TrendX

Posted on Feb 16, 2024Read on Mirror.xyz

🚀TrendX Financing Daily News 02/17/2024

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

【1】Lava Network

Amount: $15 million

Stages: Seed round

Date: February 15

Investors: Jump Capital, HashKey Capital, Tribe Capital, Node Capital, Finality Capital Partners, North Island Ventures, Dispersion Capital, Alliance DAO , Anagram, Quiet Capital, MH Ventures, Chorus One, AlphaLab Capital Group, YTWO, Protocol Labs, StarkWare, ChainLayer, Galileo

Category: Infrastructure, Modular Blockchain, Data Marketplace

Description: Lava Network aims to be a marketplace for blockchain data. It incentivizes node providers and decentralized application users to enter marketplace blockchain data onto its network, in the same way that Airbnb allows owners to monetize their unused space. The protocol enforces data quality, enabling node operators to use their bandwidth.

Website:https://www.lavanet.xyz/

Twitter:https://twitter.com/lavanetxyz

【2】Exverse

Amount: $3 million

Stages: Private Placement Round

Date: February 15

Investors: Cogitent Ventures, Moonrock Capital, Cointelligence Fund

Category: Shooting Game

Description: Exverse is a free-to-play game bringing a fresh take on AAA first-person-shooters to Web3. Exverse’s three planets—Social, Quest, and Battle—cater to different playing styles while remaining interconnected within a single timeline, where users compete in cycles known as seasons, lasting eight weeks. The game is designed to foster community by allowing players to engage in social events and even develop user-generated worlds within an ever-expanding universe.

Website:https://exv.io/

Twitter:https://twitter.com/exverse_io

【3】Concrete Protocol

Amount: $7.5 million

Stages: Undisclosed

Date: February 15

Investors: Hashed, Tribe Capital, Portal Ventures, Hypersphere Ventures, Veris Ventures, Terranova, WWVentures, Canonical Crypto, Kronos Research, Hyperithm, Kyber Ventures, Avalanche Foundation, Julia Lipton, Lightshift

Category: DeFi, Lending

Description: Concrete is the native base protocol to generate credit products and derivatives. It additionally opens the gateway to build an entirely new set of financial primitives for on-chain assets using Concrete as the base layer of compute. At launch, Concrete will serve users across money markets such as Aave, Compound, Silo, and Radiant, regularly adding both established and emerging lenders.

Website:https://www.concrete.xyz/

Twitter:https://twitter.com/ConcreteXYZ

【4】Sphinx

Amount: $2 million

Stages: Undisclosed

Date: February 15

Investors: Archetype, Nascent, Volt Capital

Category: Infrastructure, Developer Platform

Description: Sphinx is a DevOps platform for deploying and managing smart contracts, built for Foundry users. Sphinx gives developers confidence in their deployment process by eliminating the manual work of creating, approving, executing, and verifying deployments on every chain.

Website:https://www.sphinx.dev/

Twitter:https://twitter.com/sphinxdeploy

【5】NodeKit

Amount: Undisclosed

Stages: Undisclosed

Date: February 15

Investors: a16z Crypto

Category: Infrastructure

Description: NodeKit SEQ is a decentralized shared sequencer built into a custom L1 blockchain which allows rollups to decentralize their sequencer and increase cross-rollup interoperability. With NodeKit SEQ rollups can easily submit transactions to a decentralized shared sequencer which makes it easier to launch a rollup that is decentralized from the start and helps users perform cross-rollup transactions.

Additions: NodeKit raised $ 1.2 M in Pre-Seed round on December 13, 2023

Website:https://www.nodekit.xyz/

Twitter:https://twitter.com/nodekitorg

【6】Helika

Amount: $8 million

Stages: Series A

Date: February 16

Investors: Pantera Capital, Sparkle Ventures, Diagram Ventures, Sfermion, Spencer Tucker, Damon Gura, Marc Alloul

Category: Tools, Data & Analytics

Description: Helika is a Web3 technology platform that provides real-time analytics and onboarding of new users to gaming studios and popular NFT collections. With a focus on integrating analytics from Web2, in-game, on-chain, and social media data, Helika helps top Web3 brands such as Yuga Labs and Treasure to understand their communities, increase user acquisition and engagement, and drive overall growth through a data-driven approach.

Additions: Helika raised $ 4 M in Seed round on March 1, 2023

Website:https://www.helika.io/

LinkedIn:https://www.linkedin.com/company/helika

【7】Witness Chain

Amount: $3.5 million

Stages: Seed round

Date: February 16

Investors: Haun Ventures, Coinbase Ventures

Category: Infrastructure

Description: Witness unlocks Web3 ownership and incentives at Web2 scale. Anyone can use Witness to create verifiable provenance and issue digital ownership for any data without the upfront friction or cost of blockchains. This allows developers to build traditionally scalable applications that benefit from Web3 incentives.

Website:https://witnesschain.com/

Twitter:https://twitter.com/witnesschain

【8】Ethena

Amount: $14 million

Stages: Strategic Financing

Date: February 16

Investors: Dragonfly, Brevan Howard Digital, Maelstrom Capital*, PayPal Ventures, Avon Ventures, Binance Labs, Deribit, Gemini Frontier Fund, Kraken Ventures, Franklin Templeton

Category: DeFi, Stablecoin Protocols

Description: Ethena is building derivative infrastructure to enable Ethereum to transform into the Global Internet Bond via delta-neutral positions on stETH, to create the first crypto-native, yield bearing stablecoin: USDE.

Additions: Ethena raised $ 6.5 M in Seed round on July 17, 2023

Website:https://www.ethena.fi/

Twitter:https://twitter.com/ethena_labs

【9】DePHY

Amount: Millions of dollars

Stages: Seed round

Date: February 16

Investors: Foresight Ventures, IoTeX, Waterdrip Capital, DefinanceX, Blockchain Builders Fund (BBF), FutureMoney, PAKA, Candaq Fintech Group, Paramita

Category: Infrastructure, DePIN

Description: DePHY is an all-in-one DePIN framework to drastically decrease the cost and timeframe associated with DePIN project development. DePHY provides open source hardware solutions, decentralised messaging layer, and automatic tokenomics execution for all DePIN projects. DePHY’s messaging layer facilitates the secure, verifiable, and swift transfer of data from hardware to blockchain, utilising Trusted Execution Environment (TEE) and Zero-Knowledge (ZK) Oracles to guarantee data verifiability and low-latency.

Website:https://dephy.io/

Twitter:https://twitter.com/dephynetwork

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