Dates: 16 December 2024 – 22 December 2024. This week’s notable funding rounds according to Coinfactiva.com’s research:
Riot Secures $594.4M
Riot, a Texas-based Bitcoin mining leader, raised $594.4M. It operates North America’s largest Bitcoin facility. By blending finance and energy, Riot advances Bitcoin’s value and improves power generation capabilities.
Pre-Seed and Seed Rounds
BitDCA (Littlebit): $2M
This Prague-based app simplifies Bitcoin savings using dollar-cost averaging (DCA). Users buy Bitcoin with everyday card transactions.
Silencio: $2.5M
Silencio’s community network tackles noise pollution via user-provided noise data. It rewards contributors and supports industries like real estate and government.
Fraction AI: $6M
Fraction AI uses blockchain to create labeled datasets for AI training. Data quality is ensured through a reputation-based system, rewarding contributors.
Promeet: $3.1M
Promeet helps creators host and monetize live events with blockchain-powered payments, fostering audience engagement and earnings.
Juicyway: $3M
This financial platform offers multi-currency accounts, seamless exchanges, and digital asset trading with compliance and transparent fees.
Other Investment Highlights
DuckChain: $5M
DuckChain connects The Open Network (TON) with global crypto ecosystems, enabling Ethereum-compatible smart contracts.
Beam: $250K
Beam provides blockchain tools for game developers, enhancing Web3 gaming experiences and developer capabilities.
CELL Studio (UTXO Stack): Undisclosed
This platform supports Bitcoin Layer 2 scalability with parallel chains secured by BTC and other assets.
Kettle: $4M
Kettle offers a marketplace for trading luxury watches with authentication, insurance, and secure storage.
Flock: $3M
Flock enables privacy-focused decentralized AI through federated learning, fostering innovation in machine learning.
Derive: $500K
Derive creates programmable on-chain options and futures, leveraging Ethereum rollup technology for secure, efficient trading.
Strategic and Series Funding
Lens Protocol: $31M
Lens enables decentralized social media on Polygon, allowing creators to own content and connections.
Masa: Undisclosed
Masa builds a decentralized Zk-data marketplace, creating privacy-focused solutions for personal data and analytics.
Hexagate: Undisclosed
Hexagate strengthens Web3 security with real-time threat prevention for digital assets and smart contracts.
Plume Network: $20M
Plume scales real-world assets (RWAs) with compliance-focused infrastructure and low-cost blockchain transactions.
BVNK: $50M
BVNK bridges traditional banking with blockchain, enabling faster global money movement through stablecoin infrastructure.
Additional Developments
Fuel Network: $4.5M
Fuel delivers fast blockchain scalability with modular execution technology for developers.
Andrena: $2.5M
Andrena uses blockchain for decentralized internet, expanding broadband access to underserved areas.
DexCheck AI: Undisclosed
DexCheck provides AI-driven insights for crypto and NFT traders, including real-time analytics and wallet tracking.
Stay updated on the evolving crypto fundraising landscape as innovation accelerates across industries.