Web3 Fundraising Deals - 18th To 24th June, 2024

Infrared Finance secured an undisclosed amount of funding via Binance Labs on June 24th. Infrared stands as the leading application in the realm of the Proof of Liquidity (PoL) consensus mechanisms.

SoSo Value raised $4.15M in seed funding led by HongShan (ex-Sequoia China) on June 23rd. SoSo Value is a one-stop financial research platform tailored for all kinds of cryptocurrency investors.

Verida successfully secured $5.00M in seed funding, supported by Gatelabs, as announced on June 22nd. Verida is the self-sovereign private data DePIN designed for Web3 and serves as a fully mobile ZK wallet for identity, data, and crypto related needs.

Decent.land received $3.00M in undisclosed funding by LD Capital on June 21st. Decent.land is a set of Web3 social protocols for identity, DAO governance, and social networking.

Gudchain secured $5.00M in undisclosed funding by Mechanism Capital on June 20th. Gudchain is a platform specifically designed to promote blockchain technology in gaming. Currently, Gudchain serves as a comprehensive solution for game developers, allowing them to launch frictionless Web3 games to a broad audience.

Farworld Labs raised $1.75M on June 20th, with support by Variant. Built on Farcaster, Farcade is a platform and suite of tools designed for developers to create crypto-native games that integrate with on-chain social interactions. It enables users to play games directly within their existing social environments.

Bring acquired $1.10M in undisclosed funding on June 20th, with support by StarkWare. Bring offers cashback rewards on purchases across a variety of categories, including fashion, electronics, health and beauty, and travel services, via a network of 450 retailers.

Zeek Network secured $3.00M in seed funding via Everest Ventures Group (EVG) on June 20th. Zeek is a decentralized collaboration economy that incentivizes reputation through innovative social bounty mechanics. Individual behaviors and engagements build a reputation layer known which can be monetized and used to measure credibility, reliability, and influence.

Saltwater Games received an undisclosed amount in seed funding by Animoca Brands on June 20th. Saltwater Games is a dynamic online platform that offers an extensive collection of engaging games and interactive experiences.

Particle Network closed a Series A round of $15.00M led by The Spartan Group on June 20th. Particle Network is a Web3 infrastructure project, with a keen focus on developing an Intent-Centric Modular Access Layer for Web3. The platform aims to revolutionize the industry by shifting to consumer friendly markets.