Weekly Insights on Metaverse Fundraising - Report #3
Here are this week's updates on funding activities within the blockchain, Metaverse, and tech sectors.
April 18th
Aura Network , an NFT project, raised $2.5 million raised in seed funding, with prominent investors like Coin98 Ventures, GBV Capital, Impossible Finance, Kucoin Labs, Kyber Ventures, and GUILDFI backing the initiative.
April 19th
Delta One , a Solana DeFi protocol has raised $9.1 million gathered in a seed funding round led by Alameda Research and Ship Capital. Additional investors include Solana Ventures, Electric Capital, AlleyCorp, Mgnr, and the Solar Eco Fund.
Hedge , a Solana lending protocol, has raised $3.7 million in seed funding, spearheaded by Race Capital, with contributions from Pantera, Solana Ventures, Shima Capital, DCM, and AngelDAO.
Pollen Mobile , a decentralized wireless network, has closed led its seed funding round with Slow Ventures at the forefront. Other notable participants include DISH Wireless, Delphi Digital, OVN Capital, and Acorn Pacific Ventures.
Mintbase , an innovator in NFT infrastructure, raised has secured $7.5 million in a Series A funding round led by Woodstock Fund, with support from Coinbase Ventures, Libertus Capital, Sino Global Capital, Animoca Brands, Fundamental Labs, Figment, TRGC, and various others.
April 20th
Spruce , a company focused on decentralized identity solutions, has raised closed a whopping $34 million in a Series A funding round, headed by Andreessen Horowitz. Noteworthy investors include Okta Ventures, SCB 10X, Robot Ventures, OrangeDAO, Ethereal Ventures, Electric Capital, Y Combinator, A.Capital Ventures, Third Kind Venture Capital, Protocol Labs, SV Angel, and the Gemini Frontier Fund.
SoundMint , a Platform for music NFTs, has raised $1.7 million secured through a seed funding round, led by Animoca Brands. Other investors include Castle Island Ventures, Focus Labs, Sfermion, Sky Vision, Tess Capital, and Goodwater Capital.
April 21st
LimeWire raised $10.4 million raised in a private token sale with support from investors like Kraken Ventures, Arrington Capital, GSR, CryptoCom, among others.
Scroll , the Ethereum scaling project, has raised $30 million in funding, spearheaded by Polychain Capital, with participation from Bain Capital Crypto, Robot Ventures, Geometry DAO, and more.
MetaLend , an NFT lending protocol, raised $5 million contributed by investors such as Pantera Capital, Ancient8, and Collab+Currency.
Bastion , a lending protocol based in Aurora, has raised $9 million in a Series A funding round, led by Three Arrows Capital and supported by FTX Ventures, Jump Crypto, Jane Street, Spartan Group, CMS Holdings, and CryptoCom.
Read related posts:
- Metaverse Fundraising Weekly Report #5
- Metaverse Fundraising Weekly Report
- Metaverse Fundraising Weekly Report #1
Disclaimer
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