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Posted on Jul 25, 2023Read on Mirror.xyz

šŸš€veDAO Financing Daily News 07/26/2023

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

怐1怑Kandle

Amount: $1.7 million

Stages: Seed round

Date: July 25

Investors: Sumit Gupta, Saama Capital, PointOne Capital, Cloud Capital, Good Capital, Founder's Room, Seeders Fund

Category: Game, Game Platform

Description: Kandle, a gameFi platform aims to empower the existing and next billion crypto traders globally by introducing fantasy gaming to crypto. Designed exclusively for crypto natives and gaming enthusiasts, Kandle blends the world of crypto coins and the immersive thrill of gaming, thus offering a diverse array of fantasy leagues and challenging skill-based prediction contests to fuel user competitive spirit.

Websiteļ¼šhttps://kandle.xyz/

Twitterļ¼šhttps://twitter.com/kandle_xyz

怐2怑Releap Protocol

Amount: $2.1 million

Stages: Undisclosed

Date: July 25

Investors: GBV Capital, Big Brain Holdings, Shima Capital, Assembly Partners, DWeb3 Capital, Impossible Finance, Sui / Mysten Labs, Arweave, Solar Eco Fund, MoveBit

Category: Social, Social Graph

Description: Releap Protocol is a decentralized, open-for-all social graph that allows users to wholly own and harness their audience and content. Users can also utilize the protocol to easily develop their own decentralized, censorship-resistant social networks and marketplaces, or add social functionality to existing applications, with ease.

Websiteļ¼šhttps://app.releap.xyz/

Twitterļ¼šhttps://twitter.com/Releap_IO

怐3怑Delabs Games

Amount: $4.7 million

Stages: Seed round

Date: July 25

Investors: Hashed, Polygon Labs, Merit Circle, Spartan Group, Planetarium Labs

Category: Game, Studio

Description: Delabs Games is a Web3 game studio whose development principle is to build interesting Web3 games from the ground up. Since 2021, the team has been working on 3 games: Rumble Racing Star, Space Frontier and Metabolts.

Websiteļ¼šhttps://delabs.gg/

Twitterļ¼šhttps://twitter.com/delabsOfficial

怐4怑Fabric Cryptography

Amount: $6 million

Stages: Pre Seed round

Date: July 25

Investors: Metaplanet, Inflection, =nil;, Jasper Lau, Novawulf

Category: Infrastructure, zk

Description: Fabric Cryptography is a start-up company focusing on developing advanced crypto algorithm hardware, especially building special computer chips for Zero-knowledge proof technology.

Websiteļ¼šhttps://www.fabriccryptography.com/

LinkedInļ¼šhttps://www.limkedin.com/company/fabriccryptography

怐5怑Flashbots

Amount: $60 million

Stages: Series B

Date: July 26

Investors: Paradigm

Category: MEV

Description: Flashbots is a research and development company focussed on Miner Extractable Value (MEV). It was formed to mitigate the negative externalities and existential risks posed by MEV to smart-contract blockchains. Flashbots's primary focus is to enable a permissionless, transparent, and fair ecosystem for MEV extraction. It has three goals: Democratizing Access to MEV Revenue, Bringing Transparency to MEV Activity, and Redistributing MEV Revenue. Flashbots's efforts are focused on three verticals: Flashbots Auction, a private communication channel between miners and searchers for transparent and efficient MEV extraction; Flashbots Data, a suite of tools for increasing MEV transparency and reducing information asymmetry; and Flashbots Research, an open, transparent, and collaborative research effort to tackle short and long term research questions relevant to MEV.

Websiteļ¼šhttps://www.flashbots.net/

About veDAO

veDAO is an investment and funding community dedicated to discovering early-stage potential projects. By gathering public wisdom and professional opinions, veDAO provides a fair, transparent and democratic project evaluation and investment and financing process for community participants, investors and project parties, allowing all participants to share the project development dividends.

Website: https://app.vedao.com/

Twitter: https://twitter.com/vedao_official

Telegram: https://t.me/veDAO_EN

Discord: https://discord.gg/NEmEyrWfjV

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