Edition #58 - 10 APR 2023
Elon Musk replaces Twitter's Blue Bird with 'Doge' meme.
CCP Games has completed $40M funding led by a16z to develop a web3 game.
Great gaming market report by web3 Studios x Polygon Labs x Blockchain Game Alliance.
metaverses & AI
LandVault got an additional $3M in an extended Series B funding round. The company, a large metaverse builder, has attracted such big names as The Sandbox and The Gemini Frontier Fund to take part in the funding round.
AI-Focused Crypto Protocol Fetch AI raised $40M in a funding round from DWF Labs.
Hydra Ventures DAO (Peter Yuan Pan, co-founder) has raised $10M in the funding round, with ConsenSys among the investors. The company is focusing on pooling investment for smaller investment DAOs which want to raise funds on behalf of their loyal communities.
Gryfyn got $7.5M for its custodial wallet product. Plus, its new CEO is Animoca Brands’ executive.
DeFi Hub Nibiru Chain raised $8.5M in a seed funding round led by Tribe Capital, Republic Capital, NGC Ventures and Original Capital, with participation from HashKey Capital, SaxeCap, Beco Capital, Alves Ventures, VC3 DAO, CapitalX, Cerulean, Cogitent, Picks & Shovels, Lecca, Imperator, Helikon, Basis Set, Broadhaven, TokenMetrics, MeteorCap, Acacia Digital, and Cosmostation.
Next-Generation DeFi Platform M^ZERO raised $22.5M in a seed funding round led by Pantera Capital, with participation from Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Earlybird, and Mouro Capital.
Provider of a multi-chain liquidity and data gateway LI.FI raised $17.5M in a Series A funding round led by CoinFund and Superscrypt, with participation from Bloccelerate, L1 Digital, Circle, Factor, Perridon, Theta Capital, Three Point Capital and Abra.
Payments provider based in Singapore Alchemy Pay raised $10M funding from DWF Labs.
Blockchain messaging protocol LayerZero raised $120M in a Series B funding round, raising its valuation to $3B. a16z crypto, Circle Ventures, Sequoia Capital, OpenSea, Samsung Next, Lightspeed, NGC Ventures, Bixin Ventures, Chapter One, GCR, Franklin Templeton and Com2us are among investors.