Crypto Fundraising January 30 - February 5

On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 30th January-5th February 2024. We are thrilled to see such tremendous support from all involved. Well done!

Squid (Switzerland): Dive into the future of financial technology as Squid secured $4M in Series A funding, led by Polychain. Squid allows any token to be swapped between blockchains, and unlocks access to apps across chains in a single click.
Use Squid to build seamless user experiences that tap into cross-chain liquidity and scale to reach anyone with a crypto wallet, no matter what chain they&rsquore on.

BlokID (United States): BlokID pioneers advanced, blockchain-powered solutions for digital advertising. Their technology enhances attribution accuracy and upholds user privacy. The US-based startup has secured $1.25M in Seed funding from AppWorks to revolutionize identity verification.

Portal (United States): Breaking barriers! Portal, based in the United States, raised an impressive $34M in Seed funding, setting the stage for innovative breakthroughs.

Nebeus (United Kingdom): Nebeus takes a giant leap forward with $270M in Debt Financing, fueling their mission to redefine financial landscapes in the United Kingdom.
After several years of operating in the P2P space, Nebeus pivoted in its business model and shifted from P2P lending to centralized crypto-backed lending, with the mission to help people bring their crypto to traditional finance.

Plater Network: Plater Network is an independent enterprise and privately held company with a noble objective of building the decentralized technology of information flow and data transferring software.
The entire network will be based on the blockchain technology, which increases the number of benefits for users. Plater Network secured a $2M Grant to advance their endeavors.

Infrared Finance (Canada): Infrared Finance simplies Proof of Liquidity and serves as the main portal to the Berachain ecosystem. The company raised $2.5M in Seed funding led by Synergis Capital.

Gevulot announced a $6M Seed round with Variant. Explore the potential of this rising star in the tech and ZK Proofs landscape.

Cube Group, Inc. (United States): Cube Group secured $12M in Series A funding from 6th Man Ventures. Witness the evolution of this innovative venture in the tech space!

Gateway opens new doors with $23K in Funding Round. This is an NFT powered gaming and learning platform where users can play, go on adventures, and even partake in P2P. They can then earn rewards in NFTs and trade their rare items.

Exciting times ahead! Follow CryptoWeekly for regular updates about Web3 funding deals.