Weekly Financing Express | 18 projects were invested, with a total disclosed financing of about US$175 million (12.18-12.24)

星球日报

According to incomplete statistics from Odaily Planet Daily, a total of 18 Blockchain financing events at home and abroad were announced from December 18 to December 24, down from last week’s data (25), and the total disclosed financing was about $175 million, a significant decrease from last week’s data ($302 million).

Last week, the largest project was data center infrastructure company Akron Energy ($110 million), followed by Humanscape, a Blockchain-based Decentralization Patient Network ($15.34 million).

The following are the specific financing events (Note: 1. In order of the published amounts;2. Excludes fund raising and mergers and acquisitions;3. * For companies in the “traditional” sector whose business involves Blockchain):

一周融资速递 | 18家项目获投,已披露融资总额约1.75亿美元(12.18-12.24)

一周融资速递 | 18家项目获投,已披露融资总额约1.75亿美元(12.18-12.24)

Akron Energy raised $110 million, mainly to support U.S. Bitcoin miners

On December 22, data center infrastructure company Akron Energy closed a $110 million funding round led by Bluesky Capital Management with participation from Kestrel 0x 1, Nural Capital, and Florence Capital.

Decentralization patient network Humanscape completed a 20 billion won Series C+ financing round with participation from Hana Securities and others

On December 21, Humanscape, a Blockchain-based Decentralization Patient Network, closed a 20 billion won (about $15.34 million) Series C+ financing round with participation from the Development Bank of Korea, Hana Securities, and Asiana Ventures. So far, Humanscape’s Series C financing has reached 40 billion won (about 30.69 million US dollars), and the cumulative financing amount has increased to 75 billion won (about 57.54 million US dollars).

Humanscape is known to help patients overcome their illness through intellectual and emotional interactions based on community-based activities. The patient-generated health data on the platform PGHD dominates the exercise of the right to be fully vested in the patient.

Web3 fan platform Medallion closed a $13.7 million Series A funding round led by Dragonfly and Lightspeed Faction

On December 21, Web3 fan platform Medallion announced the closing of a $13.7 million Series A funding round co-led by Dragonfly and Lightspeed Faction. The platform provides an exclusive digital hub for artists to promote album releases, tour dates, and merchandise launches, while selling digital collectibles and sharing exclusive content to deepen their connection with fans.

This round of funding will be used to introduce new early access opportunities, such as pre-listening to unreleased music and providing pre-sale tickets, as well as other member benefits such as video premieres or updates. Artists will also be able to sell new exclusive and limited edition digital collectibles/Non-fungible Tokens, such as poster bundles and trading cards.

Tres Finance, a Web3 tax services company, has closed an $11 million Series A funding round

On December 20, Web3 tax startup Tres Finance closed an $11 million Series A funding round led by Lightspeed’s new fund, Faction, with participation from New Form, Boldstart Ventures, Cyber Fund, and Ambush Capital. This round brings the total amount raised by Tres to $18.6 million.

It is reported that Tres provides accounting, auditing, reporting, and other financial services to Web3 companies. Tres raised $7.6 million in seed funding in September 2022, led by Boldstart Ventures and Alchemy Ventures.

Web3 financial service company Fiat Republic closed a $7 million seed round with participation from Kraken Ventures and others

On December 19, Web3 Financial Service company Fiat Republic closed a $7 million seed round from Kraken Ventures, Fabric Ventures, Arca, Inovo.vc, and Pretiosum Ventures, as well as existing investors Speedinvest, Credo Ventures, and Seedcamp The new funds will be used to drive its growth and expansion, including strategic hiring, strengthening banking partnerships, and expanding into new areas.

Web3 InfrastructureWeb3 mine closed a $6 million seed round led by 1kx

On December 20, Web3 mine, a Web3 staking protocol that powers open access storage and computing networks, closed a $6 million seed round led by 1kx with participation from Protocol Labs, PL Ventures, and others. Web3 mine aims to enable the world to collectively align capital and hardware to build an open, high-performance, and resilient computing infrastructure for everyone.

Wynd Network closed a $3.5 million seed round led by Polychain Capital and Tribe Capital

On December 20, Wynd Network, a decentralization internet bandwidth monetization startup, announced the closing of a $3.5 million seed round led by Polychain Capital and Tribe Capital, with participation from Bitscale, Big Brain, Advisors Anonymous, Typhon V, and Mozaik, among others.

Wynd Network’s first product is Grass, a Decentralization Web Scraping Network designed to help businesses and nonprofits train artificial intelligence. The new funding will be used to enhance Grass’s technical infrastructure, expand its Node network, and refine its data validation process. Currently, Grass allows users to earn points by providing unused internet bandwidth through a web browser extension.

DM 2C Studio raises $2.3 million, led by Galaxy Interactive

On December 20, DMM Group’s DM 2C Studio closed a $2.3 million funding round through a Token Convertible Bond Sale, aiming to drive the global expansion of its Web3 business. The funding round was led by Galaxy Interactive, with participation from Shima Capital, Bitfinex, MARBLEX, SQUARE ENIX HOLDINGS, Planetarium Labs, Mask Network, and DeFimans.

Web3 cloud computing platform 4 EVERLAND closed a $2 million funding round with Arweave and others

On December 20, according to official news, Web3 cloud computing platform 4 EVERLAND completed a $2 million financing with the participation of Arweave, WaterDrip Capital, Bing Ventures, Forward Research, Web3.com Ventrues, Arweave SCP Ventures, GTS Ventures, Hillstone and other institutions.

It is reported that 4 EVERLAND is a Web3.0 infrastructure driven by Blockchain technology, integrating various DePIN protocols to provide developers with convenient, efficient and low-cost storage, network and computing capabilities. It is committed to helping developers smoothly migrate from Web2.0 to Web3.0 and build a user-friendly Web3.0 cloud computing platform.

Decentralization network Formless completed more than $2.2 million in Pre-Seed round financing, with participation from a16z and others

On December 20, Decentralization network Formless announced the completion of a pre-seed round of more than $2.2 million, with participation from a16z crypto, Contango Digital Assets, Polygon co-creator Sandeep Nailwal, Beacon Accelerator, WAGMIventures, MH Ventures, Knights Capital and others.

It is reported that Formless is a decentralization network and digital space that gives individuals the ability to connect, create, collaborate and share in a multi-person digital economy. According to Formless’ announcement on the X platform, the funding will be dedicated to the development of the SHARE protocol to power the next generation of products and experiences in the multiplayer digital economy.

KYNX announced a 50 BTC funding round with participation from Fairbit Venture, Nivana Capital and others

On December 22, KYNX announced a 50 BTC funding round with participation from Fairbit Venture, Nivana Capital, Dego, Alphacoin Fund, Vega Ventures, and Slush Fund.

KYNX uses the BRC-20 standard and multi-chain inscription technology to build a one-stop crypto asset management service. This round of funding will enable KYNX to develop its agency inscription execution services to provide customers with accurate, secure, and simple inscription manipulation solutions that simplify the user experience.

DID market aggregator GoDID closed a new funding round at a $30 million valuation, led by NGC

On December 20, DID market aggregator GoDID announced on Platform X that it had closed a new round of funding led by NGC for an undisclosed amount at a valuation of $30 million.

It is reported that GoDID provides various functions such as batch search, registration, transaction and management of various DIDs.

Rio Development announced the closing of a seed round of funding led by Polychain Capital and others

On December 18, Rio Development announced the closing of a seed round of funding, co-led by Polychain Capital, Blockchain Capital, and Breyer Capital, with an undisclosed amount.

It is reported that Rio Development provides liquidity re-staking services.

Swiss Blockchain micropayment startup Centi closes seed round

On December 20, Swiss Blockchain micropayment startup Centi announced the completion of a seed round led by Archblock and Bloomhaus Ventures, the exact amount of which has not been disclosed.
Centi mainly uses Blockchain technology to solve the inefficiency and lack of financial inclusion of micropayments, while providing innovative payment solutions based on Stable Coin technology.

Non-fungible token platform Moove Protocol closed a seed round led by Morningstar Ventures

On December 21, Moove Protocol, an non-fungible token platform jointly launched by Two 3 Labs and CowCow, announced the completion of a seed round led by Morningstar Ventures, ZBS Capital, Alpha Protocol Ventures, Let’s Go Ventures, NXGen, Antiga Capital, and famous angel investor Vijay Pravin Maharajan (bitsCrunch) participated.

Tether participated in the Series A funding round of Academy of Digital Industries, an education platform

On December 23, according to official news, Tether announced that it had made an investment in Academy of Digital Industries’ Series A funding round, the exact amount of which has not been disclosed.
Academy of Digital Industries is a progressive education platform based in Georgia that offers digital course training and masterclasses. This investment will be ongoing with long-term financial assistance to build and advance digital education, offering a wide range of digital and traditional courses.

TON ecological Launchpad platform TonUP completed a PE round round of financing, with participation from Antalpha and others

On December 23, TonUP announced the completion of a private PE round on the X platform, which was funded by Antalpha, MEXC Venture, Waterdrip Capital, New Tribe Capital, nxgen Capital, MixMarvel DAO Venture, and y 2 z Venture The specific financing amount has not been disclosed, and this round of financing funds will be used to support product research and development and the expansion of multiple markets.

OneDegree, a Hong Kong-based digital asset insurer, has received a strategic investment from Dubai Insurance, raising a total of nearly US$100 million

On December 22, OneDegree, a Hong Kong-based digital asset insurer, received an undisclosed strategic investment from Dubai Insurance. OneDegree co-founder and CEO Alvin Kwock said in a video interview in Dubai that the investment follows a $55 million Series B funding round in June. He added that this brings OneDegree’s total funding to nearly $100 million.

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