Edition #102 - 05 APR 2024
For Base (Coinbase’s Layer-2) March was a month to remember:
Daily transactions jumped from 400K → 1.5M.
Weekly active users doubled and hit new all-time highs.
gaming developments
A16z's gaming fund to invest $30 million in multiple startups.
Strategic casual game studio Gomble Games raised $10M in a funding round from The Spartan Group, Hashed, IOSG Ventures, Foresight Ventures, Big Brain Holdings, Binance Labs Fund, Animoca Brands, Altos Ventures, Shima Capital, Cypher Capital, CRIT Ventures, MH Ventures, P2 Ventures, Aptos Network, Mulana Capital, WAGMI Ventures, CSP DAO, Caballeros Capital, OIG Capital, MARBLEX Corp., Verse2, Presto Labs.
metaverses & AI
Staking blockchain driven by AI node for NFT and game mass adoption ALIENX raised $17M in a funding round from OKX Ventures, C² Ventures, NEXT Leader Capital, Offchain Labs, AlienSwap Labs, Caldera, Particle, Araceae Capital, BIP32 Venture, Eureka Trading, Mission Street Ventures, Kryptos, ARPA Official, Felix Xu.
AI-powered blockchain risk management platform Lockchain ai raised $4.6M in a Seed funding round led by Lerer Hippeau, with participation from Arrington Capital, Valhalla Ventures, Arca Fund, RSE Ventures, Sonic Boom Ventures, White Star Capital.
Web3 AI firm Raiinmaker raised $7.5M in a Seed funding round led by Jump Crypto, Cypher Capital, with participation from GDA Capital, Gate Labs, MEXC Ventures, Krypital Group, Alphabit, NewTribe Capital, Sheesha Finance, Arcanum Capital, NxGen, Coach K, AXIA8 Ventures, Alpha Sigma Capital, Launchpool, Stealth Capital, Basics Capital, Alpha Capital, K300 Ventures, Andromeda Capital, Titans Ventures, Taisu Ventures, Bella, Candaq Fintech Group, DCI capital, Green Arrow Ventures, 7 O’Clock Capital, SeedThrift Ventures, Spicy Capital.
DEPIN+AI data privacy solution Privasea closed funding round from OKX Ventures, Laser Digital, Tane. Amount raised is not disclosed.
defi
Gamified perpetual DEX Merkle Trade raised $2.1M in a Seed funding round led by Hashed, Arrington Capital, with participation from Morningstar Ventures, Amber Group, Aptos Network, DoraHacks, Re7 Capital.
Liquid restaking tokens finance app on Arbitrum AutoLayer raised $2.5M in a Seed funding round from KuCoin Labs, Staked VC, Morningstar Ventures, Spark Digital Capital, Dewhales Capital, Poolz Ventures, BlackEdge Capital.
Solana's limit order book DEX Phoenix raised $20M in a Series A funding round led by Paradigm, with participation from Electric Capital.
funding rounds
Modular blockchain Sophon raised $10M in a funding round from Paper Ventures, Maven 11 Capital, The Spartan Group, SevenX Ventures, OKX Ventures, HTX Ventures.
Layer-1 blockchain built for consumer adoption Burnt (Xion) raised $25M in a Series A funding round from Animoca Brands, Multicoin Capital, Golden Tree, The Spartan Group, Laser Digital, Mechanism Capital, Sfermion, Arrington Capital, Draper Dragon, Figment, Vessel Capital, Morningstar Ventures, Innovating Capital, Anti Capital, Hex Trust, MH Ventures, Stateless Ventures, KuCoin Ventures, Selini Capital.
Hybrid web3 options platform Arrow Markets raised $4M in a Series A funding round from Delphi Digital, Framework Ventures, Blizzard.
Startup focused on dollar stablecoins Agora raised $12M in a Seed funding round led by Dragonfly Capital, with participation from General Catalyst, Robot Ventures.
Blockchain Focused on DePIN IoTeX raised $50M in a funding round from SNZ Holding, Foresight Ventures, Borderless Capital, Amber Group, FutureMoney Group, Metrics Ventures, Waterdrip Capital, Escape Velocity, Summer Ventures.
Interoperable layer connecting Solana and Bitcoin Zeus Network raised $8M in a funding round led by Mechanism Capital, with participation from OKX Ventures (ex OKEx Blockdream Ventures), Animoca Brands, Big Brain Holdings, Lemniscap, The Spartan Group, Anatoly Yakovenko, Muneeb Ali, Andrew Kang.
