Funding Rounds


Finance

Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others

The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Finance

EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum

The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Tech

Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital

The fresh round of capital will be used to help launch Puffer’s mainnet.

Puffer fish (Stelio Puccinelli/Unsplash)

Finance

Crypto VC Firm Polychain Tops Up AI Platform Ritual's $25M Funding Round With 'Multimillion Dollar' Investment

Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence oligarchy

Polychain CEO Olaf Carlson-Wee (Danny Nelson/CoinDesk)

Finance

BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M

The fundraising round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management

BOB team (BOB)

Finance

Layer-1 Blockchain Peaq Raises $15M to Expand Its DePIN Ecosystem

Crypto market data provider Messari estimates that decentralized physical infrastructure networks could have a market value of $3.5 trillion by 2028.

two fingers adding a coin to one pile of coins among many

Finance

Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI

Tensorplex said decentralization can help prevent tech giants monopolizing artificial intelligence, making them prone to biases or censorship.

two fingers adding a coin to one pile of coins among many

Finance

Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors

Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Tech

Avail, an Ethereum Data Network to Rival Celestia, Raises $27M In Seed Round

The funds will be used to build out its three core products, "Avail DA," "Nexus" and "Fusion Security."

Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)

Web3

Web3 Gaming Company Saltwater Raises $5.5M Seed Funding

Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive

16:9 Saltwater (ahmadams1978/Pixabay)