Rain raises $58M in Series B from Dragonfly and others, LayerZero M&A Stargate Finance, and more for a total of 28 PJs【Fundraising PJ Summary】
28 fundraising PJs for Aug 23~29
Good morning.
I am mitsui, a 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、Rain
summary：A blockchain-based card issuance and stable coin interoperability platform designed for teams, DAOs, and protocols. Enables the platform to issue customizable credit cards for seamless digital asset payments and expense management.
category：Payment, Stablecoin
amount raised：$58M
Investment round：Series B
investor：★Sapphire Ventures、Dragonfly Capital、Galaxy Digital、Samsung Next、etc..
2、M^0
summary: a stablecoin platform designed for the digital age. Enables multiple institutional investors to issue stable coins, leveraging best-in-class collateral such as short-term U.S. Treasury bonds. The protocol ensures security and transparency through daily independent on-chain verification of reserves.
category：Stablecoin
amount raised：$40M
Investment round：Series B
investor：★Polychain Capital、★Ribbit Capital、Endeavor Catalyst、Pantera Capital、etc..
3、OrangeX
summary: a global crypto asset trading platform offering spot, derivatives, and copy trading services. Registered in the Seychelles and the Czech Republic, with an MSB license in the US and a presence in Canada, Lithuania, and Estonia. In addition to high performance through database sharding, the company boasts high liquidity, low commissions, and multilingual support.
category：CEX
amount raised：$20M
Investment round：Series B
investor：★Kryptos、SCI Ventures
4、aPriori
summary：Monad Leading liquid staking platform leveraging MEVs in Monad, offering a simple way to earn MEV-boosting rewards with Monad tokens.
category：DeFi
amount raised：$20M
Investment round：Strategic
investorHashkey Capital, Pantera Capital, Primitive, IMC, etc.
summary: Modular Layer 2 for enhanced scaling, security, and interoperability between Bitcoin and Ethereum, with Hemi Virtual Machine (hVM) and Hemi Bitcoin Kit (hBK) for seamless integration of Bitcoin and Ethereum for cross-chain dApps. .
category：L2
amount raised：$15M
Investment round：TBD
investor：★Republic、★YZi Labs、★HyperChain Capital、Breyer Capital、etc..
✨Other, 23 projects
The Clearing Company[$15M/Seed]: next-generation predictive market platform with on-chain, permissionless, and regulatory compliance, founded by former Polymarket team members and integrating a framework designed to meet decentralized market accessibility and compliance standards.
Magne AI[$10M/Strategic]: Building AI-native web3 smartphones and next-generation mobile infrastructure for the decentralized Internet. By combining hardware-level cryptographic security, on-device AI processing, and web3 native protocols, MAGNE.AI provides a mobile-first solution for digital identity, asset protection, and distributed interaction.
Hyperbot[$6.75M/TBD]: an AI-powered on-chain trading terminal that supports multi-chain and multi-dex trading. Users can track fund flows of whales and smart funds in real time, utilize AI-powered signal analysis, and execute smart copy transactions via PC or Telegram bot.
Metafyed[$5.50M/TBD]: an AI-based, regulatory compliant tokenization platform that transforms RWAs into highly liquid, divisible and tradable digital tokens. Democratizes private credit, debt products, and structured finance opportunities across Asia, addressing the needs of both investors and corporates.
Multipli[$5M/TBD]: a decentralized multi-chain yield generation protocol that extracts real risk-adjusted returns from traditionally low-yielding assets such as bitcoin, ETH, stablecoin, and tokenized RWAs. Aggregates delta-neutral strategies from institutional grade funds and tokenizes them into transferable "xTokens" for on-chain yield access.
Splendor Labs[$4.50M/Seed]: Layer 1 blockchain built for the blockchain-native AI economy, EVM compatible, with 1 second block generation time and 10,000+ TPS, with hybrid Proof-of-Authority consensus (Aura + GRANDPA), Provides a secure and scalable AI-native infrastructure, with a full-stack ecosystem including Splendor Search, Splendor Coder, AI Studio with 600+ models, Agent Factory, Splendor OS & Wallet, Enhanced AI Agents, Applications, and Commerce.
Almanak[$2.50M/Public Sale]: a web3 platform for building, optimizing, and deploying financial strategies using AI-driven financial agents. Improved profitability and security in DeFi and gaming by using agent-based modeling.
Superfluid[$2M/Public Sale]: An asset streaming and distribution protocol that supports DAOs and crypto asset native businesses by introducing Super Token, an extension of the ERC-20 standard.
Suzaku[$1.50M/TBD]: Provides a re-staking framework for Avalanche-based Layer 1 blockchains, enabling secure scaling and decentralization of validator sets. Dual staking provides crypto-economic security supported by a marketplace of stakers, operators, and curators.
Trepa[$420k/Pre Seed]web3: A web3-based high accuracy forecasting platform. Earn rewards based on the accuracy of your predictions, rather than simple two-party outcomes. Rewards vary based on how close the forecast is to the actual outcome, making it a fairer and more attractive option than the traditional zero-sum forecasting market.
Fly[$40k/TBD]: A decentralized cross-chain swap protocol that performs fast, cost-effective, and secure asset swaps between multiple blockchains, including Ethereum, Arbitrum, Polygon, zkSync, Base, Optimism, and others.
Tazapay[TBD/Series B]: A global cross-border payment infrastructure platform that enables seamless local collections and payments in more than 70 markets. Supports businesses, B2B marketplaces, and fintech companies, and supports a wide range of payment methods, including cards, alternative payment methods, virtual accounts, bank transfers, and stable coins.
USD AI[TBD/TBD]: A GPU-backed stable coin lending protocol customized for AI startups. USDai, a token pegged to the dollar, and sUSDai, a yield-generating derivative token, are issued and computing power (GPU) can be used as collateral.
Arcana Network[TBD/M&A(Avail)]Arcana Auth: User-friendly solution for web3 applications, providing easy onboarding and secure transaction signing; includes Arcana Auth SDK, developer dashboard, and wallet UI, allowing users to authenticate in a familiar way and access an unmanaged wallet access.
EdgeX Labs[TBD/TBD]: A distributed edge computing network that combines low-power hardware, web3, and tokenomics to support AI applications and agents. Participants from around the world can contribute computing resources and earn $EX tokens.
Centrifuge[TBD/TBD]The marketplace: the leading platform for tokenized financial instruments, tokenizing RWAs and offering them to investors.
IoTeX[TBD/TBD]The platform specializes in integrating the physical and digital worlds through a modular DePIN structure: it aims to enhance scalability, privacy, and interoperability between IoT devices and applications, and to enhance a reliable Internet of Things (IoT) The company aims to.
Bitway[TBD/TBD]: a bitcoin-native Layer 1 protocol and infrastructure platform that enables seamless, gas-free BTC-based trading, lending, and tokenization of RWAs. Users can interact via their familiar Taproot or native SegWit wallet, no EVM wallet or bridging required.
Panora[TBD/TBD]Aptos' "Aptos Super App" and integrated DeFi trading hub that aggregates all of Aptos' DEX liquidity; advanced features such as Meta-DEX routing, on-chain limit orders, DCA automation, cross-chain bridging, and powerful analytical terminals, all in a seamless interface. Integration.
DeAgent AI[TBD/TBD]: a decentralized web3 native network for creating and managing autonomous AI agents that coexist with humans. Leveraging blockchain anchors, verifiable consensus, ZK-based decision-making modules ("Lobe"), distributed memory, and tool-based scalability, DeAgent agents ensure consistent and auditable decision-making across sessions with minimal trust.
Polymarket[TBD/TBD]: A decentralized prediction market platform that allows users to trade on controversial topics and build portfolios based on their predictions. By allowing users to buy stocks in the market, it provides actionable insights based on traders' views of future events and is a leading source of unbiased real-time data.
MetaEra[TBD/Series A]: a Hong Kong-based web3 one-stop resource aggregator focused on blockchain and metaverse exploration.
Stargate Finance[TBD/M&A(LayerZero)]: Cross-chain liquidity protocol built on LayerZero. Instantaneous and secure transfer of native assets between more than 80 blockchains through an integrated liquidity pool. Native asset swaps without wrap tokens, with guaranteed finality and minimal slippage.
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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