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Crypto Fundraises for the week of April 17th
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Crypto Fundraises for the week of April 17th

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Coinfeeds
Apr 20, 2023
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Crypto Investor Tips | Coinfeeds
Crypto Fundraises for the week of April 17th
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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.

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