Web3 Funding Deals 6th To 12th February 2024

On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 6th-12th February, 2024. We are thrilled to see such tremendous support from all involved.

Flood, based in the United States, secured $5.2 million in seed funding from Bain Capital Crypto. Users can enable in-wallet trading within 10 minutes via Flood, as well as send orders with ease, and when they are ready, deploy their own Zone, charge their own fees, and start monetizing their order flow.

Axiology, headquartered in Lithuania, raised $2.1 million in venture funding from Baltic Sandbox Ventures. Utilizing the Axiology platform empowers users to optimize resources and trim costs in their daily financial operations.

OMEGA.xyz, operating in the United States, received $6 million in seed funding from an undisclosed investor. Omega unlocks the ability for users to leverage cross-chain digital assets to enhance their yield through modular DeFi opportunities in a decentralized and secure manner.

GigaStar, also located in the United States, obtained $3 million in seed funding from an undisclosed investor. GigaStar is on a mission to empower creators with access to crowdfunding and provide investors with unique revenue-sharing assets while fostering mutual success and innovation.

LightLink, headquartered in Singapore, secured $4.5 million in seed funding from MQDC on February 6, 2024. LightLink is an Ethereum Layer 2 blockchain that lets decentralized applications and enterprises offer users instant, gasless transactions.

MediConCen, based in Hong Kong, closed a Series A funding round of $6.8 million led by HSBC Asset Management. MediConCen aims to be the ultimate insurance claim automation solution powered by patented blockchain technology.

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