Crypto Fundraising October 3 - 9

On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 3rd October and 9th October 2023. We are thrilled to see such tremendous support from all involved. Well done! 

AirDAO raised $7.5M - AirDAO is an ecosystem of innovative, user-friendly dApps accessible through a single dashboard.

Paima Studios raised $1.4M - The Paima team, beyond building core infrastructure, also builds games too.With multiple games live already, Paima have been working on Tarochi.

Toncoin raised an undisclosed amount - Ton is the next generation network aiming to unite all blockchains and the existing Internet. TON blockchain was launched by the founders of Telegram.

Blackbird raised $35M - The funds give the company significant runway, and that the funding will go toward scaling up operations as well as marketing. Blackbird, which is built on Coinbase&rsquos Layer-2 Base blockchain.

ParaFinance raised $5M - ParaFinance offers a diverse range of collateral assets for users to choose from. With a wide selection of digital assets, including WBTC, ETH, UNI, and ARB, users can use these as collateral.

Convergence RFQ raised $2.5M - Convergence RFQ is currently building its platform on Solana and then wants to also support the Ethereum Layer 2 network Arbitrum.

Cicada raised $9.7M - Cicada aims to build non-custodial credit products on top of the Cambrian explosion in blockchain-based credit origination protocols.

L1 Advisors raised $1.6M - Through L1 Platform platform, wealth and asset managers will leverage the most powerful decentralized finance protocols and the benefits of self get access to products that aren&rsquot possible offchain.

Burnt raised an undisclosed amount - Burnt is building XION, the only layer-1 blockchain specifically built for consumer adoption. Burnt is the Web3 foundry behind XION.

Phaver raised $7M - Phaver is a Web3 social app that rewards users for creating and sharing quality content. The capital will be used to scale the team as well as for product development and additional partnerships.

Fairblock raised $2.5M - Fairblock&rsquos goal is to lower risks for average crypto users, adding that there are still many issues with transactions being front-run or having the contents of a transaction leaked.

Hadean raised $47.6M - Founded in 2015, Hadean are a venture backed startup, reimagining distributed, spatial and scalable computing for web 3.0 and the metaverse.

Ostium Labs raised $3.5M - Ostium Labs is currently developing a new protocol for digitized commodities perpetual swaps. Ostium Labs aspire for this platform to attract both traditional commodities traders.

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