Bridge is building a stablecoin-powered money movement platform, offering services such as payouts, cross-border payments and exchanging foreign currencies.
2/ Praxis secured $525.0M in funding round
Praxis is a community of future city residents, including founders, creatives, investors, and others.
3/ Blockstream secured $210.0M in funding round led by Fulgur Ventures
Blockstream is a blockchain technology company founded in 2014, focusing on developing new infrastructure for the financial system, particularly around Bitcoin sidechains and related applications.
4/ Azra Games secured $42.7M in Series A led by Pantera Capital
Azra Games is a game development studio dedicated exclusively to role-playing games (RPGs).
5/ Yellow Card secured $33.0M in Series C led by Polychain Capital
Yellow Card is a cryptocurrency exchange that allows users to buy and sell Bitcoin using various payment options.
6/ Bitnomial secured $25.0M in funding round led by Ripple
Bitnomial is a U.S.-based regulated cryptocurrency exchange offering futures and options trading for Bitcoin and other digital assets.
7/ zkPass secured $12.5M in Series A
zkPass a composable, privacy-preserving decentralized identity verification solution for Web3 based on multi-party computation (MPC) and zero-knowledge proof (ZKP) technologies.
8/ Opacity Network secured $12.0M in Seed led by Archetype Ventures, Breyer Capital
Opacity is a zero-knowledge proof (ZKP) protocol that enables trustless verification of information without revealing details.
9/ Solv Protocol secured $11.0M in Strategic
Solv Finance is a decentralized platform focused on providing liquidity and yield infrastructure for digital assets.
10/ Mento secured $10.0M in funding round
Mento is a decentralized and transparent protocol that enables the creation of stable value digital assets, such as stablecoins that track the value of fiat currencies.
Last month, over $668M was secured through 107 deals in crypto fundraising market.
1/ Celestia secured $100.0M in funding round led by Bain Capital Crypto
Celestia is a modular blockchain network whose goal is to build a scalable data availability layer.
2/ Infinex secured $65.3M in funding round
The Infinex platform provides access to onchain protocols, services and applications.
3/ Huma Finance secured $38.0M in funding round
Huma Finance is a PayFi network powers financing of global payments, with instant access to liquidity anywhere, anytime.
4/ The Open Network (TON) secured $30.0M in funding round
TON is a fully decentralized Layer-1 blockchain designed by Telegram.
5/ Balance.fun secured $30.0M in funding round led by a16z crypto, Galaxy Interactive
Balance, founded by the E-PAL team, is a Web3 platform focused on blockchain gaming.
6/ Drift secured $25.0M in Series B led by Multicoin Capital
Drift Protocol is a Solana on-chain asset trading center, offer Perps, Prediction Market and so on services.
7/ Helius secured $21.8M in Series B led by Founders Fund, Haun Ventures
Helius aims to help creators overcome these obstacles by providing APIs to understand on-chain data and query transactions.
8/ Hypernative secured $16.0M in Series A led by Quantstamp
Hypernative is a crypto security company that stops zero-day cyber threats, economic and governance risks, and protects digital asset managers, protocols, and Web3 applications from significant losses.
9/ Hemi Network secured $15.0M in funding round led by Binance Labs, Big Brain Holdings, Breyer Capital
Hemi is a modular protocol for superior scaling, security, and interoperability, powered by Bitcoin and Ethereum.
10/ Initia secured $14.0M in Series A led by Theory Ventures
Initia is a network for 0-to-1 omnichain rollups built by fusing a novel L1 with an interwoven application-specific L2 infrastructure system.
The fundraising market has seen minor fluctuation throughout the year. Despite fewer funding rounds, the amount raised in July 2024 reached a yearly high:
✧ Total Amount Raised YTD: $6.445 billion ✧ Total Funding Rounds YTD: 1,079 rounds
✧ Total Amount Raised July 2024: $1.11 billion ✧ Total Funding Rounds July 2024: 119 rounds
Crypto Fundraising Monthly Trends Last 12M The crypto primary market has seen declines since peaking in March 2024: ✧ Total Capital Disclosed Raised YTD: $6.33 billion ✧ Total Funding Rounds YTD: 1079 rounds Although the amount raised remains relatively stable over the month, the number of completed deals per month hit lowest since Sep 2023. *Data for July is not yet complete.
BIGGEST FUNDRAISING ROUNDS LAST WEEK 💰 Last week, over $89M was secured through 26 deals.
1/ Allium secured $16.5M in Series A led by Theory Ventures
Allium provides on-chain data infrastructure products, ranging from managed blockchain databases and enriched data schemas to real-time alerting capabilities.
2/ Chainbase secured $15.0M in Series A led by Tencent & Matrix Partners
Chainbase is an omnichain data network. Its core mission is to provide a transparent, reliable, permissionless data layer for the AI era.
3/ Mira secured $9.0M in Seed led by Framework Ventures
Mira is a vertically integrated framework tailored for AI-native applications. It incorporates a unique economic model where payment for end-use of AI resources, including models, data, and compute, is settled via crypto rails.
4/ Caliza secured $8.5M in funding round led by Initialized Capital
Caliza is a fintech company that helps customers embed digital dollar accounts and real-time payments into their products and services.
5/ Zivoe secured $8.4M in funding round
Zivoe is a real-world asset credit protocol disrupting predatory high-interest consumer lending while bringing yield from consumer loans on-chain.
6/ Haruko secured $6.0M in Series A led by White Star Capital & MMC Ventures
Haruko is a comprehensive gateway for investors to access blockchain opportunities. I
7/ PEXX secured $4.5M in Seed led by TNB AURA
PEXX is a stablecoin cross-border payment platform that simplifies global money transfers.
8/ Nirvana Labs secured $4.0M in Seed led by Castle Island & RW3 Ventures
Nirvana Labs is a Web3 infrastructure solution for building, managing, and supporting any blockchain application.
9/ Truvius secured $3.2M in Seed led by Galaxy
Truvius is focused on providing thematic digital asset portfolios thoughtfully constructed for both institutions and individuals.
10/ Oh Gamers secured $3.0M in Seed led by Axia8 Ventures
Oh Gamers is a Web3 gamer organization dedicated to the mission of changing the way games are played and valued.
Last week, over $140M was secured through 22 deals.
1/ Partior secured $60.0M in Series B led by Peak XV Partners
Partior is a blockchain platform for payments clearing and settlement, born from the Project Ubin collaboration...
2/ ZAP secured $15.0M in funding round led by Cypher Capital Group, Rarestone Capital, Sharding Capital
ZAP is a Blast-based, community-driven token offering protocol designed to optimize token offering success rates by providing advanced technical support.
3/ Rome Protocol secured $9.0M in funding round
Rome Protocol is building a shared sequencer network leveraging Solana.
4/ Aidatify secured $8.3M in funding round
Aidatify is a DeFi strategy aggregator that uses artificial intelligence technology to aggregate and analyze massive data from multiple blockchains in real time
5/ Term Finance secured $5.5M in Strategic led by Electric Capital
Term Finance is a decentralized lending protocol that utilizes a unique auction model to support scalable fixed-rate/fixed-term lending, the first of its kind in DeFi.
6/ Dora secured $5.5M in funding round led by Dragonfly, Lemniscap
Dora's multi-chain search engine and explorer enables users to visualize transactions across any chain.
7/ idOS secured $4.5M in funding round led by Fabric Ventures
The idOS, AKA Identity Operating System, is an open-source, composable and interoperable solution designed to serve as the identity layer of web3.
8/ RECRD secured $4.0M in Seed led by Sui
RECRD’s platform allows creators to earn up to 100% of advertisement revenue with instant monetization based on views rather than follower count.
9/ Tread.fi secured $3.5M in Pre-Seed led by New Form Capital
Tread.fi is a crypto trading infrastructure startup focused on serving institutional firms.
10/ Soccerverse secured $3.1M in funding round led by Square Enix
Soccerverse is a free-to-play game where players can build a dream team and wield influence using the power of blockchain technology.