Financing Weekly | 27 projects raise $160.7 million

Compiled by: Golden Finance

The biggest round of financing this week

Blockaid completed a $50 million Series B round with support from Ribbit Capital, Google Ventures (GV), Variant Fund and Cyberstarts.

Blockaid is a Web3 cybersecurity company that provides security tools designed to prevent malicious transactions, thereby protecting Web3 users from threats from scams, phishing and hacking. Their main goal is to strengthen the security of the Web3 ecosystem and protect users from potential cyberattacks.

Pre-seed and Seed Investment Round: Infinity Ground completed a $2 million seed round, with investors including Animoca Brands, MARBLEX Corp., MH Ventures, Frachtis, KuCoin Ventures, KnightFury, Presto Labs, and PAKA.

Infinity Ground is a Web3 native smart IDE and AI-powered gaming platform where users can create, play and monetize interactive experiences using the modular intelligent development kit (IDK). It is powered by the proprietary ING network and Initia's Interwoven Stack, supporting multi-chain interoperability across Base, BNB chains and Kaia, driving AI-driven application and gaming innovation.

AMMO completed a $2.5 million Pre-seed financing, with investors including Amber Group, Samsung Next, Dispersion Capital, and Openspace Ventures.

AMMO (Massive Multiagent Online Architecture) is an AI-powered multiagent ecosystem founded by former leaders from Google, DeepMind and Meta. It allows users to have personal AI agents (“user partners”) for learning, investing and personal growth. AMMO uses giant agent factories, composite embedding spaces (MetaSpace) for AI interactions, and reinforcement learning (RLHF) from human feedback to ensure alignment evolution of AI.

Primus Labs (formerly Pado) completed a $6.5 million seed round, with investors including Dispersion Capital, Symbolic Capital (formerly Hyperedge Capital), VanEck, Samsung Next, Alchemy Ventures, Maelstrom, Welara, Blockchain Builders Fund (BBF), Modular Capital, Karatage, Initial Ventures, Mozaik Capital, Arweave SCP Ventures, Legend Star, Amber Group, SNZ Holding, Hash Global.

Primus Labs (formerly known as PADO) is an encryption infrastructure platform dedicated to enhancing data interoperability between Web2 and Web3 systems. By leveraging advanced encryption technologies such as Zero Knowledge Transport Layer Security (zkTLS) and Zero Knowledge Fully Homomorphic Encryption (zkFHE), Primus enables secure, permissionless data verification and computing. This approach enables developers to seamlessly integrate off-chain data with blockchain and AI applications, ensuring the authenticity and privacy of the data without exposing sensitive information.

Dojo Coding completed Pre-seed financing, with the investor being Redline Lab.

Dojo Coding is a Latin American Web3 developer training and incubation platform dedicated to cultivating local talents into world-class blockchain engineers and entrepreneurs. Through a structured three-step program, Dojo Coding provides cutting-edge technology education, real-life project experience and a dynamic community that supports developers to reach their maximum potential.

Cygnus completed a $20 million Pre-seed financing, with investors including Manifold, OKX Ventures (formerly OKEx Blockdream Ventures), Mirana Ventures, Optimism Foundation, UpHonest Capital, G20 Group, eGirl Capital, CL207.

Cygnus is the first modular real-earnings layer that connects non-EVM systems like TON with EVM ecosystems. Its liquidity verification system (LVS) ensures liquidity while providing pledge income, LVS fees and incentives. In addition, Cygnus Finance provides stablecoin lending and leveraged trading backed by real-world assets such as U.S. Treasury bonds.

Fluent Labs completed a $8 million seed round of funding, with investors including Polychain Capital, Primitive, MH Ventures, dao5 (daofive), Symbolic Capital (formerly Hyperedge Capital), Builder Capital, Nomad Capital, Public Works, The Rollup Ventures, Balaji Srinivasan, Mustafa Al-Bassam, Jason Yanowitz, Santiago R. Santos, dingaling, Will Price, Cristian Manea.

Fluent is an Ethereum Layer 2 networking and development framework that unifies multiple virtual machines (VMs) including Ethereum Virtual Machine (EVM), Solana Virtual Machine (SVM) and WebAssembly (Wasm) into one execution environment. With this "hybrid execution", it enables seamless interoperability and atomic composition between smart contracts, allowing developers to build more expressive and versatile decentralized using different languages ​​such as Solidity, Vyper and Rust DApp (dApp).

Mansa completed a $3 million Pre-seed financing, with investors including Tether, Polymorphic Capital, Octerra Capital, Faculty Group, and TRIVE Ventures.

Mansa Finance is a Dubai-based DeFi platform focused on the African market, providing liquidity solutions for cross-border payment companies. By obtaining liquidity from DeFi platforms, hedge funds and family offices, Mansa makes instant transaction settlement and flexible pre-financing possible. Mansa aims to develop into a comprehensive on-chain payments and forex solution for emerging markets, with an eye on compliance and regulatory oversight.

Altius completed a $11 million Pre-seed financing, with investors including Founders Fund, Pantera Capital, Archetype, Reforge, Digital Currency Group (DCG), No Limit Holdings (NLH), and Amber Group.

Altius is a blockchain infrastructure company that improves performance by providing a modular execution layer that is independent of any blockchain- compatible VM. Its technology enables efficient on-chain execution, achieves Web2-like efficiency, and promotes multi-chain interoperability.

Fomo completed a $2 million Pre-seed financing, with investors including Raj Gokal, Balaji Srinivasan, Bryan Pellegrino, Marc Boiron, Jordi Alexander, Henri Stern, Paul Veradittakit, Viktor Bunin, Jae Chung, Joshua Lim, Shiliang Tang, Bluefin ( Former Firefly, dTrade), Smokey The Bera, Roshun Patel, Aaron Harris, Paul Kim, Alexander Pack.

Fomo is an on-chain trading platform built by experienced operators and engineers from companies such as dYdX, Uniswap, OpenSea, Square and Two Sigma. FOMO aims to provide a seamless trading experience and lead its public release with advanced features.

Maestro completed a $3 million seed round, with investors including Wave Digital Assets, Draper Associates, UTXO Management, Bitcoin Frontier Fund, Draper Dragon, and Necto Labs.

Maestro is a Web3 development platform tailored for UTXO-based blockchains such as Bitcoin, Cardano and Dogecoin. It provides advanced UTXO indexing infrastructure, enterprise-level APIs and developer tools to simplify the creation and scaling of decentralized applications (dApps). Maestro's services cover blockchain data access, transaction management, market data feeding and hosted smart contract markets, helping developers build powerful DeFi protocols, NFT markets, etc.

Other investment rounds

DEXX completed the financing invested by Gate Labs, with the specific amount not disclosed.

DEXX is an on-chain token trading terminal designed for memecoin and DeFi transactions. It integrates accurate data analysis, smart wallet monitoring and advanced trading strategies, including mobile profit/loss tracking, limit orders and stop loss functions, providing users with a decentralized trading experience similar to CEX.

Knidos Labs completed financing investments by Avalanche, Avalanche Foundation and Emin Gün Sirer, with the specific amount not disclosed.

Knidos Labs is a blockchain innovation studio dedicated to enhancing decentralization through the Node-Fi platform and increasing validator revenue. Node-Fi transforms the traditional staking system into a dynamic, gamified system, providing higher returns and a stronger sense of participation. By bridging funding and node management layers, Knidos provides a trustless liquidity center and a market for decentralized physical infrastructure network (DePIN) operators. This method enables blockchain consensus to be decentralized and activates sleepy capital, allowing more people to participate in node management.

Acre completed a strategic financing of US$4 million, with investors including Draper Dragon, Big Brain Holdings, and Orange DAO.

Acre is a decentralized finance (DeFi) protocol that enables Bitcoin holders to earn asset returns by providing liquidity to the Bitcoin Layer 2 network and other decentralized protocols. The user deposits BTC into Acre, which is then tokenized into tBTC on the Ethereum network. These tBTCs are deployed into different protocols to create passive income for depositors.

Aura Network has completed financing invested by FPT Corporation, with the specific amount not disclosed.

Aura Network is a high-performance Layer 1 blockchain ecosystem designed to promote the tokenization of real-world assets (RWA) across enterprise, entertainment and government fields. Aura Network utilizes a modular architecture based on the Cosmos SDK to ensure scalability, security and decentralization, enabling seamless integration and management of digital assets. The platform provides an Asset Identity Protocol (AIP) for secure verification and transparent ownership, promoting trust and compliance in RWA tokenization.

Universal Protocol completed a $9 million financing, with investors including Andreessen Horowitz (a16z crypto), Coinbase Ventures, Four Cities Capital, and Data Tech Fund.

Universal is a packaging asset protocol that allows any token to be traded on any blockchain, enhancing liquidity and accessibility. By simplifying the availability of cross-chain assets, we aim to create a seamless and interconnected crypto ecosystem similar to Wrapped Bitcoin (WBTC), but for all assets.

Form Network completed a $306.5K financing in public sales.

Form Network is a high-speed, low-cost Ethereum Layer 2 (L2) blockchain designed to advance the SocialFi ecosystem. Form utilizes OP Stack and integrates Celestia's modular data availability layer. The network provides seamless interoperability, allowing developers to deploy SocialFi applications between multiple decentralized finance (DeFi) and social platforms, where tokens operate as ERC-20 assets. Form's ecosystem includes collaborations with platforms such as Roll Fun and Curves, allowing users to mint and trade social tokens and distribute native token FORM through programs such as Form Mediation Campaign.

Nil Foundation (=nil; Foundation) completed a $600,000 financing in public sales.

=nil; Foundation is an Ethereum Layer 2 (L2) network based on the Ethereum Layer 2 (L2) network using zkSharding technology. It combines the scalability of application-specific chains with the composability of monolithic chains, allowing developers to efficiently build and expand decentralized applications (dApps). The platform provides reduced transaction fees, on-demand horizontal scaling (execution across shards) by reducing network congestion and optimizing resource usage, and enhances security through a three-layer zero- knowledge verification approach.

ResearchHub completed a $2 million financing investment by BoostVC.

ResearchHub is a tokenized social network that inspires scientists to publicly share academic content by rewarding them with ResearchCoin (RSC) cryptocurrency. The platform provides collaboration and publishing tools that promote collaboration, feedback and knowledge sharing among researchers. By earning RSC, users can create reward tasks that inspire other scientists to complete research-related tasks and promote a platform for valuable contributions in a global science community to be recognized and rewarded.

WalletConnect (Reown) completed a $4 million public sale financing.

Reown is an on-chain user experience (UX) platform and also the builder of the WalletConnect network. WalletConnect is an on-chain user experience (UX) ecosystem that promotes seamless connection between wallets, decentralized applications (dApps) and users. The platform launches WalletConnect Token (WCT), which ensures network security through staking, rewards, fees and governance. In addition, WalletConnect also provides WalletGuide, an on-chain wallet directory that meets high user experience standards.

Yield Basis completed a $5 million financing round.

Developed by Curve Finance founder Michael Egorov, Yield Basis is an AMM-based DeFi protocol designed to eliminate impermanent losses from liquidity providers. It optimizes liquidity positions by using 2x leverage crvUSD, potentially increasing BTC and ETH holders’ earnings while maintaining sustainability. Liquidity positions are tokenized into earning assets similar to ybBTC and ybETH, allowing pledges to receive additional rewards.

Forkast (Community Gaming) completed a $100,000 financing in public sales.

Forkast is an on-chain prediction market platform tailored for gaming and internet culture. Developed by Community Gaming, it allows users to create and participate in forecast markets on topics such as game trends, emoticons and Web3 assets. The platform is powered by $CGX tokens, which serves as the main currency for competition participation and rewards.

Academic Labs completed a financing investment by Victus Capital, with the specific amount not disclosed.

Academic Labs is an innovative platform that uses blockchain, NFT and AI to innovate education, focusing on English language proficiency and blockchain knowledge and programming. It aims to create a decentralized and immersive learning environment that facilitates the transition from Web 2.0 to Web 3.0, ensuring equitable access to quality educational resources for everyone.

Kinto completed a $20 million financing, with the investor being Brevan Howard Digital.

Kinto is a Layer-2 solution on Ethereum, providing secure and insured financial services. It is governed by a two-tier system of community elections in a non-managed, transparent and unauthorized manner. Kinto combines traditional finance and decentralized finance to provide KYC while still retaining the advantages of DeFi. The platform ensures users' safety through KYC, insurance, and blockchain-level anti-money laundering and fraud monitoring.

RICH: Research Integrity Chain completed a $50K financing invested by Mykola Paliienko.

Research Integrity Chain (RICH) is a blockchain-based platform designed to protect the authenticity and integrity of scientific research. By creating tamper-free, timestamped chains for each research stage, RICH ensures immutability and verifiability of data and research results. Researchers can register their work, work with peers and share their research chains, providing transparent authorship and research history proof. The platform offers different levels of subscription plans to suit individual researchers and teams, with features such as data dereliction of duty protection and plagiarism prevention.

Mu Digital completed a $600,000 financing in public sales.

Mu Digital is a Monad-based real-world asset (RWA) platform that enables Asian companies to obtain US dollar financing through cryptocurrencies while providing tokenized revenue products for global stablecoin holders. It connects Asian businesses with global crypto liquidity, providing real benefits backed by real-world commerce.

Mansa completed a $7 million financing, which the investor did not disclose.

Mansa Finance is a Dubai-based DeFi platform for Africa that provides liquidity solutions for cross-border payment companies. It enables instant transaction settlement and flexible pre-financing by obtaining liquidity from DeFi platforms, hedge funds and family offices. Focusing on compliance and regulatory oversight, Mansa aims to grow into a company that provides comprehensive on-chain payments and forex solutions for emerging markets.