Monthly Metaverse Fundraising Breakdown for February: Key Insights in Gaming, Ecological Matters, and Communication.
The NFT Gaming Company, Inc.
This month, in February 2023, a total of 60 startups successfully secured $373.2 million in investments.
Investors were particularly interested in 17 diverse fields, including areas like authentication, management, and enterprise solutions.
Gaming, environmental issues, and messaging have emerged as the forefront sectors this February.
This month highlighted gaming, environmental initiatives, and communication as the primary sectors of interest. Thirteen startups in these fields collectively garnered $97 million in investments, featuring several large-scale multiplayer titles.
In gaming, companies managed to accumulate $21 million, while the overall sector in 2022 saw an investment of $53 million. Notably, the gaming industry reached its zenith in August 2022, with 19 startups raising an impressive $466 million. announced Monthly Review of Metaverse Fundraising for February. raised February Metaverse Fundraising Overview. raised An environmental startup, Carbonplace, secured $45 million in funding this month. The environmental sector was also active, with three companies raising $14.3 million during this period.

A massively multiplayer online role-playing NFT game named Worldwide Webb raised $10 million in a Series A funding round spearheaded by Pantera Capital. The influx of capital will be utilized to grow their team, enhance game integration, and forge new partnerships with various brands while preparing to launch a browser-based game, \"Blockbusterz,\" in the near future. raised $20 million has been raised through a seed funding round led by Accel, with additional involvement from Prosus Ventures, Nexus Venture Partners, Courtside Ventures, and Nazara Technologies. This startup also made headlines by acquiring a sub-DAO of another sizable multiplayer title.
The multiplayer game Chainmonsters raised $1.5 million, with plans for a soon-to-be-launched game environment.
$2.9 million was acquired in a seed round driven by Bain Capital Crypto. This round saw backing from TCG Crypto, Robot Ventures, Smrti Lab, Formless Capital, and various angel investors, aimed at advancing blockchain-driven game development. raised NFT platform Collector Crypt

raised
"Despite the incredible innovations we've observed in on-chain gaming, the gameplay experience still lacks significant innovations that set it apart from traditional gaming,\" remarked Yija Chen, co-founder of Curio. Music Industry Trends NFX, Coinbase Ventures, Play Ventures, and Franklin Templeton Investments supported this funding round, which is destined for developing the NFT-centric game, Legions & Legends. Web3 music platform Vault $13.8 million was sourced in a private token sale, with DWF Labs leading the charge. The round included participants like a16z Crypto, Sangha Capital Fund, Galaxy Interactive, Sanctor Capital, and former Google attorney David Lee, with the funds designated for ongoing project development.
raised music into limited-edition NFTs \"This token acquisition reflects our partners' confidence in YGG's mission to empower gamers through innovation,\" shared Gabby Dizon, YGG's co-founder. and offer experiences to their fans. Social Network Industry Trends
A gaming-centric infrastructure company, Nefta, has raised $5 million in a seed funding round led by Play Ventures, with participation from Polygon Ventures, Sfermion, SevenX Ventures, and Picus Capital. Their objective is to expand the workforce and enhance their offerings to meet demand. received $1 million came from a seed funding round spearheaded by Shima Capital, with contributions from Zee Prime Capital, Firex Capital, FOMOCraft Ventures, Starter Capital, and Devmons aimed at developing a blockchain-based multiplayer game dubbed Paradise Tycoon. received .
DAO Industry Trends Stider The startup is gearing up for its $7 million initial public offering, facilitating unique avatar minting across various games.
The decentralized gaming platform, Ajuna, operating within the Polkadot ecosystem, secured $5 million in private funding led by CMCC Global.
Tower Pop, the studio behind Omega Royale, successfully raised $2.1 million from investors such as Play Ventures, Agnitio Capital, and Santiago R. Santos, which will be allocated to game development efforts.
raised Magic Eden industry experts Environment Industry Trends \"We're developing something entirely unique—never before seen in the gaming landscape: a Battle Royale Tower Defense game integrated with blockchain technology,\" the studio claims.
raised Standard Chartered Mino Games, a Web3 mobile gaming studio and publisher, raised $15 million in a funding round led by Standard Crypto. The funding involved other key players like Collab + Currency, Boost VC, Konvoy Ventures, and Earl Grey Capital, fostering a more direct relationship between the gaming community and its developers.
Bibliotheca DAO, which supports the expansive MMO on-chain title Loot Realms, has raised $3,970,473 through a public token sale, promising participants an 84.25% refund on their investments. Privacy Industry Trends
Avalon Corp, a game studio focused on crafting an interoperable metaverse, garnered $13 million from a round led by Bitkraft Ventures, engaging investors like Hashed, Delphi Digital, and Mechanism Capital, alongside notable backers such as Coinbase Ventures and several gaming guilds.
Phi, a fully on-chain immersive social gaming platform, raised $2 million through a seed round led by Chapter One and backed by Delphi Digital and other prominent angel investors, with plans for enhancing user interface and experience while integrating new social and gaming dynamics. Beldex The play-to-own metaverse game Million in Mars managed to secure $3.5 million in a funding round led by Widus Partners and Great South Gate, also seeing participation from Solana Foundation, aimed at enriching its virtual Mars environment with new systems.
received Identity Industry Trends $6.5 million was raised by a company that develops solutions for rapid 3D content delivery for assets optimized for the metaverse, funded by Blockchange Ventures, Decasonic, Abies Ventures, Prima Capital, Outlier Ventures, and Accord Ventures.
Animoca Brands Name service network SPACE ID Lifeform, a platform for creating 3D virtual human avatars, secured $5 million in a Series A funding round driven by Geek Cartel, with backing from additional investors like KuCoin Labs and Foresight Ventures.
NeoSwap AI, an AI-powered NFT trading platform, attracted $2 million in a pre-seed round from Digital Asset Capital Management and AngelHub, with other notable investors contributing as well. raised The NFT lending protocol known as PaprMeme successfully raised $3 million through backing from Coinbase Ventures.
Unagi, a Web3 fantasy sports gaming platform, secured $5 million in startup equity funding led by Sisu Game Ventures, with additional support from various investors including Sfermion, 2B Ventures, UOB Ventures, Signum Capital, and Machame. Enterprise Industry Trends Limited funding was raised in a strategic round headed by Variant. 3RM .
Superplastic, the creator of designer toys, clothing, and NFTs, raised a staggering $20 million in a continuous Series A round led by Amazon Alexa Fund, attracting a range of investors including Google Ventures, Galaxy Digital, Kering, and Sony Japan, among others. The company plans to advance the development of its animated series and films, \"The Janky & Guggimon Show,\" for Amazon.
raised
"As we extend the Alexa Fund to encompass a broader array of consumer technologies—including ambient computing, smart devices, and entertainment of tomorrow—we're extremely pleased to welcome Superplastic to our investment portfolio,\" commented Paul Bernard, the fund's director, in a recent press statement.
Finiliar received $500,000 in a pre-seed round with backing from IDEO CoLab Ventures, Wave Financial, and various angel investors, with intentions to develop software and creative intellectual property for their ecosystem. Consequently, they will employ this funding to create a suite of applications, integrations, and other innovations. Payment Industry Trends Fungify, a non-custodial NFT index and algorithmic lending protocol, raised $6 million in a round led by Citizen X, with participation from Distributed Global, Anagram, Taureon Capital, Infinity Ventures Crypto, Flow Ventures, and various angel investors. The launch is anticipated following the completion of necessary security audits this coming spring or summer.
February Metaverse Fundraising Overview: Insights into Gaming, Sustainability, and Communication Trends - Metaverse Post received During February 2023, we witnessed a considerable interest from angel investors, venture capitalists, and financial institutions in the web3 space, as they collectively infused $373.2 million into 60 different startups. This month has truly highlighted the vibrant dynamics within this sector.
Payment gateway provider FLUUS
February's Metaverse Fundraising Overview: Insights into Gaming, Sustainability, and Communication Strategies received FTC's Attempt to Prevent the Microsoft-Activision Merger Falls Short
Published: March 2, 2023, at 2:25 PM | Updated: March 2, 2023, at 2:26 PM Open-source crypto wallet OneKey To enhance your experience in your local language, we sometimes implement an automatic translation tool. Please keep in mind that automatic translations could lack precision, so we recommend reviewing the original content.
In February 2023, an impressive amount of $373.2 million was allocated to sixty emerging startups. raised Investors cast their nets across 17 categories, with significant focus on authentication, management, and enterprise solutions.
raised raised This month, the standout sectors are gaming, sustainability, and communication.
Blocto
In February 2023, angel investors, venture capital firms, and banks demonstrated a strong interest in the web3 landscape by injecting $373.2 million into 60 different startups. The leading sectors this month include gaming, sustainability, and communication, highlighting significant market engagement. raised During this month, 13 startups in these leading sectors collectively secured $97 million in investments, showcasing notable advancements, especially among multiplayer gaming companies. In the gaming sector, companies attracted $21 million, while overall in 2022, the amount reached $53 million. Notably, the gaming sector peaked in August, pulling in a staggering $466 million across 19 startups.
February Metaverse Fundraising Overview Investment Industry Trends February Metaverse Fundraising Overview: Focused on Gaming, Sustainability, and Communication
A sustainability-focused startup called Carbonplace successfully secured $45 million. The sustainability sector also made its mark this month, with three companies attracting $14.3 million.
Communication-focused startups managed to bring in $43 million from angel investors and venture capital funds. In January, the sector saw two startups collectively raise $8.3 million, while one company obtained $10 million in November. As web3 gains traction, we are likely to witness rising consumer interest as this niche starts to broaden. received Next on the list are nine startups tied to NFTs, raising a total of $41.5 million. Although this figure pales in comparison to the $186.4 million garnered in August, it still underscores the ongoing growth trajectory of the industry, despite recent fluctuations.
Authentification Industry Trends TheRollNumber The massively multiplayer online role-playing game, Worldwide Webb, attracted $10 million in a Series A funding round led by Pantera Capital. The influx of funds will help the team expand, further integrate features, and establish partnerships with various brands. Additionally, the studio plans to release a browser-based game titled “Blockbusterz” in the forthcoming weeks.
$20 million was secured in a seed round led by Accel, with participation from various investors, including Prosus Ventures, Nexus Venture Partners, Courtside Ventures, and Nazara Technologies. An important note is that this startup also acquired a sub-DAO related to its projects. raised Another big player in the MMO space, Chainmonsters, raised $1.5 million. This game is set to launch very soon. Marketing Industry Trends Additionally, a seed round led by Bain Capital Crypto resulted in $2.9 million funding for another company, with backing from TCG Crypto, Robot Ventures, Smrti Lab, Formless Capital, and numerous angel investors. This company will continue its development of blockchain-integrated gaming experiences.
Yija Chen, co-founder of Curio, remarked, “Despite the explosive growth and innovation within the on-chain gaming sector, we haven’t seen many advancements that genuinely set on-chain gameplay apart from traditional gaming experiences.”
Notable investing entities like NFX, Coinbase Ventures, Play Ventures, and Franklin Templeton Investments have joined in on the funding round aimed at the NFT-themed project, Legions & Legends.
Customer loyalty platform Cub3 received YGG raised $13.8 million through a private token sale led by DWF Labs, with participation from a16z Crypto, Sangha Capital Fund, Galaxy Interactive, Sanctor Capital, and former Google corporate attorney David Lee. These funds will help fuel YGG's ongoing projects.
Gabby Dizon, YGG's co-founder, expressed, “The confidence shown by our partners through this token purchase is a strong endorsement of our mission to empower gamers.” reward users A gaming infrastructure startup, Nefta, completed a seed funding round of $5 million led by Play Ventures, with other contributors including Polygon Ventures, Sfermion, SevenX Ventures, and Picus Capital. The funds will be allocated to expanding their team and scaling their services in line with market demand.
in tokens. raised Another startup bagged $1 million in seed funding led by Shima Capital. Additional investors included Zee Prime Capital, Firex Capital, FOMOCraft Ventures, Firex Capital, Starter Capital, and Devmons. These funds will accelerate the development of their blockchain-based multiplayer game called Paradise Tycoon.
incubate
raised Management Industry Trends This startup recently disclosed plans for their $7 million initial public offering, aimed at allowing users to create unique avatars that can be used across various games. raised Data Industry Trends
raised
Ajuna, a decentralized gaming platform situated within the Polkadot ecosystem, raised $5 million through a private financing round led by CMCC Global. raised The game development studio Tower Pop, known for Omega Royale, secured $2.1 million from Play Ventures, Agnitio Capital, and Santiago R. Santos. This funding will propel the development of their upcoming projects.
“We aim to introduce something entirely groundbreaking in gaming: a Battle Royale Tower Defense game integrated with blockchain technology,” a spokesperson from Tower Pop mentioned. Web3 observability platform Sentio Mino Games, a Web3 mobile gaming development studio and publisher, successfully raised $15 million in funding led by Standard Crypto. Other investing entities included Collab + Currency, Boost VC, Konvoy Ventures, and Earl Grey Capital. With this investment, the studio plans to enhance the direct relationship between the community and developers.
received
Superchain Network raised Bibliotheca DAO, which is behind the multiplayer on-chain game Loot Realms, collected $3,970,473 in a public token sale. Participants will reportedly receive an 84.25% refund on their investments, as stated by the Decentralized Autonomous Organization. received Avalon Corp., a game studio that's developing an interoperable metaverse, raised $13 million in a funding round led by Bitkraft Ventures, Hashed, Delphi Digital, and Mechanism Capital. Other investors include Coinbase Ventures, Yield Guild Games, Avocado Guild, Merit Circle, and Morningstar Ventures. raised .
raised
Phi, an on-chain immersive social gaming platform, raised $2 million in a seed round spearheaded by Chapter One and Delphi Digital, with backing from Polygon Ventures, Stani Kulechov, and other notable angel investors. The funds will be directed towards enhancing user interface and experience as well as integrating new social and gaming features. Jump Crypto A play-to-own Martian metaverse game, Million in Mars, received $3.5 million in funding led by Widus Partners and Great South Gate, with the Solana Foundation also participating. The studio intends to use these funds to enrich the gameplay experience with more systems and environments set in their virtual rendition of Mars. , Cogitent, SNZ, and Momentum6. The company secured $6.5 million from various investors, including Blockchange Ventures, Decasonic, Abies Ventures, Prima Capital, Anfield, Outlier Ventures, and Accord Ventures, focusing on solutions that allow rapid delivery of 3D content suitable for the metaverse.
explains the company in a press release.
Messaging Industry Trends raised Lifeform, a platform for creating 3D virtual human avatars, achieved $5 million in Series A funding led by Geek Cartel, with additional backing from KuCoin Labs, Foresight Ventures, DHVC, K24 Ventures, and Another Worlds.
raised
An AI-driven NFT trading startup, NeoSwap AI, collected $2 million in a pre-seed funding round, spearheaded by Digital Asset Capital Management and AngelHub, alongside other investors such as Gossamer Capital, Cavalry Asset Management, Dhuna Ventures, Stacks Ventures, and several angel backers. Web3 communication platform Salsa .
raised raised PaprMeme, an NFT lending protocol, raised $3 million from Coinbase Ventures, marking a significant move in the digital asset lending space.
Security Industry Trends
raised raised The Web3 fantasy sports platform, Unagi, secured $5 million in an equity-based seed funding round led by Sisu Game Ventures, with participation from Sfermion, 2B Ventures, UOB Ventures, Signum Capital, and Machame.
raised
The startup focused on strategic funding concluded a round led by Variant. Gary Vaynerchuk Superplastic, known for creating designer toys, apparel, and NFTs, successfully raised $20 million in an extended Series A funding round led by Amazon Alexa Fund. Significant investors included Google Ventures, Galaxy Digital, Kering, and Sony Japan. These funds will finance the development of “The Janky & Guggimon Show” series and film projects for Amazon.
“To welcome the next billion users to Web3 Paul Bernard, the director of the Alexa Fund, mentioned in a press release, “As we broaden the Alexa Fund to cover a wider spectrum of consumer technologies—such as ambient computing, smart devices, and the future of entertainment—we're thrilled to welcome Superplastic to our portfolio.”
said the company in a statement. Notable Investors The startup obtained $500,000 in a pre-seed round supported by IDEO CoLab Ventures, Wave Financial, and a number of angel investors. The aim of Finiliar is to develop software and creative intellectual property for its ecosystem, utilizing these funds to create a comprehensive suite of applications, integrations, and additional products.
Fungify, a non-custodial NFT index and algorithmic lending protocol, alerted $6 million in a funding round led by Citizen X, with contributions from Distributed Global, Anagram, Taureon Capital, Infinity Ventures Crypto, Flow Ventures, and several angel investors. Reportedly, the launch is set for this spring or summer, contingent on completing security audits. Top rounds and investors February Report on Metaverse Fundraising: Insights into Gaming, Environmental Initiatives, and Communication Trends - Metaverse Post
In February 2023, there was a significant rush of interest from angel investors, venture capitalists, and financial institutions in the realm of web3. They channeled an impressive $373.2 million into 60 innovative startups, signaling a growing enthusiasm for this space. Silicon Valley-based February's Metaverse Fundraising Overview: Key Developments in Gaming, Environment, and Messaging.
venture capital participated FTC's Attempt to Block Microsoft-Activision Merger Denied.
Hong Kong
Release Date: March 2, 2023, at 2:25 PM Updated: March 2, 2023, at 2:26 PM. web3 startups To enhance our user experience in various languages, we sometimes utilize an auto-translation tool. Keep in mind that the translation may not always be perfect, so please read with discretion.
financial services
company Digital Wave Finance. Amazon Alexa Fund In February 2023, a total of 60 startups successfully secured $373.2 million in funding.
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Animoca Brands Artificial Intelligence Investors expressed interest across 17 categories, notably in sectors like authentication, management solutions, and enterprise tools. Read more related topics: Tags:
This month, the frontrunners in funding were gaming, environmental projects, and messaging applications. Fundraising Investments in web3 startups saw a total of $373.2 million distributed among 60 companies during February 2023, underlining a heightened investor interest. Metaverse The predominant sectors receiving funding this month involved gaming, ecology, and communication services. Among these, thirteen startups managed to gather $97 million, with several of them being large-scale multiplayer games.
In the gaming sector alone, companies collected $21 million this month while last year, in 2022, the total was around $53 million. August was a standout month for the gaming industry, with nineteen startups raking in an impressive $466 million. Report February's Metaverse Fundraising Report.
raised
Metaverse Fundraising Overview for February. incubate An environmental startup called Carbonplace secured $45 million in this funding round, signifying its growing relevance in the sector.
raised
Additionally, three environmentally focused companies successfully raised $14.3 million in February. Management Industry Trends The messaging sector saw four startups receiving a combined total of $43 million in funding from venture capitalists and angel investors. This was a notable increase from January, when only two startups raised a total of $8.3 million. Back in November, one messaging initiative achieved a $10 million funding round. The continuous evolution of this industry suggests that consumer interest will be on the rise as web3 steadily moves into the mainstream.
Following closely were nine NFT-related startups, which collectively raised $41.5 million. Although this figure pales in comparison to the peak in August when NFT firms secured $186.4 million, these rounds still demonstrate that growth persists within the sector. raised The NFT-based game known as Worldwide Webb brought in a robust $10 million during its Series A financing led by Pantera Capital. This new influx of capital will help the startup bolster its team, enhance integrations, and establish collaborations with various brands. Plus, there's an exciting browser game titled 'Blockbusterz' set to launch in the coming weeks.
Data Industry Trends raised Another startup lifted $20 million in a seed round backed by Accel and other firms, including Prosus Ventures, Nexus Venture Partners, Courtside Ventures, and Nazara Technologies. In a notable move, the startup also acquired a sub-DAO.
raised Web3 observability platform Sentio Chainmonsters, an extensive multiplayer online game, raised $1.5 million as part of its funding efforts and is on the verge of launching.
The company attracted $2.9 million in a seed funding round led by Bain Capital Crypto. Other backers included TCG Crypto, Robot Ventures, Smrti Lab, Formless Capital, along with several angel investors. They’re committed to further developing their blockchain-powered gaming experiences. received The co-founder of Curio, Yija Chen, remarked, 'Even with the rapid advancements and creative innovations we observe in on-chain gaming, there's a lack of distinctive elements that genuinely separate the on-chain gaming experience from traditional gaming.'
In this investment round, a blend of NFX, Coinbase Ventures, Play Ventures, and Franklin Templeton Investments participated. The funding will be allocated to the creation of NFT-focused projects like Legions & Legends. Superchain Network Funding totaling $13.8 million came via a private token sale, spearheaded by DWF Labs, with contributions from notable entities such as a16z Crypto, Sangha Capital Fund, Galaxy Interactive, and others. The raised funds will facilitate continued development of their ongoing initiatives.
'This token acquisition is a testament to our partners' confidence in YGG's mission, which is to empower gamers,' commented Gabby Dizon, co-founder of YGG. raised Nefta, an infrastructure startup focused on gaming, acquired $5 million through a seed funding round led by Play Ventures. Alongside them, firms like Polygon Ventures, Sfermion, SevenX Ventures, and Picus Capital participated, with plans to expand their workforce and improve their offerings based on market demand. received raised
The startup raised $1 million in a seed financing round led by Shima Capital. Participants included Zee Prime Capital, Firex Capital, FOMOCraft Ventures, and Devmons, aiming to advance its blockchain-powered multiplayer game named Paradise Tycoon.
raised
Jump Crypto
The startup, known for minting unique cross-game avatars, announced its $7 million initial public offering pricing. , Cogitent, SNZ, and Momentum6. Ajuna, a decentralized gaming platform operating within the Polkadot ecosystem, successfully raised $5 million in a private financing initiative led by CMCC Global.
Tower Pop, the creative studio behind Omega Royale, was awarded $2.1 million from Play Ventures, Agnitio Capital, and Santiago R. Santos. The funds will support their ongoing development efforts. explains the company in a press release. 'We're crafting an innovative concept, a genre-blending experience that uniquely combines aspects of Battle Royale and Tower Defense with blockchain technology,' shared the development team.
Messaging Industry Trends raised The web3 mobile gaming studio Mino Games garnered $15 million in funding led by Standard Crypto, with participation from notable investors such as Collab + Currency, Boost VC, Konvoy Ventures, and Earl Grey Capital. Their goal is to foster a direct connection between their community and game developers.
Bibliotheca DAO, the driving force behind the massively multiplayer on-chain project Loot Realms, raised $3,970,473 in a recent public token sale. In an interesting twist, participants will receive back 84.25% of their investments. raised Avalon Corp., a gaming studio creating an interoperable metaverse experience, has gathered $13 million in funding from a round led by Bitkraft Ventures, with substantial contributions from Hashed, Delphi Digital, Mechanism Capital, and others, including Coinbase Ventures and Yield Guild Games.
Web3 communication platform Salsa
Phi, an immersive social gaming world based on blockchain, raised $2 million through a seed round led by Chapter One and Delphi Digital, supported by Polygon Ventures and prominent angel investors. The focus is on enhancing user interface and experience while adding engaging social features. raised The play-to-own Martian metaverse game, Million in Mars, secured $3.5 million in financing from Widus Partners and Great South Gate, with participation from the Solana Foundation. The funds will help improve systems and create diverse environments for their virtual Mars experience.
The firm received $6.5 million from Blockchange Ventures, Decasonic, Abies Ventures, Prima Capital, Anfield, Outlier Ventures, and Accord Ventures. They specialize in solutions that ensure rapid 3D content delivery for assets ready for the metaverse. raised Lifeform, a platform for creating 3D avatars, raised $5 million in a Series A round driven by Geek Cartel, with backing from investors like KuCoin Labs and Foresight Ventures.
The AI-powered NFT trading venture, NeoSwap AI, raised $2 million during its pre-seed funding round led by Digital Asset Capital Management and AngelHub, with other investors including Gossamer Capital and Cavalry Asset Management, along with several angel investors. Security Industry Trends The NFT lending protocol, PaprMeme, successfully secured $3 million from Coinbase Ventures. raised Unagi, a Web3 platform dedicated to fantasy sports gaming, raised $5 million in an equity-based seed round led by Sisu Game Ventures, with contributions from Sfermion, 2B Ventures, UOB Ventures, Signum Capital, and Machame.
raised raised The platform attracted funding through a strategic round led by Variant.
Gary Vaynerchuk
“To welcome the next billion

Superplastic, a company specializing in designer toys, apparel, and NFTs, raised $20 million in an extended Series A round, guided by Amazon Alexa Fund, with support from major investors like Google Ventures and Sony Japan. These funds will be allocated towards creating 'The Janky & Guggimon Show' series for Amazon.
said the company in a statement. Notable Investors 'As we broaden the Alexa Fund to encompass diverse consumer technologies, including ambient computing and smart devices, our partnership with Superplastic is an exciting addition,' remarked Paul Bernard, director of the Alexa Fund, in a press statement. Top rounds and investors Finiliar raised $500,000 in a pre-seed round supported by IDEO CoLab Ventures, Wave Financial, and various angel investors. The startup aims to develop innovative software and intellectual property for their ecosystem, planning to create a suite of applications and integrations.
Fungify, a non-custodial NFT index and algorithmic lending protocol, secured $6 million in a round led by Citizen X. Additional participants included Distributed Global, Anagram, Taureon Capital, Infinity Ventures Crypto, and several angel investors. The startup is expected to launch once it completes its security audits later this spring or summer. Silicon Valley-based An undisclosed sum was secured in an early funding round with support from notable players like GSR, Big Brain Holdings, Genesis Block Ventures, StarLaunch, Master Ventures Investment Management, FunFair Ventures, and Telos. This innovative startup is focused on merging physical asset ownership with the digital marketplaces emerging in the web3 space. venture capital $4 million was raised in a Series A funding led by Placeholder VC, with Alleycorp, Bullpen Capital, and Everblue Management joining as additional investors. This platform offers a unique way for artists to convert their creations into digital assets. participated Hong Kong
web3 startups financial services Zion stands out as a social platform operating under 'Web5' specifications, utilizing the Bitcoin Lightning Network for transactions. company Digital Wave Finance. .
The startup successfully raised $6 million in a funding round spearheaded by XBTO Humla Ventures, with contributions from Kingsway Capital, UTXO Management, Bitcoiner Ventures, and Tony Robbins among others. Amazon Alexa Fund Chingari is an emerging Indian platform dedicated to sharing short videos.
A confidential amount was received from Aptos Labs.
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Metaverse
Report raised DWF Labs invested $25 million, aimed primarily at bolstering research and development efforts in web3.
incubate
EthSign , a platform focused on decentralized electronic agreement signing, received an undisclosed investment amount. A strategic round led by Polychain Capital and dao5 resulted in a $10 million influx. This startup intends to dedicate the capital toward speeding up the development of its name service and associated products. In a round guided by Distributed Global, the startup secured $3 million. Shima Capital, Big Brain Holdings, and Metareal also invested, with a goal to develop customer relationship management tools. raised
raised