On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 10th October and 16th October 2023. We are thrilled to see such tremendous support from all involved. Well done! OrdinalsBot  raised $1M – The startup was founded in February 2023 by Brian Laughlan and Toby Lewis. It recently launched its Software Developer Kit (SDK) providing developers with the tools to seamlessly integrate ordinals functionality into their projects. Neutral  raised $3.2M – In building advanced market infrastructure for the environmental asset markets of the future, Neutral stands at the intersection of these two global trends. REPUBLIK  raised $6M – RepubliK is a Web3 content creation platform where content creators can connect with their audiences and utilize built-in smart contracts to handle monetization processes. Untangled raised $13.5M – Untangled provides infrastructure to host blockchain-based credit pools, where investors &ndash in this case, certified investors, firms, and decentralized autonomous organizations (DAOs) &ndash deposit funds to lend and earn a yield. Membrane Labs  raised $20M – Membrane is a technology platform offering enterprise-grade trading and lending applications for crypto. The capital will be used to help build the type of grown-up trading infrastructure the crypto space needs in order to avoid further disasters. Beldex raised $3M – Beldex is more than simply a platform it is a trailblazing force transforming the blockchain world. Beldex is prepared to continue making waves in the blockchain and cryptocurrency sector. Parsec raised $5.25M – Parsec is designed to be your eyes and ears. It is the beating heart of the market, equipped with real-time data streams and rich high fidelity visualizations that paint a picture of an often opaque market. KINO raised $2M – KINO Studio brings the power of technology to film through community building, royalties processing, and IP discovery. KINO&39s technology makes the entertainment industry faster, stronger, and more connected. Silks raised $7M – Silks is the first derivative gaming platform that leverages a blockchain-enabled metaverse to parallel the real world of thoroughbred horse racing. Initia raised an undisclosed amount – The founding team comprises former founders, staff-level engineers, and researchers from the Cosmos and Ethereum ecosystem. Account Labs raised $7.7M – The strategic investment comes in tandem with the launch of their consumer-centric application, UniPass Wallet, a self-custody wallet focused on peer-to-peer (P2P) stablecoin transfers. To stay updated with news about future Web3 Funding Rounds, Follow CryptoWeekly
