Financing Express of the Week | 20 projects received investment, with a total disclosed financing amount of approximately US$218 million (12.2-12.8)

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ODAILY
12-09
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According to an incomplete survey by Odaily Planet Daily, there were 20 blockchain financing events announced from December 2 to December 8, a slight decrease from the previous week's data (21 events). The total disclosed financing amount was approximately $218 million, an increase from the previous week's data ($173 million).

Last week, the project with the highest investment amount was the multi-asset investment platform Public ($135 million); the ZK-driven interoperability protocol Union closely followed ($12 million).

The following are the specific financing events (Note: 1. Ranked by the amount of disclosed financing; 2. Excluding fund-raising and M&A events; 3. * for "traditional" companies with partial blockchain-related businesses):

Multi-asset investment platform Public completed a $135 million D-2 round of financing, led by Accel

On December 3, the multi-asset investment platform Public announced the completion of a $135 million D-2 round of financing, including $105 million in equity financing and $30 million in debt financing, led by Accel.

ZK-driven interoperability protocol Union completed a $12 million Series A financing, led by LongHash Ventures and others

On December 4, the ZK-driven interoperability protocol Union announced the completion of a $12 million Series A financing, led by Gumi Cryptos Capital and LongHash Ventures, with participation from Borderless Capital, Blockchange, ATOM Accelerator, Eterna Capital, Veris Ventures, LBank Labs, Gate Ventures, and TRGC. Its total financing has now reached $16 million.

Digital asset management platform Interlace completed a $10 million Series B1 financing, led by Bitrock Capital

On December 4, the Singapore-based global card issuing and digital asset management platform Interlace announced the completion of a $10 million Series B1 financing, led by Bitrock Capital, with participation from early employees and senior executives of leading companies such as Klarna and Robinhood. The new funding will be used to expand the leadership team to accelerate global growth.

Digital finance platform Brighty completed a $10 million financing, with Futurecraft Ventures participating

On December 3, the Switzerland-based digital finance platform Brighty announced the completion of a $10 million financing, with Futurecraft Ventures participating. Brighty supports real-world crypto card payments, aiming to solve financial pain points such as poor user experience and lack of transparency for crypto users. The new funding is intended to be used to expand its business in Europe and the UK.

Digital asset and card management platform Interlace completed a $10 million Series B1 financing, led by Bitrock Capital

On December 4, the Singapore-based global card issuing and digital asset management platform Interlace announced the completion of a $10 million Series B1 financing, led by Bitrock Capital, with participation from early employees and senior executives of companies such as Klarna and Robinhood. The new funding will be used to expand the leadership team to accelerate global growth.

Bitcoin ecosystem project BLIFE Protocol completed a $7 million financing, with Animoca Brands participating

On December 4, the Bitcoin ecosystem protocol BLIFE Protocol announced the completion of a $7 million financing, with investors including UTXO Management, Bitcoin Frontier Fund, NewTribe Capital, Cypher Capital Group, Digital Consensus Fund, PG, OIG Capital, Animoca Brands, LondonReal Ventures, Citizen Capital, B2C 2, Aspen Digital, GSR Ventures, Delta Blockchain Fund, and G20 Group.

Decentralized technology company Binary Holdings completed a $5 million strategic financing

On December 4, the decentralized technology company Binary Holdings announced a $5 million strategic investment from ABO Digital. According to the introduction, Binary Holdings, headquartered in Dubai, UAE, has a global user base of 169 million and is committed to creating an open and interoperable network for digital commerce. The company plans to launch the digital bank Millenia in the second quarter of 2025.

Crypto AI startup GAIB completed a $5 million Pre-Seed round financing, led by Hack VC and others

On December 4, the crypto AI startup GAIB, which focuses on tokenizing GPUs, completed a $5 million Pre-Seed round financing, jointly led by Hack VC, Faction VC, and Hashed, with participation from Spartan, Animoca Brands, MH Ventures, Aethir, Near Foundation, as well as Chris Yin of Plume Network and Lucas Kozinski of Ren Protocol.

GAIB co-founder and CEO Kony Kwong refused to disclose the valuation after the financing, and also refused to disclose whether any investors serve as advisors or directors. Kwong said that GAIB has completed the prototype design and is preparing for a pilot launch later this month, and plans to launch the alpha product within the next two months.

Blockchain platform Haven 1 completed a $4.6 million financing, with Animoca Brands participating

On December 5, the blockchain platform Haven 1 announced the completion of a $4.6 million private placement financing, with participation from Animoca Brands and Kucoin Ventures. The new funding will be used to enhance Haven 1's blockchain infrastructure, committed to improving decentralized finance and the tokenization of real-world assets.

Suilend completed a $4 million financing

On December 6, Suilend announced the completion of a $4 million financing. Founder Rooter said that Suilend raised $2 million in financing in February, and the current total financing amount has reached $6 million.

Bitcoin ecosystem protocol Fiamma completed a $4 million seed round financing, led by Faction and L2 IV

On December 5, according to official information, the Bitcoin ecosystem protocol Fiamma completed a $4 million seed round financing, led by Faction and L2 Iterative Ventures (L2 IV), with participation from the founders of BTC L2 protocol BOB, SatLayeer, AsteraVentures, ContributionCap, Chapter One, and Founderheads, VC.

Story-based AI startup Sekai completed a $3.1 million seed round financing, led by Hashed

On December 5, the generative AI storytelling startup Sekai announced the completion of a $3.1 million seed round financing, led by Hashed. According to the introduction, Sekai aims to turn storytelling into a "multi-person experience" using the Story protocol, allowing aspiring storytellers to collaborate with others using generative AI. Sekai also hopes to provide creators with the ability to protect their intellectual property and profit from it.

SuperFi Labs completed a $2.5 million Pre-A round financing, led by Linklogis

On December 2, the crypto asset innovation lab SuperFi Labs announced the completion of a $2.5 million financing, led by the supply chain finance technology company Linklogis (Linklogis), with participation from SNZ, Taiko, and ByteTrade. Previously, the early-stage investor Generative Ventures had invested in its angel round. The new funding will be used for product R&D, market expansion, and team building, to promote the launch of real-world asset (RWA) products on the asset side and DeFi products on the capital side.

Decentralized AI investment strategy analysis platform OpenPad AI completed a $2 million financing, led by Basics Capital

On December 3, the decentralized AI analysis platform OpenPad AI, which provides data-driven investment strategies, announced the completion of a $2 million financing, led by Basics Capital, with participation from Protein Capital, Spicy Capital, Green Arrow Adventures, VivaTech Ventures, Brinc, Boba Network, Avalon Wealth Club, Coin Bold, and TechFarm. OpenPad AI combines blockchain technology and artificial intelligence, allowing users to access investment strategies, project ratings, and real-time market insight analysis, while maintaining control over their data.

DeFi.app completed a $2 million seed round financing, led by Mechanism Capital

On December 4, DeFi.app completed a $2 million seed round financing at a $100 million valuation, led by Mechanism Capital, with participation from Selini Capital, North Rock Digital, and about 50 angel investors.

Decentralized AI agent project Scrypted completes $1.5 million Pre-Seed round, with a16z crypto CSX participating

On December 4, according to official information, the decentralized AI agent project Scrypted announced the completion of a $1.5 million Pre-Seed round, led by Palm Tree Crew Crypto, with a16z crypto CSX participating. The new funding will be used to drive its potential in the fields of gaming, social platforms and finance, and to build tools to support the decentralized vertical industries of autonomous AI agents.

Liquidity solution SecondSwap completes $1.2 million seed round, with Animoca Ventures and others participating

On December 2, according to official information, the liquidity solution SecondSwap announced the completion of a $1.2 million seed round, with participation from GSR, Animoca Ventures, E 4 Capital, Yellow Capital, BCW Group, HGEN DAO, ARC Community, Nonco, and Libra Capita. The funding will mainly be used to expand the market functions of SecondSwap.

LSP.Finance completes $1 million Pre-Seed round, with K 24 Ventures and others leading the investment

On December 2, LSP.Finance completed a $1 million Pre-Seed round at a $33 million valuation, with Cryptogram Venture (CGV), WAGMi Ventures, K 24 Ventures, CatcherVC, XLink Labs and LandScape Capital jointly leading the investment. It is reported that LSP.Finance is a user-centric digital asset management platform that is changing DeFi by unlocking the liquidity of PoS networks, early-stage Alpha projects and high-yield projects. The platform prioritizes accessibility and innovation, providing an integrated solution aimed at achieving high liquidity and seamless blockchain interaction.

Crypto wallet Safnect Wallet receives strategic investment from UniSat

On December 4, the crypto wallet Safnect Wallet announced that it has successfully completed a seed round and received strategic investment from the Bitcoin ecosystem UniSat.

Decentralized protocol Prosper completes strategic round, with Metalpha and others participating

On December 5, the decentralized protocol Prosper announced the completion of a strategic round, with participation from Metalpha, Waterdrip Capital, BIT Mining and Satoshi Protocol, among others. The specific amount was not disclosed. Prosper aims to tokenize institutional-grade BTC hash rate as cross-chain RWA to unlock the potential of BTC.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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