Funding Rounds


Pananalapi

Crypto Accounting and Tax Reporting Platform TRES Raises $11M to Add New Blockchains

TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across more than 100 layer-1 and layer 2-blockchain networks.

The TRES team (TRES)

Pananalapi

Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol

The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.

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

Pananalapi

Decentralized Infrastructure Provider Grove Raises $7.9M

Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects do not need to incur the costs of buying and running their own equipment.

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

Pananalapi

Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation

Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other.

Wormhole (Genty/Pixabay)

Pananalapi

Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service

The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating.

Coin jar (Josh Appel/Unsplash)

Pananalapi

A16z Backs Web3 Consumer App Setter in $5M Seed Round

Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a more seamless experience for more users.

Setter app (Setter)

Pananalapi

Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round

Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: "magic internet money."

TaprootWizards.com NFT (ordinals.com)

Pananalapi

Artificial Intelligence Platform Ritual Looks to 'Decentralize Access to AI' With $25M Backing

Ritual's aim is to open access to the infrastructure that lies behind AI innovation, which it claims at present "lies in the hands of a few powerful companies."

Ritual co-founder Niraj Pant (Ritual)

Pananalapi

Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO

Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.

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

Pananalapi

Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders

The firm aims to allow blockchain governance protocols to encode role-based functionality.

Llama co-founders Austin Green and Shreyas Hariharan (Llama)