From October 5 to October 11, there were 17 investment and financing events in the crypto market, including 11 in infrastructure, 2 in DeFi, 2 in games, 1 in social, and 1 in MEME.


There are 2 financings of more than 10 million US dollars this week:


  • Open source layer 2 network Ithaca has completed a $20 million funding round from Paradigm.

  • Autonomous execution environment network delta has completed a round of financing of US$11 million, with investors including Variant Fund, Maven11 and others.


This week, the investment and financing enthusiasm of the crypto market was the same as last week, with infrastructure accounting for more than half of the total. The open source layer 2 network Ithaca received the largest amount of financing this week, with a financing amount of US$20 million.


This week's investment and financing projects are sorted by financing amount as shown below:


infrastructure


  1. According to ROOTDATA investment and financing data, Ithaca completed a round of financing of US$20 million from Paradigm on October 11. Ithaca is developing Odyssey, an open source layer 2 network built by Reth, OP Stack and Conduit. Ithaca was spun off from the crypto venture capital fund Paradigm.

  2. According to ROOTDATA investment and financing data 10-10, AiGO Network has completed a round of strategic financing of unknown amount, with Waterdrip Capital as the investor. AiGO Network is a real-time, plug-and-play DePIN data network that provides decentralized access to verified GPS and geolocation data.

  3. According to ROOTDATA investment and financing data 10-10, PinGo completed a seed round of financing with an unknown amount, and the investors include Cryptogram Venture (CGV), CatcherVC, etc. PinGo is an AI and DePin solution on the TON network to solve the problem of fragmentation and idleness of idle computing resources, and provides a strong computing power foundation for building AI models.

  4. According to ROOTDATA investment and financing data 10-10, Apex Fusion has completed a round of $6 million in private round financing, with TRGC as the investor. Apex Fusion is a joint multi-chain layer 1 network that aims to provide a seamless experience for future blockchain builders and developers by combining the best parts of UTXO and EVM transaction execution methods into a decentralized ecosystem.

  5. According to ROOTDATA investment and financing data on October 9, delta completed a round of financing of US$11 million, with investors including Variant Fund, Maven11, etc. delta is an autonomous execution environment network connected by a decentralized, censorship-resistant base layer. delta separates execution/sequencing from data availability/settlement. delta provides its users with two inalienable rights - the right to self-custody and the right to exit without permission.

  6. According to ROOTDATA investment and financing data on October 9, OpenGradient completed a seed round of financing of US$8.5 million, with investors including a16z, Coinbase Ventures, etc. OpenGradient is building a native intelligence network that aims to bring the world's computing to the chain. OpenGradient is a platform for open source model hosting, secure execution, proxy reasoning, and application deployment.

  7. According to ROOTDATA investment and financing data on October 8, Botanika completed a round of angel round financing of US$1.5 million, with investors including Jasmine Zhang, Aamer Chaudhry, etc. Botanika is a decentralized data storage network powered by its proprietary B1 hardware nodes. With patented AI-driven sharding, transmission and data regeneration algorithms.

  8. According to ROOTDATA investment and financing data on October 8, Kiva Ai completed a seed round of financing of US$7 million, with investors including CoinFund, HashKey Capital, etc. Kiva AI is a company that develops professional AI applications by hiring human experts to label large data sets, and overseas experts who contribute are paid in cryptocurrency.

  9. According to ROOTDATA investment and financing data on October 8, Bitlayer completed a $9 million A1 round of financing, with investors including Polychain, Franklin Templeton, etc. Bitlayer is a layer 2 solution that provides Bitcoin-equivalent security and Turing completeness. It is also the first to be built on BitVM. Bitlayer aims to bring secure scalability to the Bitcoin ecosystem, promote asset diversity and stimulate innovation to provide a faster, safer and more flexible user experience.

  10. According to ROOTDATA investment and financing data on October 8, Semantic Layer completed a seed round of financing of $3 million, with investors including Figment Capital, Hack VC, etc. Semantic Layer brings better incentive coordination and native expansion to dApps that have been deployed or hope to be deployed on Ethereum. Semantic Layer makes meta-transactions programmable, thereby achieving customized MEV allocation and native expansion of the protocol.

  11. According to ROOTDATA investment and financing data on October 7, APRO completed a seed round of financing of US$3 million, with investors including Polychain, ABCDE Capital, etc. APRO is a decentralized oracle network tailored for the Bitcoin ecosystem, providing reliable, fast and cost-effective data solutions. APRO aims to build a secure and reliable computing platform by combining off-chain computing and on-chain verification. This approach expands data access and computing capabilities, providing customized computing logic services for DApp businesses.



game

  1. According to ROOTDATA investment and financing data 10-10, Dragonz Land has completed a round of financing of US$9 million, with the investor being Syndicate Capital Group. Dragonz Land is a Play-2-Earn game that promotes the development of digital property rights and the Web3 ecosystem. Dragonz Land combines NFTs with dynamic gameplay and community engagement. Players can purchase, collect, upgrade and trade cards from 16 different factions, while earning game tokens by clicking and completing various tasks.

  2. According to ROOTDATA investment and financing data on October 7, Infinitar completed a round of $9 million in Series A financing, with investors including Accelbyte Fund, Lam Group, etc. Infinitar is a Web3 MOBA game that supports multiple arena modes, including 421 levels of personal rankings, 3v3, and 5v5 battles to meet the preferences of different players.



DeFi

  1. According to ROOTDATA investment and financing data 10-10, Yala completed a seed round of $8 million, with investors including Ethereal Ventures, Polychain, etc. Yala connects Bitcoin liquidity with meta-yield stablecoins. The stablecoin yUSD is designed as an effective asset and liquidity enhancer that can operate in various ecosystems, improving efficiency without bridges or repositioning the underlying Bitcoin. Yala provides expanded utility for Bitcoin holders and ecosystem participants while maintaining the security of Bitcoin infrastructure.

  2. According to ROOTDATA investment and financing data on October 8, BISON SWAP completed a round of A round of financing with an unknown amount, and the investors are Dekrypt Capital, Alves Ventures, etc. Bison Swap is a decentralized exchange based on UTXO. BisonSwap introduces AMM into the Bitcoin ecosystem, improves the liquidity of the Bitcoin network, and provides a seamless trading experience like in the Ethereum ecosystem; at the same time, it brings more decentralized trading opportunities to Bitcoin users, expands the depth and breadth of the DeFi ecosystem, and makes up for the shortcomings of Bitcoin decentralized trading.



other

  1. According to ROOTDATA investment and financing data, Trendies completed a $1.75 million Pre-seed round of financing from investors such as Archetype and Base Ecosystem Fund. Trendies is a social platform that allows people to get rewards for the content they post on social media platforms such as Twitter and farcaster.

  2. According to ROOTDATA investment and financing data on October 8, PPKING completed a seed round of financing of US$2 million, with investors including Crypto Labs, Faculty Capital, etc. PPKING is a fair issuance platform for Meme coins based on the TON public chain, aiming to create an efficient, secure and entertaining decentralized financial platform through innovative DeFi mechanisms and in-depth integration of MEME culture.