One-week financing express | 26 projects received investment, with a total disclosed financing amount of approximately US$122 million (7.1-7.7)
According to incomplete statistics from Odaily Planet Daily, there were 26 blockchain financing events announced at home and abroad from July 1 to July 7, an increase from last weeks data (20). The total amount of disclosed financing was approximately US$122 million, a significant decrease from last weeks data (US$288 million).
Last week, the project that received the most investment was the Bitcoin restaking protocol Lombard ($16 million); followed by the distributed GPU network Prodia ($15 million).
The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and MA events; 3. * indicates a traditional company whose business involves blockchain):
Bitcoin re-staking protocol Lombard completes $16 million seed round of financing, led by Polychain Capital
On July 2, Bitcoin re-staking protocol Lombard completed a $16 million seed round of financing, led by Polychain Capital, with participation from BabylonChain, Inc., dao 5, Franklin Templeton, Foresight Ventures, Mirana Ventures, Mantle EcoFund and Nomad Capital.
Lombard will use the funds to develop the Bitcoin re-staking ecosystem and promote the subsequent development of the Bitcoin staking protocol Babylon.
Distributed GPU network Prodia completes $15 million financing, led by Dragonfly Capital
On July 2, Prodia, a distributed GPU network for AI reasoning solutions, raised $15 million led by Dragonfly Capital, with participation from HashKey, Web3.com, Index Ventures, Symbolic Capital, OKX Ventures, and angel investors Balaji Srinivasan, Sandeep Nailwal (founder of Polygon), and Matthew Roszak (co-founder of Bloq).
Blockchain oracle service RedStone completes $15 million Series A financing, led by Arrington Capital
On July 2, blockchain oracle service RedStone completed a $15 million Series A financing round, led by Arrington Capital, with participation from Kraken Ventures, SevenX Ventures, White Star Capital, Spartan Group, Amber Group and IOSG Ventures, as well as angel investors including Smokey the Bera and Homme Bera of Berachain, Mike Silagadze, Jozef Vogel and Rok Kopp of Ether.Fi, and Amir Forouzani, Jason Vranek and Christina Chen of Puffer Finance.
ZK technology verification company Pi Squared completes $12.5 million seed round of financing, led by Polychain Capital
On July 2, ZK technology verification company Pi Squared completed a $12.5 million seed round of financing, led by Polychain Capital, with participation from ABCDE, Bloccelerate, Generative Ventures, Robot Ventures and Samsung Next, as well as angel investors including Justin Drake of the Ethereum Foundation and Sreeram Kanaan, founder of EigenLayer. The new round of financing will be used to expand the products the company plans to launch.
Shared sorter network Astria completes $12.5 million financing, led by dba and Placeholder VC
On July 1, the shared sorter network Astria announced the completion of a $12.5 million financing round, led by dba and Placeholder VC, with participation from RockawayX, Maven 11, 1kx, Bankless Ventures, Figment Capital and Batu, as well as angel investors such as Yuki, DCBuilder, Hasu, Will Price and Jason Yanowitz. The new funds will be used to continue building the Astria sorting layer and Astria Stack.
Blockchain data management company SendBlocks completes $8.2 million seed round of financing, led by Castle Island Ventures
On July 2, blockchain data management startup SendBlocks announced the completion of a $8.2 million seed round of financing, led by Castle Island Ventures, with participation from Pitango, Illuminate Financial, Laser Digital (Nomura), and Starkware. SendBlocks allows blockchain enterprises, ecosystems, protocols, and applications to define the data that is important to them, and its platform supports customization.
Blockchain company OpenLedger completes $8 million seed round of financing, led by Polychain Capital and Borderless Capital
On July 2, blockchain company OpenLedger announced the completion of an $8 million seed round of financing, led by Polychain Capital and Borderless Capital, with participation from HashKey Capital, Finality Capital, Hash 3, STIX, MH Ventures, Sreeram Kannan of EigenLayer, Sandeep Nailwal of Polygon, Kenny Li of Manta and others.
ZK-native protocol QED completes $6 million financing, led by Blockchain Capital
On July 3, according to official news, the ZK-native protocol QED announced the completion of a new round of US$6 million in financing, led by Blockchain Capital. This round of financing will further promote QED to use its new technology to provide better performance for smart contracts, Layer 2 and various Web3 applications.
Web3 fantasy-like turn-based MMO Swords Dungeons completes $5 million in financing, with Mirana, OKX Ventures and others participating
On July 4, Web3 multi-chain MMORPG Swords Dungeons announced the completion of a US$5 million financing round. This round of financing was jointly invested by Mirana Ventures, Qiming Venture Partners, OKX Ventures, Y2Z Ventures, Matrix Partners, Folius Ventures, Mask Network, SNZ Capital, Arkstream Capital, Yunjiu Capital, Primal Capital, Welight Capital and Bas1s Ventures and other well-known investment institutions.
Web3 security company Mamori completes $5 million seed round of financing, led by Blockchain Capital
On July 1, Web3 security company Mamori announced the completion of a $5 million seed round of financing led by Blockchain Capital. Mamori is committed to enhancing Web3 security by developing an algorithm that can detect problems in blockchain software.
Blockchain fintech company FreeBnk completes $3 million in financing, led by Founderheads
On July 5, Lithuanian blockchain fintech company FreeBnk announced that it had completed a $3 million financing round, led by Founderheads, with participation from ChaiTech Ventures, LVT Capital, Lavender Capital and others.
Solana-based GPU tokenization protocol Compute Labs completes $3 million Pre-Seed round of financing, led by Protocol Labs
On July 4, Compute Labs, a GPU tokenization protocol based on Solana, completed a $3 million Pre-Seed round of financing with a valuation of $30 million. Protocol Labs led the investment, and Blockchain Coinvestors, OKX Ventures, ArkStream Capital, CMS Holdings, HashKey Capital, Amber Group and P2 Ventures (formerly Polygon Ventures) participated.
Cambria, a blockchain game developer, completes $2.5 million seed round led by BITKRAFT Ventures
On July 3, according to official news, blockchain game Cambria announced the completion of a $2.5 million seed round of financing, led by BITKRAFT Ventures, with participation from angel investors such as 1kx and Delphi Ventures partner Piers Kicks.
Blockchain machine learning platform onaji completes $2.5 million Pre-Seed round of financing, led by Stratos
Onaji, a machine learning platform for smart contract blockchain, announced on July 4 that it had completed a $2.5 million Pre-Seed round of financing, led by Stratos, with participation from Maven 11, Uniswap Labs Ventures, and IOSG Ventures.
On-chain social gaming platform MonkeyBit completes $2 million seed round of financing, led by 3KBTC Capital
On July 2, the on-chain social gaming platform MonkeyBit announced the completion of a $2 million seed round of financing, led by Middle East Web3 Fund 3 KBTC Capital, with participation from Hongyi Labs and other funds.
On-chain reputation network Ethos Network completes $1.75 million Pre-Seed round of financing
On July 3, the on-chain reputation network Ethos Network announced on X that it had completed a $1.75 million Pre-Seed round of financing, which was participated only by the on-chain community. The project is committed to solving the problem of fraud on the Web3 chain.
XOOB completes $1.6 million in financing, with Chromia and others participating
On July 5, XOOB announced the completion of a $1.6 million financing round, with participation from Chromia, Mines of Dalarnia, Alice and others, including a $200,000 Pre-seed round of financing and a $1.4 million incubation financing in the form of IP.
Monad Pad completes $945,000 in financing, with participation from Cogitent Ventures and others
On July 5, Monad ecosystem Monad Pad announced the completion of US$945,000 in financing, with participation from Cogitent Ventures, CMS Holdings, CSPDAO, Zephyrus Capital, vvvdotnet, FOMO Ventures, Exnetwork Capital, Sneaky Ventures, Legion Ventures and others.
Web3 blockchain development project Nycrypto Labs completes $800,000 Pre-Seed round of financing, led by DNA Fund
On July 3, Nycrypto Labs, a blockchain development project dedicated to simplifying the transition from Web2 to Web3, announced the completion of a $800,000 Pre-Seed round of financing, led by DNA Fund, with participation from Transform Ventures and a group of angel investors. The specific valuation data has not been disclosed. The new funds will support the launch of Tidus Wallet, a multi-chain wallet that enables cross-chain lending and staking without leaving the application, in order to reduce the risks associated with bridging (the process of transferring assets between different blockchain networks).
Solana Ecosystem Meme Project Pandiana Completes $500,000 Pre-Seed Round of Financing, with YNK Capital and Others Participating
On July 3, Solana ecosystem Meme project Pandiana announced the completion of a $500,000 Pre-Seed round of financing, with participation from YNK Capital, AlphaEquity Capital, and Gateron Ventures. Pandiana plans to integrate the Meme concept with the concept of earning while playing, while using the new funds to expand the influence of the Solana ecosystem and plans to launch the PNDA token pre-sale this week.
DePIN oracle project Nubila launches a new round of financing, led by IoTeX and others
On July 1, the DePIN oracle project Nubila announced the launch of a new round of financing, led by IoTeX and VeChain + Boston Consulting Group, with participation from OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets.
DePIN project U 2 U Network completes seed round financing, led by IDG Blockchain
On July 1, the decentralized physical infrastructure network (DePIN) project U 2 U Network announced the completion of its seed round of financing, led by IDG Blockchain, with participation from dappOS, Pontem, Lumoz, ZkEX, Avalon, Catalyst and Grindery.
Solana Ecosystem Re-staking Protocol Solayer Completes Builders Round Financing, Solana Labs Co-Founder and Others Participate
On July 2, according to official news, Solana ecosystem re-staking protocol Solayer announced the completion of Builders Round financing. Investors include Solana Labs co-founder Anatoly Yakovenko, Marinade core contributor Michael Repetny, Solend founder Rooter, Tensor co-founder Richard Wu, crypto KOL Ansem, Anza Chief Strategy Officer Jed Halfon, Drift Protocol co-founder Cindy Leow, Bonk core contributor Nom, Babylon Chain Chief Strategy Officer Xinshu Dong, Bison Trail co-founder Joseph Lallouz, Switchboard co-founder Chris Hermantis, Rio Network co-founder Alan Curtis, DCF God, wsbmod, Solana Foundation consultant Adam Jin, Initia co-founder Stan Liu, Blockworks co-founder Michael lppolito, Sershoku, Polygon co-founder Sandeep Nailwal, Apeindaily.
Piggycell, an IoT-based RWA project, completes a new round of financing, with Internet Computer participating
On July 5, Piggycell, an IoT-based RWA project, announced the completion of a new round of financing, with Internet Computer (ICP) participating in the investment. The specific financing amount and valuation information have not been disclosed yet. Piggycell will join the ICP Olympus accelerator program after this round of financing.
UniSat completed its Pre-A round of financing led by Binance in May this year, and the amount has not been disclosed yet
On July 4, UniSat disclosed on the X platform that it had completed its Pre-A round of financing in May this year, led by Binance. The specific amount of financing has not been disclosed yet.
Pac Finance Completes Millions of Dollars in Financing, Manifold and Mapleblock Lead the Investment
On July 2, according to official news, Pac Finance has successfully completed a million-dollar financing, led by Manifold and Mapleblock, with Polychain holding shares and other angel investors participating.
This financing will promote the further development of Pac Finance in market expansion, team growth, project operations and product development. In addition, as TGE approaches, Pac Finance will also soon announce the details of the token airdrop.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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