Avantis secures 100mb Seed Fund for innovative SANGA Digital Asset Tokenisation Platform
June 28 (Cointime) - Aavantis has successfully raised approximately 100 million baht in a Series A funding round, with Jaymart's J Ventures Company Limited (JVC) and Rende Development Company Limited leading the investment. With this significant capital infusion, Avantis aims to revolutionise the property business development ecosystem by introducing a groundbreaking digital asset tokenisation platform called SANGA.
RENATUS ROBOTICS Inc. Announces $2 Million in Seed Funding
June 28 (Cointime) -RENATUS ROBOTICS Inc., a logistics startup, has announced the successful closing of its initial seed round. The company secured $2 million in funding from e-commerce logistics company e-LogiT co., ltd. and CVC fund Dawn Capital. This key funding milestone is a testament to the industry's faith in RENATUS ROBOTICS' groundbreaking vision to revolutionize logistics through its end-to-end automation technologies starting with their automated robot storage system RENATUS. The company's eventual goal is to create a fully unmanned and autonomous logistics network under its motto, "Toward a Creative Society."
Mythical Games Raises $37 Million in Series C Extension Round Led by Scytale Digital
June 27 (Cointime) - Mythical Games, a Web3 gaming studio, has raised $37 million in funding for the first part of a Series C extension round led by Scytale Digital. Prominent investors such as ARK Invest, Andreessen Horowitz, and Animoca Brands also participated.
Finnish Entrepreneur's Web3 Startup Secures €1M from a Norwegian Entrepreneur
June 26 (Cointime) -Finnish entrepreneur Kimmo Nurmisto's startup, SPYCE.5, has received a significant boost with €1 million in funding from Norwegian entrepreneur David Sønstebø. The investment provides the necessary financial resources for SPYCE.5 to expand its team and further develop its enterprise-ready, modular Web3 plug & play platform. SPYCE.5 aims to make sustainable Blockchain and Web3 infrastructure, data, and digital identity accessible and easy to use for everyone.
Drest Raises £15M in Funding to Develop DREST Game 2.0 and Expand into Gaming, Media, Data, and Ecommerce
June 22 (Cointime) - London-based mobile fashion styling game company, Drest, has raised £15 million in funding led by Graham Edwards. The company plans to use the funds to develop its new product proposition, DREST Game 2.0, and expand across gaming, media, data, and ecommerce.
Binance Labs Incubation Program Invests in Five Promising Web3 Projects
June 20 (Cointime) - Binance's venture capital and incubation arm, Binance Labs, has invested in the five best-performing projects of Season 5 of its Incubation Program. More than 900 projects applied for participation this season, with less than 2%of them being admitted into the program. The curriculum was tailored to meet founder needs and enhanced with exclusive ecosystem resources and fireside chats with market leaders.
Privacy-Centric DeFi Infrastructure Provider Portal Gate Raises $1.1M in Seed Funding to Build Compliant and Efficient On-Chain Trading for Institutions
June 20 (Cointime) - Privacy-centric DeFi Infrastructure Provider Portal Gate Closes $1.1M Seed Funding Round, Led by Apollo Crypto, to Build Compliant and Efficient On-Chain Trading for Institutions. Portal Gate's mission is to build compliant and private DeFi infrastructure to facilitate more efficient on-chain trading for institutions.
Insurtech Startup Breach Raises Funding To Launch Bermuda Insurance Carrier for Cryptocurrency Market
Insurtech startup Breach, based in Boston, has secured an undisclosed amount of funding in a round led by RW3 and LightShed Ventures, with participation from several other investors.
GameOn Raises $1.7M in Funding for Fantasy Sports Platform and Major League IP Acquisition
June 15 (Cointime) - Vancouver-based fantasy sports platform provider GameOn has secured $1.7m in funding from a series of convertible notes led by Lightning Capital and a non-dilutive grant from the Flow Ecosystem Fund. The investment will be used to accelerate the PLAYN3XT platform and acquire major league IP partners.
Bitcoin Nonprofit Brink Receives $5 Million Funding from Jack Dorsey's Smart Small Initiative for Independent Bitcoin Developers
June 15 (Cointime) - Brink, a Bitcoin nonprofit, has received $5 million in funding from Jack Dorsey's Smart Small initiative to support independent Bitcoin developers. The money will be used to sustain existing Bitcoin developer grantees and potentially add new qualified grant applicants.
