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Posted on Feb 20, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 02/21/2023

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

【1】Renegade

Amount: $3.4 million

Stages: Seed round

Date: February 20

Investors: Dragonfly, Naval Ravikant, Balaji Srinivasan, Lily Liu, Tarun Chitra, Marc Bhargava, Lev Livnev

Category: DeFi, zk

Description: Renegade is developing an on-chain version of its dark pool based on multi-party computation (MPC) and zero-knowledge proofs, allowing experienced traders to trade at better prices without the broader market noticing their intentions.

Website:https://renegade.fi

Twitter:https://twitter.com/renegade_fi

【2】EthSign

Amount: Undisclosed

Stages: Undisclosed

Date: February 20

Investors: Animoca Brands

Category: On-chain financial solution

Description:EthSign is building a suite of non-financial, decentralized applications that enable entities to sign legally binding agreements to conduct business on the blockchain. EthSign's first product, Signatures, allows users to sign legally binding agreements using their public keys, creating an on-chain record of agreement to contract terms. EthSign's second product is TokenTable, which helps Web3 projects execute, track and enforce projects for the distribution of their tokens.

Additions:$12 million in funding on March 9, 2022; $650,000 in seed round funding on July 27, 2021

Website:https://www.ethsign.xyz

Twitter:https://twitter.com/ethsign

【3】Gateway FM

Amount: $4.6 million

Stages: Seed round

Date: February 20

Investors: Lemniscap, CMT Digital, Very Early Ventures, Fantom, TRGC, Folius Ventures, The LAO, Unstoppable Domains, MetaWeb Ventures

Category: Developer Platform

Description:GatewayFM is a decentralized blockchain infrastructure/node provider. Its globally distributed multi-chain infrastructure is designed to help developers seamlessly scale web3 projects so they don't have to worry about acquiring, configuring or maintaining servers.

Website:https://gateway.fm

Twitter:https://twitter.com/gateway_eth

【4】paprMEME

Amount: $3 million

Stages: Undisclosed

Date: February 20

Investors: Coinbase Ventures

Category: NFT, NFTFi, Uniswap V3 Eco

Description:Papr is an NFT lending protocol powered by Uniswap V3, a platform that does not offer direct peer-to-peer lending, but instead uses a novel mechanism built around its native token. The contract uses market prices to determine the interest owed by the borrower, paid in the form of an appreciation in the price of papr tokens.

Website:https://www.papr.wtf

Twitter:https://twitter.com/backed_xyz

【5】Arbitrove

Amount: $14 million

Stages: Public offering round

Date: February 20

Investors: Undisclosed

Category: DeFi, ETF

Description:Arbitrove is a return index and strategy vault protocol built natively on the Arbitrum network. ALP is the first index of the Arbitrove protocol, a basket of selected blue chip tokens such as GMX, MAGIC and GRAIL, deployed with various strategies to generate returns for our users.

Website:https://nitrocartel.finance/arbitrove

Twitter:https://twitter.com/nitrocartel

【6】Third Earth

Amount: Undisclosed

Stages:M&A

Date: February 20

Investors: Holium

Category: Tools

Description:Third Earth is a Urbit hosting platform that hosts Urbit IDs and simplifies the process of connecting users to the Urbit network.

Website:https://third.earth

Twitter:https://twitter.com/ThirdEarth3

【7】Holium

Amount: $2.9 million

Stages:Seed round

Date: February 20

Investors: Undisclosed

Category: Infrastructure

Description:Holium has designed and developed a new operating system called Realm, focused on collaborative computing and community building. Users can access the full suite of services with a single login, significantly reducing their personal and professional software stacks. Holium is designed to provide Web 3 companies, DAO, and the Internet community with all the tools necessary to securely perform computing on Urbit.

Additions:Acquired Third Earth on February 20, 2023

Website:https://www.holium.com

Twitter:https://twitter.com/holiumcorp

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.

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