Funding Rounds

Polychain CEO Olaf Carlson-Wee (Danny Nelson/CoinDesk)
Crypto VC Firm Polychain Tops Up AI Platform Ritual's $25M Funding Round With 'Multimillion Dollar' Investment
Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence oligarchy
Polychain CEO Olaf Carlson-Wee (Danny Nelson/CoinDesk)

BOB team (BOB)
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
The fundraising round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
BOB team (BOB)

two fingers adding a coin to one pile of coins among many
Layer-1 Blockchain Peaq Raises $15M to Expand Its DePIN Ecosystem
Crypto market data provider Messari estimates that decentralized physical infrastructure networks could have a market value of $3.5 trillion by 2028.
two fingers adding a coin to one pile of coins among many

two fingers adding a coin to one pile of coins among many
Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI
Tensorplex said decentralization can help prevent tech giants monopolizing artificial intelligence, making them prone to biases or censorship.
two fingers adding a coin to one pile of coins among many

Funding (Gerd Altmann/Pixabay)
Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors
Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company
Funding (Gerd Altmann/Pixabay)

Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)
Avail, an Ethereum Data Network to Rival Celestia, Raises $27M In Seed Round
The funds will be used to build out its three core products, "Avail DA," "Nexus" and "Fusion Security."
Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)

16:9 Saltwater (ahmadams1978/Pixabay)
Web3 Gaming Company Saltwater Raises $5.5M Seed Funding
Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive
16:9 Saltwater (ahmadams1978/Pixabay)

16:9 Portal, door, entrance (Tama66/Pixabay)
Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange
Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk...
16:9 Portal, door, entrance (Tama66/Pixabay)

Karim Chaib, Web3Intelligence CEO (Web3Intelligence)
Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors
Karim Chaib, Web3Intelligence CEO (Web3Intelligence)