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Haider Jamal

Sep 09, 2024

Web3 Fundraising Deals - 3rd To 9th September, 2024

Vanilla Finance raised an undisclosed amount in Strategic funding with support by HTX Ventures. Vanilla Finance is a decentralized trading platform focused on transforming the cryptocurrency trading experience.

 

 

Dropnest secured an undisclosed amount in Strategic funding with help by Manta Network (MANTA). Dropnest aims to become the biggest protocol for ethical airdrop hunting. The project aims to partner up with new and upcoming protocols going forward. Lastly, as all airdrop accounts will be out in public, protocols will have complete transparency.

 

 

onocoy generated $940K in a Private Token Sale with assistance by Smart Island / Smart Island Capital. onocoy is focused on building a GNSS reference station network by leveraging Web3 technology to provide reference stations at a scale and density only possible through a community-driven approach.

 

 

UXLINK secured an undisclosed amount with help by Animoca Brands. UXLINK is a Web3 social platform designed for broad adoption, offering social asset creation and cryptocurrency trading features.

 

 

Puffpaw raised $6M in Seed funding with assistance by Lemniscap. Puffpaw is a project on Berachain aiming to bring vaping activities on-chain to incentivize quitting smoking. It is developing a unique vape device that tracks smoking habits and transforms the experience into a gamified platform.

 

 

Hypernative obtained $16M in Series A funding with support by Quantstamp, Inc. Hypernative changes the way security and risks are prevented in Web3. With ML and real-time proactive monitoring, the project is able to security, economic, governance, and community risks before they occur.

 

 

IDA secured $6M in Seed funding with help by Hashed Fund. IDA is a digital asset technology company focused on spearheading the widespread adoption of blockchain finance while also empowering businesses to bridge the gap between Web2 and Web3.

 

 

 

Kredete raised $2.25M in Seed funding with assistance by Blockchain Founders Fund. Kredete is a financial platform focused on empowering African immigrants by enabling them to build credit and send money home with low fees.

 

 

DRiP secured $8M in Seed funding with support by Coinbase Ventures. DRiP is a creator platform on Solana that allows artists and creators to distribute digital works, such as art and music, to their followers.

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