Written by: Xiaobai Navigation Coderworld

According to RootData data, between December 11 and December 17, 34BlockchainThe startup announced that it had raised about $325 million in funding.

Projects with financing of more than $5 million include:

1. Web3 Identity Startups Dynamic Completed financing of US$13.5 million;

2.Andalusia LabsAnnounced the completion of USD 48 million Series A financing;

3. Bitcoin rebate platform Lolli Completed USD 8 million in Series B financing;

4. NFT startups Metagood Announced the completion of a $5 million seed round of financing;

5. UAE Blockchain Game StudioFarcanaCompleted US$10 million seed round of financing.

Highlight Projects

Molecule

IntroductionMolecule is a decentralized biotechnology protocol that builds a web3 Market. Molecule is aBlockchainThe funding marketplace connects patients, biotech companies or investors with scientists to drive the development of an open research market. It funds research on longevity, hair regeneration, autophagy and Alzheimer's.

Investment institutions:DeSci ProjectMoleculeReceived a $1 million investment commitment from Sora Ventures.

Features:

1.BinanceFounder CZ and Coinbase CEO is researching the Desci field;

2. Molecule creates hybrid legal intelligencecontractNarrative IP-NFT, the IP-NFT protocol brings the rights of intellectual property and R&D data to the chain, unifying the legal rights, data access and economy of research projects into a cryptographic token on Ethereum.Tokenmiddle;

3. Molecule enables patient collectives and drug developersDAOAbility to maintain, manage, and interact with real-world intellectual property.

NodeKit

Introduction：NodeKit is building a shared sorter Layer1 network SEQ, which aims to provide Rollup with greater robustness, uptime, and interoperability. SEQ's testnet is scheduled to launch in 2024, and the mainnet will be released later.

Investment institutions： SEQ development team based on AvalancheNodeKitCompleted US$1.2 million Pre-Seed round of financing, led by Borderless Capital, with participation from Avalanche Blizzard Fund, Polygon Ventures and Wormhole Cross-Chain Ecosystem Fund.

Features:

1. Its design supports various data availability layers, such as Celestia.

2. The NodeKit team consists of three co-founders, aged 21, 21, and 20. All three dropped out of college in the Midwest to pursue NodeKit and Web3.

3. As part of the Avalanche ecosystem, SEQ can be used as a standaloneBlockchainor subnet operation.

Tap Protocol

Introduction：Tap Protocol is a project promoted by Trac Systems, a German startup. Tap Protocol provides a range of functions, including the segmentation of inscriptions and the enabling of DeFi applications on inscriptions. The protocol is designed to discover and track ordinals and promote OrdFi applications without the need for a complex Layer 2 layer.

Investment institutions：Bitcoin ecological projectTap ProtocolThe company has completed a financing of US$4.2 million, led by Sora Ventures, with participation from LD Capital, Cypher Capital, Rw3, Oak Grove Capital, Perock Capital, Kosmos Ventures, New Tribe Capital, Cogitent Ventures, Compute Ventures, MSA Novo and other angel investors including Animoca Brands executives and Quantstamp executives.

Features:

1. Developers can integrate according to the Tap documentation, such as expanding development around staking and trading.

2. TAP’s practical functions include exploring new ways of DeFi within Ordinals and enabling third parties to issueToken. Application scenarios include: games, bridging, swap, staking, multi-send/airdrop, etc.

3.TAP将为在PIPE上工作的创作者提供治理、投票权、拨款和激励。TAP Protocol将通过治理模型演进：$TRAC代币持有人将有机会投票，选择集成到TAP Protocol中的创新功能。

The following is the specific financing information of each race belt:

Bitcoin Ecology

Bitcoin Ordinals Lending Solution Liquidium 完成 125 万美元 Pre-Seed 轮融资，Bitcoin Frontier Fund、Side Door Ventures、Actai Ventures、Sora Ventures、Spicy Capital、UTXO Management 等参投。据悉，Liquidium 是一种专门在比特币Blockchain上运行的 P2P 借贷协议，支持用户使用原生序数铭文作为抵押品借出和借入原生比特币。

BTC Ecosystem Stablecoin ProtocolbitSmileyAnnounced the completion of the first round of financing, with OKX Ventures and ABCDE jointly leading the investment. bitSmiley is the first BTC ecological stablecoin protocol to receive institutional investment. The protocol allows users to mint stablecoin bitUSD by over-collateralizing native BTC on the BTC network. At the same time, bitSmiley also includes lending and derivatives protocols, aiming to provide a new financial ecosystem for Bitcoin. In addition, bitSmiley was selected as a high-quality project in the BTC hackathon jointly held by ABCDE and OKX Ventures in November this year.

Bitcoin Rebate Platform Lolli Completed $8 million in Series B financing, led by BITKRAFT Ventures, with participation from Sfermion, Ulta Beauty's Prisma Ventures, Hypersphere Ventures, ZebPay CEO Rahul Pagidipati, 2 Punks Capital, MZ Web3 Fund, Seven Seven Six, etc. The new funds will be used toexchange, neobanks, banks, payment companies and browsers to launch Lolli’s rewards program.

Bitcoin Ecosystem ProjectTap ProtocolA financing of US$4.2 million has been completed, led by Sora Ventures, with participation from LD Capital, Cypher Capital, Rw3, Oak Grove Capital, Perock Capital, Kosmos Ventures, New Tribe Capital, Cogitent Ventures, Compute Ventures, MSA Novo and other institutions, as well as angel investors such as Animoca Brands executives and Quantstamp executives. Tap Protocol provides a range of features, including the segmentation of inscriptions and enabling DeFi applications on inscriptions. The protocol is designed to discover and track ordinals and promote OrdFi applications without the need for a complex Layer2 layer.

DeFi

Decentralized Derivatives Infrastructure EthosX Announced the completion of a new round of financing of US$1.8 million, with investors including Y Combinator, Franklin Templeton, Ascensive Assets, Emurgo Ventures, Stacker VC, Sudo Research, etc. Founded in 2022 by Deepanshu, former vice president of global derivatives clearing business at JPMorgan Chase, EthosX is a selected team of Binance Labs' sixth season MVB accelerator program, mainly providing automated and non-custodial clearing and settlement services for financial derivatives.

Decentralized governance infrastructure on the Polkadot ecosystemora FactoryAnnounced that a new round of strategic investment has been completed, led by Dao5, followed by seven other investors including Singapore Huang Poa Digital. Dora Factory plans to use this investment to improve its public chain pledge products and governance application chain "Dora Botta". Dora Factory also plans to launch a round of financing for contributors to the Cosmos ecosystem based on Dora Bota.

Japanese Stablecoin Technology Provider GUGroup Completed 420 million yen (about 2.9 million US dollars) in financing, led by Japanese investment institution B Dash Ventures. GUGroup also raised part of the funds by selling tokens to some overseas investors.

Layer2

Bitget announces support for Ethereum Layer2 blockchainMorphMorph uses innovative Roll-up technology, combining Optimistic and ZK Rollups to provide cost-effective,SafetyThe exact terms of the investment were not disclosed.

Layer 2 solutions built on the Ethereum network Enphyr Announced the completion of a $1 million seed round of financing at a valuation of $10 million, led by Waveslab Ventures. This round of financing will be used to expand the team, expand strategic partnerships, and strengthen engineering plans to promote the development of protocol infrastructure and realize more use cases.

DePin

Decentralized Physical Infrastructure Network (DePIN) HivelloAnnounced the completion of a $1 million pre-seed round of financing, with participation from NGC, Blockchain Founders Fund, Side Door Ventures, IDG, Bing Ventures, MEXC Exchange, XT.com Exchange, Genesis Block and NxGen. Hivello is led by the co-founder of Banxa and is committed to meeting the needs of blockchain applications by building decentralized infrastructure. It plans to integrate 100 DePINs in the next 12 months to provide wider availability for decentralized services.

DeSci

DeSci ProjectMoleculeAnnounced that it has received a $1 million investment commitment from Sora Ventures. The goal is to expand DeSci's integration into the Asian market, with the goal of transcending physical boundaries and cultivating a culture of objective science and intellectual property sharing.

game

Web3 Entertainment Platform MATR1XAnnounced the completion of A2+ round of financing, in which OKX Ventures was the only investor.

Crypto startup S focuses on DeFi and gamespielworksCompleted strategic financing, with participation from Swiss non-profit organization The Hashgraph Association (THA), with the specific amount not yet disclosed. Spielworks will use the funds from this round of financing to acquire the NFT one-stop platform Atomic Hub, while accelerating the use of Hedera's high-performance open source public ledger to expand its Web3 game ecosystem business and reduce transaction fees for blockchain game players. The Hashgraph Association will also provide Spielworks with support in game business distribution and development, commercialization, and future financing.

UAE Blockchain Game StudioFarcanaCompleted a $10 million seed round of financing, with Animoca Brands, Polygon Ventures, Fenbushi Capital, Rarestone Capital, MMPro Trust, Unpopular Ventures, Kapo Capital, Emchain, Hasu Capital, Dravus Investment and others participating to further develop its third-person multiplayer shooter game. The Farcana team's advisors include G2 Esports founder and former CEO Carlos "Ocelote" Rodriguez. The team is located in the Middle East and North Africa region and has previously cooperated with the Dubai Economy and Tourism Department to hold a Farcana pre-development game test at the Dubai Esports Festival in June 2023.

application

Web3 Learning andmake moneyplatformIntractAnnounced the completion of a $3 million financing round, led by Alpha Wave Global, BITKRAFT Ventures and Gumi Cryptos, with participation from Polygon Ventures, Tokentus, MoonPay, Web3 Studios, etc. Intract plans to launch its Academy in 2024, a platform designed for exploringweb3A curated learning experience designed for web2 users, and an Intract internal economy where users can interact with their peers through the future decentralized network.

Web3 Social Platform Seam Social Completed US$2.5 million in seed round financing, led by 1kx, with participation from Seed Club, Sfermion, f7 Ventures, Social Graph Ventures, etc. The funds raised will be used to build a market, attract developers to create new mini-applications, launch mobile applications, and expand the team to create customizable and user-owned social media.

Web3 Social Platform/ReachAnnounced the completion of a $1 million seed round of financing, investors include Seedphrase, Zeneca, Pranksy, Gmoney, Dingaling, Mooncat2878 and other public figures. The company's co-founders L'anamour and 8an said they aim to change Twitter as a cryptoCommunityCurrent status of the center. /Reach hopes to use social finance innovation to solve some outstanding problems of social media platforms.

NFT Platform

BitJungle announces strategic investmentNFTScan, and officially launched investment business for blockchain infrastructure.

Line's NFT subsidiary Line Next announced that it has received $140 million in investment from private equity fund operator Crescendo Equity Partners and its consortium, which is the largest investment in the blockchain and Web3 fields in Asia this year. Line Next plans to use this round of financing to promote the popularization of Web3, expand its global platform business, and develop new services, including the global NFT platform to be launched in January next year.DOSI, as well as social applications and Web3 games based on artificial intelligence technology.

NFT SustainabilitycontractTrading PlatformnftperpCompleted a $3 million Series A financing, led by 1kx, with participation from Maven 11, Mechanism Capital, and angel investors Spencer of Spencer Ventures, Gmoney, David Choi of MetaStreet, Nick Emmons of Upshot, and Jonathan Gabler of NFTfi. In addition,nftperp announced that its v2 version will be launched soon.

NFT Startups Metagood Announced the completion of a $5 million seed round of financing, led by Sora Ventures and ACTAI Ventures, Bitcoin Frontier Fund, Bitcoin Magazine Fund, London Real Ventures and Peach.xyz participated in the investment. The new funds will fund Osura's new technology and product development and marketing, and promote cooperation with artists.

Music NFT platform Sound.xyz announces acquisition of digital collector platformSohoThe entire Soho team will join Sound, with Omid Aziz taking on the role of Chief Technology Officer (CTO).

infrastructure

The first AI data infrastructureAIT ProtocolAnnounced the completion of a new round of financing, with Morningstar Ventures, Maven Capital, Contango Digital Assets, Momentum 6, Megala Ventures and others participating. Aims to use artificial intelligence to innovate Web3 by investing resources in data annotation and training of artificial intelligence models.

Web3 Identity Startups Dynamic Completed $13.5 million in financing, led by a16z and Founders Fund. Most of the new funds will be used to recruit engineers, marketing, etc. Dynamic Labs' clients include NFT company Doodles and blockchain analysis platform Flooz.

Andalusia LabsAnnounced the completion of a $48 million Series A financing round led by Lightspeed Venture Partners, with participation from Mubadala Capital, Pantera Capital, Framework Ventures, Bain Capital Ventures and Digital Currency Group. This round of funds will be used for product development and team expansion. The company has three product lines:L2; Crypto risk management market Subsea, institutional platform Watchtower.

SEQ development team based on AvalancheNodeKitAnnounced the completion of a $1.2 million Pre-Seed round of financing, led by Borderless Capital, with participation from Avalanche Blizzard Fund, Polygon Ventures, and Wormhole Cross-Chain Ecosystem Fund. SEQ is a shared sorter Layer1 network that will help Rollup chains start and decentralize their transaction sorting. SEQ will operate as an independent blockchain or subnet in the Avalanche ecosystem.

Data-driven Web3 influencer network Aki Network Completed Series A financing with a valuation of US$50 million. This round of financing was led by South Korean Web3 game platform MARBLEX and a Japanese venture capital company, and investors included Puzzle Ventures, etc. Aki Protocol said it plans to conduct multiple rounds of AKI token airdrops.

other

Digital assets authorized by the UK FCAexchangeGFO-XAnnounced the completion of a $30 million Series B financing round, led by M&G Investments, which will join the board of directors of Global Futures and Options Holdings. This strategic investment will fund GFO-X's upcoming products and support future innovations in the field of compliant digital assets, thereby enhancing market credibility.

BlockchainSafetysolutionHacklessCompleted a private equity round of financing of US$1.2 million.DAO Maker, InXiaobai NavigationSignius Capital, Cosima Capital, DeltaHub Capital, Factial and Halvings Capital participated in the investment. Hackless mainly provides blockchain in the fields of digital assets and DeFi.SafetyServices, the new funds will be used to promote itsSafetyRapid development of solutions Wallet Rescue and Sentinel.

Programmable Money StartupsPave BankPave Bank announced the completion of a $5.2 million financing and the acquisition of a digital commercial bank license in Georgia. In addition to multi-currency operating accounts and global payment connections, Pave Bank also promises to provide businesses with a regulated platform for trading stablecoins, central bank digital currencies, and tokenized real-world assets. The startup was founded by experienced banking and fintech executives Salim Dhanani (CEO), Simon Vans-Colina (CTO), and Dmitry Bocharov (COO).

Web3 TechnologiesBLOCKSMITHCompleted the second round of angel round financing, with MZ Web3 Fund and SAKURA UNITED PLATFORM participating. The funds will be used for product development and R&D.

Web3 investment firm Cipholio Ventures announced that it will invest in Hong Kong mainstream mediaMeta Era进行战略投资，并共同致力于线上及线下Web3科普推广。Meta Era 是立足于香港的Web3.0资源聚合器，已与数百家投资机构，web3企业及业内媒体、CommunityCooperation has been established.

Bitcoin miners based in ArgentinaUnblock Globalannounced that it has secured $15 million in funding to mine Bitcoin using natural gas from Vaca Muerta, the world’s second-largest shale gas reserve.

The article comes from the Internet:Financing Weekly Report: 34 rounds of financing raised US$325 million, and the Bitcoin ecosystem is becoming more and more eye-catching

Related recommendation: Dialogue with Houston Harpp: How to easily create attractive Web3 Products?

By using the products I designed, I truly understandcryptocurrencyThe complexity of transactions and the nature of similar products. Author: Yujing Houston Harpp, Founder of 021, Product Designer, has a front-end development background and more than 15 years of work experience. He focuses on building initial MVPs for early-stage startups and providing support…