According to incomplete statistics from Odaily Planet Daily, a total of 24 domestic and overseas blockchain financing events were announced from September 11 to September 17, an increase from last week’s data (20), with the total disclosed financing amounting to approximately 110 million. USD, down sharply from last week’s figure ($291 million).
Last week, the project that received the largest amount of investment was Animoca Brands’ NFT project Mocaverse (US$20 million); French financial technology company Fipto and game developer Pahdo Labs also followed closely, raising US$16.05 million and US$15 million respectively.
The following are specific financing events (Note: 1. Sorted according to the announced amount; 2. Excludes fund raising and mergers and acquisitions; 3. *Represents companies in the "traditional" field where some businesses involve blockchain):
Animoca Brands raises $20 million for its NFT project Mocaverse, led by CMCC Global
On September 11, according to official news, Animoca Brands announced that it had obtained a new round of binding financing commitments to accelerate the development of its NFT project Mocaverse.
Specifically, Animoca Brands raised $20 million by issuing new ordinary shares at A$4.50 per share. As part of the financing, the company issued free additional utility token warrants to investors based on a 1:1 US dollar ratio. The financing was led by CMCC Global, with participation from Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (founder of Sky Mavis), Gabby Dizon (founder of Yield Guild Games), and institutional investors from Koda Capital. Animoca Brands' executive chairman and co-founder Yat Siu also participated in the financing round.
The new funds will be used to advance the Mocaverse project, including product development, promoting Web3 adoption, and securing partnerships to expand Animoca Brands’ gaming, cultural, and entertainment ecosystem of approximately 450 portfolio companies and projects across Web3.
Blockchain cross-border payment platform Fipto completes 15 million euro seed round financing, led by Serena Capital and Motier Ventures
On September 14, French fintech company Fipto completed a 15 million euro seed round of financing, led by Serena Capital and Motier Ventures. The new financing will allow Fipto to further develop its platform to provide integrated payment and treasury solutions that enable companies to convert and send any currency by leveraging the advantages of blockchain (speed, cost efficiency and transparency).
Game developer Pahdo Labs completes $15 million Series A financing, led by a16z
On September 12, game developer Pahdo Labs announced the completion of a $15 million Series A financing, led by a16z. Pahdo Labs is a game studio dedicated to creating the next-generation anime RPG game "Halcyon Zero" and a UGC platform for players to create their own anime-style models and worlds.
Flashwire Group completes $10 million Series A financing and launches multiple innovative products
On September 11, according to official news, innovative financial group Flashwire Group completed a US$10 million Series A financing earlier this year, with participation from Legend Trading, Cobo, Gate.io, VeChain, CyberX, SuperChain Capital and others, and will officially launch a number of new financial products for the Web3 industry during the upcoming Token 2049 Singapore Conference.
Web3 game studio GamePhilos completes $8 million seed round of financing, led by Xterio, Animoca Ventures and others
On September 12, GamePhilos Studio, the development studio of the Web3 strategy game Age of Dino, completed an $8 million seed round of financing, led by Xterio, Animoca Ventures, SevenX Ventures and Chain Hill Capital, and participated by Hashkey Capital, Sanctor Capital, Game 7, Bas 1s, GSR Markets, GSG Ventures and others.
Web3 collaborative entertainment protocol Mythic completes $6.5 million in financing, led by Shima Capital partner
On September 13, Web3 collaborative entertainment protocol Mythic Protocol completed a $6.5 million seed round of financing, led by Shima Capital partner Yida Gao, with participation from Alpha JWC, Saison Capital, GDV Venture, Planetarium Labs, Arcane Group, Presto Labs, MARBLEX, EMURGO Ventures, HYPERITHM, etc. Mythic Protocol will use this round of financing to develop and launch its initial core products.
Layer N completes $5 million seed round of financing, led by Founders Fund and dao 5
On September 13, modular L2 protocol Layer N announced the completion of a $5 million seed round of financing, led by Founders Fund and dao 5, with participation from Kraken Ventures and Spencer Noon.
Layer N, as the second layer built on Ethereum, focuses on improving transaction throughput and reducing transaction latency to replicate the transaction speed of traditional financial markets on the blockchain.
Cross-border payment platform Parallax completes $4.5 million seed round of financing, led by Dragonfly Capital
On September 13, cross-border payment platform Parallax announced the completion of a $4.5 million seed round of financing, led by Dragonfly Capital, with participation from Circle Ventures, General Catalyst, gumi Cryptos Capital, Palm Drive Capital, Comma Capital, Firsthand Alliance, and angel investors such as Balaji and Zach Abrams. The new funds will be used to continue to expand the team size and business scale.
Range Protocol Completes $3.75 Million Seed Round Led by HashKey Capital and Nomad Capital
On September 12, Range Protocol announced the completion of a $3.75 million seed round of financing, led by HashKey Capital and Nomad Capital, with participation from Spark Digital Capital, Mirana Ventures, Symbolic Capital, Asymm Ventures, and Comma 3 Ventures. This round of funds will be used to continue building Range Protocol's integrated on-chain asset management platform and further expand the team and community.
Movement Labs Completes $3.4 Million Pre-Seed Round of Funding
On September 13, Movement Labs announced the completion of a $3.4 million Pre-Seed round of financing, led by Varys Capital, dao 5, Blizzard The Avalanche Fund, Borderless Capital and its cross-chain fund focused on the Wormhole ecosystem, with participation from Colony, Interop Ventures, Elixir Capital, and BENQI.
Web3 open source software developer platform ONLY Dust completes $3 million in financing, led by Fabric Ventures
On September 15, Web3 open source software developer platform ONLY Dust announced that it had completed a US$3 million financing round, led by Fabric Ventures, with participation from Frst, Ergodic (LambdaClass) and Stake Capital.
Web3 startup Immix completes $2.7 million seed round, led by MMV and co-invested by Ripple
On September 13, Web3 startup Immix completed a $2.7 million seed round of financing, led by MassMutual Ventures (MMV) and participated by Ripple. The new funds will be used to develop Immix's trading platform and improve the execution capabilities of its market-making products.
Founded in 2019, Immix originally started as a crypto hedge fund and is currently focused on providing non-custodial trading systems for institutional investors.
DeFi data analysis platform Octav completes $2.65 million in seed round financing
On September 13, DeFi data analysis and tax reconciliation platform Octav announced the completion of a US$2.65 million seed round of financing. Investors include Nascent, Polymorphic Capital, Parallel Studio, Spaceship DAO, Investmeows, Possible Ventures, Speedinvest, ACET Capital and other institutions, as well as Aave strategy head Markc Zeller, former Sushiswap CEO 0x Maki and other individual investors.
NFT sports game analysis platform Podium completes €2 million financing
On September 16, NFT sports game analysis platform Podium (formerly known as SorareData) announced the completion of 2 million euros in financing, led by Fabric Ventures, with participation from Sfermion and Seedcamp. Podium said that this round of financing aims to strengthen SorareData's position, promote its operations and products, and will also support the launch of ReignMetrics, a data analysis tool customized for DraftKings Reignmakers.
0x Pass Completes $1.8 Million Pre-Seed Round of Financing, with Alchemy Ventures and Others Participating
On September 11, MPC solution provider 0x Pass completed a $1.8 million Pre-Seed round of financing, with participation from AllianceDAO, Soma Capital, Alchemy Ventures, Blockchain Builders Fund, Formulate Ventures, Kommune, Hashed EM, Signum Capital/UOB, Nonce Classic, and angel investors Balaji Srinivasan (former CTO of Coinbase) and Z Fellows' Cory Levy. It is reported that 0x Pass, incubated in the Stanford Blockchain Club, allows developers to build multiple authentication methods in non-custodial wallets, built on the MPC algorithm, and allows key shares to be distributed only among network nodes.
Web2.5 game service platform Salvo Games receives $1.5 million in angel round financing
On September 11, Web2.5 game service platform Salvo Games completed a $1.5 million angel round of financing on September 10, led by a gold medal producer of a well-known Asian game listed company. Through this cooperation, both parties said that they will combine their own advantages to combine resources and devote themselves to the development of the Web3 field in the future. The project layout will also involve the research and development of various high-quality games and the introduction of cooperation, platform empowerment and innovation, developer channel construction, player asset trading and management platform construction, etc.
DeFi yield aggregator Portals completes $500,000 in seed round expansion financing
On September 13, DeFi yield aggregator Portals completed a $500,000 seed round of expansion financing, with investors including Bankless Ventures, Digital Currency Group (DCG) and Founderheads.
Modular Labs completes Pre-Seed round of financing, led by Hashed and K 300
On September 11, venture capital firm Modular Labs completed its Pre-Seed round of financing, led by Hashed and K 300, with participation from GuildFi and GBV. Modular Labs aims to provide support for technicians who develop using modular blockchains.
Hybrid on-chain exchange Gravity completes seed round financing, with ABCDE and others participating
On September 11, according to official news, the hybrid on-chain exchange Gravity completed its seed round of financing, with investors including ABCDE, Matrix Partners China, Delphi Digital, C² Ventures, etc.
Okapi Completes Pre-Seed Round of Funding, Led by Mirana Ventures and Mask Network
On September 11, Okapi announced the completion of its Pre-Seed round of financing, led by Mirana Ventures and Mask Network, with participation from GoPlus Security. The financing amount has not been disclosed. It is reported that Okapi is an authentication platform that combines content and reputation.
Mountain Protocol Completes Seed Round Financing, Coinbase Ventures Participates
On September 11, the state-regulated yield stablecoin Mountain Protocol announced the completion of its seed round of financing, led by Nic Carter of Castle Island Ventures, with participation from Coinbase Ventures, New Form Capital, Daedalus Angels, etc. Martin Carrica, co-founder and CEO of Mountain Protocol, said that the amount of this round of financing is confidential due to regulatory requirements.
Web3 financial services company pafin completes new round of financing, Sony Innovation Fund and others participate
On September 12, Japanese Web3 financial services company pafin completed a new round of financing, with participation from DG Daiwa Ventures, Sony Innovation Fund and MZ Web3 Fund. Pafin is developing financial technology and Web3-related businesses, such as Cryptact, an automatic profit and loss calculation service for encrypted assets, and defitact, a Web3 family ledger tool. Pafin will use this round of financing to strengthen marketing and recruitment, expand the scope of its main business services, and build Web3 infrastructure.
ZeroShu Technology completed its B2 round of financing, with Beijing Guoxin Zhongshu Investment Management Co., Ltd. as the investor
On September 14, ZeroShu Technology announced the completion of its B2 round of financing. The specific amount of financing was not disclosed. The investor was Beijing Guoxin Zhongshu Investment Management Co., Ltd., a subsidiary of the National Information Center. This round of financing will be mainly used to promote product innovation, marketing and team expansion. In the future, ZeroShu Technology will further create benchmark scenarios for industrial blockchains and implement application promotion plans.
Web3 incentive platform Cultos Global completes new round of financing
On September 14, Dubai Web3 incentive platform Cultos Global announced the completion of a new round of financing, with participation from boAt Lifestyle founder and CEO Sameer Mehta, female social encryption platform Coto founder and CEO Tarun Katial, Bosch Southeast Asia head Vijay Ratnaparkhe, etc. The specific amount of financing has not been disclosed. It is reported that Cultos Global is committed to helping brands issue their own tokens and establish incentive systems based on related tokens.