
AIT Protocol pioneered the Web3 data infrastructure, emphasizing data annotation and AI model training.It operates on blockchain, establishing a decentralized labor market that transcends national boundaries and inspires participants through crypto-economics.The AIT marketplace enables millions of cryptocurrency users to participate in the “Train-to-Earn” task, and receive rewards while contributing to AI model development.AIT is positioned in the growing AI data market, helping data taggers enter Web3, reducing costs and promoting innovation in an era of change in blockchain and AI.
25. Iskra
Iskra raises funds from Animoca Brands in a round of financing,Financing is unknown.
Introduction to Iskra
Iskra is a blockchain gaming platform designed to promote player-community connection and developer support.It provides seamless game distribution, token rewards and decentralized governance.Iskra provides end-to-end services for gamers and game studios, including Launchpad, DEX, NFT marketplace, Bridge and wallets.
25. Y8U
Y8U raises funds from Morningstar Ventures, Ape Terminal, Banter Capital and IBC Group in a round of financing,The amount of financing is unknown.
Y8U Introduction
Y8U is a Web3 protocol that enables individuals to create multiple AI entities that represent different aspects of their digital identity.Built on the Humans blockchain, it combines secure data storage with smart contract-based consent management to ensure data integrity and security while promoting scalable, ethical AI development.With Y8U, users can extract their digital DNA to create multiple autonomous AI entities, each representing different aspects of their digital identity and extending themselves by deploying AI models to pursue different goals independently.
27. Scallop
Scallop raises funds in a round of funding at DWF Labs,Financing unknown.
Introduction to Scallop
Scallop is the pioneering next-generation peer-to-peer currency market for the Sui ecosystem and the first DeFi protocol to be officially funded by the Sui Foundation.By emphasizing institutional-level quality, enhanced composability and strong security, we are committed to building a dynamic money market that provides high-interest lending, low-fee lending, AMM and digital asset self-management tools on a unified platform, andProvides an SDK for professional traders.
28. PairedWorld
PairedWorld raises in a round of funding$1.5 million.
Introduction to PairedWorld
PairedWorld is a protocol designed to leverage $PAIRED tokens and custom Zk-Proof Validium to verify and reward real-world human interactions.By gamification and inspiring face-to-face engagement, PairedWorld revolutionizes community interaction and introduces new possibilities for SocialFi and DeSoc in online communities.
29. Only1
Only1 raised in a strategic round of financing$1.3 million, investors include Newman Group*, Folius Ventures, Modular Capital, Perock Capital, NaniXBT, MapleLeafCap, Adrian Lai and Paul Kim.
Only1 Introduction
Only1 is a Web3 social platform on Solana, similar to OnlyFans of blockchain.Users can participate in content, earn rewards, create and trade Memberpass NFTs, providing decentralized alternatives to traditional content platforms such as OnlyFans.It is worth noting that Only1 can resist centralized censorship decisions, providing greater autonomy and security for creators’ content.
30. Uncharted
Focus on building a cryptocurrency-based gaming layer Uncharted announced it has been completed$1.7 millionThe seed round of financing was led by Shima Capital, and the Spartan Group, Double Peak Group, Devmons, 32-Bit Ventures, LiquidX, D64 Ventures, Flying Falcon, and a group of angel investors participated in the investment.
Introduction to Uncharted
Uncharted currently mainly provides a platform for game creators and studios, and has a game studio and a product center that supports game creators.
31. PenPad
Scroll ecological project PenPad announced that it has been invested by Animoca Brands, a well-known crypto investment institution.The amount of financing is unknown.
Introduction to PenPad
According to the product roadmap revealed by PenPad, the agreement will include PenPad staking functions, Vaults asset management and value-added tools, and link virtual assets with RWA’s Shop products. PenPad will be upgraded to become the innovative Launchpad + YieldAggregator platform, the leader in the Scroll ecosystem.
32. Stable++
CKB Eco Fund announced that it has strategically invested in the Stable++ agreement.The amount of financing is unknown.
Introduction to Stable++
Stable++ is a UTXO-based over-staked stablecoin protocol.The Stable++ team plans to develop the first over-staked stablecoin protocol on CKB to serve the Bitcoin and RGB++ ecosystem.The protocol will support new Bitcoin assets such as BTC, CKB and RGB++ as collateral to issue the first RGB++ stablecoin USDPP and will be deployed in the future on BTC Layer2 issued by UTXO Stack.
33. Alliance
Founders Fund has made “strategic long-term investments” in Alliance,The amount of financing is unknown.
Alliance Introduction
Founded in 2020, Alliance has accelerated 12 cohorts with over 200 startups.The accelerator has supported a number of high-profile startups with a total valuation of billions of dollars.Its portfolio includes projects such as Arbitrum, Immutable X, Axie Infinity and Tensor.
34. HOPR
GnosisDAO announces on X platform to carry out data privacy protocol HOPR$1.5 million and 500 GNO tokensinvest.
Introduction to HOPR
HOPR is a founding member of LPA and is a Swiss-based organization dedicated to creating a fully inspiring, decentralized, privacy hybrid network.As a comprehensive solution for transport layer privacy, HOPR provides the infrastructure for projects to protect their user data.
Source: Crypto Fundraising, Bitchain Vision
