Web3 Fundraising Deals - 8th To 14th October 2024

Fission Labs raised $1.60M in Pre-Seed funding with support by Kraynos Capital. Fission is a DeFi application built for venture capital products on Ethereum. It integrates tokenization, trading, lending, and automated liquidity provisioning into a simple, end-to-end solution.

AiGO Network secured an undisclosed amount in Strategic funding with Waterdrip Capital providing assistance. AiGO Network is an AI-powered, decentralized platform designed to address challenges in urban mobility by capturing mobility data and encouraging community contributions.

Ithaca raised $20M in Undisclosed funding with support by Paradigm. Ithaca is a project focused on building a Layer 2 blockchain solution to enhance scalability and efficiency in decentralized networks while also providing faster and more efficient transactions without compromising security.

PiP World obtained $10M in Seed funding with help by Exinity. PiP World is a Web3 gaming and educational ecosystem designed to make financial markets education engaging and accessible. It has also launched a tapping game called Gold Rush on Telegram Messenger.

Infinitar secured $9M in Series A Funding with assistance by AccelByte. Infinitar is an integrated Moba game that combines team competition, NFT collection, game asset trading, and a social system, aimed at providing an unprecedented Web3 gaming experience.

Apex Fusion acquired $6M in Undisclosed funding. Apex Fusion is a multi-chain Layer-1 network that aims to provide a seamless experience for blockchain builders and developers by combining the transaction execution methods of UTXO and EVM into a single decentralized ecosystem.

Yala Finance raised $8M in Seed funding with help by Polychain Capital. Yala Finance leverages the Yala modular infrastructure to offer a lending protocol enabling users to borrow over-collateralized stablecoins ($YU) by depositing BTC or UTXO assets.

Solv Protocol secured $11M in Strategic funding with assistance by Blockchain Capital. Solv is a decentralized platform focused on providing liquidity and yield infrastructure for digital assets. It offers products like SolvBTC, which allows users to earn DeFi yield and participate in cross-chain point farming.

Scallop obtained an undisclosed amount in Strategic funding with support by Sui Foundation. By emphasizing institutional-grade quality, enhanced composability, and robust security, Scallop is dedicated to building a dynamic money market that offers high-interest lending, low-fee borrowing, AMM, and digital asset self-administration tool on a unified platform.

Trendies raised $1.75M in Pre-Seed funding with help by Archetype Ventures Inc.. Trendies is the first launchpad built for holders, where holders are rewarded for being active in their communities.