One-week financing express | 23 projects received investment, with a total disclosed financing amount of approximately U
According to incomplete statistics from Odبالنيابةly Planet Daily, there were 23 blockchain financing events announced at home and abroad from June 3 to June 9, which was a decrease from last weeks data (32). The total amount of financing disclosed was approximately US$234 million, which was an increase from last weeks data (US$178 million).
Last week, the project that received the most investment was blockchain expansion service provider Avail ($43 million); followed by DePIN project io.net ($40 million).
The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and MA events; 3. * indicates a traditional شركة whose business involves blockchain):
On June 4, blockchain expansion service provider Avail announced the completion of a $43 million Series A financing round, led by Founders Fund, Dragonfly and Cyber Fund, with participation from SevenX, Figment, Spark Digital Capital, etc. The companys total financing has reached $75 million so far. Avails service targets are mainly Layer-2, that is, blockchains such as Base, Polygon, Arbritrum or Opitmism, helping L2 to batch assemble and write transactions to the main chain or Layer-1 chain.
On June 6, according to a research report released by Binance Research, io.net has raised US$40 million through two rounds of private placements, with the latest valuation being US$1 billion.
Stablecoin protocol M^0 completes $35 million Series A financing, led by Bain Capital
On June 5, the stablecoin protocol M^0 completed a US$35 million Series A financing round led by Bain Capital, with participation from Galaxy Ventures, Wintermute Ventures and GSR.
Sandbox Completes $20 Million in Financing, Led by Kingsway Capital
On June 6, Sandbox, a user-generated content metaverse platform, completed a $20 million financing through convertible debt, led by Kingsway Capital and Animoca Brands, with participation from LG Tech Ventures and True Global Ventures, with a valuation of $1 billion. Note holders can convert them into equity in Bacasable Global Limited under the same terms as existing preferred shares.
Ethereum L2 Fhenix Completes $15 Million Series A Funding, Led by Hack VC
On June 5, Ethereum L2 Fhenix announced the completion of a $15 million Series A financing, led by Hack VC, with participation from Dao 5, Amber Group, Primitive Ventures, GSR, Collider Ventures and Stake Capital. As of now, the companys total financing has reached $22 million. It is reported that Fhenix announced the launch of its open test network, named Helium (originally planned to be named Renaissance), which allows developers to deploy confidential smart contracts on the Fhenix Layer 2 network.
Web3 network security company GoPlus raises $10 million from investors including OKX Ventures
On June 5, Web3 network security company GoPlus completed a $10 million private placement financing, with participation from OKX Ventures, HashKey Capital, and Animoca Brands.
GoPlus is building a permissionless, modular Web 3 security layer designed to integrate with any blockchain network to help architects improve user security and protect against cyber threats.
To complement the growth of its security layer, GoPlus also plans to launch a token that will be used primarily to pay gas fees and incentivize developers to use GoPlus services.
On June 6, Mountain Protocol, an issuer of yield-based stablecoins, announced the completion of an $8 million Series A round of financing, led by Multicoin Capital, with participation from Castle Island Ventures, Coinbase Ventures and other investors. Mountain Protocol is the issuer of USDM, a yield-based stablecoin that is “fully backed by U.S. Treasuries.”
On June 5, modular blockchain project Nubit announced on X platform that it had successfully raised $8 million in seed round financing. This round of financing was led by Polychain Capital, and other institutional investors included Nomad Capital, Spartan Group, L2 IV, Big Brain Holdings, GCR, Protagonist, Gate Ventures, Animoca and Mask Network. So far, Nubits total financing amount has reached $12 million.
On June 6, the data-centric blockchain network Glacier Network announced that it had completed $8 million in angel and seed rounds of financing with a valuation of $100 million. ForesightX, UOB Venture Management, Laser Digital, Kucoin Ventures, Signum Capital, Cogitent Ventures, Gate Labs, Candaq Fintech Group, Open Digital Infrastructure Group, Mask Network, Dewhales Captial, DCI Capital, Polkastarter, Founderheads VC, Contribution Capital and Aza ventures participated in the investment.
On June 6, NDUS Interactive, the developer of Suis ecological blockchain game Xociety, announced the completion of a US$7.5 million Series A financing round, led by Hashed and Sui Foundation, with participation from Spartan, Neoclassic, Big Brain Holdings and PUBG game publisher Krafton.
Hypersonic Laboratories Completes $7 Million Series A Funding, Led by Play Ventures
On June 3, Hypersonic Laboratories, the company behind the metaverse platform HELIX, announced the completion of a $7 million Series A financing round led by Play Ventures, with participation from AppWorks, WTIC, KB Investment and Alex Ekvall. The new funds will be used for the further تطوير of Helix. It is reported that Helix will launch a closed alpha test version later this year, aimed at promoting the creation of role-playing game modules and servers.
Cookie 3 Completes $5.5 Million in Funding and Will Launch COOKIE Token on June 13
On June 5, according to official news, MarketingFi and AI data layer Cookie 3 announced the completion of US$5.5 million in financing, including US$3.3 million in seed and strategic rounds.
Cookie 3 raised $500,000 in seed and $2.8 million in strategic rounds, with investors in the seed round of COOKIE tokens including The Spartan Group, Baboon VC, GSR, Hartmann Capital and Poolside. Its $2.5 million strategic round was led by Animoca Brands, with other strategic investors including Mapleblock Capital, Castrum Capital, Founderheads, Unreal Capital, Oddiyana Ventures, ChainGPT Labs, SkyVision Capital (SVC), New Tribe Capital, Undefined Capital and Kangaroo Capital.
In addition, COOKIE token is the Cookie ecosystem governance and utility token, which will be launched at 18:00 on June 13th, Beijing time.
Milady Meme Coin (LADYS) Receives $5 Million Investment from DWF Labs
On June 3, Milady Meme Coin (LADYS) announced that it had received a $5 million investment from DWF Labs. The new funds will be used to promote innovation.
Officials said that this collaboration is expected to open up new avenues for development, collaboration and community participation in the LADYS and Meme ecosystems.
On June 3, blockchain interoperability platform Connext announced that it was undergoing a strategic transformation and rebranding to Everclear, while also completing a $5 million financing by selling NEXT tokens to Pantera Capital.
On June 4, artificial intelligence and blockchain solutions provider Play AI announced the completion of its first round of financing of US$4.3 million, with participation from P2 Ventures, Jump Crypto, Alphage Ventures and MH Ventures. The investment aims to promote the application of artificial intelligence and blockchain in games and virtual reality. The new funds will be used to develop its AI decentralized technology, while using the blockchain decentralized network to improve transparency and encourage gamers to share data to train AI models.
NFT platform Stashh Labs completes $3.3 million in financing, Shima Capital and others participate
On June 4, NFT platform Stashh Labs announced the completion of a $3.3 million round of financing, with investors such as Animoca, 6th Man Ventures and Shima Capital participating. Stashh Labs will use these funds to further build an NFT platform for creators and collectors in various decentralized ecosystems, and will support the development of Stashh 2.0, expand support for more blockchain ecosystems, attract more creators, and launch more messaging, games and other social features on its platform.
On June 8, Web3 social application Halo announced on the X platform that it had completed a $3 million seed round of financing, with participation from IDG Capital, HashKey Capital, Kucoin Ventures, Cyberport, and other Web3 angel investors. According to its official statement, it will cooperate with more outstanding Web3 projects in the future to build an open, fair, and prosperous SocialFi ecosystem to realize UBI, and plans to announce more information about public sales, TGE, certification badges, etc.
Web3 sports game project Bitball receives $2 million in seed round funding from Bitfun Capital
On June 9, it was reported that the Web3 sports game project Bitball recently received a $2 million seed round of strategic financing from Bitfun Capital. After the financing, Bitball will further carry out market construction and technology development, and obtain a series of resource support from Bitfun Capital.
Digital coupon platform Mezzofy completes $2 million Pre-A round of financing, led by Isola Capital
On June 5, Hong Kong digital coupon platform Mezzofy announced the completion of a US$2 million Pre-A round of financing, led by IPVF VII, a fund under Isola Capital, and participated by Ooosh Tech Lab and the Hong Kong government-backed Innovation and Technology Ventures Fund (ITVF). The company said it will use the funds to support its accelerated launch of Web3 products and plans to use big data, artificial intelligence and blockchain technology to make each digital coupon serialized and traceable.
AI and blockchain B2B payment solution SmartLoC completes 1.8 million euros financing, led by HTGF
On June 6, SmartLoC, a B2B payment solution based on blockchain and AI, announced the completion of a 1.8 million euro financing, led by High-Tech Gründerfonds (HTGF), with participation from Loggerhead Ventures, MBG Mittelständische Beteiligungsgesellschaft Schleswig-Holstein mbH and several angel investors. SmartLoC focuses on using technologies such as the Internet of Things, blockchain and artificial intelligence to optimize the way companies conduct financial transactions around the world, and the new funds will accelerate its go-to-market strategy.
On June 7, Layer 1 blockchain platform Datalayer announced the completion of a $500,000 Pre-Seed round of financing, led by GBV Capital and NxGen, with participation from X21 Digital, CSP DAO, Connectico, etc. Datalayer is a new Layer 1 blockchain and smart contract protocol that introduces local chains (lightweight, user-owned parallel chains) to provide users with dedicated block space.
Skyland Ventures Announces Investment in Bitcoin L2 Network Bitlayer
On June 5, Japanese venture capital firm Skyland Ventures announced its investment in Bitcoin’s native L2 network Bitlayer.
DeFi protocol Folks Finance receives strategic investment from Danu Ventures
On June 8, the DeFi protocol Folks Finance announced that it had received a strategic investment from Danu Ventures. The specific amount has not been disclosed. The new financing will be used to accelerate its cross-chain expansion, supported by Chainlink, Wormhole, and Circle messaging layer technologies.
This article is sourced from the internet: One-week financing express | 23 projects received investment, with a total disclosed financing amount of approximately US$234 million (6.3-6.9)
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