Tabit Insurance, which provides insurance for bitcoin reserves, raises $40M, Rain raises $24.5M, and all 26 other PJs【Fundraising PJ Summary】
26 Funding PJs from 3/22~28
Good morning.
Mitsui from web3 researcher.
Today's "Fundraising PJ's Summary for the week ahead".
💥Top 5 projects by procurement amount
Overview:Barbados-based insurance company offering non-life insurance solutions fully backed by bitcoin reserves.Provides insurance in USD with real-time transparency through blockchain verification.
Category：Insuarance
Procurement Amount：$40M
Investment Round：TBD
Investors：TBD
2、Rain
Summary: Blockchain-based card issuance and stable coin interoperability platform designed for web3 teams, DAOs and protocols.Enables seamless digital asset payment and expense management by allowing the platform to issue customizable and globally accepted payment cards.
Category：Payment
Procurement Amount：$24.50M
Investment Round：TBD
Investors：★Norwest Venture Partners、Galaxy Digital、Latitude Capital、Thayer Ventures、etc..
3、CoreSky
Overview: web3 meme token incubation platform that allows users to create, vote, and launch meme coins.Participants participate in the platform's community-driven process to earn $CSKY airdrops and facilitate the development of viral meme projects.
Category：Meme
Procurement Amount：$15M
Investment Round：Series A
Investors：★Tido Capital、WAGMI Ventures、Parallel Ventures、Web3 Vision Fund、etc.
4、Abound
Summary: A super app offering customized cross-border remittances and rewards for Indian-Americans living in the U.S. Supported by The Times of India Group, the app enhances the financial experience of the global NRI community by providing secure money transfers to India, cash back at over 4,000 Indian grocery stores, and exclusive brand deals.Supported by The Times of India Group, it enhances the financial experience of the global NRI community by providing secure money transfers to India, cash back at over 4,000 Indian grocery stores, and exclusive brand deals.
Category：Payment
Procurement Amount：$14M
Investment Round：TBD
Investors：Near Foundation、Circle Ventures、Times Internet
Overview:Blockchain oracle provider of cost-effective, verifiable, distributed data solutions for DeFi applications.The company's Scribe technology reduces gas costs by more than 60% for Layer 1 networks and 68% for Layer 2 networks; Chronicle's oracle is blockchain independent and can be deployed on public and enterprise ledgers; Infura,supported by a community-driven consensus network of 22 validators, including entities such as Etherscan and MakerDAO.
Category:Oracle
Procurement Amount:$12M
Investment Round:Seed
Investors:★Strobe Ventures, Brevan Howard Digital, 6th Man Ventures (6MV), Galaxy VisionHill.
✨Other 21 projects
Warlock Labs[$8M/Seed]: omnichain clearing engine designed to increase the security and profitability of decentralized protocols by regaining maximum extracted value (MEV).Leverages advanced detection systems and optimized execution strategies to bring value back into the protocol, increase revenue, and improve the user experience.
Hibit[$5M/TBD]: AILayer 1 built specifically for the first web3 economy, enabling autonomous interactions between AI agents and smart contracts.Native Layer 2 omni-chain DEX for fast, low-cost transactions, supporting cross-chain interoperability and bridging web2, web3, AI, and real-world use cases.
Fragmetric[$5M/Strategic]: A Solana-based liquid re-staking protocol that uses Solana's token extensions to optimize the distribution of staking, MEV, and NCN/AVS rewards, allowing users to leverage $fragSOL as collateral, provide liquidity, and trade on the DEX.Enable users to leverage $fragSOL as collateral, provide liquidity, trade on the DEX, etc.
Tarta Labs (Spot Zero)[$4.50M/Pre Seed]: Spot Zero is a 3D anime-style action role-playing game (ARPG) developed by Tarta Games and set on the vast continent of Noah, where humans and ghosts coexist.The game is powered by Arbitrum and Mantle and has over 6 million registered users.
Arcium[$1M/Angel]A distributed classified computing network that allows developers and applications to securely access high-performance computing power for sensitive data tasks.Leverages distributed architecture and MPC to ensure data integrity and confidentiality by processing encrypted data across multiple nodes without exposing the entire data set.
Capx AI[$3.14M/TBD]:Ethereum Layer 2 designed to allow users to build, monetize and trade AI agents.CapxChain, Capx Super App, and Capx Cloud to provide a comprehensive ecosystem that facilitates the creation, deployment, and exchange of AI-driven applications.
Planetarium Labs[$3M/TBD]: a community-driven web3 gaming company focused on enabling the future of entertainment through distributed content and technology.Developer of Immortal Rising 2, a dark fantasy idle action RPG.
De Charge[$2.50M/Seed]:A community-driven global EV charging network built on Solana.Enables distributed ownership and monetization of EV charging through modular 7KW stations, allowing anyone to host and operate the charging infrastructure.
Betterx[$1.70M/Series A]:Singapore-based B2B platform providing institutional-level infrastructure for tokenization, trading and portfolio management of digital assets.Bridges traditional finance and web3 by enabling financial institutions, brokers, and neobanks to securely manage their clients' digital assets.
Magpie Protocol[$1.60M/Public Sale]: Swap execution engine for traders, agents and dapp, aggregating DEX, DeFi protocol and bridge liquidity across 18+ chains, optimizing transaction routing and providing better pricing for swaps with optimal UX.
Stable Jack[$1.25M/Public Sale]: a stablecoin hub on Avalanche, offering three main products: yieldable stablecoins, volatile AVAX tokens, and stable swaps.Yielding Stablecoin focuses on capital efficiency, no liquidation risk, and no exposure to centralized party risk.Variable AVAX tokens offer DeFi configurability without funding fees or clearing risk.Stable Swap facilitates one-sided liquidity provision with very little slip in stablecoin, LST, and LRT, ensuring efficient and secure transactions.
Particle Network[$1.25M/Public Sale]: modular L1 aimed at chain abstraction; main products are modular smart wallet service, Confidential zkStack, Omnichain account abstraction, and intent fusion protocol.
Skate[$1M/Public Sale]: Universal application layer designed to allow dApps to work seamlessly across multiple blockchain networks, including EVM, TON VM, and Solana VM.By maintaining a single application state across various chains, Skate simplifies interchain interactions for both users and developers, eliminating liquidity fragmentation and increasing the efficiency of dApp deployment.
KiloEx[$750k/Public Sale]:Next generation user-friendly permanent DEX with a focus on risk management and capital efficiency, offering ultra-fast trading and an intuitive trading experience across a wide range of trading pairs, providing liquidity providers with risk-neutral positions and LP-friendly solutions.
Wave Wallet[$100k/Public Sale]: Telegram integrated crypto wallet built on Sui, providing users seamless access to GameFi and DeFi applications.Users manage their digital assets, participate in games such as Ocean Game to earn OCEAN tokens, and explore a variety of decentralized applications directly within Telegram.
Game Informer[TBD/M&A]: renowned video game magazine and website that provides in-depth information on the gaming industry, including news, reviews, previews, features, and more.
Exchange Art[TBD/M&A(Bonk)]:Solana's premier digital fine art marketplace, allowing creators and collectors to cast, buy, sell and auction artwork across categories including 3D, AI, abstract and photography.
OpenBlocks[TBD/M&A]: a multi-chain data aggregation and analytics platform that provides real-time insights into DeFi markets across different networks, integrating AI and blockchain infrastructure to automate cross-chain DeFi strategies and reveal liquidity, pricing and trading opportunitiesto be revealed.
STUFF io[TBD/TBD]A platform that allows users to own, share, give away, or resell digital content such as movies, music, e-books, audiobooks, and podcasts.Leveraging Distributed Encryption Assets (DEA) and media tokens, Stuff.io ensures true ownership and fair compensation for creators and facilitates a direct relationship between artists and audiences.
Cantina Royale[TBD/M&A]: a free-to-play, tactical arcade shooter that combines web2 gaming experience and web3 blockchain technology to earn rewards for playing.Players use their own NFT characters to participate in intense online multiplayer battles and earn rewards.
Request Finance[TBD/TBD]:All-in-one financial solution for web3.Companies, DAOs and freelancers can use Request to easily manage and track cryptocurrency invoices, payroll and expenses in a fast, secure and compliant manner.
Disclaimer：I carefully examine and write the information that I research, but since it is personally operated and there are many parts with English sources, there may be some paraphrasing or incorrect information. Please understand. Also, there may be introductions of Dapps, NFTs, and tokens in the articles, but there is absolutely no solicitation purpose. Please purchase and use them at your own risk.
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mitsui
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