Web3Q Primary Market Report

Oct 10, 2022 - Oct 16, 2022

By Web3Q and @Satoshi_Trump
 Crypto Fundraising Dashboard: Web3 & Infrastructure Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q
Date ▼
Project Website Stages Investors Category Sub-categories Description Amount
Oct 12, 2022 nxyz https://n.xyz Series A Paradigm
Web3 Data nxyz is thrilled to announce $40M Series A led by Paradigm, with
$40,000,000
Greylock Partners
participation from Greylock Partners, Sequoia Capital, Coinbase Ventures,

Sequoia Capital
20VC, and prominent web3 angels like Balaji Srinivasan, Jaynti ( JD) Kanani,

Jing Wang, Packy McCormick, Surojit Chatterjee, Ryan Selkis, and others.

Oct 12, 2022 Valory https://www.valo Seed -- Infrastructure P2P Valory AG closed a $4 million strategic seed fundraise. Seed investors
$4,000,000
ry.xyz/ include True Ventures, Signature Ventures, Semantic Ventures, Prime Block

Ventures, Proof Group, and Atka. Around twenty angel investors from the

crypto and the wider technology community, including Daryl Lau, Federico

Nitidi, and Itamar Lesuisse, contributed to the round.

Oct 11, 2022 SettleMint https://www.settl Series A Molten Ventures

Infrastructure APIs,DApp Belgium-headquartered SettleMint, a blockchain application development
$16,000,000
emint.com/ Medici Ventures platform for the private and public sectors, has just raised €16 million in

Series A funding. The oversubscribed investment round was led by Molten

Ventures, a VC firm whose investments include Altruistiq, FocalPoint,

and CoachHub). The round was joined by new investors, including co-lead

investor OTB Ventures, as well as Fujitsu Ventures, Allusion, and

Bloccelerate and existing investor Medici Ventures, L.P.

Oct 11, 2022 MakerDojo https://makerdoj Pre-Seed Leo Capital Web3 AI Blockchain software as a service (SaaS) startup MakerDojo.io secured $1.5
$1,500,000
o.io million in a pre-seed funding round led by Leo Capital. Looks to utilize

these funds towards talent acquisition and product innovation aimed at

expanding offerings for its blockchain protocols.

 Crypto Fundraising Dashboard: NFT / GameFi / Metaverse Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q
Date ▼
Project Website Stages Investors Category Sub-categories Description Amount
Oct 13, 2022 Nuwton.io https://nuwton.io Unknown WE Capital
NFTs - Nuwton.io announced that the company has received institutional
$5,500,000
/ Wagmi33 investments. This round of investment was supported by top venture capital

Foundation institutions and well-known investors, such as WE Capital and Wagmi33

foundation. Wagmi33 Foundation is a private equity investment DAO governed

by the principles of decentralization.

Oct 13, 2022 VUZ https://vuz.com Series B Caruso Ventures

Others AR/VR VUZ, a social app that allows users to stream and experience immersive
$20,000,000
Vision Ventures
realism in extended reality (XR) and metaverse digital experiences, has

e& Capital
raised $20 million in Series B investment.

Oct 13, 2022 MetaStreet https://www.met Unknown Dragonfly Capital

DeFi Collateralization,D The NFT debt provider MetaStreet has raised $10 million in fresh
$10,000,000
astreet.xyz/ Nascent
eFi - NFTs funding. Investors in the round include DragonFly Capital, Nascent and

Ethereal Ventures
Ethereal Ventures, who funded MetaStreet before. New investors participated

as well, such as Fintech Collective, DCG, TheLAO, Focus Labs, Mirana

Ventures, Metaversal, OpenSea Ventures, Ledgerprime, Meta4 and Flying

Falcon. The firm will use the funding to create trust, credit and ownership

products to facilitate debt and build out the NFT industry's debt

infrastructure.

Oct 13, 2022 Otterspace https://otterspac Seed Cherry Ventures

NFTs DAO NFT startup Otterspace has raised $3.7 million to build a protocol and
$3,700,000
e.xyz/ Inflection
application that it hopes can reduce financialization in web3. The seed

Bessemer Venture round was co-led by venture firms Cherry Crypto and Inflection, with

Partners
Bessemer Venture Partners and Coinbase Ventures participating. Otterspace

was valued at $20 million after the round closed in May.

Oct 12, 2022 Gomu https://discord.g Seed Coinbase Ventures

NFTs Data Gomu, an NFT infrastructure and liquidity enabler, has closed a $5 million
$5,000,000
g/TXEt2ygpcq DeFiance Capital
seed round with participation from Coinbase Ventures, Defiance Capital,

Saison Capital
Saison Capital, and several angel investors including Carylyne Chan (former

CEO at CoinMarketCap), Matthew Tan (Founder of Etherscan), Bobby Ong and TM

Lee (Co-founders of CoinGecko), Mike Dudas (GP at 6MV), and Benedict Chan

(VP Engineering at Chainlink).

Oct 12, 2022 MM3 NFT https://mm3nft.c Unknown Tess Ventures

NFTs - MM3 NFT has completed an $2 million fundraise at a valuation of $25
$2,000,000
om/ Polygon
million. Tess Venture, Polygon Foundation, Web3.com Ventures, LD Capital

LD Capital
and other institutions participated in the investment.

Oct 12, 2022 NeoSwap https://neoswap. Pre-Seed -- NFTs Exchange,Liquidity A Richmond company that offers a multiperson exchange marketplace for
$200,000
party/ non-fungible tokens has raised $202,500 in a pre-seed round, Money from the

funding round will be used to pay current employees as well as hire new

employees.

P1
 Crypto Fundraising Dashboard: NFT / GameFi / Metaverse Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q
Date ▼
Project Website Stages Investors Category Sub-categories Description Amount
Oct 11, 2022 FANtium https://www.fanti Pre-Seed Lucas von Cranach
NFTs - FANtium, a platform that enables fans to invest in athletes through NFTs,
$2,000,000
um.com/ Sebastien Borget has received $2 million in private pre-seed funding from a group that

includes U.S. Open tennis champion Dominic Thiem and OneFootball founder

Lucas von Cranach.

Oct 11, 2022 Muus https://muuscoll Seed -- Web3 Fashion,Gaming - $5,000,000

Collective ective.com/

Oct 11, 2022 Didimo https://www.didi Series A Armilar Venture Web3 Avatar,Metaverse Didimo has announced the successful completion of a Series A funding round
$7,150,000
mo.co/ Partners
led by Armilar Venture Partners. The fundraising also attracted

Bright Pixel Capital

participation from Bright Pixel Capital, Portugal Ventures, and Techstars.

Portugal Ventures
The company is raising funds to accelerate the development of its gaming

ecosystem which will help gaming companies to bring real-life digital

experiences to the metaverse.

Oct 10, 2022 Flowstate https://flowstate. Pre-Seed Play Ventures

Web3 Gaming Flowstate Games has raised $2 million and announced its first Web3 arcade
$2,000,000
Games games/ Joakim Achrén
game, a car combat game dubbed Smash Stars: Thunderdome. Play Ventures

Equilibrium Future Fund led the $2 million pre-seed round, with participation from

Elite Game Developers founder Joakim Achrén and his syndicate of angel

investors. Equilibrium, builder of core Web3 infrastructure, also

participated.

Oct 10, 2022 Elyzio https://elyz.io/ Pre-Seed Vgames

Others Gaming Gaming company Elyzio closed a $2 million Pre-Seed round led by Israeli
$2,000,000
Shima Capital
investment fund Vgames, with participation from Solana Ventures, Shima

Solana Ventures
Capital, Paribu Ventures and others.

Oct 10, 2022 Tribo https://www.trib Unknown Play Ventures

Web3 Gaming Tribo has raised $1.17 million for a new game studio that is making
$1,170,000
o.games Sisu Game Ventures
multiplayer games with Web3 technology. The money came from Play Ventures,

Joakim Achrén Sisu Game Ventures, and Joakim Achrén, said CEO Miko Kuusisto.

P2
 Crypto Fundraising Dashboard: DeFi / CeFi / Others Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q
Date ▼
Project Website Stages Investors Category Sub-categories Description Amount
Oct 13, 2022 MetaStreet https://www.met Unknown Dragonfly Capital
DeFi Collateralization,DeF The NFT debt provider MetaStreet has raised $10 million in fresh
$10,000,000
astreet.xyz/ Nascent
i - NFTs funding. Investors in the round include DragonFly Capital, Nascent and

Ethereal Ventures
Ethereal Ventures, who funded MetaStreet before. New investors participated

as well, such as Fintech Collective, DCG, TheLAO, Focus Labs, Mirana

Ventures, Metaversal, OpenSea Ventures, Ledgerprime, Meta4 and Flying

Falcon. The firm will use the funding to create trust, credit and ownership

products to facilitate debt and build out the NFT industry's debt

infrastructure.

Oct 13, 2022 Uniswap https://app.unisw Series B Andreessen DeFi Exchange,Liquidity Uniswap raised $165 million in Series B funding, led by Polychain Capital
$165,000,000
ap.org/ Horowitz(a16z)
and with participation from longtime investors a16z crypto, Paradigm, SV

Paradigm
Angel, and Variant.
SV Angel

Oct 13, 2022 Copper https://copper.co Series C -- CeFi Custody,Trading Crypto custodian Copper raised $181 million from new and existing
$196,000,000
/ shareholders as of June, in addition to a convertible loan note of $15

million. The document did not name the investors. A Copper spokesperson

declined to comment on the firm's valuation, as the company has yet to

formally close the round.

Oct 13, 2022 Pillow https://www.pillo Series A Accel

DeFi Yield The Singapore-based startup Pillow announced it has raised $18 million in
$18,000,000
w.fund/ Quona Capital
Series A financing co-led by Accel and Quona Capital, with participation

Elevation Capital
from Elevation Capital and Jump Capital.

Oct 12, 2022 Zerion https://zerion.io/ Series B Wintermute

DeFi Asset Decentralized finance platform Zerion just raised $12.3 million in a Series
$12,300,000
Mosaic Ventures
management,Invest B and aims to disrupt the crypto wallet landscape. The round is led by

Coinbase Ventures
ment Wintermute Ventures and other backers — including Mosaic, Coinbase

Ventures, Alchemy and Placeholder. The new funds from the Series B raise

will be used to further develop the wallet — leveraging advanced data and

intuitive design.

Oct 12, 2022 Telda https://telda.app Seed Sequoia Capital

Others Payment Telda, an Egyptian consumer money app founded by ex-Swvl executive Ahmed
$20,000,000
Global Founders Sabbah last April, has raised $20 million in seed funding. The seed

Capital
investment welcomed venture capital's most prominent names. They include

Block existing investors Sequoia Capital and Global Founders Capital (GFC), who

led the round. New investor Block, formerly known as Square, also

participated

Oct 12, 2022 Exceed https://www.exce Seed BRM Group

Others Investment Artist Investment Platform Exceed Announces $8 Million Seed Raise, Tel
$8,000,000
edtc.com OurCrowd Aviv-headquartered investment fund BRM Group led the round, which also drew

support from OurCrowd.

P1
 Crypto Fundraising Dashboard: DeFi / CeFi / Others Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q
Date ▼
Project Website Stages Investors Category Sub-categories Description Amount
Oct 11, 2022 Moon https://www.mo Seed CoinFund
Others Lending/Borrowing Despite the crypto winter tens of thousands of people have large sums of
$3,500,000
Mortgage onmortgage.io Cadenza Ventures digital assets. Moon Mortgage, which raised a $3.5m seed round, wants to

help these people get mortgages. CoinFund and Cadenza Ventures jointly led

the round.

Oct 11, 2022 Step https://step.com Unknown Triplepoint Capital

Others Banking Step, the banking service aimed at bringing young adults into the
$300,000,000
Evolve Bank & investment world, secured $300 million in debt funding, Step said it will

Trust expand into crypto investment services, and launched a financial literacy

program to improve consumer education on banking and crypto. Triplepoint

Capital and Evolve Bank & Trust led the funding round.

Oct 11, 2022 MinePlex https://mineplex. Unknown GEM Digital CeFi Banking,Wallet MinePlex has secured $100 million from digital asset investment firm GEM
$100,000,000
io/ Limited Digital Limited (GEM), aimed at closing the gap between digital assets and

traditional banking. According to an Oct. 11 announcement, MinePlex will

use the funding to develop new banking technologies, including a

collaboration with Mastercard and Visa for transactions accepting Tether

(USDT), Bitcoin (BTC), Ether (ETH) and TRON (TRX).

P2
 Crypto Fundraising Data Visualization Platform (Sorted by amount) Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q

9.9%
Banking
27.5% Custody
Trading
6.9%
Liquidity
Exchange
Wallet
Total Amount
11.4%
Data
Investment
13.5%
Payment
11.4% others Amount

13.5% 1.3B
0 5B

Banking Custody Trading Liquidity Exchange Wallet Date (ISO Week) / Amount
Data Investment Payment AR/VR Sub-categories Week 41 Week 40 Week 39 Week 38
800M
Banking 400M - - -

Gaming 10.2M 40M 154.2M 124.1M

600M
Metaverse 7.2M 301.2M - 15M

400M Trading 196M 11.4M - 84.5M

Wallet 100M - 100M -

200M Custody 196M - - -

Exchange 165.2M - 8.6M -

0 Liquidity 165.2M - - 7.5M
Oct 10 Oct 11 Oct 12 Oct 13 Oct 14 Oct 15 Oct 16
Security - 29M 56.3M 75.5M
Crypto Fundraising Data Heatmap (Sorted by amount) Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q

Exchange

Custody

Banking

AR/VR

Investment

Payment Yield
Wallet

Asset manag… DeFi - NFTs

APIs
Liquidity

Avatar
Trading

Data Collat… Gaming

DApp
Metav…
Fashion
Crypto Fundraising Data Visualization Platform (Sorted by projects) Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q

12.5%
Gaming
6.3% Investment
Liquidity
Data
46.9%
6.3%
Banking
Exchange
Total Projects
6.3% Payment
DAO
6.3% Custody
others Projects
6.3%
32
0 50

Gaming Investment Liquidity Data Banking Exchange Date (ISO Week) / Projects
Payment DAO Collateralization Custody Sub-categories Week 41 Week 40 Week 39 Week 38
8
Gaming 4 2 4 8

6 Security - 1 3 3

Trading 1 2 - 3

4 Exchange 2 - 2 -

Investment 2 1 - 1

2 Payment 1 1 - 2

Data 2 - 1 1
0
Oct 10 Oct 11 Oct 12 Oct 13 Oct 14 Oct 15 Oct 16 Metaverse 1 2 - 1

AR/VR 1 - 1 1
Crypto Fundraising Data Heatmap (Sorted by projects) Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q

Wallet

AI DAO DApp
Investment Data DeFi - NFTs Trading

Gaming Metaverse

Avatar Fashion
Asset management

Lending/Borrowing

Exchange

Liquidity

P2P Custody Collateralization AR/VR Yield

Banking
APIs

Payment
 Crypto Fundraising News Oct 10, 2022 - Oct 16, 2022 ▼

by Web3Q
Date Title URL Heat ▼

Oct 15, 2022 CEO Armstrong plans to sell part of his Coinbase stake to fund science research https://cryptopanic.com/news/16615992/CEO-Armstrong-plans-to-sell-part-of-his-Coinbase-stake-to- 14
fund-science-research

Oct 14, 2022 Blockchain games and metaverse projects raise $1.3 billion in Q3 2022, study finds https://cryptopanic.com/news/16603440/Blockchain-games-and-metaverse-projects-raise-13-billion- 9
in-Q3-2022-study-finds

Oct 11, 2022 CNN offers holders partial refunds as it suddenly shutters NFT Vault https://cryptopanic.com/news/16574730/CNN-offers-holders-partial-refunds-as-it-suddenly-shutters- 6
NFT-Vault

Oct 13, 2022 Tether reduces commercial paper exposure to zero, replaces investments with T-Bills https://cryptopanic.com/news/16597559/Tether-reduces-commercial-paper-exposure-to-zero- 6
replaces-investments-with-T-Bills

Oct 11, 2022 Celsius examiner files preliminary work plan for upcoming investigation https://cryptopanic.com/news/16576988/Celsius-examiner-files-preliminary-work-plan-for- 5
upcoming-investigation

Oct 11, 2022 Why investments in SUSHI may be a matter of ‘personal taste’ in Q4 https://cryptopanic.com/news/16576688/Why-investments-in-SUSHI-may-be-a-matter-of-personal- 5
taste-in-Q4

Oct 16, 2022 TempleDAO hacker moves funds via sanctioned crypto mixer Tornado Cash https://cryptopanic.com/news/16621135/TempleDAO-hacker-moves-funds-via-sanctioned-crypto- 5
mixer-Tornado-Cash

Oct 12, 2022 Circle backs blockchain developer platform Tatum in $42 million raise https://cryptopanic.com/news/16585865/Circle-backs-blockchain-developer-platform-Tatum-in-42- 4
million-raise

Oct 11, 2022 Stellar Development Foundation launches $100M fund to support native smart contract adoption https://cryptopanic.com/news/16576619/Stellar-Development-Foundation-launches-100M-fund-to- 3
support-native-smart-contract-adoption

Oct 13, 2022 BNB is ideal for long-term investment, thanks to quarterly burn highlights https://cryptopanic.com/news/16598274/BNB-is-ideal-for-long-term-investment-thanks-to-quarterly- 3
burn-highlights

Oct 14, 2022 Blockchain.com raises fresh capital in round led by Kingsway Capital: Bloomberg https://cryptopanic.com/news/16607688/Blockchaincom-raises-fresh-capital-in-round-led-by- 3
Kingsway-Capital-Bloomberg

Oct 13, 2022 Uniswap Labs raises $165M as attention shifts to NFTs, Web3 https://cryptopanic.com/news/16596881/Uniswap-Labs-raises-165M-as-attention-shifts-to-NFTs- 3
Web3

Oct 11, 2022 Crypto Stories: How an entrepreneur raised $10M for her startup during a bear market https://cryptopanic.com/news/16575201/Crypto-Stories-How-an-entrepreneur-raised-10M-for-her- 3
startup-during-a-bear-market

Oct 13, 2022 Crypto.com to invest US$145 mln in France as base for European operations https://cryptopanic.com/news/16594840/Cryptocom-to-invest-US145-mln-in-France-as-base-for- 3
European-operations

Oct 13, 2022 BlockTower launches $150 million fund backed by BPI France and Mass Mutual https://cryptopanic.com/news/16596897/BlockTower-launches-150-million-fund-backed-by-BPI- 2
France-and-Mass-Mutual