Even with the onset of crypto winter, 2022 has been a watershed yr for enterprise capital funding. Crypto and blockchain firms together raised $30.3 billion in enterprise capital inside the first half of 2022, prodigious all of final yr’s totals. Whereas the variety of offers has declined in latest months, startups on the intersection of blockchain funds, decentralized finance (DeFi) and cybersecurity are all the same attracting sizable curiosity from the VC group. The newest version of VC Roundup highlights a couple of of the most intriguing funding offers of the previous month.
ZEBEDEE closes $35M Collection B
ZEBEDEE, a Bitcoin (BTC)-supercharged fee central processing unit for the gambling trade, has raised $35 million from a number of traders together with Kingsway Capital, The Raine Group and Sq. Enix. ZEBEDEE is essentially a platform that enables sport builders to let in programmable cash, together with BTC, into their video games. The fee platform is supercharged by Lightning Network, 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 Network transfers worth at once and is ever rising with greater than 4K Bitcoin saved on its public channels. However how does it earn cash?
You requested our Growth Crew and right here’s their response pic.twitter.com/f3ZMpEFjhW
— ZEBEDEE (@zebedeeio) July 21, 2022
Blockchain safety firm raises $90M Collection A
Blockchain safety agency Halborn closed a $90 million funding spherical in July that was led by Summit Companions with further participation from Fort Island Ventures, Digital Forex Group and Brevan Howard, amongst others. Halborn was based in 2021 by moral hackers providing blockchain safety providers. The corporate not too lang syne warned MetaMask customers to be weary of a phishing marketing campaign concentrating on their browser wallets.
DeFi platform Hashflow raises $25M in Collection A funding
Hashflow, a decentralized finance buying and marketing platform headquartered in San Francisco, has closed a $25 million funding spherical backed by a couple of of crypto’s most distinguished enterprise funds. The funding spherical, which had participation from Leap Crypto, Electrical Capital, Dragonfly Capital Companions and GSR, will help Hashflow in increasing its product choices for market markers and institutional merchants.
See the largest offers and extra VC cognition from Q1, courtesy of @CointelegraphCS.
— Cointelegraph (@Cointelegraph) June 3, 2022
Socios acquires 24.5% stake in Barca Studios
Fan engagement token platform Socios introduced in early August that it could make investments $100 million in Barca Studios, the digital content material arm of the FC Barcelona association football rank. Socios, which is closely-held by blockchain know-how provider Chiliz, will assist FC Barcelona speed up its Web3 and nonfungible token (NFT) engagement technique. Particularly, Barca Studios is following NFT and metaverse tasks that can assist the association football rank interact with its huge international fanbase, and can depend on Socios’ blockchain to ship on the technique.
EtherMail secures seed funding for wallet-to-wallet communication hypothesis
Web3 e-mail resolution EtherMail has raised $3 million forward of the deliberate launch of its encrypted wallet-to-wallet communication service. Scheduled for launch inside the third quarter, EtherMail allows Web3 firms to ship “wealthy, related content material on to their plus holders,” thereby decreasing the danger of communication fraud. The service additionally streamlines group publication distribution by enabling autonomous, self-updating posting lists. The seed spherical was led by Cloth Ventures and Greenfield One.