The crypto world continues to surge with innovation and investment. On October 25, 2023, several exciting crypto projects and companies secured significant funding rounds. Let’s dive into the details of these game-changing investments.
Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Subscribe now to get daily news and market updates right to your inbox, along with our millions of other subscribers (that’s right, millions love us!) — what are you waiting for?
1. TonUP – Seed
Overview: TonUP, a pioneering DeFi launchpad, announced a Seed funding round on October 24, 2023.
Investor: The round was led by TONcoin.Fund, with participation from Foresight X, Waterdrip Capital, BitFund DAO, and angel investors.
Company Profile / Project Introduction: TonUP serves as the ultimate launchpad for promising assets on The Open Network, aiming to identify and support groundbreaking projects in the
Crypto space.
2. Virtual Labs – Pre-Seed
Overview: Virtual Labs raised $1.2 million in Pre-Seed funding on October 24, 2023, with a valuation of $20 million.
Investor: OP
Crypto led the round, joined by Byzantine Marine, Koyamaki Ventures, NEAR Foundation, and angel investors.
Company Profile / Project Introduction: Virtual Labs is revolutionizing blockchain infrastructure with zero-knowledge ZK state channels, enabling zero-gas, instant transactions on any chain.
3. Integral – Strategic
Overview: Integral announced a strategic investment from Coinbase Ventures on October 24, 2023.
Investor: Coinbase Ventures is collaborating with Integral to bring next-gen accounting solutions to Coinbase Prime clients.
Company Profile / Project Introduction: Integral builds financial management software for Web3 teams, processing billions in crypto transactions over the past five months.
4. smlXL – Seed
Overview: smlXL secured $13.4 million in Seed funding on October 24, 2023.
Investor: The round was led by a16z crypto and Greylock, with participation from angel investors.
Company Profile / Project Introduction: smlXL specializes in blockchain
Analysis, offering comprehensive insights into EVM bytecode and contracts, setting itself apart with a simulation-based approach.
5. HYTOPIA – Undisclosed
Overview: HYTOPIA raised $3 million in funding on October 24, 2023.
Investor: Delphi Ventures led the round, signifying institutional support for HYTOPIA’s vision.
Company Profile / Project Introduction: HYTOPIA is a collaborative video game project aiming to modernize player experiences and become “the next Minecraft.”
6. Noble – Seed
Overview: Noble secured $3.3 million in a seed round on October 24, 2023.
Investor: Polychain Capital led the round, with participation from Circle Ventures, Borderless, Wintermute Ventures, and more.
Company Profile / Project Introduction: Noble offers a purpose-built app-chain for native asset issuance in the Cosmos and IBC ecosystem, providing stability in a rapidly evolving space.
7. Atani – Undisclosed
Overview: Atani raised $6 million in funding on October 24, 2023.
Investor: Cometa led the round, with support from JME Ventures, Conexo Ventures, and CDTI, along with Web3 experts.
Company Profile / Project Introduction: Atani is an all-in-one
Crypto trading platform simplifying access to a wide range of tokens from different exchanges.
8. PRINT3R – Pre-Seed
Overview: PRINT3R successfully closed a pre-seed fundraising round, securing $500,000 on October 24, 2023.
Investor: MH Ventures led the round, with strategic investors like 300DAO, Onchain Wizard, Primapes, and more.
Company Profile / Project Introduction: PRINT3R is a gamified decentralized derivatives universe, offering hassle-free trading of
Crypto assets with up to 50x leverage.
These recent funding rounds exemplify the ongoing excitement and growth within the crypto industry. Stay tuned for more updates as these projects continue to shape the future of finance and technology. #CryptoInvestments #BlockchainInnovation