Recent Funding Rounds in the Crypto Space: October 24th Highlights 🚀💰

Recent Funding Rounds in the Crypto Space: October 24th Highlights 🚀💰

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The crypto world is constantly evolving, with new projects and companies emerging to reshape the financial landscape. October 24th, 2023, witnessed several exciting funding rounds in the crypto space. Let’s dive into the details of these funding events, investors, and the innovative projects they are supporting.

1. Integral – Strategic Funding

Overview:

  • Date: October 24, 2023
  • Financing amount: Undisclosed
  • Valuation: Undisclosed
  • Category: Infrastructure/Web3
  • Subcategory: Accounting/Asset management

About Integral – Strategic: Integral secured strategic investment from Coinbase Ventures and established a partnership with Coinbase. This collaboration aims to introduce next-generation accounting solutions for Coinbase Prime clients. These solutions cover assets held both inside and outside of Coinbase, marking a significant milestone for the company.

Investor:

  • Investor: Coinbase Ventures
  • Type: Fund
  • Location: United States of America
  • Year Founded: 2018
  • Portfolio Companies: 270

Founders & Team:

  • Founder: Gui Laliberte

Company Profile / Project Introduction: Integral specializes in financial management software for Web3 teams. Their real-time analysis tools, including profit and loss statements and cash flow analysis, have processed around $5 billion in crypto transactions over the past five months, demonstrating their significant impact on the crypto financial landscape.


2. smlXL – Seed Funding

Overview:

  • Date: October 24, 2023
  • Financing amount: $13.4 million
  • Valuation: Undisclosed
  • Category: Infrastructure
  • Subcategory: Smart contracts

About smlXL – Seed: smlXL raised an impressive $13.4 million in seed funding, with backing from top-tier investors such as a16z crypto and Greylock. The funds will support the expansion of evm.storage and the development of new products, leveraging the unique capabilities of their iEVM and data analysis tools.

Investors:

  • Investor: a16z crypto
  • Type: Fund
  • Location: Unknown
  • Year Founded:
  • Portfolio Companies: 5
  • Investor: Greylock Partners
  • Type: Fund
  • Location: United States of America
  • Year Founded: 1965
  • Portfolio Companies: 14

Founders & Team:

  • Founder: Dor Levi

Company Profile / Project Introduction: smlXL is pioneering techniques to analyze EVM bytecode and contracts thoroughly. Their simulation-based approach sets them apart in the space by providing a rich understanding of accounts, contracts, and their relationships, ensuring a comprehensive and accurate analysis of blockchain transactions.


3. HYTOPIA – Undisclosed Funding

Overview:

  • Date: October 24, 2023
  • Financing amount: $3 million
  • Valuation: Undisclosed
  • Category: NFTs
  • Subcategory: Gaming/Metaverse

About HYTOPIA – Undisclosed: HYTOPIA successfully raised $3 million in funding, led by Delphi Ventures, and joined by other prominent VCs and angel investors. This marks a significant step towards realizing HYTOPIA’s vision in the gaming and metaverse space.

Investor:

  • Investor: Delphi Ventures
  • Type: Corporate
  • Location: United States of America
  • Year Founded: 2018
  • Portfolio Companies: 4

Company Profile / Project Introduction: HYTOPIA is a collaborative video game built by a community with a rich history in Minecraft modding. The game aims to address creative limitations in the Minecraft ecosystem and modernize player experiences, aspiring to become “the next Minecraft.”


4. Noble – Seed Funding

Overview:

  • Date: October 24, 2023
  • Financing amount: $3.3 million
  • Valuation: Undisclosed
  • Category: Others

About Noble – Seed: Noble secured $3.3 million in seed funding, with Polychain Capital leading the round. Other notable investors include Circle Ventures and Borderless, among others. Noble’s purpose is to facilitate native asset issuance in the Cosmos and IBC ecosystem.

Investors:

  • Investor: Polychain Capital
  • Type: Fund
  • Location: United States of America
  • Year Founded: 2016
  • Portfolio Companies: 120
  • Investor: Circle Ventures
  • Type: Corporate
  • Location: United States of America
  • Year Founded: 2013
  • Portfolio Companies: 71

Company Profile / Project Introduction: Noble, named after stable elements in the periodic table, is a platform designed for native asset issuance in the evolving Cosmos ecosystem. It provides stability and innovation for asset issuers in the blockchain space.


5. Atani – Undisclosed Funding

Overview:

  • Date: October 24, 2023
  • Financing amount: $6 million
  • Valuation: Undisclosed
  • Category: CeFi
  • Subcategory: Trading

About Atani – Undisclosed: Atani successfully raised $6 million in funding, led by Cometa, with participation from JME Ventures and Conexo Ventures, among others. This funding will support Atani’s international growth and expansion of its exchange brokerage service.

Investors:

  • Investor: Cometa
  • Type: Fund
  • Location: Mexico
  • Year Founded: 2012
  • Portfolio Companies: 1
  • Investor: JME Ventures
  • Type: Fund
  • Location: Spain
  • Year Founded: 2009
  • Portfolio Companies: 1

Founders & Team:

  • Founders: Haydée Barroso, Paul Barroso

Company Profile / Project Introduction: Atani is an all-in-one crypto trading platform that provides access to multiple exchanges with a single verification. This simplifies trading for users and expands their reach across various exchanges.


6. PRINT3R – Pre-Seed Funding

Overview:

  • Date: October 24, 2023
  • Financing amount: $0.5 million
  • Valuation: Undisclosed
  • Category: DeFi
  • Subcategory: Exchange/Trading

About PRINT3R – Pre-Seed: PRINT3R concluded a successful pre-seed fundraising round, securing $500,000 in funding. This round was led by MH Ventures and included strategic investors such as 300DAO and Homeless DAO.

Investors:

  • Investor: MH Ventures
  • Type: Fund
  • Location: Unknown
  • Year Founded:
  • Portfolio Companies: 24
  • Investor: 300DAO
  • Type: DAO
  • Location: Unknown
  • Year Founded: 2022
  • Portfolio Companies: 2

Company Profile / Project Introduction: PRINT3R is a decentralized derivatives platform focused on user convenience and loyalty. It offers leverage trading without the hassle of KYC or sign-ups, making it a game-changer in the DeFi space.


7. Virtual Labs – Pre-Seed Funding

Overview:

  • Date: October 24, 2023
  • Financing amount: $1.2 million
  • Valuation: $20 million
  • Category: Infrastructure

About Virtual Labs – Pre-Seed: Virtual Labs secured $1.2 million in pre-seed funding at a valuation of $20 million. This round was led by OP Crypto and included investors such as Byzantine Marine and Koyamaki Ventures.

Investors:

  • Investor: OP Crypto
  • Type: Fund
  • Location: United States of America
  • Year Founded: 2021
  • Portfolio Companies: 22
  • Investor: Byzantine Marine
  • Type: Corporate
  • Location: Singapore
  • Portfolio Companies: 2

Company Profile / Project Introduction: Virtual Labs is pioneering the next generation of blockchain infrastructure with zero-knowledge ZK state channels. Their innovative approach allows for gas-free, instant, and seamless transactions on any blockchain.


8. TonUP – Seed Funding

Overview:

  • Date: October 24, 2023
  • Financing amount: Undisclosed
  • Valuation: Undisclosed
  • Category: DeFi
  • Subcategory: Launchpad

About TonUP – Seed: TonUP announced a seed funding round led by TONcoin.Fund, with participation from Foresight X and Waterdrip Capital, among others. These funds will be used to accelerate platform development and marketing.

Investors:

  • Investor: TONcoin.Fund
  • Type: Fund
  • Location: Unknown
  • Portfolio Companies: 1
  • Investor: Foresight X
  • Type: Uncategorized
  • Location: Unknown
  • Portfolio Companies: 1

Company Profile / Project Introduction: TonUP is positioned as the ultimate launchpad for promising assets on The Open Network. Its mission is to identify and support groundbreaking projects in the crypto space, further driving innovation in DeFi and beyond.

Conclusion: These recent funding rounds reflect the continued growth and innovation within the crypto industry. With substantial investments and strategic partnerships, these companies are poised to make a significant impact on the future of finance and blockchain technology. Stay tuned for more exciting developments in the crypto space! 🌐💱🚀

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