Ethereum Layer 2 project Enphyr completed a US$1 million seed round of financing at a valuation of US$10 million, led by Waveslab Ventures
On December 13th, the Ethereum Layer 2 project Enphyr completed a $1 million seed round of financing with a valuation of $10 million. This round of financing was led by Waveslab Ventures with participation from several individual investors.
Social platform Seam completes US$2.5 million in seed round financing, led by 1kx
Social platform Seam has announced the completion of a $2.5 million seed round of financing, with 1kx leading the investment and Seed Club Ventures, Sfermion, F7 Ventures, Social Graph Ventures, and other angel investors participating. Seam allows users to code, design, and plan their ideal social spaces online. Seam Social co-founder Nick Confrey said: "By transforming the business model of social media from a common advertising model to a user-owned and generated market, we will inspire people to create more interesting and expressive experiences. Ultimately, users can redefine the internet, making Seam a customizable social network."
BNB Chain ecological liquidity market THENA received a strategic investment of US$600,000 from Orbs Network
According to official sources on December 9th, BNB Chain ecological liquidity market THENA received a strategic investment of $600,000 from Orbs Network. THENA stated that this investment is a recognition of their vision and potential, and perfectly aligns with their goal of working with like-minded builders and innovators. THENA's construction of innovative products will change the DEX landscape on the BNB chain.
Digital asset brokerage company Nonco completed US$10 million in financing, led by Valor Capital and Hack VC
On December 9th, digital asset brokerage company Nonco completed a $10 million seed round of financing, led by Valor Capital Group and Hack VC, with participation from Morgan Creek Digital, CMCC, Lvna Capital, Theta Capital, Bullish, Bastion Trading and Libra Capital Ventures.<br>It is reported that the company was spun off from OSL Digital Limited, the American division of Hong Kong digital asset platform OSL, and is composed of the same team. OSL retains a minority stake in the new company. Since its launch in April, the company's trading volume in the Americas has reached $6 billion.
Gaming startup Gacha Monsters raises $3 million in seed round led by Animoca Brands
According to Techinasia, Japanese entertainment and gaming startup Gacha Monsters has completed a $3 million seed round of financing, led by Animoca Brands, with participation from Infinity Ventures Crypto, FBG, and Big Time Games.<br>It is reported that the company is led by Jia Shen, a game developer who has developed games such as "Pokémon Medallion", "Battle Cats", and the international version of "Disney Tsum Tsum". Gacha Monsters' first self-developed game is <a href="https://poglin.com/" target="_blank">Poglin</a>, and its goal is to launch the alpha version of Poglin game in the first quarter of 2024. The company plans to develop Poglin into a multimedia IP that covers anime, games, Web3, and physical goods.
Mocaverse completed a new round of financing of US$11.88 million, with participation from OKX Ventures and others
On December 8th, Animoca Brands' NFT series Mocaverse announced that it has completed a second round of financing of $11.88 million, with participation from Block1, OKX Ventures, Foresight Ventures, Polygon Ventures, Dapper Labs, and others. As of now, Mocaverse's total financing has reached $31.88 million, and the new funds will be used to promote Mocaverse's establishment of a digital identity and scoring system for Web3 games, culture, and entertainment.
Zero-knowledge platform Sindri completes US$5 million in seed round financing
Zero-knowledge infrastructure platform Sindri has raised $5 million in seed funding led by CoinFund. Sindri will use the latest funding to expand its team, expand its developer network, and build a comprehensive zero-knowledge-based developer stack.<br>Previously, the project received $2 million in seed funding in June 2022. Sindri enables developers to verify data through zero-knowledge proofs and use it for research use cases and blockchain applications.
DeFi platform Curvance completed US$3.6 million in seed round financing, with participation from Offchain Labs, Wormhole and others
On December 5th, DeFi platform Curvance announced the completion of a $3.6 million seed round financing, with participation from Offchain Labs, the developer of Arbitrum, Wormhole, and angel investors including Sandeep Nailwal, co-founder of Polygon. Curvance plans to use this funding to expand operations, support security audits, and recruit top talent in the DeFi market.<br>Curvance is a comprehensive service for the full-chain currency market, offering services for yield, LSDfi, tokenized treasury bills, and original assets.
Crypto data platform Shadow raises $9 million in seed round
Shadow, a startup company in the encrypted data platform, has raised $9 million in seed funding led by Paradigm, with other investors including Coinbase Ventures, Electric Capital, Ethereum Foundation, Uniswap, and Flashbots. In addition to contract optimization and data ergonomics, the platform can also be used to help solve problems often encountered by on-chain analysts and researchers, including insufficient events.
DePIN provider Grove raises $7.9 million in funding
Decentralized physical infrastructure provider Grove (formerly Pocket Network) has raised $7.9 million from Avon Ventures, Placeholder Capital, and Druid Ventures, all of which are under Fidelity. Grove will use the funds to establish new partnerships and promote the mainstream adoption of DePIN.
