TrendX

Posted on Mar 15, 2024Read on Mirror.xyz

🚀TrendX Financing Daily News 03/16/2024

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【1】Eyris

Amount: $3 million

Stages: Pre seed round

Date: March 14

Investors: Red Cell Partners

Category: Infrastructure, Security Solutions

Description: Eyris is a digital infrastructure platform created to provide cybersecurity, secure communications, and data protection. It harnesses the power of blockchain technology to deliver unmatched cybersecurity and data protection for public and commercial entities worldwide. In addition to providing foundational data and communications security, Eyris is deploying technology that is applicable in countless use cases across the public and private (finance, cybersecurity, logistics, healthcare) sectors.

Website:https://eyris.tech/

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

【2】D2X

Amount: $10 million

Stages: Series A

Date: March 14

Investors: Point72 Ventures, GSR, Tioga Capital, Fortino Capital, Jabre Capital Partners, Picus Capital, TRGC

Category: CeFi, CEX

Description: D2X is building a pan-European institutional exchange for derivative trading in digital assets.

Additions: D2X raised € 5 M in Seed round on January 11, 2022

Website:https://www.d2x.com/

LinkedIn:https://www.linkedin.com/company/d2x-group

【3】MadWorld

Amount: $13 million

Stages: Series A

Date: March 14

Investors: Com2Us, Bitkraft Ventures, Cypher Capital, Blocore, WAGMi Ventures, a16z Crypto, Goal Ventures

Category: Game, Shooting Game

Description: MadWorld is an apocalyptic NFT shooting game launched by NFT game studio Carbonated. The game is based on a post-apocalyptic version of Earth and allows players to collect and trade tokenized land assets based on real-world locations. Each of the 250,000 lands holds specific resources that rival clans will fight for. They can also gain control over desired portions of land by paying tribute to the landowner, which is settled using an in-game currency called Rounds, which Carbonated plans to eventually turn into an on-chain token.

Website:https://playmadworld.com/

Twitter:https://twitter.com/playmadheroes

【4】Nyan Heroes

Amount: Undisclosed

Stages: Strategic financing

Date: March 14

Investors: Mechanism Capital, Delphi Digital, Sfermion, Momentum 6, 3Commas Capital, Kosmos Ventures, CSP DAO, Devmons

Category: Game, Shooting Game

Description: Nyan Heroes is a third-person shooter game built on the Solana blockchain. Players battle each other as they control their Nyans and their giant robot counterparts.

Additions: Nyan Heroes raised $ 7.5 M in strategic financing on May 10, 2022;Nyan Heroes raised $ 2.5 M in Seed round on November 3, 2021

Website:https://nyanheroes.com/

Twitter:https://twitter.com/nyanheroes

【5】Syntropy

Amount: Undisclosed

Stages: Undisclosed

Date: March 14

Investors: CMCC Global, Polygon Ventures, HV Capital, Faculty Group, Wave Capital, Moonrock Capital, TRGC, Mapleblock, Antalpha Ventures, DVNCI Capital, Public Works

Category: Infrastructure, Layer1

Description: Syntropy is establishing an open alternative data security and routing system, operating right on top of the existing Internet protocols. Its aim is to transform the public internet into a secure and user-centric internet through a unifying layer where encryption and optimized performance are built-in and automatically enabled for anything and everything connected to it. Syntropy is designed to address the issues present in the current Internet framework, such as security, privacy, governance, performance, reliability, and inefficient resource utilization.

Additions: Syntropy raised $ 4 M in Seed Plus round on May 25, 2023;Syntropy raised $ 5 M in Seed round on December 1, 2021

Website:https://www.syntropynet.com/

Twitter:https://twitter.com/nyanheroes

【6】Berachain

Amount: $69 million

Stages: Undisclosed

Date: March 15

Investors: Brevan Howard Digital, Framework Ventures

Category: Infrastructure, Layer1

Description: Berachain is a DeFi-focused, EVM-compatible Layer 1 built on the Cosmos SDK and powered by Proof of Liquidity Consensus.

Additions: Berachain raised $ 42 M in Series A round on April 20th, 2023

Website:https://www.berachain.com/

Twitter:https://twitter.com/berachain

【7】Meson Network

Amount: Undisclosed

Stages: Strategic financing

Date: March 15

Investors: OKX Ventures

Category: Infrastructure, DePIN, Cloud Computing

Description: Meson Network is committed to creating an efficient bandwidth marketplace on Web3, using a blockchain protocol model to replace traditional labor-based sales models. Meson Network aims to consolidate and monetize idle bandwidth from long-tail users at a low cost. Meson Network is the foundation of data transmission for decentralized storage, computation, and the emerging Web3 Dapp ecosystem.

Additions: Meson Network raised $ 900 K in Seed round on March 8, 2021

Website:https://www.meson.network/

Twitter:https://twitter.com/NetworkMeson

【8】Korea Digital Asset

Amount: $2.25 million

Stages: Undisclosed

Date: March 15

Investors: Undisclosed

Category: CeFi, Custody

Description: Korea Digital Asset(KODA ) provides one-stop digital asset custody services for corporate and institutional investors. KODA is jointly set up by major Korean bank KB Bank, crypto venture capital firm Hashed and blockchain tech firm Haechi Labs

Website:https://kodax.com/

【9】Jambo

Amount: Undisclosed

Stages: Undisclosed

Date: March 15

Investors: Waterdrip Capital

Category: Infrastructure

Description: Jambo is building the Web3 superApp for Africa, enabling people in Africa to become banked through the blockchain, access crypto through decentralized exchanges, and enjoy blockchain games.

Additions: Jambo raised $ 30 M in Series A round on May 10, 2022;Jambo raised $ 7.5 M in Seed round on February 21, 2022

Website:https://www.jambo.technology/

Twitter:https://twitter.com/JamboTechnology

【10】Avalon Finance

Amount: Undisclosed

Stages: Seed round

Date: March 15

Investors: SNZ Holding, Summer Capital, Spark Digital Capital, Web3Port, Matrixport Ventures

Category: DeFi, Lending

Description: Avalon Finance is a decentralized lending protocol built on Merlin Chain. It comprises three key components: Overcollateralized lending, derivatives trading linked to lending, and algorithmic stablecoin based on lending.

Website:https://www.avalonfinance.xyz/

Twitter:https://twitter.com/avalonfinance\_

【11】Ten

Amount: $9 million

Stages: Undisclosed

Date: March 15

Investors: R3, Republic Crypto, KuCoin Labs, Big Brain Holdings, Magnus capital, DWF Labs

Category: Infrastructure, Layer2, Privacy

Description: Ten is a Layer 2 solution for Ethereum that provides privacy and scalability. It ensures that inputs, contract states, and executions are always encrypted. Obscuro's programmable privacy allows developers to decide what they want to keep private and what they want to make public at a granular level. R3, a global enterprise software firm, incubated Ten.

Additions: Ten raised $ 7.5 M in funding round on December 5, 2023

Website:https://www.ten.xyz/

Twitter:https://twitter.com/tenprotocol

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