Crypto Fundraising January 2 - 8

On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 2nd-8th January, 2024. We are thrilled to see such tremendous support from all involved. Well done!

EZswap raised $2m - The EOS Network Foundation (ENF) is excited to announce that EOS Network Ventures (ENV) has strategically invested $500k into EZ Swap, contributing to its successful second fundraising round in December 2023

Solscan Pte. Ltd. raised $4m - Block explorer Etherscan has acquired Solscan, a prominent block explorer for the Solana ecosystem, in a move to &ldquoimprove the accessibility of blockchain data across multiple networks,

IISP raised an undisclosed amount - KuCoin Exchange Labs has announced its investment in ISSP. This investment is aimed at supporting the development of ISSP&rsquos ground-breaking inscription protocol, which operates on the cutting-edge Sui Network, known for its high throughput and scalability.

Power Pod raised $1m - The funds will be mainly utilized for hardware development and rigorous testing, the validation of the business model in select markets, and the cultivation of the network ecosystem.

DeMR raised an undisclosed amount - KuCoin Labs, the incubator and investment arm of the KuCoin ecosystem, has announced a strategic investment in DeMR, marking the beginning of a comprehensive collaboration in community operations and subsequent product development.

Bracket Labs raised $2m - Bracket Labs, a project that builds leveraged structured products on-chain with simple interfaces and innovative, adaptive pricing to vastly improve usability.

CharacterX raised $2.5m - A decentralized AI social network, announced a significant 2.8 million round with 30 million valuation co-led by Lightspeed Venture Partners, INCE Capital, and Spark Digital Capital.

TrendX raised $1m - Aims to be the preferred platform for the next billion users entering the Web3 domain, providing a comprehensive experience in project discovery, trend analysis, primary investment, and secondary trading through the combination of AI-driven trend tracking and smart trading.

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