Haider Jamal

Apr 09, 2024

Fundraising Deals - April 2nd To April 9th, 2024

Mezo and Monad Labs both made waves with their recent funding rounds, raising $21,000,000 and $225,000,000 respectively, showcasing growing investor confidence in blockchain projects. For Mezo, Multicoin Capital and Draper Associates were the main investors, with Pantera Capital leading the charge. Paradigm was the lead investor for Monad Labs.

Yield Guild Games (YGG) secured strategic backing, reflecting the rising prominence of GameFi ventures in the market. Elsewhere, Lumoz and Ritual raised $6,000,000 and $2,000,000 respectively, underlining the continued interest in blockchain infrastructure and services.

QuantAMM garnered $1,850,000 in pre-seed funding, emphasizing the burgeoning potential of decentralized finance initiatives. Elsewhere, both Spotlight and Cellula raised $2,000,000 each, indicating a diverse range of investments across social and gaming sectors.

Other notable names included Zulu Network which raised $3,000,000, Zeus Network which raised $8,000,000, IoTeX which raised a whopping $50,000,000, and LightLink which raised $1,700,000.

These investments signal a promising future for blockchain innovation across various sectors. Excited to witness the continued growth and evolution of these projects! Be sure to follow CryptoWeekly for all the latest information on crypto, blockchain, AI, and more.

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