Crypto Fundraising September 26 - October 1

On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 25th September and 1st October 2023. We are thrilled to see such tremendous support from all involved. Well done! 

Cygnetise raised $4.26M - Cygnetise is a decentralised application that makes the process of managing authorised signatory lists efficient and secure. Using blockchain technology, organisations including PwC, BNY Mellon, SG Kleinwort Hambros (SocGen) and many more.

Pimlico raised $1.6M - The infrastructure layer powering Ethereum&rsquos transition to ERC-4337 smart accounts. The funds raised will be pivotal in propelling the development of Pimlico&rsquos innovative smart account infrastructure, revolutionizing Ethereum&rsquos ecosystem.

LeverFi raised $2M - LeverFi is a platform for on-chain leverage trading using yield-bearing collateral. Developer of decentralized leverage trading platform intended to provide users with the ability to trade with leverage permissionless and transparent platform.

Satsuma raised $5M - Satsuma is a blockchain indexing platform with drop-in support for hosted subgraphs. It features subgraph indexing with high reliability & low block lag, GraphQL API with high availability & low response times, advanced metrics for monitoring indexing and queries and flexible subgraph versioning system.

Avantis Labs raised $4M - Avantis is a decentralized leverage trading platform for cryptocurrencies and forex. One big area of innovation here is introducing dynamic risk management for liquidity providers via tranches, which allows them to select their appropriate risk-reward level.

Fhenix raised $7M - The funds will be used to bring Fhenix&rsquos &ldquoconfidential&rdquo smart contract platform into a public testnet, dubbed &ldquoRenaissance,&rdquo early next year and support ecosystem development following the launch of its private devnet in July.

AnchorWatch raised $3M - With this latest investment, AnchorWatch will be in position to complete all regulatory and capital requirements needed to deliver Trident Vault to customers and start selling policies.

Zunami Protocol raised an undisclosed amount - Zunami&rsquos innovative approach to Omnipools and aggregated stablecoins swiftly gained market traction, surpassing a TVL of over $7 million in just a few months since the launch of its initial aggregated product.

KYAX raised an undisclosed amount - KYAX help system and data constrained crypto leaders get the right data, into the right hands, with the right reports. Independent blockchain advisory firm Appold has invested in and formed a strategic partnership with digital asset reporting and transaction reconciliation specialist KYAX.

To stay updated with news about future Web3 Funding Rounds, Follow CryptoWeekly