Dates: 17 June 2024 – 23 June 2024. This week’s notable funding rounds according to CoinFactiva.com’s research:
Renzo raised $17M from Brevan Howard Digital, Galaxy Digital, Maven 11 Capital, and others. Renzo, based on EigenLayer, simplifies Ethereum restaking, allowing users to deposit ether or liquid staking tokens for ezETH, a liquid restaking token (LRT) usable in DeFi. With its beta mainnet launched, Renzo aims to support more blockchains, including Layer 2 and other Layer 1 networks.
Particle Network raised $15M from The Spartan Group, gumi Cryptos Capital, SevenX Ventures, and others. The platform offers Web3 data and development solutions, including a login and wallet middleware for integrating user-friendly web3 authentication into decentralized applications.
Sonic secured $12M from BITKRAFT Ventures, Galaxy Interactive, Big Brain Holdings, and others. Sonic is the first atomic SVM chain for sovereign game economies on Solana, offering a fast, low-cost on-chain game experience.
Gudchain raised $5M from Mechanism Capital, Morningstar Ventures, Manifold, and SkyVision Capital. Gudchain advances gaming by eliminating entry barriers, enabling developers to launch frictionless web3 games that integrate virtual and real-world economies.
ZKX raised $3.1M from Flowdesk, Global Coin Research, and Dewhales Capital. ZKX is the first permissionless derivatives trading protocol built on StarkNet, leveraging ZK rollups.
Wasabi raised $3M from Electric Capital, Alliance DAO, Memeland, and others. Wasabi is a DeFi protocol for leverage trading of memecoins and NFTs, designed for efficient price discovery on long-tail assets.
Zeek Network secured $3M from OKX Ventures, Animoca Brands, Mask Network, and others. Zeek is a decentralized collaboration economy incentivizing reputation through social bounties called “Wishes.” The platform’s reputation layer, “Rizz,” can be monetized and used to measure credibility, reliability, and influence.
Bitwise raised $2.5M in a Seed funding round. Bitwise is a crypto asset management firm renowned for managing the world’s largest crypto index fund. It offers pioneering investment products that cover Bitcoin, Ethereum, DeFi, and crypto-focused equity indexes.
Farworld Labs raised $1.8M from Lemniscap and Variant Fund. Farworld Labs is developing Farcade, a platform for creating crypto-native games integrated with decentralized social media, allowing games to be played instantly within social media feeds.
Ordinox raised $1M from DACM, CMS, UTXO Management, and others. Ordinox is a DeFi app-chain using Tendermint, Cosmos-SDK, and GG20 TSS, enabling decentralized exchange of assets between Bitcoin and EVM networks without central intermediaries.
Artfi raised $80K in a public sale. Artfi democratizes investing in high-value artworks through fractionalization and blockchain technology, allowing retail investors to own and trade fractions of prominent artworks via NFTs.
Rango Exchange raised an undisclosed amount from Binance Labs Fund, Nomad Capital, and Foresight Ventures. Rango is a multi-chain super aggregator for DEXs and bridges, offering fast, cheap, and secure routes for crypto transactions.
Router Protocol raised an undisclosed amount from Wintermute, Banter Capital, Luganodes, and others. It is a cross-chain messaging protocol enabling seamless blockchain communication with products like Voyager and CrossTalk.
