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Seven projects attracted $25.2 million in investment last week

In this article:

1.Projects that have raised funds

2.Top 20 funds by number of investments

3.Conclusion

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In the last week, 7 projects successfully went through funding rounds and raised $25 million from various investment funds.</nbsp;

In this piece, we’ll talk about the cryptocompanies and startups that received investments, as well as look at the most active funds and areas.

Projects, that have raised funds

Companies and startups continue to attract the attention of investment funds
The main categories where capital has been invested are as follows:

  • Blockchain service – 5;
  • Blockchain infrastructure – 1;
  • Social – 1.

Startup Ola

Ola is a privacy-focused project. The team is experimenting with a hybrid zero knowledge rollup called “ZK-ZKVM,” which aims to offer optional privacy in the crypto industry.. The beta test network is scheduled to launch in the third quarter, public by the end of 2023.

The startup has closed a $3 million seed funding round. The round was co-led by Web3.com Ventures and Foresight Ventures, with additional participation from Token Metrics Ventures, LD Capital and Catcher VC.

Bequest Finance

Bequest is a project that intends to allow the trust and estate industry to embrace all digital assets. This market expansion could bring tens of billions of dollars a year to the industry, which plays a critical role in financial planning.

The team received $2.75 million in funding. The funding round was led by Nyca Partners, with support from private investor Mark Cuban.

Web3Go

Web3Go is a project that introduces an innovative set of tools for digital assets, it combines AI and real-time data infrastructure. The company offers cutting-edge solutions and creates digital assets based on artificial intelligence.

The team announced the closing of a $4 million seed round of funding. The investment was led by Binance Labs with support from HashKey Capital, NGC Ventures, Shima Capital, Infinity Ventures Crypto, Big Brain Holdings, Archerman Capital, Lingfeng Capital.

SuperSight

SuperSight is an innovative solution that bridges the gap in access to information about cryptocurrencies. The product provides easy access to a wealth of information from a variety of sources, including Discord, Telegram, Twitter, Mirror, podcast transcripts and more.

The project has closed a $1 million pre-seed round of funding. Investors include Blockchain Founders Fund, Animoca Brands, Druid Ventures, Emurgo, Next Gen Web 3, Vayner Fund.

Aspecta

Aspecta ID is an AI-generated identity system including personal web pages, account-linked tokens and digital twins in the meta universe.

Aspecta received $1 million in strategic funding from Spartan Group. The investment will be used to improve the core Aspecta ID application and globally expand the developer ecosystem infrastructure.

CryptoQuant

CryptoQuant is a platform that provides access to a wide range of data and analytics about cryptocurrencies. It collects and analyzes information from various sources, including exchanges, blockchain networks and wallets, to provide users with useful insights and statistics.

The project has raised $6.5 million in investment from Atinum Investment. The Series A financing round increased the company’s total capital to $9 million. The firm said it plans to use the proceeds to recruit for both its South Korean and international operations.

Bluesky

BlueSky is a project that seeks to replace Twitter and create a new decentralized social media platform. BlueSky’s main goal is to ensure freedom of expression and protection of user data.

The team announced it has raised an additional $8 million in investment. Bluesky’s seed round was led by Neo, with support from Protocol Labs and private investors like Bob Young, Amjad Masad, Jeromy Johnson. Funds will be used to extend the Bluesky team, manage operations and infrastructure costs, and extend the AT protocol on which the Bluesky application runs.

Top 20 funds by number of investments from July 3-7

Number of private rounds of funding categories:

Closure

For the past week, investment funds actively invested in various projects, totaling $25.2 million. It can be seen that investors’ attention is attracted by projects from different areas, this demonstrates the vitality and diversity of the cryptocurrency market.

Main points

  • The project Bluesky managed to attract the most funds – $8 million.
  • 1 project did not disclose the amount of investment.
  • The most active fund this week was not.
  • All participated in 1 round of funding.

Continue to follow Incrypted news and stay informed on the latest trends and investment opportunities.

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