Compiled by: Golden Finance
This week, 32 blockchain startups raised a total of $202.3 million in funding.
The largest financing round this week
Story Protocol (PIP Labs)
Raised $80 million in a Series B round led by Andreessen Horowitz (a16z crypto), Polychain Capital, Cozomo de’ Medici, Adrian Cheng and Scott Trowbridge.
Story Protocol is a Web3 technology designed to support creators in building open story universes and virtual worlds by providing infrastructure. It allows the creation, management and licensing of intellectual property on the blockchain, forming a story ecosystem that can be modularly combined and innovated.
Pre-seed and Seed Rounds
Fanton
Received $1 million in Seed funding from Animoca Brands, Delphi Digital, Kenetic, HashKey Group, TON Ventures, PAKA, and Sign VC.
Fanton is an innovative “play and earn” fantasy football game based on the TON blockchain that integrates NFTs and crypto to provide an accessible free-to-play option and multiple monetization opportunities for fans.
Stork Network
Received $4 million in Seed funding from Lightspeed Faction, Lattice Fund, CMS Holdings, and Wintermute.
Stork Network is a decentralized open data marketplace that aims to provide developers and protocols with reliable, unique data, helping users integrate decentralized data without compromising data quality or security.
TMRW
Received $1.3 million in Pre-seed funding from Maple VC and Brad Mills.
TMRW is a Bitcoin social platform that enables users to easily send and receive Bitcoin or USD between friends, focusing on simplifying peer-to-peer transactions and providing a user-friendly interface to connect people with their digital currency.
SatLayer
Received $8 million in Pre-seed funding from Hack VC, Castle Island Ventures, Franklin Templeton, OKX Ventures, Mirana Ventures and other institutions.
SatLayer is a modular security layer based on Bitcoin that provides higher security for the entire crypto ecosystem by introducing Bitcoin Verification Service (BVS), helping developers ensure the consistency of their projects with the Bitcoin network.
Arch Lending
Received $5 million in Seed round investment from Morgan Creek Capital, Castle Island Ventures, Galaxy Digital and other institutions.
Arch Lending is a crypto mortgage platform that allows users to obtain liquidity without selling digital assets, providing transparent and flexible lending solutions.
Ark Labs
Received $2.5 million in Pre-seed round investment from Tim Draper, Draper Associates, Fulgur Ventures and other institutions.
Ark Labs is developing Bitcoin's Layer 2 protocol, Ark, which aims to achieve fast, low-cost and private transactions, by processing transactions off-chain, reducing fees, and allowing users to receive payments even when offline.
Ducat
Received $1.3 million in Pre-seed round investment from UTXO Management, CMS Holdings, Bitcoin Frontier Fund and other institutions.
Ducat Protocol manages the issuance and redemption of UNIT collateralized debt positions (CDPs) using Bitcoin's native zero-knowledge proof circuits. Its governance token DUCAT is decentralized by design, providing a stablecoin solution that combines Bitcoin's censorship resistance with decentralized, native collateral.
Reflection AI
Received an undisclosed amount of Seed round investment from Cryptogram Venture, K24 Ventures, and CatcherVC.
Reflection AI is an AI platform that allows users to explore and use advanced AI tools for digital content creation and customization, with the goal of providing easy access to technology for professionals and enthusiasts.
Skyfire
Received $8.5 million in Seed round investment from Circle Ventures, Ripple, Gemini Frontier Fund and other institutions.
Skyfire is a financial platform for the AI economy that allows AI agents to autonomously discover, pay for and monetize services, data and infrastructure.
BSX
Received $4 million in Seed round investment from Blockchain Capital, Base Ecosystem Fund, Bankless Ventures and other institutions.
BSX is an on-chain trading platform based on decentralized blockchain infrastructure, providing perpetual futures trading, combining the efficiency of centralized exchanges with the security of decentralized exchanges.
g8keep
Received $1.3 million in Pre-seed round investment from Robot Ventures, Base Ecosystem Fund and other institutions.
g8keep is committed to solving the risks in token issuance and trading, providing a safe and transparent platform to ensure that users can have a more reliable environment in digital asset trading.
YeagerAI
Received $7.5 million in Seed round investment from North Island Ventures, Node Capital, Arrington Capital and other institutions.
YeagerAI is an AI R&D platform that aims to create collaborative AI agents through its Generative World-as-a-Service platform GenWorlds.
Corn received $6.7 million in Seed round investment from Polychain Capital, Binance Labs Fund, Framework Ventures and others.
Corn is a Bitcoin-based Ethereum Layer 2 solution that enhances Bitcoin's utility by using Bitcoin to pay gas fees in the decentralized finance (DeFi) ecosystem.
Sorella Labs
Received $7.5 million in Seed round investment from Paradigm, Uniswap Labs Ventures and others.
Sorella Labs is developing innovative tools to solve Ethereum's Maximum Extractable Value (MEV) problem, dedicated to reducing costs and unfair competition for DeFi users.
Nexus Interactive
Received $2 million in Seed round investment from Animoca Brands, Jump Crypto, Maven Capital and others.
Nexus Interactive is a blockchain game development platform that helps developers and game companies quickly build Web3 games and provide players with high-quality blockchain game experiences.
AIshare
Raised $600,000 in a pre-seed round of financing from investors including Coin Nest Investments, The Crypto Launchpad, Dubai Blockchain Lab, First Block Venture and ERC20 Capital.
AIshare is an all-in-one AI innovation, GPU and profit center platform that plans to launch on TON and Solana. AIshare has revolutionized AI development through advanced technology and rewards for contributions. The platform provides AI professionals with AI solutions, GPU resources and a unique token-based system to promote innovation, collaboration and success. AIshare solves key challenges in the industry such as resource fragmentation, high costs and lack of collaboration. AIshare's revenue sources include: GPU leasing, membership services, educational services, data market, AI model licensing and transaction fees.
Other Investment Rounds
UXLINK
UXLINK received an undisclosed amount from 071labs (Zero Seven One Labs) in a round of financing.
UXLINK is a Web3 social platform designed for mass adoption that allows users to create social assets and participate in cryptocurrency transactions. This innovative platform includes a series of modular Dapps covering functions such as onboarding, social graph formation, group tools and socialized transactions.
Slash Vision Labs
Slash Vision Labs received an undisclosed amount from 071labs (Zero Seven One Labs) in a round of financing.
Slash is a decentralized payment protocol that aims to connect users and self-sustaining wallets with decentralized finance (DeFi) applications through smart contracts. The platform facilitates secure and efficient cryptocurrency transactions on multiple blockchains, enabling users to seamlessly manage and trade a variety of crypto assets. Slash also offers innovative solutions such as the Slash Card for Japan and the V-Preca SHOP for cryptocurrency purchases.
Credbull
Credbull received $5.2 million in a funding round from Gnosis DAO, Outlier Ventures, Hodl Ventures, XBTO Group, LucidBlue Ventures, Purechain Capital, CSP DAO, Nodifi, Cogitent Ventures, Acacia Digital Holdings, and Coach K.
CredBull is a decentralized finance (DeFi) platform that allows users to obtain instant credit using digital assets as collateral. It provides a seamless lending and staking experience, enabling users to maximize their cryptocurrency holdings. With a focus on security, transparency, and ease of use, CredBull provides a convenient solution for managing digital finance without the need for a traditional bank.
Code4rena
Code4rena received an undisclosed amount from Zellic in a round of M&A funding.
Code4rena is a community-driven platform that organizes security audit competitions for smart contract code, providing participants with wider coverage and guaranteed rewards. The platform incentivizes independent auditors to find vulnerabilities before code goes into production, creating a more efficient and diverse approach than traditional audits. Participants in the arena include Guardians who audit the code, sponsors who create prize pools, and judges who evaluate Guardians' performance and findings.
Sidekick
Sidekick received an undisclosed amount from Binance Labs Fund in a funding round.
Sidekick is a Web3 platform focused on mass adoption that combines gaming and social features, enabling users to distribute and monetize in-game items, match and play games in a secure way. The platform also enables partners to publish and monetize games, creating deeper engagement opportunities for the gaming community. Sidekick's mission is to leverage blockchain technology to provide a seamless and transparent user experience, ensuring secure transactions and broad accessibility.
GAMEE
GAMEE has raised an undisclosed amount from Pantera Capital in a funding round.
GAMEE is a blockchain-powered mobile gaming platform that connects gamers, brands, and Web3 projects. It offers a range of casual games where players can earn tokens, NFTs, and other rewards. With over 75 million registered users and 9.2 billion gameplays, GAMEE has played an important role in onboarding players into the Web3 ecosystem, integrating play-to-earn mechanisms and partner collaboration to enhance user experience.
Starfish Technologies
Starfish Technologies has raised an undisclosed amount from Humans.ai in a round of M&A funding.
Starfish Technologies is a blockchain engineering studio focused on the design, implementation, security, and deployment of Solidity smart contracts. They provide end-to-end decentralized application (DApp) development services and provide consulting on Web3 trends and decentralized solutions. Their comprehensive and collaborative approach ensures that both the technical and business requirements of the project are met, creating sustainable and secure blockchain solutions.
zkMe
zkMe has raised $4 million in a funding round from Multicoin Capital, OKX Ventures (formerly OKEx Blockdream Ventures), and Robot Ventures.
zkMe is a decentralized Web3 network that leverages zero-knowledge proofs for secure and private credential issuance and verification. Its mission is to provide an infrastructure that showcases verified credentials while maintaining privacy and trust, enabling issuers, holders, and verifiers to leverage the value of identity.
DIN (formerly Web3Go)
DIN has raised $4 million in a funding round from 071labs (Zero Seven One Labs), Manta Network, Moonbeam Network, Maxx Capital, and Ankr Network.
DIN is a decentralized network that leverages cryptography and blockchain technology to create a secure, private, and censorship-resistant communication and information sharing platform. It provides users with decentralized publishing, messaging, and collaboration tools that ensure privacy and freedom from centralized control.
ETC Group
ETC Group received an undisclosed amount from Bitwise in an M&A funding round.
ETC Group focuses on providing exchange-traded products (ETPs) that provide secure and regulated exposure to Bitcoin, Ethereum, and other cryptocurrencies. They combine the strengths of traditional financial products with the innovation of blockchain technology, making it easier for investors to diversify their portfolios through digital assets.
Chain Debrief
Chain Debrief received an undisclosed amount from PEXX in an M&A funding round.
Chain Debrief is a blockchain media platform headquartered in Singapore.
BiFinance
BiFinance received $10 million in a Series A funding round from Sunfund Fortuna Global Opportunities, Eternal Asia Group, SDM Education, and TigerBCDAO.
BiFinance is a cryptocurrency trading platform that facilitates the buying, selling and trading of digital assets such as Bitcoin, Ethereum, etc. It provides a user-friendly interface, strong security features and a wide range of trading pairs. BiFinance is committed to providing a convenient and reliable experience for both new and experienced traders in the crypto market.
SatsRush
SatsRush received $1 million in a round of funding from FundLand Capital, Oddiyana Ventures, Triple Gem Capital, OrangeDX and NeoCortexAI.
SatsRush is a gamified Web3 engagement platform based on Bitcoin's Ordinals, BRC20, Runes and Layer 2 networks. It provides a "Gamification as a Service" (GaaS) model that enables brands to showcase themselves through gaming experiences. The platform supports community draws, in-game NFTs and competitions that allow players to earn Bitcoin grand prizes. SatsRush aims to drive Web3 adoption by providing tools and services to create engaging gamified experiences, connecting brands and players.
Fabric Cryptography
Fabric Cryptography raised $33 million in a Series A funding round from Blockchain Capital, 1kx, Inflection, Protocol Labs, Offchain Labs, Polygon, Matter Labs, O(1)Labs, Nebra, Daniel Lubarov, Sandeep Nailwal, Sandy Peng, Uma Roy, Sreeram Kannan, Joe Andrews, Ben Fisch, Illia Polosukhin, and Lyuben Belov.
Fabric Cryptography develops advanced hardware solutions designed specifically for cryptography. Their Verifiable Processing Unit (VPU) chips accelerate cryptographic operations, combining the best features of GPUs and ASICs to deliver high performance and flexibility. Fabric’s platform enables cryptographers and engineers to build secure, real-time systems that prioritize privacy and data protection.
Soulbound
Soulbound has raised $4 million in a funding round from iAngels Capital, Animoca Brands, Big Brain Holdings, NGC Ventures (NEO Global Capital), Panony, Delta Blockchain Fund, and David Johansson.
Soulbound is a Web3 gaming platform that combines decentralized finance (DeFi) and blockchain technology to create a play-to-earn ecosystem. Players can participate in quests, earn rewards, and participate in a community-driven marketplace. Soulbound offers a seamless gaming experience where digital assets are tradable and achievements are tokenized as NFTs, creating real value in the gaming world.
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