Bitcoin staking platform Acre completed a $4 million strategic financing, with participation from Draper Dragon, Big Brain Holdings and Orange DAO. Acre co-founder and CEO Laura Wallendal said the round was in the form of a future equity simple agreement and token subscription rights, and Wallendal said the $90 million valuation represents a fully diluted valuation for the yet-to-be-launched ACRE token.
WalletConnect raised $4 million in a CoinList community round, which was oversubscribed. The community round attracted over 18,000 successful purchasers from over 100 countries, contributing to the growth and decentralization of the WalletConnect community. Registered participants pre-funded the purchase of $15.50 million, far exceeding the target fundraising amount of $4 million. Once transferability is achieved, 100% of token purchases in the community round will be fully vested and unlocked.
1.Defi.App Completion of 4 million USD financing; 2. FrodoBots completed 8 million USD financing; 3. DePIN agreement Teneo Protocol completed a seed round of financing of $3 million; 4. Stablecoin company Plasma completed a $24 million financing round, led by Framework Ventures.
Web3 development studio Mirai Labs has completed a $4 million seed round, led by Mechanism Capital, with participation from Oak Grove Ventures, Sophon Capital, Selini Capital, Bitscale Capital, Manifold, Rubik Capital, Protagonist, and Lhava. It is reported that Mirai Labs is developing a product called Partnr, which allows artificial intelligence agents to perform consumer-facing cryptographic tasks, such as managing wallets, while understanding users' needs over time.
StarkWare announced the launch of a $4 million venture capital fund to accelerate blockchain innovation in Africa, led by Kheireddine Kamal, with a single grant of up to $150,000 for efficient infrastructure projects built directly on Starknet or on Starknet Application Chain/L3.
AgriDex, a Solana-based tokenization platform, completed a $4 million strategic round led by Portal Ventures, with participation from Endeavour Ventures, Hawkwood Capital, HU Investments, FS Ventures, and Sycamore Gap Management Ltd. Company. Angel investors also participated in the round, including Tobechi Bolanle Taiwo of Palantir, Anna Yuan of Perena, and others.
Suilend, a decentralized lending protocol, announced the completion of a $4 million financing round led by Robot Ventures, with the participation of several venture capital institutions and angel investors. The project previously raised $2 million in February this year. Suilend founder Rooter said the fundraising will help the team stay afloat during a possible long-term bear market, ensuring sufficient funding for the next four years. Suilend plans to launch its new token, SAVE, in the coming d...
1. Fiamma completed a $4 million seed round of financing; 2.xAI has raised approximately $6 billion through equity financing; 3. Blockchain platform Haven1 completed 4.60 million USD financing; 4. Story Protocol-based AI company Sekai completed a $3.10 million seed round of financing; 5.DeFi.app completed a $2 million seed round led by Mechanism Capital.
1. OpenTrade, a stablecoin revenue product company, completed a $4 million financing; 2. OpenTrade announced the completion of a $4 million seed expansion round, led by AlbionVC.
OpenTrade, a stablecoin revenue product, completed a $4 million funding round led by AlbionVC, with participation from a16z Crypto and CMCC Global. "This funding enables us to continue our growth trajectory," David Sutter, OpenTrade's chief executive, said in a statement.