TrendX

Posted on Mar 07, 2024Read on Mirror.xyz

🚀TrendX Financing Daily News 03/08/2024

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

【1】Firewall

Amount: $3.7 million

Stages: Pre Seed round

Date: March 7

Investors: North Island Ventures, Breyer Capital, Hack VC, Finality Capital Partners, Kain Warwick, Jia Yaoqi , Smokey, Tim Ogilvie, Nathan McCauley, Dong Xinshu, Jack Lu, Pranay Mohan

Category: Security Solutions

Description: Firewall is developing a firewall solution for blockchain networks to prevent smart contract exploits. Unlike traditional network firewalls, which monitor incoming and outgoing transactions to identify threats using predefined security criteria, Firewall employs rollups — aggregating multiple transactions into a single batch — and "programmable transaction finalization rules" to intercept exploits before they are recorded on the blockchain. The "proof-of-exploit" consensus mechanism it is creating classifies smart contract exploits as “invalid state transitions” to be reversed.

Website:https://usefirewall.com/

Twitter:https://twitter.com/UseFirewall

【2】Zama

Amount: $73 million

Stages: Series A

Date: March 7

Investors: Multicoin Capital, Protocol Labs, Metaplanet, Blockchange, Stake Capital, Juan Benet, Gavin Wood, Anatoly Yakovenko, Vsquared Ventures

Category: Infrastructure, Privacy

Description: Zama is a cryptography company building open source homomorphic encryption tools for developers.Homomorphic encryption (FHE) is a technology that enables processing data without decrypting it. This can be used to create private smart contracts on top of public, permissionless blockchains, where only specific users would be able to see the transaction data and contract states.

Website:https://www.zama.ai/

Twitter:https://twitter.com/zama_fhe

【3】Cosmology

Amount: $5 million

Stages: Seed round

Date: March 7

Investors: Galileo, Lemniscap, Dispersion Capital, HashKey Capital, Osmosis, Chorus One, Informal Systems, Cogitent Ventures, Reverie, Forbole, Aidan Salzmann, Riley Edmunds, Ethan Buchman, Jake Hartnell, Greg Osuri, Ethan Beard, Zaki Manian, Tuesday Capital, HFØ, seb3point0, Adam Bozanich, Julian Spediacci, Dev Ojha

Category: Infrastructure, Developer Platform

Description: Cosmology makes it easy for developers to build web3 apps in the Interchain Ecosystem. It is simple to get started building apps that communicate with Cosmos SDK and CosmWasm chains.

Website:https://cosmology.zone/

Twitter:https://twitter.com/cosmology_tech

【4】Bison

Amount: Undisclosed

Stages: Pre Seed round

Date: March 7

Investors: Portal Ventures, Waterdrip Capital, UTXO Management, Bitcoin Startup Lab, SatoshiLab, domo, Linus Chung

Category: Infrastructure, Layer2, Bitcoin Ecology

Description: Bison is a cutting-edge rollup amplifying transaction speeds, while enabling advanced functionalities on native Bitcoin. Developers can craft innovative DeFi solutions like trading platforms, lending services, and automated market makers.

Website:https://bisonlabs.io/

Twitter:https://twitter.com/Bison_Labs

【5】Beoble

Amount: Undisclosed

Stages: Strategic financing

Date: March 7

Investors: Animoca Brands

Category: Social, Social Communication

Description: beoble is a communication infrastructure and ecosystem that allows users to chat between wallets. Its product includes a web-based chat app, as well as a toolkit that allows Dapps to integrate.

Additions: Beoble raised $ 5 M in Seed round on February 19;Beoble raised $ 2 M in Pre-Seed round on November 15, 2023

Website:https://www.beoble.io/

Twitter:https://twitter.com/beoble_official

【6】Blackwing

Amount: $4.5 million

Stages: Undisclosed

Date: March 7

Investors: Hashed, gumi Cryptos Capital, AlphaLab Capital Group, Ninety Eight, Kyber Ventures, K300 Ventures, Saison Capital, DCF GOD, Tom Howard, Julian Koh, Anand Iyer, Rooter, 0xbrent, @naniXBT, Icebergy

Category: DeFi, Infrastructure, Modular Blockchain

Description: Blackwing is the modular blockchain for liquidation-free leverage trading for any asset. Once traders place funds on Blackwing, they can trade on assets from any modular app chain without transferring funds across different networks, presenting significant cost savings and additional security.

Website:https://blackwing.fi/

Twitter:https://twitter.com/blackwing_fi

About TrendX

TrendX is an AI-driven Web3 trend tracking and intelligent trading one-stop platform, using large language model and AI technology to find market trends, and seamlessly combined with intelligent trading, committed to becoming a new generation of AI trading platform for 1 billion users to enter Web3 to check projects, find hot topics, see trends, primary investment, and secondary trading.

Website: https://app.trendx.tech/

Twitter: https://twitter.com/TrendX_tech