Weekly update Friday, March 4, 2022

$321.5 million raised by 22 companies. See the list of companies and investment amounts below.

Lido - $70M

A liquid staking solution for Ethereum and Terra

VALR - $50M

A South-African cryptocurrency exchange that connects buyers and sellers of cryptocurrency with each other

Tenderly - $40M

Ethereum developer platform that enables you to build innovative blockchain products

Subspace Labs - $32.9M

Developing a scalable base layer for Web3, enabling blockchains and metaverses to run at Internet scale

Thetanuts Finance - $18M

Developing products for users to maximize risk-adjusted yield generation in all market conditions

ArDrive - $17.2M

App that lets you pay once to securely save your files forever on the Arweave Permaweb

Praxis Society - $15M

A vibe-aligned community of creatives and technologists building the city-cryptostate

X Rush - $10M

a casual shooting gamefi project powered by Unity 3D engine and compatible with most web3 wallets

Rarify - $10M

Accelerating business innovations by removing the technical barriers to entry for non-fungible token (NFT) technology. Their API enables the creation, management, and scaling of blockchain-agnostic NFT products with a simple integration.

Nested Finance - $7.5M

A trading platform aimed at socializing DeFi and facilitating financial connectivity for the crypto community

Petaverse Network - $7M

Building an open standard for digital pets - interoperable digital companions to be by your side, across the metaverse

Pianity - $6.5M

Music NFT marketplace

Karmaverse - $6M

Karmaverse is a GameFi multiverse with various metaverses, such as the Old West, cyberpunk, fantasy world, zombie world, etc.

Matrix World - $5.5M

Next-generation, multichain metaverse where users can create, connect, explore and play like never before

Dialect - $4.1M

A Solana-based ‘Smart Messaging’ app that gives you actionable alerts and wallet-to-wallet chat

metaENGINE - $4M

The first decentralized all-in-one platform for development and publishing of GameFi / Metaverse games and apps.

bitsCrunch - $3.6M

Blockchain analytics firm providing AI enable security products

Polymer Labs - $3.6M

Building an IBC based multi-cluster networking protocol (Polymer) which will provide e2e IBC connectivity across ecosystems

Ramper - $3M

Simple login for blockchain applications. No private keys. No browser extensions

AdaSwap - $2.6M

An ecosystem builder aiming to create the first DEX on the Cardano network

Notifi - $2.5M

The self-proclaimed 'Twilio for Web3'

Parcl - $2.5M

Tools offerings for DAOs that helps them run payrolls, disburse grants, and airdrops