Weekly update Friday, May 20, 2022

$868.6 million raised by 30 companies. See the list of companies and investment amounts below.

Lithosphere Network - $400M

An AI powered blockchain

ElWood - $70M

A global digital assets trading company for institutional investors

Voyager Digital - $60M

A turnkey solution for retail and institutional investors

N3twork Studios - $46M

Developer studio for blockchain games

Certora - $36M

A software solution to audit smart contracts for security

iZuMi Finance - $30M

A defi platform that offers liquidity services

SingularityNet - $25M

A decentralized protocol with A.I power tools for managing your portfolio

DuskBreakers - $24M

A sci-fi web3 game franchise

DoraHacks - $20M

A community of developers and web3 builders

Seed Club - $15M

A DAO that builds and invests in other communities

Coinshift - $15M

A crypto treasury management platform for companies & DAOs

Bitkeep - $15M

A crypto wallet that uses a mnemonic phrase to keep it secure

CyberConnect - $15M

A decentralized social graph protocol that helps dApps build social experiences

FreshCut - $15M

A web3 content platform where creators can create-to-earn and viewers can watch-to-earn

Tally Labs - $12M

A software enabled web3 media business

Gusto Collective - $11M

A brandtech group in Asia building virtual content experiences for brands

Medallion - $9M

A web3 platform for music artists to build their communities

Questbook - $8.3M

A tool to create and manage grants for protocols

Parcl - $7.5M

A blockchain-based real estate platform with no minimum investment, low transaction fees, and immediate liquidity

Zecrey - $6M

A turn-key solution for cross-chain transactions and asset management

Encode Club - $5M

A community of web3 builders that help you get a job or raise money

Evaluate Market - $4M

An NFT portfolio management platform

Element Black - $3.6M

Create-to-earn Web3 music ecosystem

May Social - $3M

A metaverse coming soon

Pnkfrg - $3M

A gaming studio building F2P games on Bitcoin Lightning Network

UBet - $2.7M

A decentralized sports betting platform

Unfettered - $2.5M

A play-to-earn game with NFTs

Solarr - $2M

One-stop decentralized platform for financializing NFTs

Algoracle - $1.5M

A decentralized oracle network on Algorand

Inflow - $1.5M

A launchpad for artists to release their own tokens