According to incomplete statistics from Odaily Planet Daily, there were 14 blockchain financing events announced at home and abroad from August 21 to August 27, a decrease from last week's data (17 events). The total disclosed financing amount was approximately US$81.1 million, a significant decrease from last week's data (US$190 million).
Last week, the project that received the most investment was AI-driven digital human service provider Prins AI (US$22 million); generative AI tool Ideogram AI also attracted some attention with its impressive lineup of investors.
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):
Prins AI, a blockchain-based AI-driven digital human service provider, completes $22 million in Series A+ financing
On August 21, AI-driven digital human service provider Prins AI announced the completion of a US$22 million Series A+ financing round. The new funds will be used to advance deep learning technology, expand the team, strengthen product development capabilities, and optimize marketing and sales efforts.
According to reports, the platform uses blockchain technology and smart contracts to record the training and application records of AI digital people, and uses a cryptocurrency reward mechanism to enable users to participate in the AI digital human training program. The technology has been applied to multiple scenarios such as radio and television media, brand marketing, e-commerce live broadcast/short video, education and entertainment, AR/VR/AI, NFT/metaverse, etc.
AI tool Ideogram AI completes $16.5 million seed round of financing, led by a16z and others
On August 23, generative AI tool Ideogram AI announced the completion of a $16.5 million seed round of financing, led by a16z and Index Ventures, with participation from Raquel Urtasun, Jeff Dean, Andrej Karpathy, AIX Ventures and Golden Ventures.
Ideogram AI’s mission is to help people become more creative through generative AI. It is developing state-of-the-art AI tools to make creative expression easy, fun, and productive.
Open source tool Anytype completes $13.4 million in financing, led by Balderton Capital
On August 23, the decentralized local peer-to-peer open source tool Anytype announced that it had completed US$13.4 million in financing, led by Balderton Capital, with participation from Inflection, Square One, Script Capital, Protocol Labs, Connect Ventures, New Forge, Foreword VC and others.
Mining energy company Nodal Power completes $13 million seed round
On August 22, Nodal Power completed a $13 million seed round of financing to build a renewable energy power plant at a landfill. It is reported that Nodal Power reduces methane emissions from landfills by providing electricity to Bitcoin mining data centers.
Maple Finance Completes $5 Million in Financing, Led by Tioga Capital and Blocktower Capital
On August 22, the crypto institutional lending agreement Maple Finance completed a $5 million financing round, led by Tioga Capital and Blocktower Capital, with participation from GSR Ventures, Cherry Ventures, Veris Ventures, The Spartan Group and others.
Maple Finance will use the funds from this round of financing to drive the expansion of its lending division, Maple Direct.
Web3 user interaction platform Raleon completes $3.8 million in financing, with Blockchange and others participating
On August 24, Web3 user interaction platform Raleon announced that it had completed US$3.8 million in financing, with participation from Blockchange, Play Ventures, Alliance DAO and Portal Ventures. The funds will be used to help project and brand development.
Solana on-chain digital gift NFT project DRiP completes $3 million seed round of financing, led by Placeholder and others
On August 27, the Solana on-chain digital gift NFT project DRiP completed a $3 million seed round of financing. Placeholder and its partner Chris Burniske, 6th Man Ventures, Anagram and Collab+Currency jointly led the investment, and Boogle Ventures, B+J Capital, Big Brain Holdings, Interlace Ventures, Solana Ventures, ArbVision and others participated in the investment.
BuidlerDAO completes $2 million angel round of financing, led by Sequoia China Seed Fund and SevenX Ventures
On August 27, according to official news, Web3 talent and project network BuidlerDAO announced the completion of a US$2 million angel round of financing, led by Sequoia China Seed Fund and SevenX Ventures, with participation from Bing Ventures, M 77 Ventures, DRK Lab, Gate Labs, MirrorWorld, Conflux, Nicholas Hu (PlanckerDAO), Xiao Zhang (founder of zCloak Network), Paka, Vitalbridge, Inverse Ventures, Doc Labs and others.
BuidlerDAO is a project of Sequoia China Venture Accelerator YUÈ 01, and has also received invitations to move in from Hong Kong Science Park and Cyberport.
Hungri Games Completes $1.9 Million Funding Round at $23 Million Valuation, Led by Bogazici Ventures
On August 23, Web3 game developer Hungri Games announced that it had completed a $1.9 million seed round of financing with a valuation of $23 million. Bogazici Ventures led the investment, and Roko Finance, Preston Labs, Triple Dragon, Erol Ozmandiraci, Oyunfor, Caglan Tanriverdi and The Sandbox co-founder Sebastien Borget participated in the investment.
Hungri Games will use this round of financing funds to accelerate the development of the Web3 role-playing horse racing game Metahorse Unity.
Decentralized social project Friend 3.Group received $500,000 in Pre-Seed round financing, with participation from KoinSaati, JRR Crypto and others
On August 27, the decentralized social project Friend 3.Group received $500,000 in Pre-Seed round of financing, with participation from Turkish crypto community KoinSaati, JRR Crypto and other institutions.
Friend 3 is a decentralized application that focuses on free pricing for paid groups. It also allows creators to customize price curvatures and supports all social platforms, not limited to X (formerly Twitter). Compared to friend.tech, it has made many optimizations in Web3 login, group chat function, price rate customization, terminal compatibility, and privacy protection.
Mina Ecosystem DEX LuminaDEX Completes Strategic Financing, Jump Crypto Participates in Investment
On August 24, Mina ecosystem DEX LuminaDEX announced the completion of a new round of strategic financing, with participation from Mina Foundation, Jump Crypto, BigBrain Holdings, and Mina development team O(1) Labs. The amount of financing has not been disclosed yet.
It is reported that LuminaDEX achieves privacy protection support by supporting zkSNARKs and MPC technology; supports zkKYC to achieve compliance, enhance scalability and anti-MEV capabilities.
Metaverse game developer Irreverent Labs completes new round of financing, Samsung Next leads the investment
On August 24, Irreverent Labs, a developer of metaverse games, completed a new round of financing, led by Samsung Next, with an undisclosed amount. It is reported that Irreverent Labs chose to strengthen cooperation with Samsung because Irreverent hopes to have more contact with potential customers in Samsung Next's investment portfolio.
Crypto exchange BitOasis completes new round of financing, with participation from CoinDCX, Jump Capital and others
On August 25, BitOasis, a crypto exchange in the Middle East and North Africa, completed a new round of financing, with CoinDCX, Wamda Capital and Jump Capital participating.
BitOasis was launched in 2016 and provides crypto trading services to users in countries or regions such as the United Arab Emirates, Saudi Arabia, Bahrain and Kuwait. In 2021, BitOasis completed a $30 million Series B financing round, led by Jump Capital and Wamda, with participation from Alameda Research, Global Founders Capital, Pantera Capital, Digital Currency Group and NXMH.
Crypto accounting solution provider Cryptoworth completes strategic financing, led by CMT Digital
On August 25, according to official news, Cryptoworth, a provider of crypto accounting solutions, announced that it has completed strategic financing, led by CMT Digital, with participation from Kyber Ventures, Saison Capital, ODA Capital and Polygon Ventures. The specific amount of financing has not yet been disclosed. The new financing will be used to accelerate the market expansion of Cryptoworth's enterprise digital asset accounting solutions.