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Posted on Sep 08, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 09/09/2023

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

【1】OpenCover

Amount: $4.2 million

Stages: Seed round

Date: September 07

Investors: NFX, Jump Crypto, Alliance DAO, OrangeDAO, Base Ecosystem Fund

Category: DeFi, Insurance

Description: OpenCover works with leading underwriters to help individuals and institutions protect themselves against onchain risks such as smart contract exploits, scams and governance attacks. It currently offers portfolio cover and institutional services.

Website:https://opencover.com/

Twitter:https://twitter.com/OpenCoverDeFi

【2】Avantis

Amount: Undisclosed

Stages: Undisclosed

Date: September 07

Investors: Base Ecosystem Fund

Category: DeFi, Derivatives, Synthetic Assets

Description: Avantis is an oracle-based synthetic derivatives protocol where users can trade crypto and real world assets with up to 100x leverage, and earn yield as a market-maker by providing USDC liquidity.

Website:https://www.avantisfi.com/

Twitter:https://twitter.com/avantisfinance

【3】BSX

Amount: Undisclosed

Stages: Undisclosed

Date: September 07

Investors: Base Ecosystem Fund

Category: DeFi, Derivatives

Description: BSX is building a decentralized limit order book for users to go long and short with leverage. BSX to combines the best of CeFi trading experiences (e.g. cross-collateralization, powerful cross-margining, improved front-end, limit orders) with the best of DeFi (such as self-custody directly on Base).

Website:https://www.bsx.exchange/

Twitter:https://twitter.com/bsx_labs

【4】Paragraph

Amount: Undisclosed

Stages: Undisclosed

Date: September 07

Investors: Base Ecosystem Fund

Category: Creator Economy, Content Publishing Platform

Description: Paragraph is an onchain creator platform that helps creators publish, share, and build a business around their content, using permissionless protocols to supercharge growth and earning potential. Paragraph utilizes novel onchain mechanisms such as enabling creators to turn posts into collectibles, send newsletters to wallet addresses, monetize via recurring memberships, and tap into decentralized social protocols (e.g. Farcaster, Lens, XMTP) to build and foster their communities.

Additions: Paragraph raised $ 1.7 M in funding round on October 24, 2022

Website:https://paragrapgh.xyz/

Twitter:https://twitter.com/paragraph_xyz

【5】GAM3S.GG

Amount: $2 million

Stages: Seed round

Date: September 07

Investors: Mechanism Capital, Polygon, ArkStream Capital, LD Capital, ROK Capital, Hyperithm, SnackClub, EMURGO Ventures, Double Peak Group

Category: Game, Game platform

Description: GAM3S.GG(Polkastarter Gaming)is a Web3 game content project. The mission is to onboard gamers into web3 through game discovery, content, live streaming, community events, and much more.

Website:https://gam3s.gg/

Twitter:https://twitter.com/gam3sgg\_

【6】LeverFi

Amount: $5 million

Stages: Strategic Financing

Date: September 07

Investors: Unicorn Web3

Category: DeFi, Lending

Description: LeverFi is an on-chain leveraged trading protocol. Traders can deposit collateral such as BTC, ETH, Curve-LP, Uni-LP and more to trade changes in asset prices at up to 10x leverage. By depositing collateral to farming protocols, traders can earn yields and leverage trade simultaneously.

Additions: LeverFi raised $ 1 M in Private round on August 23, 2020

Website:https://www.leverfi.io/

Twitter:https://twitter.com/LeverFi

【7】BulletChain

Amount: $2 million

Stages: Seed round

Date: September 07

Investors: Undisclosed

Category: Game, Shooting Game

Description: BulletChain is an free-to-play, play-and-earn, third person shooter initially building on the Binance Smart Chain. Operated by King System and comprised of a team with mobile game development and e-sports industry experience, our game has two main game modes: casual and competitive. The former is free-to-play for everyone and the latter requires and entry fee that gets pooled together as a prize for the winning team. Furthermore, we are working on an eSports Fantasy feature where players can predict the outcome of competitive matches and performance of individual players for potential rewards.

Website:https://bulletchain.sg/

Twitter:https://twitter.com/BulletChainGame

【8】Crucible

Amount: Undisclosed

Stages: Undisclosed

Date: September 07

Investors: Born Ready

Category: Infrastructure, Gaming Solutions

Description: Crucible is offering gamers a way to consolidate all their digital assets, including in-game assets, under a single user interface. This stack will be embedded within major game engines, enabling native access. The technology integrates with self-sovereign, blockchain-based identity solutions that aim to securely manage user identity verification in a privacy-preserving manner. This means gaming development companies will no longer have to burden themselves with the task of verifying user identity or storing sensitive user data in centralised repositories. The grand vision at Crucible is to allow gamers to verify their existence to video game operators without revealing any sensitive information about their personal identity.

Website:https://www.crucible.network/

Twitter:https://twitter.com/CrucibleNetwork

【9】Zeebu

Amount: $25 million

Stages: Undisclosed

Date: September 07

Investors: Bankai Ventures

Category: Tools

Description: Zeebu is an on-chain invoice settlement platform for the Telecom Carrier Industry, powered by $ZBU. With their settlement platform and loyalty token, Zeebu aims to revolutionize the telecom carrier industry, empowering telecom carriers with loyalty rewards, streamlined invoice settlements, and enhanced transparency by leveraging blockchain technology.

Website:https://www.zeebu.com/

Twitter:https://twitter.com/zeebuofficial

【10】Helix

Amount: $2 million

Stages: Pre seed round

Date: September 08

Investors: Saison Capital, Superscrypt, EMURGO Ventures, Comma3 Ventures, Outlier Ventures, Emoote

Category: DeFi, Lending, RWA

Description: Helix is a RWA credit protocol. The project aims to enable blockchain-based lending to businesses across Southeast Asia, according to an announcement today. Its platform pairs proprietary credit assessment tools with a pipeline of credit opportunities spanning a range of sectors.

Website:https://helix.helilabs.io/

Twitter:https://twitter.com/helixfinance

【11】Fortress Trust

Amount: Undisclosed

Stages: M&A

Date: September 08

Investors: Ripple

Category: CeFi, Custody, Payments

Description: Fortress Trust was formed by leading crypto regulators, bankers and blockchain experts to provide innovators with compliant financial infrastructure to build and scale the next generation of modern custody and payments infrastructure.

Website:https://fortresstrust.com/

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