TrendX

Posted on Jul 02, 2024Read on Mirror.xyz

🚀TrendX Financing Daily News 07/03/2024

Provide the latest and most complete industry financing news, get first-hand news, please pay attention to TrendX financing daily!

【1】MonkeyBit

Amount: $2 million

Stages: Seed round

Date: July 1

Investors: 3KBTC Capital, Hongyi Labs

Category: Game, Gaming Platform

Description: MonkeyBit is committed to creating long-term value in the new on-chain entertainment ecosystem, offering players a fresh gaming experience. It not only provides users with a diverse range of decentralized gaming experiences but also offers multiple rewards to various ecosystem participants.

Website:https://monkeybit.io/

X:https://x.com/monkeybit_io

【2】Solayer

Amount: Undisclosed

Stages: Undisclosed

Date: July 2

Investors: Anatoly Yakovenko, Sandeep Nailwal, Joseph Delong, Joe Lallouz, Rooter, Richard Wu, Ansem, DCF GOD, Dong Xinshu, Cindy Leow, Michael Repetny, Nom, Alan Curtis, Justin Bram, Stan Liu, WSBMod, @apeindaily, @MikeIppolito_, @jed, @afdtaxm

Category: repledge, infrastructure, LSD

Description: Solayer is building the restaking network natively on Solana. Solayer leverages its economic security and premium execution as the decentralized cloud infrastructure to enable a higher degree of consensus and blockspace customization for application developers.

Website:https://solayer.org/

X:https://x.com/solayer_labs

【3】Iris Energy

Amount: $413 million

Stages: Undisclosed

Date: July 2

Investors: Undisclosed

Category: Miner,Mining Industry

Description: Iris Energy is a Bitcoin miner that owns and operates real assets, including data centre infrastructure, which is powered by renewable energy.

Additions: Iris Energy raised $ 71 M in debt financing on 28 March 2022

Website:https://iren.com/

X:https://x.com/irisenergyco

【4】Prodia

Amount: $15 million

Stages: Seed round

Date: July 2

Investors: Dragonfly, HashKey Capital, OKX Ventures, Symbolic Capital, TRGC, Tangent, Index Ventures, Artichoke, Web3.com Ventures, Balaji Srinivasan, Sandeep Nailwal, EV3, Southern Equity

Category: Infrastructure, Cloud Computing

Description: Prodia is a distributed cloud computing firm builds a distributed network of graphics processing units (GPUs) to provide more efficient cloud computing services at a lower cost using web3 infrastructure.

Website:https://prodia.com/

X:https://x.com/prodialabs

【5】Sentient

Amount: $85 million

Stages: Seed round

Date: July 2

Investors: Pantera Capital, Framework Ventures, Founders fund, Ethereal Ventures, Robot Ventures, Hack VC, Arrington Capital, HashKey Capital, Foresight Ventures, Delphi Digital, LD Capital, Spartan Group, Mirana Ventures, Hypersphere Ventures, Nomad Capital, Primitive Ventures, Symbolic Capital, Canonical Crypto, Dispersion Capital, Cloud Nine Capital, Folius Ventures, IDG Capital, Protagonist, @caseykcaruso

Category: Infrastructure, Artificial Intelligence

Description: Sentient is an open-source artificial intelligence development platform. Sentient will launch "campaigns" for contributors, with each campaign having specific metrics for evaluating contributions and rewards based on these metrics.

Website:https://sentient.foundation/

X:https://x.com/sentient_agi

【6】OpenLedger

Amount: $8 million

Stages: Seed round

Date: July 2

Investors: Polychain, Borderless Capital, HashKey Capital, MH Ventures, Finality Capital Partners, Hash3, Sreeram Kannan, Sandeep Nailwal, Kenny L

Category: Infrastructure, Artificial Intelligence

Description: OpenLedger builds out permissionless and data-focused infrastructure for artificial intelligence development.

X:https://x.com/OpenledgerHQ

【7】RedStone

Amount: $15 million

Stages: Series A

Date: July 2

Investors: Arrington Capital, Spartan Group, Amber Group, SevenX Ventures, IOSG Ventures, Kraken Ventures, White Star Capital, Smokey, Mike Silagadze, Rok Kopp, Amir Forouzani, Christina Chen, Jason Vranek, Homme Bera, Jozef Vogel. Kopp, Amir Forouzani, Christina Chen, Jason Vranek , Homme Bera, Jozef Vogel

Category: Infrastructure, Prophecy Machine

Description: RedStone is a cross-chain data oracle technology that provides fast, cost-efficient access to data, a full historic audit trail, and an insurance-backed decentralized dispute mechanism. It gives users recourse in the event of inaccurate data provision. The project uses Arweave blockchain to store data and track reputation.

Additions: RedStone raised $ 7 M in Seed round on 30 August 2022;RedStone raised $ 520 K in Pre-Seed round on 13 July 2021

Website:https://redstone.finance/

X:https://x.com/redstone_defi

【8】Lombard

Amount: $16 million

Stages: Seed round

Date: July 2

Investors: Polychain, dao5, Foresight Ventures, Mirana Ventures, Nomad Capital, Franklin Templeton, Babylon, Mantle Network

Category: DeFi, Revenue Optimiser

Description: Founded in April 2024, Lombard is dedicated to unlocking Bitcoin's potential as a dynamic financial tool by connecting it to DeFi. Lombard enables the yield-bearing BTC to move cross-chain without fragmenting liquidity, paving the way to become the single largest catalyst for onboarding net new capital into DeFi. Its flagship product, LBTC—a yield-bearing, cross-chain, liquid Bitcoin backed 1:1 by BTC.

Website:https://www.lombard.finance/

X:https://x.com/Lombard_Finance

【9】PiSquared

Amount: $12.5 million

Stages: Seed round

Date: July 2

Investors: Polychain, Robot Ventures, Samsung Next, ABCDE Capital, Generative Ventures, Bloccelerate, Justin Drake, Sreeram Kannan

Category: Infrastructure, zk

Description: Pi Squared uses zero-knowledge proof (ZK) technology to verify the correct execution of any program without relying on a specific programming language (PL) or virtual machine (VM). It is based on the K framework and matching logic to provide a universal and efficient verification method. Designed to enable seamless interoperability of blockchains, languages and applications.

Website:https://piz.network/

X:https://x.com/Pi_Squared_Pi2

【10】Ethos Network

Amount: $1.75 million

Stages: Seed round

Date: July 2

Investors: Zeneca, dingaling, Bharat Krymo, James Hall, Sighduck, 0xMakesy, 0xQuit, Drago

Category: Social, Reputation system, Profile homepage

Description: Ethos provides a credibility score with a backing profile, akin to a credit report but with open protocols and on-chain records. Ethos incentivizes ethical behavior via social Proof of Stake; a decentralized consensus-based validation mechanism driven by human values, judgement, and actions.

Website:https://www.ethos.network/

X:https://x.com/ethos_network

【11】SendBlocks

Amount: $8.2 million

Stages: Seed round

Date: July 2

Investors: Castle Island Ventures, StarkWare, Laser Digital, Pitango, Illuminate Financial

Category: Infrastructure, Developer Platform, Blockchain APIs

Description: SendBlocks is a blockchain data management startup that simplifies access to blockchain data through a fully customizable platform. flexibility and scalability in high-throughput blockchains. By enabling enterprises, ecosystems, and applications to define and access the data they need, SendBlocks eliminates the need for extensive in-house data teams or expensive, outsourced, solutions per data point.

Website:https://sendblocks.io/

X:https://x.com/sendblockslabs

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