Crypto Fundraises March 1st - March 7th
In the week of February 28th, we found 17 rounds totaling $97.8 million.
Here’s a breakdown of amount raised by sector:
Orange Comet, a web3 entertainment company building an immersive ecosystem of gamification and creativity that was started by some big Hollywood names, announced on February 28th a completed Equity+Token round of $7 million.
Conflux Network, A new proof-of-work interoperable blockchain enabling communities, creators, and markets to interact with one another across different protocols. They plan on being secure and scalable with low fees and provide built in staking for their native token $CFX. On March 1st, they announced a $10 million token raise from DWF Labs.
Insrt Finance, a protocol designed to yield traders returns directly from bluechip NFTs through Vaults, asset fractionalization, and advanced risk management mechanics, announced on March 2nd a raise of their $2.2 million Pre-Seed round led by HashKey Capital, Infinite Capital, and followed by Sky9 Capital and Hamzah Khan. Insrt has just been featured on Coinfeeds Genesis a few weeks ago.