Security Tool Blockaid Raises $50M, Universal Protocol for Interoperability Raises $9M from a16z crypto, Coinbase Ventures and Others, and 25 Other PJs 【Fundraising PJs Summary】

25 Funding PJs from 2/15~21

Good morning.
Mitsui from web3 researcher.

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

💥Top 5 projects by procurement amount

1、Blockaid

• Summary: Provides security tools designed to prevent malicious transactions.Protects web3 users from fraud, phishing attacks, and hacking threats.

• Category: Security

• Procurement amount:$50M

• Investment Round:Series B

• Investors:★Ribbit Capital, Variant Fund, Cyberstarts, etc...

2,Cygnus

• Summary: The first modular real yield layer bridging non-EVM systems such as TON and the EVM ecosystem.Its Liquidity Validation System (LVS) ensures liquidity while providing staking yield, LVS fees, and incentives.In addition, it offers stable coin lending and leveraged trading backed by real world assets such as U.S. Treasury securities.

• Category:DeFi

• Procurement amount:$20M

• Investment Round:Pre Seed

• Investors: Manifold, OKX Ventures, Mirana Ventures, Optimism Foundation, etc.

3, Kinto

• Overview: Layer 2 of Ethereum for KYC'ed users only, providing secure and insured financial services, blending traditional and decentralized finance without sacrificing benefitsKYC benefits to DeFi without sacrificing the benefits.

• Category: L2, DeFi

• Procurement Amount:$20M

• Investment Round:TBD

• Investor: Brevan Howard Digital