Financing Express of the Week | 14 projects received investment, with a total disclosed financing amount of approximately US$48 million (1.20-1.26)

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ODAILY
01-27
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According to an incomplete survey by Odaily, there were 14 blockchain financing events announced domestically and overseas from January 20 to January 26, a decrease from the previous week's data (16 events). The total disclosed financing amount was about $48 million, a significant decrease from the previous week's data ($371 million).

Last week, the project with the highest investment amount was the crypto trading software developer SignalPlus ($11 million); the Ethereum L2 network Corn closely followed ($8.3 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):

Crypto trading software developer SignalPlus completed a $11 million Series B financing, led by AppWorks and OKX Ventures

On January 24, crypto trading software developer SignalPlus completed a $11 million Series B financing, led by AppWorks and OKX Ventures, with Avenir Group and HashKey participating.

BTCFi project Corn raised $8.3 million through Legion, oversubscribed by seven times

On January 23, the Ethereum L2 network Corn, focused on Bitcoin DeFi, completed an $8.3 million community round financing through Legion, attracting 4,287 applicants with a total application amount of $69 million, oversubscribed by seven times within a few hours.

Shared ordering solution Radius completed a $7 million seed round financing, led by Pantera Capital

On January 24, the shared ordering solution Radius announced the completion of a $7 million seed round financing, led by Pantera Capital.

DePIN startup Wingbits completed a $5.6 million financing, led by Borderless Capital and Bullish Capital

On January 22, the aviation-focused DePIN startup Wingbits announced the completion of a $5.6 million financing, led by Borderless Capital and Bullish Capital, bringing Wingbits' total financing to $9.2 million.

ZKsync-based crypto exchange GRVT completed a $5 million financing

On January 21, Further Ventures, a venture capital firm supported by the Abu Dhabi sovereign wealth fund ADQ, invested $5 million in the ZKsync-based hybrid crypto exchange GRVT.

Crypto wallet Keplr completed a $5 million seed round financing, led by 1co nfirmation

On January 23, crypto wallet Keplr announced the completion of a $5 million seed round financing, led by 1co nfirmation, with Coinbase Ventures, HashKey Capital, Chorus One Ventures, Skip Protocol, and Binary Builders participating. The valuation of this round was $50 million, and Keplr currently has no plans to launch a token.

Printr completed a $2.5 million Pre-Seed round financing, with Draper Dragon participating

On January 24, Meme coin Launchpad Printr announced the completion of a $2.5 million Pre-Seed round financing, with Sfermion, Draper Dragon, Bitscale, Hermenutic, Sui Foundation, Axelar Foundation and Flow Foundation participating. Printr allows users to launch Memecoins on Ethereum, Solana, Sui, BNB and Base, among other blockchains.

TON ecosystem DeFi lending platform EVAA Protocol completed a $2.5 million private placement financing, with Animoca Ventures participating

On January 21, the TON ecosystem DeFi lending platform EVAA Protocol completed a $2.5 million private placement financing, with Polymorphic, TON Ventures, Animoca Ventures, CMT Digital, Mythos Ventures, Wagmi Ventures and several angel investors participating.

Ranger Labs completed a $1.9 million financing, with Big Brain Holdings participating

On January 24, Ranger Labs announced the completion of a $1.9 million financing at a $30 million valuation, with Asymmetric, Big Brain Holdings, RISE Capital and Anagram and RockawayX participating. Ranger Labs has developed the Solana-based crypto derivatives trading protocol Ranger Protocol, which is currently planning to add new product lines to allow customers to use AI-assisted trading strategies.

Bitcoin ecosystem tokenized RWA protocol Hamilton completed a $1.7 million seed round financing, led by DisrupTech Ventures

On January 21, the Bitcoin ecosystem tokenized RWA protocol Hamilton announced the completion of a $1.7 million seed round financing, led by DisrupTech Ventures, with CMS, DeSpread, Hyperithm, Core Ventures and other strategic investors participating.

Vivident completed a $1.5 million seed round financing, with crypto VC Hashed participating

On January 22, the AI IP technology startup Vivident announced the completion of a $1.5 million seed round financing, with Hashed, Mashup Ventures, TheVentures, Modhaus (Korea), Sfermion (US), CVC Z Venture Capital, Decima Fund and CMCC Global's Titan Fund (Hong Kong) participating. The team has a good track record in building consumer products across Web2 and blockchain technologies, and the new funding will support its use of generative AI technology to create anime-style character IPs and community interaction platforms, with plans to launch a test version service in the first half of 2025.

Soneium ecosystem AI-driven DEX SONEX completed a $1 million financing, with Outliers Fund participating

On January 23, the AI-driven DEX SONEX in the Soneium ecosystem completed a $1 million financing, with Baboon Ventures, Taisu Ventures, Nonagon Capital, Flow Traders, Gate Ventures, Outliers Fund and Lootex participating.

AI Agent platform Hybrid completed a seed round financing, with Outlier Ventures participating

On January 25, the AI Agent platform Hybrid announced the completion of a seed round financing, with Outlier Ventures, NxGen.xyz, Follow the Seed, Founderheads VC, CSP DAO, X Ventures participating. The specific financing amount has not been disclosed, and the new funding will be used to build the on-chain intelligent layer to support the creation and monetization of Web3 ecosystem AI agents.

Bitcoin blockchain-based data integrity solution Simple Proof completed a Pre-Seed round financing

Odaily announced that Simple Proof, a data integrity solution based on the Bitcoin blockchain, has completed its Pre-Seed round of financing, with ego death capital and Wolf as the lead investors. The specific amount of financing has not been disclosed yet. The company plans to use the new funds to build the Immutable Proof service and create tamper-proof digital file records based on the Bitcoin time chain and the OpenTimestamps protocol.

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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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