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Welcome to February folks! Last month we saw another $2B flow into Digital Asset projects. This was higher than last month's $1B. The biggest raise last month was Abu Dhabi-based Venom Foundation launching a $1B fund for Web3 and blockchain.
Total: $3.176B
28 -$41.7M
- Crypto startup FLUUS completes $600k pre-seed round to expand payment solution (Finbold)
- DeFi Trading Platform Aurox Seeking Funding of $1M at $75M Valuation (Coindesk)
- Term Labs Raises $2.5M to Build Out Fixed-Rate Product for DeFi (Decrypt)
- Ether.Fi raises $5.3M in funding in a bid to help decentralize staking (TB | Coindesk)
- Web3 Infrastructure Startup Portal Raises $5.3M (Coindesk)
- Orange Comet Raises Over $7M in New Funding for NFT Media Play (Decrypt)
- Crypto wallet ZenGo is raising $10M at a flat valuation of $100 million (TB)
- Ex-Electronic Arts, Sony Game Developers Raise $13M For 'Avalon' Digital Universe (Decrypt)
27 - $75M
- Blockchain Founders Fund raises $75M to encourage Web3 mass adoption (Cointelegraph)
24 - $7.6M
- Token Offering of Asset Management Platform Factor Raises Roughly $7.6M (Coindesk)
23 - $204.7M
- Affine Protocol Raises $5.1M From Industry Heavyweights to Develop DeFi Yield Offering (Coindesk | TB)
- Gate.io Plans To Enter Hong Kong After Gov. Allocates $6.4M For Web 3 Space (Bitcoinist)
- Huma Finance raises $8.3M to enable DeFi borrowing against future income (TB)
- Pantera Invests $10M in Metaverse Game Worldwide Webb (Coindesk | TB)
- Indian web3 gaming studio Kratos raises seed round of $20M at $150M valuation, acquires IndiGG (TB)
- A16z Leads $25M Round for Web3 Startup Building Online Towns (Coindesk | TB)
- DWF Labs Invests $25M in Privacy Tech Startup Beldex (Coindesk)
- Bitcoin Mining Consulting Firm Sabre56 Raises $35M to Build 150MW of Hosting Sites (Coindesk)
- Israeli startup Chain Reaction to create blockchain chips with $70M of fresh funds (Cointelegraph | Bitcoinist)
22 - $11.2M
- Blocto crypto wallet closes Series A round at an $80 million valuation (TB | Finbold)
- Web3 database developer Polybase raises $2M in pre-seed funding (TB)
- ConstitutionDAO members raise $2.8M for multi-signature wallet Den (TB | Coindesk)
- Hong Kong Backs Web3 With $6.4M in Annual Budget (Coindesk)
- BCB Group targets valuation of $200 million after raising $20M in new fundraising effort (TB)
21 - $298.7M
- 3RM raises $3M to streamline customer relationship building in web3 (TB)
- Arbitrum-Based Factor Raises $4M on First Day of Token Offering (Coindesk)
- Blockchain Capital back indexer Superchain's $4M raise (TB | Cointelegraph)
- Kaito AI raises $5.3M to build ChatGPT-powered search engine for crypto (TB)
- Sequoia, Multicoin co-lead $6M funding for Solana-based crypto payments startup TipLink (TB)
- Lightspeed leads $6.4M seed round into web3 observability platform (TB)
- Binance Labs and Polychain co-lead ZK startup Polyhedra Network's $10M raise (TB | Coindesk)
- Galaxy Digital, PayPal Lead $20M Fundraise for Chaos Labs (Coindesk | Cointelegraph)
- Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023 (Cointelegraph)
- Former Binance Executive Has $100M Plan For Web3 Mass Adoption (BIC)
- Bosch partners in $100M Web3 development foundation (Cointelegraph)
20 - $8M
- ZK dark pool startup Renegade breaks cover with $3.4M from Dragonfly, Naval Ravikant (TB)
- Lemniscap backs $4.6M raise for infrastructure provider Gateway.fm (TB)
17 - $11M
- Game studio Unagi raises $5M to expand Ultimate Champions and move beyond sports (TB)
- Polychain leads ZK chip startup Cysic's $6M raise (TB)
16 - $119.5M
- Web3 Messaging Platform Salsa Raises $2M in Pre-Seed Round (Coindesk)
- Web3 tooling startup Nefta raises seed round of $5M at $32.5M valuation (TB)
- Sending Labs secures $12.5M to build 'web3 communcation stack' (TB | Cointelegraph)
- Mysten Labs CEO Evan Cheng is seeking to raise over $100M for a web3 fund (TB)
15 - $2.027B
- Abu Dhabi Starts $2B Initiative to Back Web3 Startups (Coindesk | Cointelegraph)
- Ironblocks raises $7M to build blockchain cybersecurity platform (TB | Coindesk)
- Amazon Funds Web3-Friendly Studio Superplastic in $20M Round (Decrypt)
14 - $88.5M
- Bain Capital Crypto Backs $4.5M Round for Blockchain Interoperability Startup Orb Labs (Coindesk | TB)
- Crypto Startup Monad Labs Aims to Create Next ‘Ethereum Killer’ After Raising $19M (Coindesk | TB)
- Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank (Coindesk | TB | Bitcoinist)
13 - $15M
- Co-Founder of Banned @NFT Instagram Account Seeks $6M for Lil Baby Crypto Dice Game (Decrypt)
- Sequoia, Dragonfly Back Web3 Startup Caldera in $9M Rounds (Coindesk)
10 - $7.1M
- Web3 tower defense game developer Omega Royale raises $2.1M (TB)
- CMCC Global leads $5M round into web3 gaming platform Ajuna (TB)
09 - $181.6M
- Web3 music platform Vault raises $4M Series A led by Placeholder VC (TB | Coindesk)
- Bitkraft, Fabric Ventures lead $6.5M round into web3 loyalty platform (TB)
- Modular blockchain Dymension raises $6.7M in private token round (TB)
- Crypto lender SALT makes comeback with $64.4M funding (Cointelegraph)
- Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects (Coindesk)
08 - $46.5M
- VRRB Labs raises pre-seed round of $1.4M at $20 million valuation as it builds its own Layer 1 (TB)
- UK blockchain carbon offset platform raises $45M in seed funding (Cointelegraph)
07 - $14M
- Crypto Wallet Security Layer Webacy Raises $4M (Coindesk)
- Decentralized Identity Network Space ID Raises $10M (Coindesk)
03 - $11M
- A16z-backed Arpeggi Labs is looking to raise $11M (TB)
02 - $9.2M
- Crypto Miner Pow.re Raises $9.2M Series A at $150M Valuation (Coindesk)
01 - $4.9M
OTHER NEWS
- Angel investors vs. venture capitalists (Cointelegraph)
- What Are VCs Funding After FTX? More Decentralized Infrastructure (Coindesk)
- VC blockchain and crypto funding drops off in Q4 2022: Report (Cointelegraph)
