Edition #110 - 13 JUL 2024
The world's top VCs are betting on Crypto x AI.
gaming developments
New developments in GameFi: Play-to-Airdrop and prediction markets.
Web3 gaming platform Xoob raised $1.6M in a Pre-seed funding round led by Chromia, with participation from My Neighbor Alice, Mines of Dalarnia.
Game developer behind 1v1 dueling game Duel Arena Cambria raised $2.5M in a Seed funding round led by BITKRAFT Ventures, 1kx, with participation from Hype.eth, Tom Shaughnessy, Bharat Krymo.
P2E DeFi MMORPG Swords & Dungeons raised $5M in a funding round from Mirana Ventures, Qiming Venture Partners, OKX Ventures, Y2Z Ventures, Matrix Partners, Folius Ventures, Mask Network, SNZ Holding, ArkStream Capital, Sky9 Capital, Primal Capital, Bas1s Ventures, Polemos, Welight Capital.
metaverses & AI
Modular AI for DeFi ThirdFi raised $2M in a funding round from Alphabit, TechStars, Outlier Ventures, Chainlink.
AI compute provider VALDI has been acquired by Storj.
Decentralized Web3 identity layer idOS raised $4.5M in a funding round led by Fabric Ventures, with participation from Arbitrum Foundation, Circle Ventures, Ripple, Near Foundation, Gnosis DAO, Tezos Foundation, Aleph Zero, Radix.
Decentralized AI agentic workflow network Questflow raised $1.5M in a Angel funding round led by MiraclePlus, with participation from PAKA.
defi
Blockchain DeFi search engine Dora raised $5.5M in a funding round led by Dragonfly Capital, Lemniscap, with participation from Robot Ventures, Ethereal Ventures, Maven 11 Capital, Anagram, Galileo, Alchemy Ventures, gmjp (good morning japan), Dialectic, Marin Digital Ventures, Tarun Chitra, Zaki Manian, Layne Haber, Eden Au, Scott Sunarto, Gavin Birch.
Yield automation protocol Idle raised $2.4M in a Strategic funding round led by RockawayX, with participation from Quantstamp, Fasanara Capital, gumi Cryptos Capital (gCC), ConsenSys, THE LAO, Dialectic, BlockRock Capital, GreenField One, LongHash Ventures, Jack Herrick, Josh Hannah, Qiao Wang, Imran Khan.
DeFi liquidity infrastructure Sumer.Money raised $2M in a Strategic funding round from Pantera Capital, Ant Capital (a&t), Sanctor Capital, Blockwall, ROK Capital, Waterdrip Capital, Kernel Ventures, AngelDAO, Sandeep Nailwal.
funding rounds
Great analysis by Galaxy on Crypto VC market.
Term Finance raised $5.5M in a Strategic funding round led by Electric Capital, with participation from Maelstrom, Ava Labs, Blizzard, Inception Capital (ex OP Crypto), Delta Blockchain Fund, Danish Chaudhry, Steve Lee, DeFiDad.
Blockchain startup Rome Protocol raised $9M in a funding round led by Hack VC, with participation from P2 Ventures (Polygon Ventures), Hashkey Capital, Portal Ventures, Bankless Ventures, Robot Ventures, LBANK Labs, Anagram, TRGC, MH Ventures, Perridon Ventures, Anatoly Yakovenko, Nick White, Santiago R. Santos, Comfy Capital, Austin Federa, Jason Yanowitz.
Web3 identity startup Carv raised $35M in a nodes sale.
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