Welcome to the new Coinfeeds fundraising report email!
We are separating out companies that have recently raised funds from our weekly scouting email, to bring you a report of the fundraises announced over the last week.
In the week of March 21st, we found 12 rounds totaling $144.55 million.
Here’s a breakdown of amount raised by sector:
Seed
Narwhal Finance, a BSC & Arbitrum-based upcoming leveraged crypto trading platform with social trading features that offers tokenized synthetic TradFi assets as well as crypto, with self-custody, bottomless liquidity and real yields, announced on March 24th a Seed round of $1 million led by Animoca Ventures, and joined by Hailstone Ventures.
Particle Network, a web3 development infrastructure company focused on building high-performance authentication, wallets, NFT access, and node service that promises customers an increase in conversion rates by 64%, announced on March 24th a raise of their Seed round of $7 million from Animoca Brands, Longhash Ventures, GSR Ventures, HashKey, and OP Crypto.