According to incomplete statistics from Odaily Planet Daily, there were 29 blockchain financing events announced at home and abroad from September 25 to October 8, with a total disclosed financing amount of approximately US$250 million.
In the past two weeks, the project that received the most investment was AI digital identity provider Prins AI ($100 million); followed by oracle solution Supra and Web3 hotel platform Blackbird ($24 million).
The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and M&A events; 3. * indicates a "traditional" company whose business involves blockchain):
AI digital identity provider Prins AI completes $100 million Series B financing, led by AAB VC
On October 2, AI digital identity provider Prins AI completed a US$100 million Series B financing round led by AAB VC.
Prins AI will use this round of financing to continue its research and development of deep learning technology to launch more accurate, natural and efficient digital identity products; expand its team, including recruiting more technical talents to enhance product development capabilities, and expand its marketing and sales teams.
The Prins AI platform uses blockchain technology and smart contracts to record AI digital human training and application behavior, and adopts a cryptocurrency reward mechanism to allow users to participate in the AI digital human training program.
Oracle project Supra has raised over 24 million USD in financing, with participation from Animoca and Coinbase Ventures
On September 28, the next-generation oracle solution Supra has completed more than 24 million US dollars in financing, with Animoca, Coinbase Ventures, HashKey, Prosus Ventures, Razer, United Overseas Bank Venture Management, Valor Equity Partners and others participating. Supra is developing an innovative cross-chain oracle and bridgeless communication network designed to achieve finality within 2 seconds.
Web3 hotel platform Blackbird completes $24 million Series A financing, led by a16z Crypto
On October 5, Web3 hotel platform Blackbird announced the completion of a $24 million Series A financing round led by a16z Crypto, with participation from Amex Ventures and QED Investors.
Blackbird is designed to provide restaurants with loyalty and connection tools so every guest can dine like a regular. Tap Blackbird to earn access, rewards, benefits and FLY loyalty points every time you dine out.
Web3 startup IYK completes $16.8 million seed round led by a16z
On September 29, Web3 startup IYK announced the completion of a $16.8 million seed round of financing, led by a16z Crypto, with participation from 1kx, Collab Currency, Lattice Capital and gmoney.
IYK is a Web3 startup founded in 2021 that provides brands like Adidas and Johnnie Walker with tools to connect the physical and digital worlds. IYK enables brands, musicians, and creators to build digital physical experiences that help them give back to their fans and stay connected to their communities.
Ethereum infrastructure company Rated Labs completes $12.888 million Series A financing, led by Archetype
On September 27, Ethereum infrastructure company Rated Labs completed a US$12.888 million Series A financing round, led by Archetype, with participation from Placeholder, 1confirmation, Cherry, Semantic, Robot Ventures, Chorus One, Factor, Maelstrom and others.
Rated Labs currently provides an Ethereum web explorer, data API, and oracle, and plans to expand its products to multiple L1 chains next year, including Polygon, Solana, Cosmos, and Polkadot.
On-chain credit risk management company Cicada Partners completes $9.7 million Pre-Seed round of financing, led by Choppa Capital
On October 5, on-chain credit risk management company Cicada Partners completed a $9.7 million Pre-Seed round of financing, led by Choppa Capital, with participation from Bitscale, Bodhi Ventures and Shiliang Tang. The funds raised will be used to provide seed funding for multiple new non-custodial lending pools and conduct research and development on new blockchain lending application cases.
AIOPs platform Senser completes $9.5 million seed round of financing, led by Eclipse
On September 28, Senser, an artificial intelligence operations management (AIOPs) platform that can provide data analysis support for Web3 infrastructure, announced the completion of a US$9.5 million seed round of financing, led by Eclipse and participated by Amdocs and others.
Senser can provide enterprise production environments with real-time intelligence based on eBPF technology, analysis services that do not require any instruments or configuration, and support cross-distributed systems; the product has been deployed in the blockchain company ConsenSys.
Blockchain game Fableborne announced that it has received a total of US$7.8 million in financing this year
On September 28, the blockchain game Fableborne, developed by Web3 game studio Pixion Games, posted on the X platform that it had received a total of US$7.8 million in financing this year. Investors include Shima Capital, Mechanism Capital, VGC, Merit Circle, Eldridge, GSR, Zee Prime Capital, Blizzard Fund, Big Brain Holdings, Builder Capital, Avalaunch, ReadyPlayerDAO, etc.
AirDAO announces completion of financing, DWF Labs has invested $7.5 million in it
On October 3, AirDAO announced the completion of its financing, and DWF Labs has invested $7.5 million in it. The investment plan is divided into a one-year cliff period and a 36-month vesting plan. This investment aims to increase the larger-scale adoption of the AirDAO ecosystem.
Web3 social protocol Phaver completes $7 million in financing, with Polygon Ventures and others participating
On October 5, the Web3 social protocol Phaver completed US$7 million in financing. This round of financing was participated by Polygon Ventures, Nomad Capital, Symbolic Capital, dao 5, Foresight Ventures, Alphanonce, f.actor and Superhero Capital.
The new funds will be used to expand the team as well as product development and other partnerships. Phaver aims to help users join the Web3 social platform more easily, providing a Web3 entry experience similar to existing social platforms. Phaver has integrated its technology or social graph with the decentralized social network ecosystem Lens Protocol and the Web3 social network CyberConnect.
Fhenix Completes $7 Million Seed Round Led by Multicoin Capital and Collider Ventures
On September 26, Fhenix, a confidential blockchain powered by fully homomorphic encryption (FHE), announced that it had received $7 million in seed funding led by Multicoin Capital and Collider Ventures, with participation from Node Capital, Bankless, HackVC, TaneLabs and Metaplanet, and other individual investors including Tarun Chitra and Robert Leshner of Robot Ventures. This round of funds will be used to introduce the Fhenix network to a public testnet early next year and support ecosystem application development.
Avantis Labs Completes $4 Million Seed Round Led by Pantera Capital
On September 27, DeFi derivatives trading platform Avantis Labs completed a $4 million seed round of financing, led by Pantera Capital, with participation from Founders Fund, Coinbase's Base Ecosystem Fund and Modular Capital. The new funds will be used to develop its flagship product Avantis, a perpetual contract trading and market making protocol.
Ostium Labs Completes $3.5 Million in Financing, with General Catalyst and Others Joining
On October 7, cryptocurrency startup Ostium Labs completed a $3.5 million financing round, with General Catalyst, LocalGlobe, SIG and Balaji Srinivasan participating in the investment.
Co-founder Kaledora Kiernan-Linn said the new protocol being developed by Ostium Labs will support trading in perpetual contracts related to oil, bitcoin and oil. It will also support trading in foreign exchange pairs for the Australian dollar, British pound, euro and yen.
Blockchain cloud SaaS platform Cygnetise completes £2.5 million Pre-A round of financing, led by Adjuvo
On September 25, London blockchain cloud SaaS platform Cygnetise announced the completion of a £2.5 million Pre-A round of financing, led by British investment group Adjuvo and participated by US venture capital firm VC Massive.
Portfolio management platform Bril Finance completes $3 million seed round of financing, with FalconX and others participating
On September 27, DeFi portfolio management platform Bril Finance completed a $3 million seed round of financing, with participation from FalconX, Kosmos Ventures and the Algorand Foundation. Bril Finance uses algorithms and automatic token deployment to adjust users' positions. Bril Finance said it has launched its flagship product on the Sei chain and hopes to work with chains such as Ethereum, Base, Avalanche, Polygon, and Arbitrum.
Bitcoin commercial entity insurance company AnchorWatch completes $3 million in financing, led by Ten 31
On September 26, AnchorWatch, an insurance company that provides insurance to commercial entities holding Bitcoin, announced that it had received US$3 million in financing, led by Ten 31, with participation from Axiom BTC, Timechain, Bitcoin Opportunity Fund, UTXO Management (the asset management department of Bitcoin Magazine and organizer of the Bitcoin Conference), and other institutions.
It is reported that Trident Vault is the first Bitcoin vault designed for commercial use, introducing key holder qualifications and time-locked spending conditions to achieve on-chain compliance and governance.
Fairblock, a privacy protocol based on Cosmos SDK, completes $2.5 million pre-seed round of financing, led by Galileo
On October 6, privacy infrastructure provider Fairblock completed a US$2.5 million pre-seed round of financing, led by Galileo, with participation from Lemniscap, Dilectic, Robot Ventures, GSR, Chorus One, Dorahacks and Reverie.
Fairblock aims to make conditional decryption and pre-execution privacy a reality. Conditional decryption refers to allowing users to set conditions that enable the protocol to execute transactions without leaking any on-chain information before execution. Unlike zero-knowledge (ZK) technology, Fairblock is designed so that information is only encrypted or decrypted under specific conditions.
Convergence RFQ Completes $2.5 Million Pre-Seed Round of Funding, Led by C² Ventures
On October 5, Solana ecosystem DEX Convergence RFQ completed a $2.5 million pre-seed round of financing with a valuation of $30 million. C² Ventures led the investment, with participation from Big Brain Holdings, Israel Blockchain Association, Auros Global and others.
Convergence RFQ will support spot and derivatives trading and is expected to launch early next month, and hopes to expand to Arbitrum. In addition, Convergence RFQ has set the trading symbol of its governance token to CVG.
GameFi platform NexGami completes $2 million seed round of financing, with participation from Polygon Ventures and others
On October 3, GameFi platform NexGami announced the completion of a US$2 million seed round of financing, with participation from Polygon Ventures, Fundamental Labs and Ledger Capital, with a post-investment valuation of US$20 million.
It is reported that NexGami is committed to providing seamless integration solutions for gaming products and enhancing the gaming experience of users within the Polygon network, and introducing game users outside the circle into the GameFi ecosystem.
Token-based enterprise financing platform Tokenize.it completes 2 million euro seed round of financing, with participation from w 3 fund and others
On October 3, Tokenize.it, a token-based corporate financing and employee engagement platform, announced the completion of a €2 million seed round of financing, with participation from High-Tech Gründerfonds (HTGF), w 3 fund, Seed+Speed and a group of business angel investors.
On-chain asset management agreement L1 Advisors completes $1.6 million seed round of financing, led by VanEck
On October 5, the on-chain wealth and asset management protocol L1 Advisors completed a $1.6 million seed round of financing, including a $1 million strategic investment from VanEck, with participation from Ironclad Financial, Ismail Jai Hokimi and others, to build an operating system for on-chain wealth and asset management.
Crypto infrastructure Pimlico completes $1.6 million Pre-Seed round of financing, led by 1coinfirmation
On September 25, crypto infrastructure Pimlico announced the completion of a $1.6 million Pre-Seed round of financing, led by 1confirmation, with participation from Safe and Consensys. Pimlico will work to expand the platform and promote Ethereum's transformation to smart accounts.
Liquidity re-pledge platform Restake completes $500,000 seed round of financing, with participation from DCD and others
On September 26, according to official news, liquidity re-pledge platform Restake Finance announced the completion of a US$500,000 seed round of financing, with participation from AlfaDAO, DCD, Yields and More, Moni and others.
Stablecoin yield agreement Zunami Protocol completes angel round financing, Curve founder participates in investment
On September 27, the decentralized stablecoin yield protocol Zunami Protocol completed its angel round of financing. Participants included Cream Finance, and individual investors included Curve founder Michael Egorov, Mr. Block, Convex members named C 2 tP and Winthorpe on Twitter, Hubirb on Twitter, and other Stake DAO contributors, AladdinDAO core contributor Pauls, etc. This round of financing will be used to develop and audit Zunami V2, which is scheduled to be launched in November.
Blockchain service startup CryptoCoco completes seed round of financing of hundreds of thousands of dollars, with Skyland Ventures participating
On September 28, according to official news, blockchain service startup CryptoCoco completed a seed round of financing of hundreds of thousands of dollars, with Skyland Ventures participating in the investment.
It is understood that CryptoCoco is a startup company that provides blockchain-related services. Its main product is the NFT market development platform "CocoShop". Its business includes NFT issuance, NFT market development, other blockchain-based system development and consulting services.
KYAX, a digital asset reporting and transaction reconciliation platform, completes strategic round of financing, with Appold participating
On September 28, digital asset reporting and transaction reconciliation platform KYAX completed a strategic round of financing, with blockchain consulting company Appold participating in the investment. The specific amount of financing has not yet been disclosed. KYAX will use the new funds to provide institutional clients with digital asset management reporting tools that meet regulatory requirements and help them achieve digital asset compliance management.
Web3 super app ParaX receives strategic financing from Hong Kong digital asset wealth management company Metalfa
On September 30, Web3 super app ParaX announced that it had received strategic financing from Metalfa, a Hong Kong digital asset wealth management company. The specific amount has not been disclosed. Since its launch at the beginning of the month, ParaX TVL has exceeded US$45 million and the number of users has exceeded 1,700.
On-chain art agency Fountain announced the completion of financing, incubated by Flamingo DAO, and participated in by 6529 Capital and others
On October 3, the on-chain art agency Fountain announced the completion of financing, and the amount of financing was not disclosed. Fountain was incubated by Flamingo DAO, and participated in the investment by Collab+Currency, Sfermion, VonMises, Cozomo de Medici, 6529 Capital, etc.
Fountain is an art brokerage platform that aims to serve two groups of people - members of the traditional art world and crypto natives. The product provides users with a pure peer-to-peer over-the-counter trading service.
Liquidity staking platform Accumulated Finance V2 completes financing, Curve and others participate
On October 3, the Accumulated Finance team announced that the liquidity staking platform Accumulated Finance V2 has completed a new round of private equity financing. Curve, De Facto Capital, Stake DAO and others participated in the investment, and the amount of financing has not yet been disclosed.