Mar: Follow Dat Money

Mar: Follow Dat Money

By theinspired | Inspiration | 1 Mar 2023


Join me on Wubits!

Welcome to March folks! Last month we saw $3B flow into Digital Asset projects. This was higher than last month's $1B. The biggest raise last month was once again in Abu Dhabi Hub71 launching a $2B fund for Web3.

Total: $1.462B

31 - $109M

  • Crypto wallet provider Ledger raises $109M as demand for self-custody soars (Cointelegraph | CryptoPotato)

30 -$100M

29 -$56.5M

  • Dragonfly Leads $6.5M Round for Aptos Protocol Econia Labs (Coindesk)
  • Hydra Ventures DAO raises $10M for fresh take on fund of funds (TB | Coindesk)
  • AI-Focused Crypto Protocol Fetch.ai Raises $40M to Deploy Decentralized Machine Learning (Coindesk | TB | Coindesk)

28 -$57.5M

  • Metaverse construction firm LandVault extends Series B with $3M raise (TB)
  • Irene Zhao's web3 social platform So-Col unveils $4.5M in new funding (TB)
  • Restaking protocol EigenLayer closes $50M raise (TB | Coindesk)

27 - $5M

  • Solana-based derivatives protocol Cega raises $5M to expand on Ethereum (TB)

24 -$7M

  • Middleware platform Particle Network raises $7M (TB)

23 -$10M

  • Layer 1 developer Radix reaches $400 million valuation in new token round of $10M (TB | Coindesk)

22 - $380M

  • Bitget acquires controlling stake in BitKeep with additional investment of $30M at $300 million valuation (TB | Coindesk | Cointelegraph)
  • Singapore-Based Investment Firm Plans to Inject $100M Into Web3 Startups (BIC)
  • eToro raises $250M after terminating SPAC deal (Cointelegraph)

21 -$230.7M

  • Ethereum-Based Carbon Tracker Carbonable Raises $1.2M to Tackle Greenwashing (Coindesk)
  • Animoca Brands and Hex Trust's joint wallet venture Gryfyn raises $7.5M (TB)
  • Market maker Auros raises fresh capital $17M to repair finances hit by FTX collapse (TB | Coindesk)
  • Seed Club Ventures Emerges With $25M to Back DAOs (Coindesk)
  • A16z Leads $40M Round for CCP Games (Coindesk | TB | Decrypt)
  • Anonymous DAO tomi raises $40M for 'surveillance-free' internet (Cointelegraph | Coindesk)
  • Social platform OP3N secures $100M valuation in Series A funding round: TechCrunch (TB)

20 - $20M

  • Market Maker DWF Labs Invests $20M in DeFi Liquidity Protocol Synthetix (Coindesk | Cointelegraph)

16 - $25M

  • After leaving Ledger, former chief of staff aims to raise $25M fund for NFT art (TB)

15 - $10M

14 - $29.5M

  • A16z invests in crypto wallet infrastructure startup Capsule (TB)
  • Blockchain infrastructure developer Smooth raises $2M in seed funding (TB)
  • Trust Machines backs bitcoin decentralized exchange Alex with $2.5M (TB)
  • Crypto infrastructure provider Orbs raising $10M from DWF Labs in token round (TB | Coindesk)
  • Digital fashion firm DressX raises $15M in Series A funding (TB)

13 -$6M

  • Web3 Game Publisher Jungle Raises $6M for Mobile NFT Shooter (Decrypt)
  • Framework and Bitkraft lead $6M seed funding into gaming studio Jungle (TB)
  • DeFiance Capital completes first close of $100M liquid token fund (TB)

09 - $36.5M

  • Stablecoin issuer ECSA secures $3M in funding (TB)
  • Gyroscope unveils $4.5M in funding as it prepares to launch 'unique' stablecoin (TB)
  • Polychain Capital leads web3 dev tool provider Cubist's $7M raise (TB)
  • Digital Art Platform and Residency Program Wildxyz Raises $7M (Coindesk)
  • Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol (Cointelegraph | TB | Coindesk)

08 -$149M

  • Tim Draper joins EtherMail's advisory board, leads $4M raise (TB)
  • Crypto Payroll Startup Toku Raises $20M (Coindesk)
  • Pension Fund-Backed Parataxis Capital Shakes Off Crypto Winter With New Fund: $25M (Coindesk)
  • Transform Ventures launches holding company for blockchain with $100M AUM (Cointelegraph | Coindesk)

07 -$32.5M

  • Tensor — the 'Blur of Solana' — raises $3M in seed funding (TB)
  • Bitcoin investment platform Relai reaches $20 million valuation in new funding round of $4.5M (TB)
  • Serial entrepreneur and ex diplomat Trevor Traina raises $25M for 'goof-proof' web3 superapp (TB)

02 - $37.2M

  • NFT finance protocol Insrt raises $2.2M in SAFT round (TB)
  • Hosts of Bankless Podcast Raising $35M Crypto Venture Fund: Sources (Coindesk)

01 - $169.5M

  • Redeem raises $2.5M to transfer NFTs over text message (TB | Coindesk)
  • Impossible Cloud raises $7M to decentralize storage (TB)
  • China Blockchain Conflux Gains $10M Investment From DWF (Coindesk)
  • Fan Token Project Chiliz Sets Up $50M Incubator Backed by Jump Crypto (Coindesk | Cointelegraph)
  • Figment Capital seeks $50M for second venture fund (TB)
  • Provenance Blockchain Foundation announces $50M in grants for blockchain development (Cointelegraph)

Other News

  • Crypto slump leaves VCs eying startup bargains, but they're facing tighter pocket books (TB)
  • Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S. (Coindesk)
  • Orderly Network raises fresh funding at a flat token valuation of $200 million (TB)

How do you rate this article?

13


theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.