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Posted on May 31, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 06/01/2023

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

【1】Magic

Amount: $52 million

Stages: Strategic financing

Date: May 31

Investors: PayPal Ventures, Northzone, Volt Capital, Cherubic Ventures, Synchrony

Category: Developer Platform, DID

Description: Magic is a wallet-as-a-service provider that helps businesses onboard users into web3 with instant non-custodial wallet creation. It uses email or social logins, while removing the need for seed phrases and browser extensions - making it indistinguishable from standard web2 experiences that everyday users are accustomed to. Magic offers features for end-to-end web3 onboarding including authentication, fiat onramps, NFT Minting and NFT Checkout.

Additions: Magic raised $ 27 M in Series A round on July 22, 2021;Magic raised $ 4 M in Seed round on June 02, 2020

Website:https://magic.link/

Twitter:https://twitter.com/magic_labs

【2】Anoma Network

Amount: $25 million

Stages: Undisclosed

Date: May 31

Investors: CMCC Global, Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, MH Ventures, Bixin Ventures, Anagram, Factor, Spartan Group, Perridon Holdings, No Limit, Plassa

Category: Layer1, Privacy

Description: Anoma Network is a private blockchain for bartering that enables traders to securely transfer and convert assets without the need of a base currency. Anoma Network is designed to facilitate private transactions through "asset-agnostic bartering". Bartering refers to the exchange of goods and services for other goods and services without money as the intermediary.

Additions: Anoma Network raised $ 26 M in a funding round on November 17, 2021;Anoma Network raised $ 6.75 M in Private round on April 27, 2021

Website:https://anoma.net/

Twitter:https://twitter.com/anomanetwork

【3】M80

Amount: $3 million

Stages: Seed round

Date: May 31

Investors: Expert Dojo, VT Technology Ventures, Practical Venture Capital

Category: Game

Description: M80 represents the next generation of organization built for today’s esports and gaming fans. It will develop and launch consumer goods, create digital items with real-world utility and explore innovations in web3, blockchain and other emerging technologies.

Website:https://www.m80.gg/

Twitter:https://twitter.com/M80gg

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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