Crypto Fundraising October 31 - November 6

On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 30th October and 5th November 2023. We are thrilled to see such tremendous support from all involved. Well done! 

Surf Protocol raised $3M - Permissionless derivative exchange, enabling trading and listing of over 10,000+ assets. The raised capital will be utilized to develop the first permissionless perpetual decentralized exchange, set to be launched on Base.

Vaas raised $1.98M - Founded in Florianopolis by the same trio that founded Decora, a 3D decoration startup, the company focuses on transactions related to cryptocurrencies, but it is also preparing to combat Pix-related scams.

Anapaya Systems raised $9.31M - Anapaya seeks to ensure the sustainability and security of internet infrastructures through SCION. In particular, Anapaya Systems will expand the SCION network for Sui.

Quantum Blockchain Technologies raised $2.4M - Quantum Blockchain Technologies investment programme is focused on selecting the most innovative and out-of-the-box start-ups in the Blockchain and cryptocurrencies sector.

Kana Labs raised $2M - Kana Labs has developed a Web3 Middleware toolkit, which includes aggregated bridges and multiple liquidity sources both EVM and non-EVM blockchain networks.

Waterfall Protocol raised $2M - ByteTrade conducted an extensive six-month due diligence process that successfully tested EMV-compatible DApps and assessments.

Modulus Labs raised $6.3M - Modulus, in particular, will harness ZK-proofs &mdash specifically zkML &mdash to offer users assurance that AI queries remain unaltered or tampered with, thereby paving the way for a broader range of web3 applications to incorporate AI.

Topos raised $5M - This latest funding round was purposefully constructed to bring key VCs and industry leaders on board with direct experience in building global standards, scaling ubiquitous products to massive market share.

Intract raised $3M - Intract is a Web3 marketing community, that provides all campaigns with user attribution one dashboard, cross-platform community analytics, Data-driven Web3 user acquisition and so on.

INTMAX raised $4.88M - INTMAX&rsquos stateless zkRollup protocol is garnering attention as an innovative solution that addresses the issues of high transaction fees, delays, interoperability challenges.

Trips raised $2.5M - The company provides creators with the ability to establish their copyright&rsquos initial digital provenance on-chain, while enabling them to turn creative assets into financial assets.