Press Release

Fundraising Deals – March 12th to 18th, 2024

Here are the latest fundraising deals in Web3, courtesy of CryptoWeekly . Berachain from the United States secured an impressive $69M in a Venture round of funding led by BH Digital on March 15th, 2024. Berachain is a high-performance, EVM-compatible blockchain built on Proof-of-Liquidity consensus. Nyan Heroes , based in Singapore, raised $3M in a Venture round, supported by Mechanism Capital on March 14th, 2024.&nbspPowered by Unreal Engine 5 and blockchain technology, Nyan Heroes offers a AAA multiplayer experience with multiple character classes and unique gameplay abilities. D2X Group , operating out of The Netherlands, closed a Series A funding round worth $10M, with Point72 Ventures as the lead investor on March 14th, 2024. D2X is launching the first regulated (MiFID II) crypto futures & options trading venue out of the Netherlands to facilitate the institutional adoption of the asset class. Polyhedra Network , headquartered in the United States, announced a successful Series B funding round of $20M, with Polychain leading the investment on March 14th, 2024. Polyhedra focuses on empowering interoperability and computation via ZK in addition to making Web3 more scalable. mmERCH , a startup based in the United States, secured $6.4M in seed funding from Liberty City Ventures on March 14th, 2024. This is a company that believes in a world of difference where clothes are as distinctive as DNA and users have got the on-chain data to prove it. Clique , also from the United States, raised $8M in a Series A round with Polychain as the primary investor on March 14th, 2024. The Clique Compute Coordination Network organizes various heterogenous compute resources, allocating them as needed by both general applications and smart contracts. Gaxos.AI , based in the United States, received $3.5M in Post-IPO Equity funding, although the investor remains unknown, on March 13th, 2024. Gaxos.AI is transforming the way humans interact with AI. Coinbase announced a significant Post-IPO Debt funding round of $1.1B, with the investor undisclosed, on March 13th , 2024. Coinbase is an American publicly traded company that operates a crypto exchange platform. SnowSeed, hailing from Indonesia, secured $5M in seed funding from Medi Crypto International on March 12th, 2024. This is an NFT investmet platform that combines the advantages of physical assets and non-fungible tokens. Kulipa , operating in the United States, raised $3M in seed funding from an undisclosed investor on March 12th, 2024. Kulipa enables self custodial crypto wallets to issue their own debit card through their API-as-a-service platform for seamless integration. Elixir Network closed a Series B funding round with a notable $8M investment led by Maelstrom on March 12th, 2024. Elixir builds orderbook liquidity across exchanges via a high-throughput DPoS network.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.

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