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Posted on Mar 24, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 03/25/2023

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

【1】Raisin

Amount: €60 million

Stages: Series E

Date: March 24

Investors: Catalyst

Category: Infrastructure

Description: Raisin is a pioneer of Open Banking for savings and investment products. The fintech company provides an open banking infrastructure for the $50+ trillion global deposit market, benefiting banks and savers alike. Savers get a wider choice of attractive products with the ability to move their money freely, while financial service providers get best-in-class marketplace solutions for their own customers, and banks get better access to deposit funding.

Website: https://raisin.com/

Twitter: https://twitter.com/Raisin_EN

【2】Hadean

Amount: $5 million

Stages: Series A

Date: March 24

Investors: Ericsson Ventures, Metrea Discovery, VU Venture Partners, Sanctor Capital, Tirta Ventures

Category: Infrastructure, Metaverse Solution, Distributed Cloud Platform

Description: Hadean is creating distributed, spatial and scalable computing for web 3.0 and the metaverse. The distributed cloud platform is a software layer that enables scalability, security, and interoperability, driving the metaverse and digital immersive experiences for enterprise, commercial, gaming and government customers.

Additions: $30 million Series A funding round closed in September 2022

Website: https://hadean.com/

Twitter: https://twitter.com/hadeaninc

【3】Contango Digital Asset

Amount: $1.2 million

Stages: Seed round

Date: March 24

Investors: Family Office, Venture Capital, HNW Angel

Category: Infrastructure

Description: Contango Digital Assets is a company domiciled in the British Virgin Islands and regulated by the FSC. It is a venture firm focused on investing in and building products and services that make Web3 globally accessible. Contango invests in early-stage Web3 infrastructure that enables and improves user experience. It has created a community of more than 450 angel investors, researchers, founders and industry experts.

Website: https://contango.digital/

Twitter: https://twitter.com/ContangoDigital

【4】Auros

Amount: Undisclosed

Stages: Strategic financing

Date: March 24

Investors: Bit Digital

Category: CeFi, Quantitative Trading

Description: Auros is a quantitative trading and market making company focused on liquidity provision in the digital asset space.

Additions: $17 million funding round closed on March 21, 2023

Website: https://www.auros.global/

Twitter: https://twitter.com/GlobalAuros

【5】Narwhal Finance

Amount: $1 million

Stages: Seed round

Date: March 24

Investors: Animoca Brands, Hailstone Ventures

Category: DeFi, perpetual contracts

Description: Narwhal Finance is a cross-market decentralized perpetual contracts trading platform that enables leveraged trading across all asset classes through synthetic assets, providing a unique solution for social trading. Liquidity providers on Narwhal earn revenue from transaction fees and top trader performance, making it a profitable opportunity for all parties involved.

Website: https://narwhal.finance/

Twitter: https://twitter.com/Narwhal_Fi

【6】Particle Network

Amount: $7 million

Stages: Seed round

Date: March 24

Investors: ABCDE Capital, Animoca Brands, LongHash Ventures, GSR, HashKey Capital, OP Crypto, Arcane Group, ArkStream Capital

Category: MPC wallet, developer platform

Description: Particle Network is a Web3-oriented development platform that aims to improve developers' development efficiency and accelerate the mass adoption of Web3. Its core product is a login and wallet middleware based on MPC-TSS technology, which eliminates the need for end-users to remember mnemonics and use gas fees, greatly reducing the barrier to Web3 adoption.

Additions: $1.5M in pre seed funding closed on May 5, 2022

Website: https://particle.network/

Twitter: https://twitter.com/ParticleNtwrk

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

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