Crypto and Blockchain Startups Secure Funding Despite Market Conditions

Learn about the latest crypto and blockchain startups that have secured funding despite challenging market conditions.

Posted 7 months ago in Blockchain

Crypto and blockchain startups secure funding.

Crypto startups continue to raise capital despite challenging market conditions. Recent developments include Amitt Mahajan, co-creator of Farmville, raising $33 million for Web3 games, and Animoca Brands acquiring $20 million to advance its Mocaverse platform. In September, Blockchain Capital closed two funds worth $580 million, which will be invested in crypto gaming and decentralized finance projects. Bubblemaps, CoinScan, Hinkal, and Mythic Protocol are among the latest crypto and blockchain companies to secure funding. Bubblemaps, a data visualization startup, secured €3 million ($3.2 million) in seed funding from INCE Capital and other contributors. CoinScan, a crypto analytics platform, raised $6.3 million and aims to provide safety checks, airdrop analysis, and social sentiment analysis. Hinkal, a privacy protocol, raised $4.1 million in pre-seed funding led by Draper Associates. Mythic Protocol closed a $6.5 million seed round co-led by Shima Capital and others. ConsenSys also announced the launch of its pre-accelerator program to support early-stage Web3 startups.

Last updated 10/2/2023, 2:30:33 AM


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