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Posted on Apr 11, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 04/12/2023

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

【1】CAT Labs

Amount: $4.3 million

Stages: Undisclosed

Date: April 11

Investors: Castle Island Ventures, Brevan Howard Digital, CMT Digital, RW3 Ventures, Newark Venture Partners

Category: Compliance Solutions

Description: Pear Protocol is an on-chain spread trading platform allowing users to create leveraged long and short positions on different assets. Spread trading — or specifically pair trading — is the idea that an investor can short one asset while longing another.

Website: https://catlabs.io/

Twitter: https://twitter.com/CatCryptoLabs

【2】Sei Network

Amount: $30 million

Stages: Undisclosed

Date: April 11

Investors: Jump Capital, Distributed Global, Multicoin Capital, Flow Traders, Hypersphere Ventures, Bixin Ventures, Asymmetric, IOBC Capital

Category: Infrastructure, Layer1

Description: Sei Network is a layer 1 blockchain built using the Cosmos SDK and Tendermint core, and features a built-in central limit orderbook (CLOB) module. Decentralized applications building on Sei can build on top of the CLOB, and other Cosmos-based blockchains can leverage Sei's CLOB as a shared liquidity hub and create markets for any asset.

Additions: $5 million in seed round funding closed on August 31, 2022

Website: https://www.seinetwork.io/

Twitter: https://twitter.com/SeiNetwork

【3】UXUY

Amount: $3.2 million

Stages: Seed round

Date: April 11

Investors: Waterdrip Capital, Kucoin Ventures, Pionex, LK Venture, Arcane Group, Lapin Digital, Bixin Ventures, Daoverse Capital

Category: DeFi, DEX

Description: UXUY is a cross-chain liquidity aggregation protocol that empowers Web3 projects and users to seamlessly swap tokens across multiple chains. UXUY provides a suite of products, including customizable widget that can be easily embedded into DApp, allowing their team to focus on building without worrying about integrating disparate bridges and DEXs, which could take months.

Website: https://uxuy.com/

Twitter: https://twitter.com/uxuycom

【4】Ramper

Amount: Undisclosed

Stages: Strategic financing

Date: April 11

Investors: Coin98 Ventures

Category: Developer Platform

Description: Ramper is building a suite of SDK/APIs for auth, key management, and crypto/NFT purchase for DApps built on multi-chains to simplify Web3 user onboarding. To make its mission possible, the Ramper team has developed a new key management architecture called Restorative Performant Multiencryption System (RPMS).

Website: https://www.ramper.xyz/

Twitter: https://twitter.com/ramper_xyz

【5】RSS3

Amount: $10 million

Stages: Undisclosed

Date: April 11

Investors: DWF Labs

Category: Web3 protocol

Description: RSS3 is the feed for Web3. With cross-network indexing, social network support, and capitalized ownership, it aims to become the backbone of future social, content, and gaming applications.

Additions: Funding round of unknown amount closed on December 21, 2021; multi-million dollar funding round closed on August 23, 2021

Website: https://rss3.io/

Twitter: https://twitter.com/rss3\_

【6】Xclaim

Amount: $7 million

Stages: Series A

Date: April 11

Investors: Undisclosed

Category: CeFi

Description: Xclaim is a bankruptcy claims trading market. Its centralized, digital marketplace of claims, coupled with other tools and resources, allows crypto traders and investors to seamlessly connect with capital and cash out of their frozen accounts. Rather than waiting years to recover funds from the bankruptcy court, account holders receive immediate liquidity from interested buyers.

Additions: $6.6 million in seed round funding closed on June 25, 2021

Website: https://www.x-claim.com/

Twitter: https://twitter.com/xclaiminc

【7】Pear Protocol

Amount: $1.25 million

Stages: Seed round

Date: April 11

Investors: Flow Ventures, RNR Capital, Portico VC, JY Capital

Category: DeFi, Derivatives

Description: Pear Protocol is an on-chain spread trading platform allowing users to create leveraged long and short positions on different assets. Spread trading — or specifically pair trading — is the idea that an investor can short one asset while longing another.

Twitter: https://twitter.com/pear_protocol

About veDAO

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