- Mythical Games raised the most money at $37 million
- 1 project did not disclose the amount of investment
- The most active fund this week
- All participated in the 1st round of funding
We bring you the latest weekly selection of 14 projects that received funding last week from various investment funds. Here are details about each of these projects.
– The Shutter Network project, aimed at preventing malicious MEVs in Ethereum, has raised $2.36 million in investment. FishDAO, Gnosis, JDAC Capital, OKX Ventures, Alphemy Capital, coinIX, Equilibrium.co, Own Fund. The new capital will help the startup boost product development and expand community engagement initiatives.
– The PWN peer-to-peer lending center, which offers the use of digital currency as collateral, announced the closing of a $2 million funding round.. Инвесторами стали: DFG Capital, Safe Ecosystem Foundation, Dialectic Capital, StarkWare, Jsquare, Nethermind, Next Web Capital, Patricio Worthalte. The funds will support the company’s mission to decentralize mortgage financing for digital assets and launch a community-managed PWN DAO. The startup’s ultimate goal is to create an open and transparent financial system that is accessible to all.
– AvatarLife, a metaworld platform that creates casual games, received $1.5 million in a seed funding round led by Info Edge Ventures. The company plans to devote capital to supporting product research and development, building community and expanding its global team. The platform offers single-player, multiplayer games in its virtual world, and allows other creators to develop and use games on its platform.
– Next-generation game technology studio, Mythical Games, was able to raise $37 million in investment in the first part of an expanded round of funding for the C series.. The lead investor was Scytale Digital, with participation of well-known funds such as ARK Invest, Andreessen Horowitz, Animoca Brands, WestCap, Struck Capital, Gaingels, MoonPay. The company’s priority for 2023 is business optimization and profit generation. The funds will be used primarily to achieve that goal, through platform upgrades, infrastructure development and improvements, and the development and launch of new games that are already in development.
– Avalanche-backed game studio Web3 Pixion Games is closing an initial round of $5.5 million in funding.. Several prominent investors participated, including the Blizzard Fund Avalanche Foundation, investment firm Shima Capital, gaming decentralized autonomous organization ReadyPlayerDAO, and others. Pixion intends to invest in Fableborne, a role-playing game developed by the studio that is based on decentralized assets that allow players to interact with network assets built on the Avalanche network.
– Polygon Fund is making a strategic investment in the open-world startup game Delysium, which is run by AI. The amount of funding was not disclosed. The company is using the funds to take another step toward realizing its vision of “redefining the way we live in the virtual world.”
– Blockchain-based government bond fund Superstate raises $4 million investment. Seed round funding investors included ParaFi Capital, 1kx, Distributed Global, CoinFund, Cumberland. The fund will buy short-term government debt and allow users to track that debt as a token on different blockchains, starting with Ethereum.
– Singapore-based Startale Labs has received a $3.5 million investment from Sony Network Communications, a Japanese giant that provides Internet services. The companies are already collaborating and jointly running incubation programs to help develop Web3.
– One Trading raised €30 million in a Series A funding round.. Peter Thiel’s Valar Ventures led the raise, with participation from MiddleGame Ventures, Speedinvest, Keyrock and Wintermute Ventures. The company aims to operate as a MiFID trading platform.
– Project Hook Protocol has raised $3 million in investment led by Collab + Currency and Lattice with support from Slow, Sfermion, Maven11, Contrary and private investors including gmoney, jdh, Salvino D’Armati, Flamingo DAO, Neon DAO and The LAO. The new funding is being used to build NFT’s own options protocol.
– Greenfield is investing $2.5 million in the Brahma protocol as part of an expanded seed round of funding. The investment raised is being used to develop the ecosystem.
– Outdid, which creates identity verification solutions, received $2.5 million in funding.. The seed round was led by Jump Crypto fund supported by Superscrypt, with more than 15 private investors participating. Outdid uses funding for product and business development. The company’s solution has also been promoted by recognized key industry players, such as identity management platform Auth0.
– The fully encrypted Mind Network announced the successful completion of an initial fundraising round that raised $2.5 million.. Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Mandala Capital and other private investors participated in the funding round. This funding will allow the company to develop breakthrough technology and accelerate the platform’s adoption across industries, ensuring data privacy and ownership for users around the world.
– The DeFi AlloyX protocol has launched an asset vault after receiving $2 million in pre-funding, led by Hack VC. According to the statement, the round also included investments from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures, MH Ventures, very Early Ventures, Archblock, dao5 and Credix Finance.
The top 20 funds by number of investments from June 26-30:
Private funding rounds by category:
There were 14 rounds over the week. Which category invested the most:
DeFi – 5;
GameFi – 4;
Blockchain service – 2;
CeFi – 1;
NFT – 1;
Social – 1.