Crypto Fundraising January 16 – 22

January 23, 2024

On behalf of the&nbspWeb3&nbspcommunity, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 16th-22nd January, 2024. We are thrilled to see such tremendous support from all involved. Well done! 0xScope &nbspraised $8M. With the new capital, 0xScope aims to create an inclusive, open-source ecosystem that enables seamless uploading, validation, processing and downloading of Web2 and Web3 data. Canza Finance &nbspraised $5.75M. This funding round empowers Canza Finance to further develop innovative tools and services, dedicated to easing the expense of conducting business across the African continent. Fetcch &nbspraised $1.5M. Fetcch provides infrastructure for digital payments and rewards platforms for the Web3 payments ecosystem with a focus on cross-chain payments. Safary 🦁 &nbspraised $ 2.4M. This funding will be leveraged to add firepower to Safary&amp39s team and accelerate the development of Safary&amp39s marketing attribution platform, which enables Web3 teams to analyze their marketing CAC, channel ROI, and customer LTV. Army of Fortune Metaverse &nbspraised $3M. A primary motivator for this funding round was to execute full throttle on their roadmap initiatives to be the go-to mobile gaming ecosystem in Web3. WOO Network raised $9M. WOO Network is a crypto exchange that provides traders with a range of products aimed at improving the trading process. Its current services cover both CeFi and DeFi trading needs. Kiln &nbspraised $39M. Kiln plans to use the capital to fund its global expansion plans, including growing its APAC division following the opening of its regional headquarters in Singapore in Q1. zbyte &nbspraised $5M. The platform enables the Web3 ecosystem by removing the complexity for developers and enterprises to develop decentralized applications. Flowdesk &nbspraised $80M. The funds raised will be used to consolidate their position as a leading market-making service provider and expand their OTC offering. DeBox &nbspraised $2M. DeBox operates as a Web3 social platform that leverages blockchain DID technology. It enhances social information authenticity and offers decentralized social features, such as token-based chat and DAO integration, to Web3 communities. Root Protocol ( NFT3 ) is pleased to announce the successful closure of $10M in funding across two seed rounds, bringing the total valuation of the project to $100M. Follow CryptoWeekly &nbspto stay updated with all the latest news about future Web3 Funding Rounds.

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