PraxisandBlockstreamgrabbedheadlinesthisweek,eachwithsix-figurefundraisingrounds,perthelatestdata.
CryptoVCfundinghasseenanoticeablespikeoverthelastsevendayscomparedtolastweek,whenIthacaledthepackwitha$20millionraise.However,thisweek,asBitcoin(BTC)reclaimedthe$68,000level,crypto.newsanalyzedandcollecteddatafromdatafromOct.13toOct.19.
Herearethefirmsthattoppedthelist,accordingtoCryptoFundraising.
Youmightalsolike:BitcoinETFssurpass$2.1bweeklyinflows,whaleaccumulationmirrors2020rally
Praxis,$525million
Praxisisthefirstnetworkstate,whichisbuildinganonlinecommunityofpeoplewithsimilarnationalconsciousness.
Thefirmleadstheweek’scryptoVCfundingwith$525millionraised.
TheprimaryinvestorsinthefundraisingincludeGemDigital,Arch,Manifold,etc.
Adastra.https://t.co/rxFtQTMy9t
—𝔭𝔯𝔞𝔵𝔦𝔰(@praxisnation)October15,2024
Blockstream,$210million
Blockstreamisbuildingacrypto-financialinfrastructurebasedonBitcoin.
Thecompanyhasraised$210millionfromleadinvestorFulgurVentures.
Blockstream’scryptoVCfundingstandsat$621millionintotal.
Blockstreamhascloseda$210Mconvertiblenotefinancingroundledby@FulgurVentures,drivingourmissiontobringBitcoinintoglobalfinance.
Thiscapitalaccelerateslayer-2development,expandsminingaheadofthenextBitcoincycle,andgrowsoneoftheworld’slargest…pic.twitter.com/gi1ov0LCYU
—Blockstream(@Blockstream)October15,2024
AzraGames,$42.7million
AzraGamesisagamingstudiothatfocusesoncreatingimmersive-roleplayinggames.
InaSeriesAledbyPantera,thecompanyraised$42.7million.
Extraordinarygamesattractextraordinaryinvestments.
We\'rethrilledtoannounceour$42.7mseriesAledby@PanteraCapital,withparticipationfrom@a16zcrypto,@a16zGames,[email protected]://t.co/4Dou0fK8Un@FranklinBi@AriannaSimpson@Tocelot@[email protected]/Dq6DnSVUD0
—AzraGames(@AzraGames)October15,2024
YellowCardFinancial,$33million
YellowCardFinancialisapan-Africancryptoexchange.
Theexchangeraised$33millioninaSeriesCledbyBlockchainCapital.
YellowCardFinancialhasraisedatotalof$89.5millionsofar.
BignewsatYellowCard!🎉
We’veraisedUS$33MinourSeriesCfunding,ledby@blockchaincap,bringingourtotalequityto$85M!Thisgame-changinginvestmentfuelsourgrowthacrossAfrica,enhancingourAPIandWidgetproductsforseamlessinternationalpayments.pic.twitter.com/w42CSo23aG
—YellowCardApp(@yellowcard_app)October16,2024
Towns,$25.5million
Townsisaweb3groupchatprotocolthatallowscommunitiestobuildblockchain-basedgatherings.
Thefirmhasraised$25.5millioninaSeriesAbya16zCrypto,BenchmarkandFramework.
\"Townsraised$25.5millionfromAndreessenHorowitz–Theon-chainmessagingplatformlaunchestoday\"@FortuneMagazine👏https://t.co/USd7S8i3Nw
—Towns(@townsxyz)October15,2024
Bitnomial,$25million
BitnomialisacryptoexchangebasedintheU.S.thatoffersfuturesandoptionstradingforcryptocurrencies.
Theexchangeraised$25millionfromRippleviaaSeriesCfundinground.
Bitnomialhasraised$36.6millionsofar.
BitnomialisannouncingtheupcominglaunchofperpetualfuturesonourCFTC-regulatedBitnomialExchange.Aspartofthat,wewillbelaunching@Botanical,aplatformforallinvestorstotradeperpetualfutures,traditionalfutures,andoptions.
Readmorehere:…pic.twitter.com/oagZNhIAxh
—Bitnomial(@Bitnomial)October15,2024
ZkPass,$12.5million
Theidentityverificationsolutionhasraised$12.5millioninaSeriesAround,witharoundvaluationof$100million.
ZkPasshasraised$15milliontilldate.
We’rethrilledtoannouncethatzkPasshassuccessfullysecured$12.5MinaSeriesAfundinground!Thisbringsourtotalfundingto$15MandwillacceleratezkTLSdevelopmentacrossWeb3ecosystems.
Shippingmattersmorethanstorytelling.
🧵1/10pic.twitter.com/RHeYeyxJIx
—zkPass(@zkPass)October17,2024
OpacityNetwork,$12million
OpacityNetworkisazero-knowledgeproofprotocolthataidsinenablingverificationwithoutdisclosinganydetails.
Thefirmhasraised$12millioninaseedfundinground.
1/Thehypeisreal.
Opacityhasraised$12Mledby@archetypevcand@BreyerCap,withsupportfrom@a16zcryptoCSX,@FinalityCap,@bodhi_ventures,@NorthIslandVC,@EV3ventures,@ambushcapitaland@GD1_VC.pic.twitter.com/4R1v2VEoh4
—OpacityNetwork(@OpacityNetwork)October15,2024
SolvProtocol,$11million
SolvProtocolprovidesinvestorswithaccesstocryptoinvestmentsviaatrustlessfundinfrastructure.
Thecompanyraised$11millioninastrategicroundwitharoundvaluationof$200million.
Announcing$25MintotalfundraisingtopavethewayformassadoptionofBitcoinstaking,poweredbyourrecentlylaunchedStakingAbstractionLayer(SAL).
🧵👇pic.twitter.com/OOooj6g7Cr
—SolvProtocol(@SolvProtocol)October14,2024
MentoLabs,$10million
MentoLabsisaplatformthatcreatesandoperatesmulti-currencystableassets.
Thefirmhasraised$10milliononOct.16.
📣@MentoLabsproudlyannouncesa$10Mraise!🎉
Amidgrowthandmilestones,we\'reunveilingastablecoinroadmaptointroducenewdecentralizedlocalcurrencystablecoinsacrossAfrica,Asia,andLatinAmerica.pic.twitter.com/CvMGLeMseA
—MentoLabs(@MentoLabs)October16,2024
CryptoVCfundingrounds<$10million
Predicate:Thedecentralizednetworkraised$7million.
ZeroBase:TheZKproofgenerationplatformraised$5millionfrominvestorslikeBinanceLabs,LightspeedAction,etc.
DropProtocol:DropProtocolraised$4millioninaseedfundinground.
Plasma:Thezero-feepaymentplatformraised$3.5million.
PellNetwork:PellNetworkraised$3millioninapre-seedround.
Blockcast:Thecontentdeliverynetworkraised$2.85millioninaseedfundinground.
TheArena:TheArenaraised$2millioninapre-seedround.
HyveDA:Thedataavailabilitynetworkraised$1.85millioninapre-seedround.
Surge:Surgeraised$1.8millioninapre-seedroundfrominvestorslikeGerstenbrotCapital,CoinGecko,etc.
Hermetica:TheDeFiplatformraised$1.7millioninaseedround.
Lombard:Lombardraised$1millionfromBinanceLabs.
WorldofDypians,CCData,BracketLabsandMarketnoderaisedundisclosedamountsthisweek.
crypto.news