Crypto Fundraising January 9 - 15

On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 9th January 2024 and 15th January 2024. We are thrilled to see such tremendous support from all involved. Well done! 

Altitude raised $6.1M and successfully completed on-chain testing and will soon move to a closed beta, available to whitelisted addresses, followed by a full launch.

Umoja Labs raised $3.5m, which helps introduce the first DeFi asset risk management primitive, allowing anyone to hedge their market losses just like a multi-billion dollar hedge fund would.

AI Arena raised $11m and plans to put this funding to use in building out the PvP (Player Vs Player) platform fighter as well as developing similar titles.

Fizen raised $480K and, thanks to the enhanced resources that the platform has acquired, the team will focus on marketing and user growth going forward.

Tune.FM raised $20m. The popular Web3 music platform received $20 million in capital from alternative investment group LDA Capital to advance its goals of helping musicians earning a greater share of royalties from their work.

Eesee raised $ 2.85m. The raise included a $1.1 million seed round and a $1.75 million private round, with participation by SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, BasementDAO, and more.

Convergence raised $1.8m. Starting with StakeDAOHQ, Convergence is an agnostic governance aggregator, designed to optimize yields across the Curve Finance ecosystem.

Agrotoken raised $12.5m. The Argentinian startup Agrotoken, a tokenization infrastructure startup for agricultural commodities with main operations in Brazil, announced a new round led by Visa. 

Noah DeFi raised $ 2.4m. Through this investment, the ENV aims to support NoahArk Tech Group as they create new avenues for collaboration and development that benefit the entire EOS DeFi ecosystem.

Bitfinity Network raised $7m. Bitfinity, an EVM-compatible Bitcoin Layer 2 network based on the Internet Computer protocol, raised $7 million in total funding.

Orbiter Finance raised an undisclosed amount. The Layer-2 cross-rollup bridge announced that it has closed its first round of funding for an undisclosed amount with participation from participants like Tiger Global and A&T Capital.

BeWater raised $1m. BeWater offers standardized event services, including hackathons, with the highlight being the ability to launch a hackathon in just 10 minutes without the need for permission.