Dates: 5 Feb 2024 – 11 Feb 2024 This week’s most impressive capital infusion:
This week’s funding scene saw Oobit, a revolutionary mobile payments app, raise a massive $25M in a Series A funding round from big names like Tether, Titan Fund, Anatoly Yakovenko, and 468 Capital. But that wasn’t the only highlight of the week as several other startups also made a splash in the funding world.
FuzzLand, a leading open-source initiative focused on smart contract security, secured $3M in a Seed funding round from 1kx, Hashkey Capital, SNZ Holding, Panga Capital, Dedaub, and GoPlus Security. Their innovative tools, including the Blaz platform, are set to revolutionize the Web3 space and make it more secure for users.
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Meanwhile, YogaPetz, a decentralized wellness ecosystem integrating NFTs, yoga, and community, raised $5M in a Seed funding round from Animoca Brands, Newman Capital, and Soul Capital. Their goal is to promote healthy habits and community engagement in the Web3 world through their unique platform.
Coala Pay, a platform simplifying international aid with the use of smart contracts, raised $815K in a Pre-seed funding round from Lattice Fund, Factor Capital, CV Labs, and The Batchery. Their mission is to make aid activities more efficient and transparent through their grants proposal marketplace.
DEXTools, a DeFi trading app with over 15 million monthly users, raised an undisclosed amount in a Seed funding round from OKX Ventures. Their user-friendly platform aims to enhance trading experiences and simplify cryptocurrency trading for users worldwide.
Superform Labs, a permissionless cross-chain yield marketplace for DeFi protocols, raised $6.5M in a Seed funding round from Polychain Capital, BlockTower Capital, Maven 11 Capital, Circle Ventures, and several other notable investors. Their platform aims to provide a seamless yield management experience for users.
In the world of Ethereum, Flood, a DEX aggregator, raised $5.2M in a Seed funding round from Bain Capital Crypto, Archetype, and Robot Ventures. Their intent-based model and gasless trading options make them a popular choice for traders.
Carbcoin, the world’s first digital carbon offsetting exchange platform, raised an undisclosed amount in a Seed funding round from Amber Group and Chuangyi Capital. Their blockchain-based platform incentivizes sustainable practices and promotes green energy.
GLIF, a key contributor to the Filecoin network, raised $4.5M in a Seed funding round from Multicoin Capital, Zee Prime Capital, and several other prominent investors. Their contributions to the network, including the introduction of GLIF Pools, have made them a vital part of the Filecoin ecosystem.
LightLink, an Ethereum Layer 2 blockchain, raised $4.5M in a Seed funding round from T&B Media Global, MQDC (Magnolia Quality Development Corporation Limited), JellyC, and several other investors. Their Enterprise Mode offers fixed-fee subscriptions, making high-throughput transactions possible for DeFi and dApps.
Kodiak Finance, the native liquidity hub on Berachain, raised $2M in a Seed funding round from a long list of investors, including Lemniscap. Their innovative features, like Kodiak Islands, make them the go-to DEX for the Berachain community.
Last but not least, LN Markets, a Bitcoin derivatives trading platform accessible through the Lightning Network, raised an undisclosed amount in a Seed funding round from Lemniscap. As the first instant settlement Bitcoin trading platform, they offer quick and seamless trading directly from Lightning wallets.
