DEBUNK(web3 Research)

DEBUNK(web3 Research)

News

BVNK, a provider of stable coin payment infrastructure, raises $50M, SocialFi's Lens Protocol raises $31M, and 29 other PJs 【Fundraising PJs Summary】

29 Funding PJs from 12/14~20

mitsui's avatar
mitsui
Dec 22, 2024
∙ Paid

Good morning.
Mitsui from web3 researcher.

Today's edition of "Fundraising PJs for the week ahead" is a summary of the week's fundraising PJs.

💥Top 5 projects in terms of proceeds

1,Riot

  • Overview:Texas-based bitcoin mining and colocation company that leads the industry with the largest bitcoin mining facility in North America.By focusing on the convergence of money and energy, Riot Blockchain helps increase the value of bitcoin and drives improvements in the energy grid and power generation capacity.

  • Category: Bitcoin

  • Raised amount:$594.40M

  • Investment Round:TBD

  • Investor: unknown

2, BVNK

  • Overview:Providing a stabled coin payment infrastructure that bridges traditional banking systems and blockchain technology to facilitate faster and more efficient global funds transferfintech company.

  • Category: Stablecoin

  • Raised amount:$50M

  • Investment Round:Series B

  • Investors: ★HAUN Ventures, Coinbase Ventures, Tiger Global

3,Lens Protocol

  • Summary: A user-owned web3 social graph, empowering creators and enabling portability of content and connections.Delivers a decentralized and configurable social media experience by prioritizing modularity and eliminating proprietary fees.

  • Category:SocialFi

  • Raised amount:$31M

  • Investment Round:Strategic

  • Investors:★Lightspeed Faction、Avail、Alchemy Ventures、Circle Ventures、etc..

User's avatar

Continue reading this post for free, courtesy of mitsui.

Or purchase a paid subscription.
© 2026 mitsui · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture