Fundraising Deals - February 27th To 4th March

Exciting news in the world of venture capital funding and Web3! 🚀 🚀Here&39s a roundup of recent investments between 27th February to 4th March, 2024, courtesy of CryptoWeekly:


CredShields in Singapore secured $1M in funding in a Series Unknown round led by Draper Associates on 03/01/2024. CredShields provides next-gen security tools for next-gen applications. Users can get overall coverage of their security requirements across all verticals in a single place.


Quantex in the United States raised $150K in a Seed round on 02/29/2024. After transitioning to a Systems/DevOps Engineer in 2017, Andrew Elkhoury leveraged his experience to spearhead Quantex&39s development. In October 2020, he initiated Cryptiswap, a non-custodial swap platform, which launched in April 2021.


Bakkt in the United States announced a significant $50M Post-IPO Equity investment on 02/29/2024. Bakkt focuses on building viable solutions that enable their clients to grow with the crypto economy through a regulated approach.


Arkis, also in the United States, successfully raised $2.2M in Pre-Seed funding from gumi Cryptos Capital (gCC) on 02/27/2024. Arkis offers multichain, undercollateralized leverage powered by portfolio margin while also ccelerating the maturity of decentralized finance.


Eightco Holdings, Inc. Holdings in the United States received $810K in Post-IPO Equity funding on 02/27/2024. Eightco Holdings is a dynamic technology-focused company committed to driving growth and innovation through strategic acquisitions and management.


Coinweb.io in the United Kingdom secured $650K in a Seed round with GDA Capital on 02/27/2024. Coinweb is designed for mass adoption, focusing on revolutionising scalability and interoperability via an open- source, consensus-free, and decentralised platform.


Sphere Labs in the United States announced a $2.8M Seed round led by Jump Trading on 02/27/2024. Sphere focuses on improving money movement, from wire, bank transfer, cards, and more, to provide support for every major network. Sphere also concentrates on tracking users&39 subscriptions, invoices, and payment links both efficiently and seamlessly.


BuildBear Labs in Singapore closed a $1.9M Seed round with 1kx on 02/27/2024. BuildBear is a revolutionary DevTool designed from the ground up to ensure your creation is production-ready from the get-go. Their robust platform empowers users with continuous, automated testing powered by the lightning-fast Phoenix Engine.


Congratulations to these companies and exciting times ahead! Be sure to follow CryptoWeekly for all the latest updates regarding crypto, fundraising, and Web3.