Memes

Web3 Fundraising Deals – July 23rd to July 29th, 2024

Haider Jamal
July 29, 2024

BlonkFi raised an undisclosed amount with support by Signum Capital in Pre-Seed funding. BlonkFi is a money market protocol on the Solana blockchain that enables users to collateralize volatile mid-market capitalizations, such as memecoins, to borrow stablecoins. Mezo raised $7.50M with help by Ledger in Seed funding. Mezo, a Bitcoin Layer2 network, provides users with access to applications that enhance the utility of Bitcoin tokens. BitFi secured an undisclosed amount with support by Fundamental Labs in Seed funding. BitFi is a digital financial platform that integrates secure staking mechanisms with innovative synthetic assets. Multiple Network obtained $2M in Seed funding with support by OKX Ventures. Multiple Network is a Web3 DePIN project utilizing SD-WAN technology. Kintsu secured $4M in Seed funding with help by Castle Island Ventures . Kintsu is a Liquid Staking Protocol (LSP) that is on a mission to boost the GDP of Proof-of-Stake (PoS) blockchains by allowing users to participate in on-chain activities while also benefitting via the yield-bearing staking that secures the blockchain. Roxom raised $4.30M in Pre-Seed funding with help by Draper Associates . Roxom is an exchange that offers stock, commodities, and futures trading priced and denominated in Bitcoin. Block Mining, Inc. secured a whopping $92.5M with help by Riot Blockchain. Block Mining is a bitcoin mining infrastructure and colocation service provider. Caldera obtained $15M in Series A funding with support by Founders Fund . Caldera is a modular blockchain platform, enabling developers to deploy a rollup with EigenDA in one click. Network3 raised $5.5M in Seed funding with help by IoTeX . Network3 is building a dedicated AI Layer 2 designed to assist AI developers worldwide in inferring, training, and validating models at scale quickly, conveniently, and efficiently. assisterr secured $1.7M in Pre-Seed funding with support by Outlier Ventures . Assisterr is a platform designed to transform customer service and support through advanced AI and machine learning.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.