This week's venture capital update saw more than $253 million flow into the crypto startup world, but the bulk of that money went to blockchain network Celestia Foundation.
Crypto.news scoured social media to obtain the latest data. virtual currency donation More than a dozen companies were found to have raised capital between September 22nd and September 28th. They are:
Celestia Foundation, $100 million
The Liechtenstein-based nonprofit known for building Celestia (TIA) has raised $100 million from a leading crypto-focused venture capital firm led by Bain Capital Crypto.
Infinex, $65.29 million
Decentralized exchange Infinex has secured $65.29 million through the sale of non-fungible tokens (NFTs). Framework Ventures, Solana Ventures, Wintermute, Eden Block, Moonrock Capital, and Bankless VC each participated in the effort.
Pencils Protocol, $30 million
Pencils Protocol, an auction platform and Scroll yield aggregator, has raised an additional $30 million. DePIN X, Taisu Ventures, Black GM Capital and Bing Ventures are its strategic investors.
Initia, $14 million
Initia received $14 million in Series A funding. Theory VC's Tomasz Tunguz and Spencer Farrar led the effort. Delphi Ventures and Hack VC will also be participating.
Mawari Network, $10.8 million
T.K.
Mind Network, $10 million
Mind Network has raised $10 million in a pre-A funding round. Investors in the initiative include Animoca Brands, Arkstream Capital, Cogient VC, MH Ventures, Moonhill Capital, SwissBorg, IBC Group, Master VC, and others.
Dark Bright, $6 million
Bitkraft Ventures led an oversubscribed $6 million seed round for Darkbright, the Web3 studio behind the Smolbound role-playing game.
daytime, $6 million
Union Square Ventures and 1kx Network co-led a $6 million seed funding round in cryptocurrency platform Daylight. The startup is known for its transaction recommendation API.
Gunzilla Games, $6 million
Delphi Ventures invests in Gunzilla Games, making it the company's largest gaming investment to date. Gunzilla's GUNZ blockchain is a key component of the studio's upcoming Web3 game Off The Grid.
Aminochain, $5 million
AminoChain, a decentralized biobank and layer 2 network, has remained relatively quiet over the past two years. That is, until a16z crypto led the startup's $5 million seed funding round. This brings total funding to $7 million. This deal marks a16z's first investment in DeSci (Decentralized Science).
funding round
- Eigenpai: Restaking SubDAO, designed to maximize the earning potential of liquidity staking token holders, has raised $4 million.
- mesh map: The open and decentralized platform received $4 million from a16z, Colosseum, Lattice, Escape Velocity, GSR and other institutions.
- meridian: ParaFi Capital, Borderless Capital, Amber Group, Saison Capital, Interop Ventures, and Oak Grove Ventures pooled $4 million into a Hong Kong-based decentralized liquidity market.
- helix lab: The startup has raised $2 million in pre-seed funding round from Tribe Capital, EMURGO Ventures, Taureon Capital, LD Capital, and Double Peak Group. Its valuation hovers around $40 million.
- earth fast: Nascent led a $1.4 million pre-seed funding round. The general partnership was joined by Kain Warwick, Roneil Rumburg and Bodhi Ventures.
Click here for last week's column.
