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Ray Speers

Jan 31, 2024

Crypto Fundraising January 23 - 29

On behalf of the hashtagWeb3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 23rd-29th January 2024. We are thrilled to see such tremendous support from all involved. Well done! 


Axiom raised $20m. Axiom introduces a new approach to authenticated data access using ZK cryptography instead of consensus. By using ZK, Axiom allows on-chain applications to compute over more data a lower cost.


Dopamine raised an undisclosed amount of funding. Dopamine is a mobile app available on Android and iOS devices, providing decentralized finance. It currently has over two million downloads and hundreds of thousands of active users.


10n8 raised $1.5m. Created with the goal of accelerating APAC projects and introducing them to English-speaking markets, 10n8 Little Dragon enables users to stake, play and earn across different pools and games.


Join raised an undisclosed amount. Join simplifies the online shopping experience by enabling users to make purchases with stablecoins, promoting stability and accessibility in the world of e-commerce.


Spellborne raised $1.5m. This amount will allow MonStudios to expand the team, and continue on our mission of building fun casual games with a tad bit of nostalgia.


Image generation AI raised an undisclosed amount. Crypto-native AI platform imgnAI has closed a $1.6 million seed funding round led by Hack VC. Rana Capital, Selini Capital, West Ham Capital, Motus Capital and dao5 also participated in the round, though a valuation was not disclosed.


Bmaker raised $1.2m. Bmaker aims to become a pivotal element in the development of the Bitcoin ecosystem, offering new opportunities for market participants and Bitcoin users.
Infrared raised $2.5mn. These funds will play a pivotal role in advancing the development of essential infrastructure, including a network of validators, PoL vaults, and the inaugural native Liquid Staking Token (LST), iBGT.


Gevulot raised $6m. Gevulot is building an internet scale compute network optimized exclusively for zero-knowledge proof generation.


PublicAI raised $1.2m. The funds will primarily be used to accelerate the launch and Go-To-Market of the network.


Mesh raised $38.5m. Mesh will use the new cash, to further develop its tools for deposits, payments and payouts, as well as support its go-to-market operations.


Portal raised $42.5m. The seed round brings Portal&39s total funding to $42.5 million, adding to the $8.5 million raised in pre-seed funding in 2021.


Follow CryptoWeekly to stay updated with news about future Web3 Funding Rounds.

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