Crypto Fundraises July 4th - July 11th
Welcome to Coinfeed’s Weekly Fundraising Report!
In the week of July 10th, we found 10 rounds totaling $24.9 million, excluding those with undisclosed amounts.
Below is a breakdown of the number companies that fundraised by sector:
CryptoQuant - a community-driven crypto ecosystem research and analytics platform that enables users to create their own dashboards and share them with their peers. More advanced users can utilize the CryptoQuant API, datasets, and more, to maximize their understanding of different on-chain entities. On July 6th, they raised a Series A round of $6.5 million that was led by Atinum Investment, and joined by Hillspring Investment, SK Group, Bass Investment, and IMM.
Magic Square - one of the first strongly established web3-only app stores that brings community-vetted existing and upcoming dApps, games that can be filtered by chain. Magic Square also offers social features and validation, user, trust scores, as well as token statistics. The project raised a Strategic round on July 7th that was led by Emurgo Ventures.