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[5/4~10]web3 Fundraising NEWS
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[5/4~10]web3 Fundraising NEWS

We have compiled a list of projects funded in one week.

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mitsui
May 12, 2024
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web3 Research
web3 Research
[5/4~10]web3 Fundraising NEWS
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Good morning.
This is mitsui from web3researcher.

Today's edition of "Weekly Web3 Fundraising News" is a compilation of projects that have been funded in the past week. Please take a look!

💥Top 5 projects in terms of proceeds

1,Sophon

  • Abstract: Modular blockchain built by zkSync.

  • Category: Blockchain

  • Amount raised: $60M

  • Investment round: Publis Sale

  • Investors: Individual investors

2,Arbelos Markets

  • Summary: Trading company providing principal liquidity to the entire virtual currency derivatives market, from high touch to programmatic.

  • Category: Finance

  • Amount raised: $28M

  • Investment round: Seed

  • Investors: *Dragonfly Capital, Room40 Ventures, Selini Capital, Breed VC, etc.

3,Lagrange

  • Abstract: Developed a ZK system that enables secure interoperability between different blockchain networks by providing generalized proof of state. Unlike traditional bridging and messaging protocols, it enables real-time cryptographic proofs of cross-chain state to enhance security and allow distributed applications to work seamlessly across multiple blockchains.

  • Category: ZKP

  • Amount raised: $13.5M

  • Investment round: Seed

  • Investors: ★Founders fund, Archetype, 1kx, Maven 11 Capital, etc.

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