As Bitcoin hits a new high, here are some recent large-scale financing projects that have yet to issue tokens

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Recently, many un-coined projects have successfully raised more than 10 million US dollars, involving tracks such as AI, L2, zk, and DeFi. In this article, Biteye will introduce these 18 projects one by one, including KOL attention, investors, and financing amounts.

1. Azra Games

Raised US$42 million in financing from Pantera Capital, Andreessen Horowitz and others.

A blockchain gaming company that aims to create mainstream collectible and combat role-playing games.

2. Glow

Raised US$30 million in financing from Framework Ventures, USV and others.

Glow is building Proof of Physical Work (PoPW) for carbon credits.

3. Nillion

Raised US$25 million in financing from Hack VC, HashKey Capital and others.

Build a decentralized public network based on zero computing to protect data privacy.

4. Atlas

Raised US$21 million in financing from Haun Ventures, Paradigm and others.

Blockchain for verifiable finance, built for financial applications with reliable transactions and near-zero transaction costs.

5. Ithaca

Raised US$20 million in financing, invested by Paradigm.

The open source L2, which spun off from Paradigm, is developing Odyssey.

6. Bluesky

Raised US$15 million in financing from Blockchain Capital, SevenX Ventures and others.

The AT protocol is being built to give creators the freedom to build independently of the platform.

7. Citrea

Raised US$14 million in financing from Founders Fund, Maven 11 and others.

Every transaction is fully protected by zero-knowledge proofs and verified via BitVM.

8. zkPass

Raised US$12.5 million in financing from Archetype, Breyer Capital and others.

A private data protocol leveraging 3P-TLS and hybrid ZK techniques.

9. Opacity Network

Raised US$12 million in financing from Archetype, Breyer Capital and others.

Zero-knowledge proof protocol enables trustless information sharing and verification in minutes.

10. Solv Protocol

Raised US$11 million in financing from Blockchain Capital, OKX Ventures and others.

A decentralized Bitcoin staking protocol.

11. Delta

Raised US$11 million in financing from Variant Fund, Maven 11 and others.

A network with shared state.

12. Sapien

Raised US$10.5 million in financing from Variant Fund, Primitive Ventures and others.

A scalable data labeling solution designed to advance AI language learning models.

13. Variational

Raised US$10.3 million in financing from Bain Capital Crypto, Peak XV Partners and others.

MỘT mật mãcurrency derivatives giao dịch protocol based on Arbitrum.

14. vlayer

Raised US$10 million in financing from Andreessen Horowitz, BlockTower Capital and others.

A trustless, verifiable data infrastructure powered by zero-knowledge proofs.

15. PumpBTC

Raised US$10 million in financing from SevenX Ventures, Mirana Ventures and others.

Babylon鈥檚 Liquid Staking Solution.

16. Validation Cloud

Raised US$10 million in financing, invested by TCG.

A Web3 infrastructure platform that provides elite, high-performance nodes and staking infrastructure.

17. Mento

Raised US$10 million in financing from investors such as HashKey Capital, No Limit Holdings, etc.

A stablecoin and digital asset innovation lab spun out of cLabs (Celo).

18. PiP World

The company raised US$10 million in financing, but the investors were not disclosed.

Web3 gaming and education project, launching a game called Gold Rush on Telegram.

This article is sourced from the internet: As Bitcoin hits a new high, here are some recent large-scale financing projects that have yet to issue tokens

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