Press Release

Web3 Fundraising Deals – 1st To 7th October 2024

Sophon Labs raised an undisclosed amount with assistance by Binance Labs . Sophon is a platform which focuses on providing consumers with an engaging and culturally rich ecosystem of diverse yet practical applications. Pallete secured an undisclosed amount in M&ampA funding with help being provided by Aptos Foundation . Palette is a blockchain optimized for all kinds of digital content, though mainly NFTs, covering a variety of fields such as anime, sports, and music. Synnax Technologies obtained $550K in Strategic Funding thanks to support by Wintermute . Synnax is a protocol that combines credit intelligence to provide forward-looking credit ratings through a decentralized consensus model. SecondLive raised $12M in a Private Token Sale via assistance by Crypto.com . SecondLive is a diversified metaverse focused on building social networks and supporting creator economic activities. RD Technologies secured $7.8M in Pre-Series A Funding with help by Solana Foundation . RD Technologies is a fintech company focused on facilitating payments and commerce with trust, stability, and efficiency. The company is developing HKDR, a Hong Kong Dollar-backed stablecoin, aiming to enhance the capabilities of digital money and contribute to the global Web3 economy. MeshMap acquired $4M thanks to support granted by by Andreessen Horowitz . MeshMap is a decentralized platform for creating and sharing 3D maps collaboratively. It leverages decentralized infrastructure to enable users to contribute, validate, and access highly detailed 3D maps without relying on centralized mapping services. Roolz secured an undisclosed amount with Animoca Brands once again providing the support. Roolz is a platform that combines anime, mobile apps, and digital collectibles, powered by the $GODL token.

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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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