Web3 Fundraising Deals - 17th To 23rd September, 2024

Zulu Network raised an undisclosed amount in Seed funding with help by Draper Dragon. Zulu Network is a Bitcoin Layer 2 solution, introducing a two-layer architecture aimed at enhancing the capabilities of the Bitcoin Network.

Chaos Labs secured $4M in Undisclosed funding with assistance by PayPal Ventures. Chaos Labs is a platform that focuses on providing advanced risk management solutions for DeFi protocols.

Coinhall obtained an undisclosed amount in M&A funding with support by Jupiter. Coinhall is a decentralized trading terminal for Solana and Cosmos blockchains. It offers real-time prices, charts, swap aggregations, and analytics across all Automated Market Maker (AMM) decentralized exchanges within the Cosmos ecosystem.

Helius acquired $21.75M in Undisclosed funding with help by Founders Fund. Helius aims to help creators by providing APIs to understand on-chain data and query transactions, as well as webhooks that enable automations and bots, plus the RPC nodes that let Solana apps interact with the blockchain.

Aptos Foundation secured an undisclosed amount in Strategic funding with support by Foresight Ventures. Aptos is a scalable Layer 1 blockchain that offers new and novel innovations in consensus, smart contract design, system security, performance, and decentralization.

Bool Network obtained $2M in Seed funding with assistance by Spark Digital Capital. Bool Network is an open, decentralized, and secure Bitcoin verification layer powered by MPC-based (Multi-Party Computation) distributed key management.

CUDIS raised $5M in Seed funding with help by Draper Associates. CUDIS is a Web3 AI wellness company that develops a smart ring for monitoring health metrics. The ring allows users to access their health data via the Solana blockchain and earn passive rewards.

Amnis Finance secured $2M in Seed funding with assistance by OKX Ventures. Amnis Finance is a DeFi protocol on the Aptos blockchain that focuses on liquid staking and yield tokenization. Users can stake their APT tokens through Amnis to earn staking rewards without locking up their capital or running a validator node.

Vana obtained $5M in Strategic funding thanks to support by Coinbase Ventures. Vana is a network designed for private, user-owned data. It is an EVM-compatible Layer 1 blockchain specifically created for collective ownership of private digital assets used in artificial intelligence systems.

Toncoin (by Telegram Messenger) raised $30M in Strategic funding with help by Foresight Ventures. Toncoin (TON) is the native cryptocurrency of The Open Network (TON) blockchain, which was originally created by Telegram in 2018. It was meant to be a competitor to Ethereum and is used for transaction fees, securing the blockchain, gas payments, and more.