Welcome to the 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 April 17th, we found 12 rounds totaling $69.2 million.
Here’s a breakdown of amount raised by sector:
Infrastructure
Intmax, a layer 2 rollup network aimed at the development of ZK systems for hyperscalability and secure transactions that's interoperable, customizable, affordable, and decentralized, announced on April 13 a Seed round of $5 million from Hashkey Capital, Bitscale Capital, SNZ Holding, Dorahacks, Mask Network, Staker Ventures, Pragma Ventures, and many other investors.
Protecc Labs, the project behind a novel simplification layer designed for a broader utilization of NFT technology that's building The Protectorate Protocol, a liquidity generation and routing, and yield aggregation protocol, raised on April 14th a Seed round of $1.5 million led by Dialectic, and followed by Signum Capital, Interlinked Ventures, Side Door Capital, 0xVentures, and many others.