Crypto Fundraises Week of March 7th, 2023

Welcome to the new Coinfeeds fundraising report email!

Welcome to the new 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 March 7th, we found 17 rounds totaling 166.3 million.

Here’s a breakdown of amount raised by sector:

Pre-Seed

Nealthy, a DeFi protocol which allows users to more easily invest in digital assets through “index tokens” which provide diversified baskets of blue chip NFTs and crypto. Users can gain exposure to high value NFTs using just a few dollars. They announced on March 8th they had raised a $1.3 million pre-seed round from undisclosed investors.

ECSA, a Brazilian web3 startup focused on becoming a major stablecoin issuer in the blockchain industry and redefining the way we measure value through social contributions, raised a Pre-Seed round of $3 million from Y Combinator and Arca. ECSA currently supports Stellar and Ethereum networks.