Digest
April 24, 2022

Metaverse Fundraising Weekly Report #3

Metaverse Fundraising Weekly Report #3

This week’s fundraising updates for blockchain, Metaverse and tech companies. 

April 18th

Aura Network, an NFT project, raised $2.5M in seed round. The investors are Coin98 Ventures, GBV Capital, Impossible Finance, Kucoin Labs, Kyber Ventures, GUILDFI and others.

April 19th

Delta One, a Solana DeFi protocol has raised $9.1M in seed round led by Alameda Research and Ship Capital. Among other investors are Solana Ventures, Electric Capital, AlleyCorp, Mgnr and Solar Eco Fund.

Hedge, a Solana lending protocol, has raised $3.7M in seed round led by Race Capital. The investors’ list includes Pantera, Solana Ventures, Shima Capital, DCM and AngelDAO.

Pollen Mobile, the Decentralized wireless network, has closed the seed funding round led by Slow Ventures. Among other participants are DISH Wireless, Delphi Digital, OVN Capital, and Acorn Pacific Ventures.

Mintbase, an NFT Infrastructure startup, raised $7.5M in Series A led by Woodstock Fund, and supported by Coinbase Ventures, Libertus Capital, Sino Global Capital, Animoca Brands, Fundamental Labs, Figment, TRGC, and others.

April 20th

Spruce, a Decentralized identity startup has raised $34M in a Series A round led by Andreessen Horowitz. Among other investors are Okta Ventures, SCB 10X, Robot Ventures, OrangeDAO, Ethereal Ventures, Electric Capital, Y Combinator, A.Capital Ventures, Third Kind Venture Capital, Protocol Labs, SV Angel, and Gemini Frontier Fund.

SoundMint, a Platform for music NFTs, has raised $1.7M in seed round led by Animoca Brands. Castle Island Ventures, Focus Labs, Sfermion, Sky Vision, Tess Capital, and Goodwater Capital are among investors.

April 21st

LimeWire raised $10.4M in a private token sale. The investors are Kraken Ventures, Arrington Capital, GSR, CryptoCom and others.

Scroll, the Ethereum scaling project, has raised $30M. The funding was led by Polychain Capital, with Bain Capital Crypto, Robot Ventures, Geometry DAO and others participating.

MetaLend, an NFT lending protocol, raised $5M. Pantera Capital, Ancient8, Collab+Currency are among investors.

Bastion, the Aurora-based lending protocol, has raised $9M in Series A led by Three Arrows, backed by FTX Ventures, Jump Crypto, Jane Street, Spartan Group, CMS Holdings and CryptoCom.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

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