Welcome to August Folks! Last month we witness about $13B flowing into Digital Assets and Projects, primarily into Funds and Web 3. Let's see what this month has in store for us.
Total: $5B
FUNDS ($2.5B)
- Polygon’s Sandeep Nailwal Leds $50MM Raised for a Web3-Focused VC Fund Symbolic Capital (CryptoPotato | Cointelegraph | TB | Blockworks)
- Lattice Capital Raised $60MM for Second Crypto Fund (Coindesk)
- PwC Crypto Head Departs to Set Up $75MM Digital Asset Fund Nine Blocks Capital Management in Dubai: Report (Coindesk)
- Arnault-backed VC firm Aglaé Ventures to launched €100MM web3 fund (TB)
- Asian web3 accelerator LongHash Ventures announces new $100MM fund (TB | Bitcoinist)
- New Galaxy Crypto Fund Liquid Alpha on Path to Raise $100MM by Year End (Coindesk)
- Reddit co-founder's VC firm Seven Seven Six seeking $177.6MM to invest in crypto tokens: Kryptos Fund (TB | Finbold | Blockworks | BIC)
- Bitget Rolls Out $200MM ‘Protection Fund’ to Safeguard User’s Crypto (Blockworks | Cointelegraph)
- Bill Ackman Among Investors as Venture Capital Crypto Firm Shima Capital Raised $200MM Fund (Coindesk)
- Crypto Investment Firm CoinFund Launches $300MM Web3 Fund (Coindesk | Cointelegraph | TB | Blockworks)
- Top execs from Genesis and Galaxy are raising a $500 million fund (TB)
- Brevan Howard Scores Largest Crypto Hedge Fund Launch Ever: $1B (Blockworks | TB | Bitcoinist)
WEB 3 ($2B)
- Alchemy-Backed Blockchain Company Contribution Labs Raising $3MM in Equity Sale (Coindesk)
- MetaverseGo raised $4.2MM to ease onboarding for blockchain-based games (TB)
- Luabase raised $4.5MM to make blockchain data easier, cheaper (CoinMarketCap)
- 21-year-old female founder raised $5MM for web3 community protocol Koop (TB)
- NFT Security Startup Tokenproof Raised $5MM to Keep JPEGs Safe From Scammers (Coindesk)
- Web3 Startup Comm Raised $5MM in Bid to Compete With Discord (Blockworks)
- Digital Currency Group backs DAO tooling startup Mural in $5.6MM seed round (TB | Coindesk)
- Line Games' web3 gaming arm raised $5.8MM seed round to put popular titles on-chain (TB)
- Halliday Raised $6MM for 'Buy Now, Pay Later' Ethereum NFTs (Decrypt)
- ‘The Sims’ Creator Will Wright Raised $6MM for Blockchain Games at Gallium Studios (Blockworks)
- MatchboxDAO Raised $7.5MM to Build Out On-Chain Gaming on StarkNet (Decrypt)
- Heirloom raised $8MM from Ripple and Forte to onboard enterprises into web3 (TB)
- OneOf NFT Platform Adds American Express as Backer in $8.4MM Round (Coindesk)
- Tiger Global joined $12MM funding round for gamer infrastructure startup Lysto (TB)
- Pantera led $13MM round for creator-owned livestreaming platform Stacked (TB)
- Greylock, Pantera Led $18MM Round for NFT Infrastructure Provider Pinata (Coindesk)
- Crypto Investing Giant Paradigm Led $20MM Round for Fractional NFT Protocol (Coindesk | Decrypt)
- NFT counterfeit detector MarqVision raised $20MM in Series A funding (TB)
- Andreessen Horowitz Leads $20M Funding Round for CreatorDAO (Coindesk | TB)
- BitDAO to fund AfricaDAO with $20MM for web3 adoption in Africa (TB)
- Crypto Developer Platform Thirdweb Gets Katie Haun's Backing at $160M Valuation: $24MM (Coindesk)
- Polygon leads investment in venture studio SuperLayer’s $25MM fund (TB)
- Web3 game developer Xterio raised $40MM in SAFT sale (TB | Coindesk)
- Banking behemoth MUFG invests in Animoca Brands Japan’s $45MM raise (TB)
- Fintech Firm Lightnet Group received $50MM From LDA Capital to Boost Velo Protocol's Tech (Coindesk | TB)
- a16z led $50MM in funding for NFT organization Proof Collective (TB | Decrypt | Coindesk)
- Metaverse avatar platform Ready Player Me raised $56MM from a16z and others (TB | Coindesk | BIC)
- Socios.com Inked $100MM Deal With FC Barcelona For Web3 Push (EWN | Coindesk | BIC)
- CONFIRMED: Singapore state investor Temasek led $100MM round for crypto firm Animoca: Report (Cointelegraph | TB | Blockworks | Coindesk | BIC | TB)
- Mobile gaming firm Limit Break raised $200MM across two rounds (TB)
- Blockchain cloud infrastructure company W3BCloud to go public via $1.25B SPAC (Cointelegraph)
MISC ($245.5MM)
- Decentralized communications platform Satellite IM closes $10.5 million round (TB)
- Crypto Intelligence Platform Messari Plans to Raise $35MM at $300MM Valuation: Report (Coindesk | TB)
- El Salvador’s Bitcoin Beach to receive over $200MM in infrastructure investments (Finbold | BIC)
BLOCKCHAIN ($159.5MM)
- GitPOAP raised $4MM to bring Github contributions on-chain (TB)
- Solana automation network Clockwork raised $4MM (TB | Coindesk)
- Luabase raised $4.5MM to make blockchain data easier, cheaper (TB)
- Former Coinbase employee raised $4.5MM for his web3 data startup Coherent: Exclusive (TB)
- Blockchain explorer SolanaFM raised $4.5MM, plans to expand to Aptos (TB)
- Blockchain Payments Platform Ansible Labs Raised $7MM in Seed Funding Round (Coindesk)
- Solana MEV infrastructure developer Jito Labs raised $10MM (TB)
- RISC Zero raised $12MM to build a blockchain using zero-knowledge proofs (TB | Coindesk)
- WazirX CEO's project Shardeum is raising $18MM at a $200 million valuation (TB)
- Blockchain Analytics Platform Merkle Science Raised $19MM to Take on Bridge Exploits (Coindesk)
- Korean Blockchain Project Klaytn Committed $20MM to Asian Universities for Blockchain Research (Coindesk)
- Multi-Blockchain Platform Geeq Received $25MM Capital Commitment From Investment Group GEM (Coindesk)
- Blockchain Startup Injective Netted $40MM Round Featuring Jump Crypto, BH Digital (Blockworks | TB | Coindesk)
- Cardano ($ADA) Developer IOG Funds Blockchain Research Hub at Stanford University (Cryptoglobe | UToday)
EXCHANGES/WALLETS/CUSTODY ($180MM)
- Cashmere Raised $3MM at $30M Valuation to Build Solana Enterprise Wallet (Coindesk)
- Bitcoin beach wallet creator Galoy raised $4MM (TB | Coindesk)
- Digital Currency Group and Node Capital Led $5MM Fundraise for Blockchain Security Firm dWallet Labs (Coindesk)
- Lemniscap leads investment in oracle provider Redstone’s $7MM round (TB | Coindesk)
- Self-custody solution Safeheron raises $7MM, partners with MetaMask (TB)
- Primitive raised $9MM to build AMM discovery platform (TB)
- DeFi wallet startup Unstoppable Finance raises €12.5 million (TB | Coindesk)
- WazirX Co-Founder Seeks $20-30MM in Funding For New Venture Valued at $220M (BIC)
- Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx (Coindesk)
- Hardware Wallet Maker Ledger in Talks to Raise Additional $100MM: Report (Coindesk | Cointelegraph)
DEFI ($76.7MM)
- GoGoPool raised $5MM to provide decentralized staking on Avalanche (TB)
- Cosmos-Based Liquid Staking Protocol Stride Raised $6.7MM (Coindesk)
- Fairfax County Pension Fund Invested $70MM in Parataxis Crypto Yield Farming Funds: Report (Coindesk | CryptoPotato | BIC)
DEFI ($29MM)
- Nexus Mutual to invest $29MM of treasury funds into Maple Finance (TB)
MINING ($4.3MM)
- Renewable Energy Company Vespene Energy Closed $4.3MM Capital Round to Convert Landfill Methane Into Bitcoin (Coindesk)
OTHER
- Why Google Has Invested $1.5 Billion In Crypto-Focused Companies (Bitcoinist | Blockworks)
- Big Tech and Finance Invested $6B in Blockchain Companies This Year – Report (BIC | Coindesk)
- Blockchain venture capital funding down over 43% in July: Report (Cointelegraph)
- Crypto Biz: Crypto VC is back with a vengeance (Cointelegraph)
- Funding Wrap: Venture Capitalists Continue to Prioritize Web3 (Blockworks)
- Despite Bear Market, 2022 Fundraisings Already Surpassed 2021: Messari (CryptoPotato | TDH)