Even with the onset of crypto winter, 2022 was a watershed yr for enterprise capital funding. Crypto and blockchain corporations have collectively raised $30.3 billion in enterprise capital within the first half of 2022, beating all totals from final yr. Whereas the variety of offers has dwindled in latest months, startups on the intersection of blockchain funds, decentralized finance (DeFi) and cybersecurity are nonetheless attracting important curiosity from the VC group. The newest concern of VC Roundup highlights a few of the most intriguing funding offers of the previous month.
Associated: The dangers and advantages of VCs for crypto communities
ZEBEDEE completes $35 million Sequence B deal
ZEBEDEE, a Bitcoin (BTC)-powered fee processor for the gaming trade, has raised $35 million from a number of buyers together with Kingsway Capital, The Raine Group and Sq. Enix. ZEBEDEE is actually a platform that enables sport builders to combine programmable cash, together with BTC, into their video games. The funds platform is powered by Lightning Community, making ZEBEDEE a "Bitcoin enabler of selection" for its companions, in line with Kingsway Capital Managing Companion Afonso Campos.
So everyone knows that the Lightning Community transfers worth immediately and is consistently rising with greater than 4K Bitcoin saved on its public channels. However how do you become profitable with it?
They requested our improvement workforce and right here is their reply pic.twitter.com/f3ZMpEFjhW
— ZEBEDEE (@zebedeeio) July 21, 2022
Blockchain Safety Agency Raises $90M for Sequence A
Blockchain safety agency Halborn closed a $90 million funding spherical in July led by Summit Companions with further participation from Fortress Island Ventures, Digital Forex Group and Brevan Howard, amongst others. Halborn was based in 2019 by moral hackers offering blockchain safety companies. The corporate just lately warned MetaMask customers to be weary of a phishing marketing campaign concentrating on their browser wallets.
DeFi platform Hashflow raises $25 million in Sequence A funding
Hashflow, a decentralized monetary buying and selling platform headquartered in San Francisco, has closed a $25 million funding spherical backed by a few of crypto's best-known enterprise funds. The funding spherical, which included Leap Crypto, Electrical Capital, Dragonfly Capital Companions and GSR, will assist Hashflow broaden its product providing to market markers and institutional merchants.
Take a look at the largest offers and extra VC information from Q1, courtesy of @CointelegraphCS.
— Cointelegraph (@Cointelegraph) June 3, 2022
Socios acquires 24.5% of Barca Studios
Fan engagement token platform Socios introduced earlier in August that it will make investments $100 million in Barca Studios, the digital content material arm of soccer membership FC Barcelona. Socios, owned by blockchain expertise supplier Chiliz, will assist FC Barcelona speed up its Web3 and Nonfungible Token (NFT) engagement technique. Notably, Barca Studios is pursuing NFT and Metaverse tasks that may assist the soccer membership join with its huge international fanbase and can depend on Socios' blockchain to execute the technique.
Associated: Crypto Biz: Gucci "impacts" crypto
EtherMail secures seed funding for wallet-to-wallet communications
Web3 electronic mail answer EtherMail has raised $3 million forward of the deliberate launch of its encrypted wallet-to-wallet communication service. Scheduled for launch in Q3, EtherMail will allow Web3 companies to ship "wealthy, related content material on to their asset holders," decreasing the chance of communications fraud. The service additionally streamlines the distribution of group newsletters by enabling autonomous, self-updating mailing lists. The seed spherical was led by Cloth Ventures and Greenfield One.