Press Release

Web3 Fundraising Deals – July 16th to July 22nd, 2024

etherfuse raised $3.00M in Seed funding by North Island Ventures . Etherfuse is a blockchain infrastructure platform that launched Stablebond, a tokenized bond issuance product based on Solana. Nirvana Labs decured $4.00M in Seed funding led by Castle Island Ventures . Nirvana Cloud is a Web3 optimized bare-metal cloud that is built to handle the most demanding web3 workloads. ZKEX.com secured an undisclosed amount in Seed funding with support by Fenbushi Capital . ZKEX is a multi-chain order DEX that facilitates buying and selling crypto assets across multiple blockchains. It operates in a trust-minimized, non-custodial manner and leverages zero-knowledge proofs to ensure transaction security and reliability. Truvius raised $3.20M in Pre-Seed funding with support by Galaxy . Truvius is a platform designed to support systematic and accessible investing in digital assets. Zivoe secured an undisclosed amount of funding via Concave, showcasing strong investor interest. Zivoe is a real-world asset credit protocol aiming to disrupt predatory high-interest consumer lending by bringing yield from consumer loans on-chain. Liquidium obtainerd $2.75M in Seed funding led by CMS Holdings, LLC . Liquidium is a platform for P2P Ordinals lending. It offers users the option to either lend or borrow Bitcoin, utilizing a special type of Bitcoin-based assets known as Ordinal Inscriptions as collateral. Chainbase raised $15.00M in Series A funding with support by Tencent . Chainbase is a Web3 interaction layer infrastructure, providing APIs, node services, and data cloud solutions. zkLink received strategic support by OKX Ventures, although the exact amount was undisclosed. zkLink is a&nbsptrading-focused multi-chain L2 network&nbspwith&nbspunified liquidity&nbspsecured by&nbspZK-Rollups. Allium secured $16.50M in Series A funding through Theory VC. Allium provides a unified data platform for blockchain analytics teams to extract insights and monitor on-chain patterns in real time.

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