Crypto Fundraises June 7th - June 14th

In the week of June 7th, we found 10 rounds totaling $130.432 million, excluding those with undisclosed amounts.

Below is a breakdown of the number companies that fundraised by sector:

Infrastructure

Informal Systems, an R&D organization which we've featured before on Coinfeeds Genesis, is a contributor to such important open-source blockchain projects like Cosmos, and leads CometBFT, Cosmos Hub, and Cosmos IBC. Informal Systems has been around since 2019, and has launched a series of impactful projects throughout; on June 7th, the company raised an undisclosed round of $5.3 million that was led by CMCC Global, and followed by Nascent, Maven 11 Capital, Celestia Foundation, and Eigenlayer.

Ironforge, a platform that simplifies serverless Solana development by offering low-latency runtimes, seamless integration, and simplified transaction handling. It provides developers with the tools they need to create production-grade Solana interfaces and enhance user experiences. On June 12th, they announced a $2.6 million pre-seed funding round led by Reciprocal Ventures.