Crypto Fundraises | March 19th - March 26th

Welcome to the Coinfeeds Weekly Fundraising Report! We’re back at it this week, having found 32 funding rounds.

Here is the complete, newly published database featuring all of the fundraised companies we’ve found since the launch of this newsletter:

Crypto Startup Fundraises

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

Meme

Pepecasso is a pepe-based memecoin. On March 20th, Pepecasso raised an ICO round of $5,714,112 from the community.

Cat Intelligence Agency is a memecoin web3 network that offers an @cia.com comain service and has its own token. On March 20th, Cat Intel raised an ICO round of $916,224 from the community.

Satoshis Mom is an artist working on nostaligic art on-chain that's driven by a $NOS token. On March 19th, Satoshis Mom raised an ICO round of $3,505,344 from the community.

Fabled Adventure is an open-world MMORPG set in a vast fantasy universe, focusing on a story-rich experience through towns, dungeons, and caves. The game introduces a significant partnership to enhance its ecosystem, featuring $FAP as a central element. $FAP will be integral to the game's economy, with future plans to expand its utility. The project raised on March 20th a $680,064 ICO round from the community.

Dexter_Cap is the account behind projects GM.AI, Lootbot, and Whales Market. On March 20th, Dexter Cap raised a $30,678,144 ICO round from the community.

Jared_eth is a MEV developer with a token issued. On March 20th, Jared_eth raised an $876,864 ICO round from the community.

Temple Pharmacy World is a collective involved in various creative and entrepreneurial endeavors, including music projects with significant online reach, streetwear production with a focus on upcycled materials, skatepark development, eco-friendly ride sharing in Georgia, and contributions to hotel brand identities and design. The project raised on March 20th an ICO round of $4,691,904 from the community.

Trippy Labs is an award-winning multidisciplinary Web3 studio, known for incubating culturally significant projects, experimenting with cutting-edge technology, and producing curated experiences. Founded by Trippy, it leverages a vast digital art community to empower creators through advisory services, digital art, and events, generating over $65 million in charity and sales. TrippyLabs raised on March 19th $3,920,640 from the community in an ICO.

ZorpOnSol is a pepe-alien memecoin project. ZorpOnSol raised an ICO round of $384,000 on March 20th from the community.

miladymemecoin is a popular memecoin project with NFTs and a strong community. The project raised an ICO round of $17,615,232 on March 19th from the community.

Infrastructure

Espresso Systems is a platform enhancing Ethereum's scalability and interoperability through a marketplace for shared sequencing, aimed at boosting rollup utility. It focuses on safety, speed, and cross-chain communication, featuring the HotShot finality gadget for quick transactions and supporting extensive node participation. Expresso raised on March 21st a Series B round of $28 million led by a16z crypto and followed by Polygon, Taigo, o1Labs, StarkWare, Offchain Labs, Injective, Frax DAO, Catalyst, AltLayer, Gelato, Fhenix, Alluvial, and many others.

Tensorplex is a platform aimed at creating foundational infrastructure for decentralized AI networks, integrating AI with Web3 technologies. It leverages decentralized finance and proof-of-stake mechanisms to foster the development of AI in a decentralized ecosystem. Tensorplex raised on March 21st a $3 million Seed round led by Collab+Currency and Canonical Crypto, and followed by Digital Currency Group, Accomplice, Mechanism Capital, GoldenChain, Quantstamp, Amber Group, and others.

Tanssi Network is developing a protocol to simplify and enhance the deployment of appchains, transforming them into ContainerChains. It offers customizable tools and resources as-a-service, enabling appchain builders to turn ideas into working concepts quickly. Built on the Substrate framework for high performance and flexibility, Tanssi ensures robust security, automates deployment, and fosters interoperability with secure cross-chain connectivity. Tanssi raised on March 21st a $6 million Strategic round led by SNZ Capital, KR1, and Scytale Digital, and followed by Arrington Capital, Borderless Capital, Wormhole Crosschain Ecosystem Fund, Hypersphere Ventures, Blockchain Founders Fund, and Gavin Wood.

Entangle.fi is a platform simplifies omnichain interoperability, allowing the seamless connection of data, assets, and more across blockchains. It provides developers with fully customizable tools, including Liquid Vaults, Custom Price Feeds, and the Photon Messaging Protocol, to enable efficient and flexible data and asset transfer. Entangle raised on March 22nd a Strategic round that was led by Consensys.

Sablier is a platform offering free-to-use infrastructure for on-chain token distribution and money streaming. It is utilized by DAOs and businesses for various applications such as vesting, payroll, airdrops, and more. Sablier allows recipients to track and withdraw streamed funds anytime without further involvement from the sender. It supports a range of distribution models and represents each stream as an ERC-721 NFT, enhancing DeFi composability. Sablier raised on March 2nd a $4.5 million Seed round from A Capital, Fenbushi Capital, WAGMI Ventures, GD1, Cyfrin, DCV, Founderheads, Daniel Bar, Ben Middleton, and many other individuals.

Mystiko is a company that calls itself the foundational layer for Web3, aiming to make blockchains more scalable, interoperable, and confidential. It introduces Mystiko SDK, a zero-knowledge technology infrastructure for all blockchains and apps. The company raised on March 20th an $18 million Seed round led by Peak XV Partners and followed by Samsung Next, HashKey, Mirana Ventures, Signum Capital, CoinList, Naval Ravikant, and other individuals.

StakeStone is a unique staking solution where users can stake ETH to receive STONE, a yield-bearing asset facilitating liquidity and staking yields across chains. It features a fully decentralized system for yield optimization and supports multi-underlying assets, including staking pools and protocols. StakeStone raised on March 25th a Private round from Binance Labs.

Keyring Network is a compliance platform that offers institutional-grade compliance tools for on-chain transactions, utilizing zero-knowledge privacy to ensure compliant transactions and unlock secondary liquidity. It serves protocols, institutions, and end-users by expanding investment and distribution opportunities, accessing untapped capital pools, and simplifying compliance onboarding. On March 19th, Keyring raised a $6 million Venture round led by Gumi Cryptos Capital and Greenfield Capital, and followed by Motier Ventures and Kima Ventures.

Succinct.xyz is a platform making zero-knowledge proofs (ZKPs) accessible to developers. It enables writing ZKPs in Rust using SP1, a high-performance, open-source zero-knowledge virtual machine (zkVM). This platform offers a decentralized prover network that simplifies the process of generating proofs with a single click. Succinct Labs raised a $55 million Seed and Series A round on March 22nd led by Paradigm and followed by Robot Ventures, Bankless Ventures, Geometry, ZK Validator, Sreeram Kanan, and other individuals.

Gaming

Gam3s.gg is a platform aiming to introduce 100 million players to web3 gaming by focusing on the fun aspect of games, setting aside tokenomics and DeFi discussions. It features extensive game reviews, news, exclusive interviews, and rich content on Twitch and YouTube, establishing itself as a leading web3 gaming platform. On March 22nd, Gam3s raised a $2 million Strategic round from Merit Circle, WWVentures, Cogitent Ventures, P2 Capital, Cypher Capital, Acheron, Basics Capital, OIG Capital, BreederDAO, Hercules Ventures, and others.

HyperPlay is a web3-friendly game store from the future, aggregating games from both Epic Games and GOG. It supports seamless wallet integration, allowing players to use their MetaMask or WalletConnect wallets across all games, whether they're native or browser-based. Game developers can interact with wallets using a simple REST API. Hyperplay raised a Strategic round on March 19th that was led by Square Enix.

DeFi

Umoja is a smart money protocol that enables crypto to trade itself, protects against risk, and optimizes yields. The company raised on March 19th a Seed round of $4 million from Coinbase Ventures, 500 Global, Quantstamp, Blockchain Founders Fund, Orange DAO, Psalion, and Blizzard Fund.

Ooga Booga is the first liquidity aggregator on Berachain, designed for efficient swap executions. It aims to enhance user experience with an easy-to-use interface while integrating with external dApps to facilitate swaps. The platform focuses on streamlining the swap process, making it more accessible and effective for users. The company raised a $1 million Seed round on March 20th led by Kenetic Capital and followed by Cypher Capital, Rubik Ventures, Rana Capital Partners, Baboon VC, Nural Capital, Wizards Capital, Sneaky VC, and many others.

NFT

Asterix is infrastructure for Web3 with a focus on security, scalability, and sustainability. It aims to address the current limitations within the blockchain and decentralized technology spaces by offering innovative solutions that enhance the underlying architecture of these systems. Asterix raised on March 20th a Strategic round from Hashed, Arcane Capital, DeFi Capital, Kahuna, Liquid X Ventures, EVG, Undercurrent Capital Technologies, Momentum 6, and Coinseeker.co

BottoDAO is an autonomous artist powered by AI, creating art through community interaction. Users vote on the direction of Botto's art, influencing its evolution, and the most popular pieces are minted as NFTs. BottoDAO raised on March 22nd an OTC round of $1.67 million from 1kx, Collab+Currency, and Variant Fund.

L2

BEVM is the first fully decentralized, EVM-compatible Bitcoin Layer 2 that uses BTC as gas, aiming to integrate DApps from the Ethereum ecosystem onto Bitcoin. It facilitates cross-chain interactions, ensuring data integrity and decentralized processing between Bitcoin and BEVM using Taproot technology and POS consensus. The project raised a Seed round on March 25th from RockTree Capital, Waterdrip Capital, ArkStream Capital, ViaBTC Capital, SatoshiLab, Cogitent Ventures, and many others.

Morph is an Ethereum scaling solution that innovates by blending optimistic rollups and zk technology for consumer applications. It features a decentralized sequencer network for efficient, cost-effective operations, employs Tendermint for consensus, and ensures Layer 1 verifiability with BLS signatures. Morph raised a Seed round of $20 million on March 20th led by Dragonfly and followed by Pantera Capital, Foresight Ventures, Spartan, MEXC Ventures, Symbolic Capital Partners, Public Works, MH Ventures, and many others.

L1

MANTRA Chain is a regulatory-compliant Layer 1 blockchain designed for the tokenization of real-world assets. It enables permissionless applications while ensuring compliance through features like identity verification, low-cost transactions, and cross-chain interoperability. Mantra raised on March 19th a Private round of $11 million that was led by Shorooq Partners and followeed by Forte Securities, Three Point Capital, Virtuzone, Hex Trust, and GameFi Ventures.

Social Platform

EarlyFans is a platform where users can engage in a treasure hunt for high-quality content. It's designed to reward users for discovering and supporting great content early, encouraging a community of early adopters and content creators. This unique approach aims to foster a dynamic ecosystem where quality content is valued and creators are supported from the outset. EarlyFans raised a $1.5 million Seed round from Alliance DAO, SNZ Capital, GSR, GBV, Zee Prime Capital, Pro Digital Future Fund, CyberConnect, and many others.

CEX

Tokenize Xchange is a digital currency trading platform offering a seamless interface for trading in a variety of digital currencies. It provides an all-in-one platform supporting fiat-crypto and crypto-crypto pairings, including ICOs (IEOs). Tokenize raised on March 19th a Series A round of $11 million that was led by THRIVE Ventures.

DEX

Rollie Finance is a project that's preparing to launch as Scroll's native perpetual DEX, featuring a single USDC vault for all trading pairs to ensure low gas costs and competitive fees. It aims to support trading across various assets including crypto, forex, commodities, and real-world assets with 100% on-chain execution. Rollie raised on March 22nd a Seed round from Animoca Ventures, M77 Ventures, Sandy Peng, Alex Lee, and Kate Wong.