Crypto markets stabilise after the USDC scare

Edition #56 - 17 MAR 2023

gaming developments

• ​​​​​​​​​​Brazil-based web3 gaming studio Jungle raised $6M in a seed funding round led by Bitkraft and Framework Ventures, with participation from Delphi Digital, Karatage, Fourth Revolution Capital, Monoceros, 32bit Ventures, Stateless Ventures, Snackclub and Norte Ventures.​​​​​​

• ​​Web3 game Walker World got $0,75M investment from Merit Circle DAO, as part of their collaboration.

metaverses & AI

• Digital fashion firm DressX raised $15M in a Series A funding round led by Greenfield, with participation from Slow Ventures, The Artemis Fund, Red Dao and Warner Music.

• Lego and Epic Games are teaming up to create a new metaverse.

• GPT-4 enables mindblowing things ...

defi

• ​​​​​​​Compliance-focused DEX Mauve raised $15M in a funding round. Coinbase Ventures, Brevan Howard, BlueYard Capital, Balderton, Ethereal Ventures and FinTech Collective are among investors.

• ​​Crypto wallet API Tweed raised $4M in a seed funding round led by Accel, with participation from Communitas Capital Partners and Zero Knowledge Venture.

funding rounds

• Web3 developer tools provider Cubist raised $7M in a seed funding round led by Polychain Capital, with participation from Dao5, Polygon, Axelar, Amplify Partners and Blizzard.

• ​​Proof of solvency startup Proven raised $15.8M in a seed funding round led by Framework Ventures.

• ​​Crypto infrastructure provider Orbs got $10M investment from DWF Labs in token round.

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