Web3 Fundraising Deals - 25th June To 1st July, 2024

Astria secured $12.50M in strategic funding via Placeholder Ventures on July 1st, 2024. Astria is building a sequencing layer that can be shared amongst multiple rollups.

Sun Protocol received an undisclosed amount in seed funding by DFG on 30th June, 2024. Sun Protocol brings together the main technological architecture of Web3 and dApps on the same network.

MegaETH raised $20.00M in seed funding with support by Dragonfly Capital on 27th June, 2024. MegaETH is an EVM-compatible blockchain that brings Web2-level real-time performance to the crypto world for the first time.

XProtocol received $800.00K in strategic funding by Cogitent Ventures on 27th June, 2024. XProtocol is an entertainment-focused modular blockchain leveraging OP&39s Superchain for mass adoption.

Rebar Labs closed a $2.90M seed round with investment by @6th Man Ventures. Rebar Labs empowers Bitcoin&39s ecosystem to address MEV, ensuring fair and transparent markets for users and miners.

Fenix secured $300.00K in seed funding by Orbs on 27th June, 2024. Fenix is an AMM platform optimizing liquidity pool deployment and trading efficiency.

Bluefin announced an undisclosed M&A transaction with Flow Traders on 27th June, 2024. Bluefin (formerly Firefly) is a decentralized, orderbook-based exchange for financial products.

ORA completed a Series A round with $20.00M led by Polychain Capital 26th June, 2024. ORA is a verifiable oracle protocol that integrates AI and complex computations into blockchain environments.