According to an incomplete tally by Odaily, there were 16 blockchain financing events announced domestically and overseas from December 16 to December 22, a significant decrease from the previous week's data (30 events). The total disclosed financing amount was about $150 million, a significant decrease from the previous week's data ($679 million).
Last week, the project with the highest investment amount was the British stablecoin infrastructure company BVNK ($50 million); the social protocol Lens developer Avara closely followed ($31 million).
The following are the specific financing events (Note: 1. Sorted by the disclosed amount; 2. Excluding fund-raising and M&A events; 3. * for "traditional" companies with partial blockchain-related businesses):
Stablecoin infrastructure BVNK completes $50 million Series B financing, led by Haun Ventures
On December 17, the British stablecoin infrastructure company BVNK announced the completion of a $50 million Series B financing round, with a valuation of $750 million. The round was led by Haun Ventures, with participation from Coinbase Ventures and existing investor Tiger Global. BVNK co-founder and CEO Jesse Hemson-Struthers reportedly described his company as the "global leader" in the stablecoin infrastructure vertical.
Lens developer Avara completes $31 million new round of financing, led by Lightspeed Faction
On December 18, Avara, the development company behind Aave, Lens, and Family, announced the completion of a $31 million new round of financing, led by Lightspeed Faction, with participation from Alchemy, Avail, Circle, ConsenSys, DFG, Fabric Ventures, Foresight Ventures, Stellarcore, Superscript, Re 7 and Wintermute Ventures, as well as a group of angel investors.
Crypto securities platform Prometheum completes $20 million financing
On December 17, the crypto securities platform Prometheum completed a $20 million financing round, with investments from a group of undisclosed individuals and institutions. To date, Prometheum has raised a total of approximately $64.3 million. Prometheum has two subsidiaries, one of which is an alternative trading system expected to launch in the first quarter of 2025, and the other is a custodian currently serving institutional investors, focusing on a few well-known crypto assets. The new funding will be used to add more crypto assets and launch the upcoming security tokens.
Plume completes $20 million Series A financing
On December 18, the modular integrated Layer-1 blockchain Plume, which focuses on real-world asset financing (RWAfi), announced the completion of a $20 million Series A financing round. The round was co-invested by Brevan Howard Digital, Haun Ventures, Galaxy Ventures, and Lightspeed Faction, with participation from Superscrypt, Hashkey, Laser Digital (Nomura Group), A Capital, 280 Capital, SV Angel, and Reciprocal Ventures.
DeFi application layer Rujira announces $7 million financing
On December 18, Rujira, a DeFi application layer on THORChain, disclosed in its weekly review that it has completed a $7 million financing round, with the investor information not yet disclosed. The new funding will support Rujira's subsequent development and is expected to conduct a TGE in February next year.
On December 19, the crypto AI startup Fraction AI completed a $6 million Pre-Seed round, co-led by Spartan Group and Symbolic Capital, with participation from Borderless Capital, Anagram, Foresight Ventures, and Karatage.
On December 20, DuckChain announced the completion of a $5 million financing round, led by dao 5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, Geekcartel, Gate Labs, and Presto. In addition, angel investors from leading industry projects such as Camelot and Quantstamp also participated in this round. This financing will help DuckChain realize its vision - to unlock the on-chain potential of 30 million+ Telegram Star users through its TON-based EVM solution.
Web3 content monetization platform Promeet completes $3.1 million Pre-Seed round
On December 17, the Web3 content monetization platform Promeet announced the completion of a $3.1 million Pre-Seed round, with the investor information not yet disclosed. The new funding is intended to expand the team, enhance platform features, and expand the user base.
On December 19, the decentralized AI training platform FLock announced the completion of a $3 million strategic round, led by DCG, the parent company of Grayscale, with Lightspeed Faction following on, as well as other strategic partners including Animoca Brands, Fenbushi Capital, GnosisVC, GSR Ventures, OKCoinJapan, Bas 1 s Ventures, and A 41. To date, the company has raised a total of $11 million.
Decentralized environmental intelligence platform Silencio Network completes $2.5 million seed round
On December 18, the decentralized environmental intelligence platform Silencio Network completed a $2.5 million seed round, led by Blockchange Ventures, with participation from Borderless Capital, Master Ventures, Blockchain Founders Fund, Prosper GmbH & Co. KG, and Advanced Blockchain AG.
Bitcoin savings app developer BitDCA completes $2 million Pre-Seed round
On December 19, the Bitcoin savings app developer BitDCA announced the completion of a $2 million Pre-Seed round, with the investor information not yet disclosed. The new funding is intended to support the development of its Bitcoin savings app called "Littlebit".
On December 19, the decentralized AI agent payment protocol Skynet completed a $1.2 million Pre-Seed round, with investments from GitHub, Polygon, Veracode, and others. Skynet's infrastructure is built on Arbitrum's Orbit chain, providing payment and tracking mechanisms to enable AI agents to complete real-world tasks such as booking flights, managing accommodations, and handling financial portfolios.
On December 19, the modular BTC Layer 2 blockchain launch platform UTXO Stack announced the completion of a new round of financing at a $50 million valuation, with the specific amount not disclosed. The investors include UTXO Management, PAKA Fund, and CMS Holdings.
On December 19, the decentralized AI data chain Masa announced the completion of a new round of financing, led by DCG, the parent company of Grayscale, with FBG Capital participating. The specific amount was not disclosed.
SocialFi project Metya completes strategic financing, led by CGV Capital
On December 17, the AI-driven SocialFi project Metya announced the completion of strategic financing, led by the investment firm CGV (Cryptogram Venture). The specific financing amount was not disclosed. This round of financing will help Metya deepen the layout of the Web3 social ecosystem and drive product innovation and user growth.
On December 17, the cryptocurrency and NFT trading analysis platform DexCheck announced on the X platform that it has completed a new round of financing, with ChainGPT Labs as an investor. The specific investment amount and valuation data have not yet been disclosed. The new funds are intended to be used to enhance its AI capabilities, including token analysis, wallet analysis, crypto whale tracking, and the expansion of its InsightsGPT tools, to help traders make informed decisions.
