Mining Company Cipher Mining Raises $50M from SoftBank, DID Solution Sign Raises $16M from YZi Labs, and 26 Other PJs【Fundraising PJ Summary】

26 Funding PJs from 1/25~31

Good morning.
Mitsui from web3 researcher.

Today's edition of "Fundraising PJ's Summary for the week ahead".

💥Top 5 projects in terms of proceeds

1,Cipher Mining

• Overview:A company that builds and operates industrial-scale data centers for high-performance computing (HPC), including bitcoin mining and AI workloads.The company strategically allocates power between mining and other computing services while expanding data center capacity.

• Category: mining, AI

• Procurement amount:$50M

• Investment Round:TBD

• Investor: SoftBank Fund

2,D3 Global.

• Summary: Claiming ownership of "patent pendingtechnology," D3 plans to apply for and obtain a new top-level domain during ICANN's upcoming application period with the goal of providing an intrinsically secure identity that will be supported by all web browsers and devices.

• Category：DID

• Procurement amount：$25M

• Investment Round：TBD

• Investor：★Paradigm、Coinbase Ventures

3,Irreducible.

• Overview: Accelerates zero-knowledge proof generation by operating a customized FPGA cluster for cryptographic computation and supporting blockchain protocols.Its services include proof platforms compatible with systems such as Plonky2 and Polygon zkEVM, and it has developed Binius, a high-performance binary proof system optimized for custom hardware.

• Category：ZKP

• Procurement amount：$24M

• Investment Round：Series A

• Investor：★Paradigm、★Bain Capital Crypto、Fenbushi Capital、L2 Iterative Ventures (L2IV)、etc.