TrendX

Posted on Jan 09, 2024Read on Mirror.xyz

šŸš€TrendX Financing Daily News 01/10/2024

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

怐1怑PolyHedra

Amount: Undisclosed

Stages: Series A

Date: January 9

Investors: OKX Ventures

Category: Infrastructure, zk

Description: PolyHedra is an infrastructure for Web3 Interoperability, featuring cutting-edge zero-knowledge proof systems. It opens up the design space for Web3 through highly scalable middlewares, such as ZK-NFT containers, DAO/DAC systems, and decentralized Web3 identities.

Additions: PolyHedra raised $ 15 M in Pre-A round on April 4, 2023;PolyHedra raised $ 10 M in strategic financing on February 21, 2023

Websiteļ¼šhttps://polyhedra.network/

Twitterļ¼šhttps://twitter.com/PolyhedraZK

怐2怑Altitude

Amount: Undisclosed

Stages: Extended Seed Round

Date: January 9

Investors: Tioga Capital, New Form Capital, GSR, UDHC, Flow Ventures, Owl Ventures, G1 Ventures, Marc Zeller, Soft Holdings, Metavision

Category: DeFi, Lending

Description: Altitude automates the management of user loans and collateral in real time, across established lending pools and yield aggregators. When users take out loans from the Altitude vault, Altitude optimizes everything by continuously refinancing loans at the best available rates, actively managing dormant capital to generate yield, channeling the generated yield towards reducing debt, and continuously monitoring users' credit scores.

Additions: Altitude raised $ 2.1 M in Pre-Seed round on July 1, 2022

Websiteļ¼šhttps://www.altitude.fi/

Twitterļ¼šhttps://twitter.com/AltitudeFi\_

怐3怑Umoja

Amount: $2 million

Stages: Undisclosed

Date: January 9

Investors: Quantstamp, Blockchain Founders Fund, OrangeDAO, Hyperithm, Psalion VC, Blizzard Fund

Category: DeFi, Derivatives, Insurance

Description: Umoja is an asset-hedging protocol that automates minimizing cryptocurrency exposure risk, enabling anyone to protect themselves from market losses. Umoja allows anyone to automatically hedge their crypto risks up to 30x more affordably than using traditional put-options by tokenizing & democratizing access to Hedge Fund strategies. It enables decentralized hedging of virtually any real-world asset risk - from crypto, to fiat, to even digital bonds, real estate, and commodities.

Websiteļ¼šhttps://umoja.finance/

Twitterļ¼šhttps://twitter.com/UmojaProtocol

怐4怑AI Arena/ArenaX Labs

Amount: $6 million

Stages: Undisclosed

Date: January 9

Investors: Framework Ventures,Ā FunPlus,Ā SevenX Ventures,Ā Moore Strategic Ventures

Category: Games, AI

Description: AI Arena is a PVP fighting game developed by ArenaX Labs, where players can learn through AI to continuously evolve the game's characters, and the combat mode is similar to Nintendo's Smash Bros. game. It combines games, NFT (IP) and AI algorithms to give players a new gaming experience while protecting the intellectual property of AI practitioners and helping them monetize. The long-term vision is to create a two-sided market for AI that matches the needs of buyers and sellers.

Additions: AI Arena raised $ 5 M in Seed round on Oct 28, 2021

Websiteļ¼šhttps://aiarena.io/

Twitterļ¼šhttps://twitter.com/aiarena\_

怐5怑Finoa

Amount: $15 million

Stages: Undisclosed

Date: January 9

Investors: Maven11, Balderton Capital, Signature Ventures, Coparion, Venture Stars, Blue Bay Ventures

Category: CeFi, hosting, pledge services

Description: Finoa provides institutional crypto custody and staking solutions for a range of carefully selected assets. They are licensed by the German Federal Financial Supervisory Authority (BaFin) with a preliminary crypto-asset custody license (Ā”Ƭ64y Para. 1 KWG)

Additions: Finoa raised $ 22 M in Series A round on April 28, 2021;Finoa raised $ 2.5 M in Seed round on January 7, 2020

Websiteļ¼šhttps://www.finoa.io/

Twitterļ¼šhttps://twitter.com/Finoa_io

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.

Websiteļ¼šĀ https://app.trendx.tech/

Twitterļ¼šĀ https://twitter.com/TrendX_tech

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