- The Mythical Games project was able to raise the most funds – $ 37 million
- 1 project did not disclose the amount of investment
- There was no most active fund this week
- All participated in the 1st round of funding
We offer you a fresh weekly selection of 14 projects that received funding from various investment funds last week. Below are details about each of these projects.
– Shutter Network project aimed at preventing malicious MEV in Ethereum, attracted $2.36 million investment. The funding round was attended by: FishDAO, Gnosis, JDAC Capital, OKX Ventures, Alphemy Capital, coinIX, Equilibrium.co, Own Fund. The new capital will help the startup boost product development and expand community engagement initiatives.
– PWN Peer Lending Center offering to use digital currency as collateral, announced on closing a funding round for $2 million. Investors are: DFG Capital, Safe Ecosystem Foundation, Dialectic Capital, StarkWare, Jsquare, Nethermind, Next Web Capital, Patricio Worthalte. The funds will further the company’s mission to decentralize digital asset mortgage finance and launch a community-driven PWN DAO. The ultimate goal of the startup is to create an open and transparent financial system accessible to everyone.
– AvatarLife, a metaverse platform that creates casual games, received $1.5 million seed funding round led by Info Edge Ventures. The company plans to use the capital to support product research and development, build a community, and expand its global team. The platform offers single-player, multiplayer games within its virtual world and also allows other creators to develop and use games on its platform.
– Next-generation gaming technology studio Mythical Games has raised $37 million in the first part of its Series C Extended Funding Round. Scytale Digital was the lead investor, with well-known funds such as ARK Invest, Andreessen Horowitz, Animoca Brands, WestCap, Struck Capital, Gaingels, MoonPay. The company’s priority for 2023 is to optimize the business and make a profit. The funds will be used primarily to achieve this goal, through platform upgrades, infrastructure development and improvements, and the development and launch of new games that are already under development.
– Web3 Pixion Games Game Studio powered by Avalanche, closes $5.5M seed funding round. Several high-profile investors participated, including the Blizzard Fund Avalanche Foundation, investment firm Shima Capital, gaming decentralized autonomous organization ReadyPlayerDAO, and others. Pixion intends to invest in Fableborne, a role-playing game developed by the studio that is based on decentralized assets that allow players to interact with network assets built on top of the Avalanche network.
– Company Polygon Fund does strategic investment in AI-driven open-world startup Delysium. The amount of funding was not disclosed. The company is using these funds to take another step towards realizing its vision to “redefine how we live in the virtual world”
– Blockchain-based government bond fund Superstate attracts $4 million investment. The seed round investors were: ParaFi Capital, 1kx, Distributed Global, CoinFund, Cumberland. The fund will buy short-term government debt and allow users to track this debt as a token on different blockchains, starting with Ethereum.
– Singapore company Startale Labs received a $3.5 million investment from Sony Network Communications, a Japanese Internet services giant. The companies are already collaborating and jointly conducting incubation programs aimed at promoting the development of Web3.
– Organization One Trading attracted A €30 million Series A funding round. Peter Thiel’s Valar Ventures led the round, with participation from MiddleGame Ventures, Speedinvest, Keyrock and Wintermute Ventures. The company aims to operate as a MiFID marketplace.
– Project Hook Protocol collected $3M investment led by Collab + Currency and Lattice backed by Slow, Sfermion, Maven11, Contrary and private investors including gmoney, jdh, Salvino D’Armati, Flamingo DAO, Neon DAO and The LAO. The new funding is being used to build their own NFT options protocol.
– Greenfield invests $2.5 million to the Brahma protocol in an expanded seed funding round. Attracted investments are used for the development of the ecosystem.
– Outdid, a company that creates identity verification solutions, received $2.5 million in funding. The seed round was led by the Jump Crypto fund backed by Superscrypt and was attended by over 15 private investors. Outdid uses funding for product and business development. The company’s solution has also been touted by established key industry players such as the Auth0 identity management platform.
– Fully encrypted network Mind Network announced on the successful completion of the initial fundraising round, which raised $2.5 million. Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Mandala Capital and other private investors participated in the funding round. This funding will enable the company to develop breakthrough technology and accelerate the adoption of the platform across industries while ensuring data privacy and ownership for users around the world.
– AlloyX DeFi Protocol launched asset vault after receiving $2 million in pre-funding led by Hack VC. The round also included investments from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures, MH Ventures, very Early Ventures, Archblock, dao5 and Credix Finance, according to the announcement.
Top 20 funds by the number of investments in the period from June 26 to June 30:
Number of private funding rounds for categories:
There were 14 rounds per week. In which category did you invest the most?
DeFi – 5;
GameFi – 4;
Blockchain service – 2;
CeFi – 1;
NFT – 1;
social – 1.