Dove Dispatch #45
$857M Raised Across 27 Funding Rounds
GM and welcome to Dove Dispatch #45!
Dove Metrics is sponsored by BarnBridge - a protocol for tokenized risk, that enables users to calibrate their exposure to different risk vectors within DeFi. Its SMART Alpha application gives you more control over exposure to the performance of digital assets.
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Last week 27 projects announced fundraising rounds:
SkateX ($5M) | A Solana-based video game with NFT skateboards — with participation from Coinbase Ventures, Solana Capital, Animoca Brands, Play Ventures, Cadenza Ventures, Kevin Lin, and others.
Cross the Ages ($12M) | A dynamic universe in which fantasy and science fiction come together and clash — with participation from Animoca Brands, Ubisoft, Polygon, Sebastien Borget, and others.
TeaDAO ($4.6M) | A Metaverse reserve currency - enabling GameFi 2.0 by solving NFTs illiquidity — with participation from Shima Capital, Signum Capital, UOB Venture, PNYX Ventures, Basics Capital, DFG , HyperChain Capital, Spark Digital Capital, Mapleblock Capital, AU21 Capital, X21 Digital, LD Capital, 7 O'Clock Capital, MEXC Exchange, Momentum 6, Jsquare, FOMOCraft Ventures, Parsiq, Newave Capital, CoinW, NFV, ZBS Capital, Avstar Capital, HG Ventures, Satoshi Club, and Token Hunter.
MetaDerby ($2.5M) | The first free-to-play-and-earn horse racing metaverse — with participation from Blizzard Fund, Old Fashion Research, Avalaunch, AVentures DAO, Shima Capital, LD Capital, Keychain Capital, Metaverse Magna, Coins.ph, Hailstone Ventures, Magnus Capital, HTR Group, Dux Crypto, and IndiGG.
Canza Finance ($3.27M) | Enabling access to financial tools for Sub-Saharan African SMEs — with participation from Fenbushi Capital, Dominance Ventures, Hashkey Capital, Protocol Labs, Davoa Capital, MEXC Exchange, NGC Ventures, XanPool, Bixin Ventures, Allegory Capital, Ube Swap, ConsenSys Mesh, Rene Reinsberg, Marek Olszewski, Andy Smith, Jeff Tand, and Richard Dai.
Yuga Labs ($450M) | A web3 company best known for the creation of the Bored Ape Yacht Club — with participation from Andreessen Horowitz, Animoca Brands, FTX, LionTree, The Sandbox, Tiger Global Management, GV, Seven Seven Six, Sound Ventures, Lightspeed Venture Partners, DIGITAL, TIME Ventures, Adidas Ventures, Cobalt, Standard Crypto, Mark Cuban, Genies, VaynerFund, Colin Kaepernick, SV Angel, Snoop Dogg, Forest Road, Gunna, Dez Bryant, Timbaland, Steve Aoki, Eden Block, Friendly Trading, Thrive Capital, Hashed, Artist Capital, Bond Capital, Moonpay, and Samsung.
Archway ($21M) | An incentivized smart contract chain for Cosmos — with participation from CoinFund, Hashed, IDEO Colab Ventures, 1confirmation, Blockchain Capital, Wintermute, Figment Capital, Chorus One, Stakefish, Lemniscap, Hypersphere Ventures, and Cosmostation.
Joystream ($5.85M) | A decentralized video platform and blockchain, built on Polkadot — with participation from Digital Currency Group, Hypersphere Ventures, Alliance DAO, D1 Ventures, Signum Capital, LD Capital, Genblock Capital, Bitmain, OKX, MEXC Exchange, SkyVision Capital, Boost VC, Waterdrip Capital, PNYX Ventures, Gate Labs, GSR, Momentum 6, Vestigium, Master Ventures, Kernel Ventures, Illusionist Group, Lotus Capital, Lancer Capital, Panda Capital, Mike Ruzic, Sneaky Ventures, NewTribe Capital, Phoenix VC, 8186 Capital, LVT Capital, Lionline, Basics Capital, ZB Capital, Cabin VC, StartupLab, Polkadotters, and FMFW.
ALTAVA Group ($9.1M) | We bring culture-defining fashion brands into the metaverse — with participation from Blocore, Animoca Brands, Wemade Tree, Spartan Group, SkyVision Capital, Sebastien Borget, Wei Zhou, Translatio, Kudos Ventures, Basics Capital, Alpha Capital, Hyundai Department Store, LG Electronics, Netmarble, SM Entertainment, Chorokbaem, Wyng, and Vestigium.
Worldcoin ($100M) | A new global digital currency that will launch by giving a free share to every human on Earth — with participation from Andreessen Horowitz, and Khosla Ventures.
tea ($8M) | Brew2 for Web3. The open-source revolution — with participation from Binance Labs, XBTO Humla Ventures, Lattice, DARMA Capital, Coral DeFi, Woodstock Fund, RockTree Capital, SVK Crypto, and MAKE Group.
Bastion | Decentralized lending on Aurora — with participation from ParaFi Capital, Jane Street Capital, Digital Currency Group, Crypto.com Capital, CMS Holdings, Manifold Trading, Illia Polosukhin, 0xMaki, Darren Lau, 0xRooter, nope, Jeff Kuan, Nick Chong, Sami Tannir, Peter Mitchell, Jasper de Gooijer, Matt Lockyer, Sisyphus, Statelayer, Ayush Menon, Tristan Frizza, and fomosaurus.
Bailport | A multi-currency e-wallet using blockchain to facilitate low-cost payments to Africa — with participation from Filecoin Techstars Accelerator.
Gamefam ($25M) | We provide end-to-end Roblox development support & growth strategies — with participation from Konvoy Ventures, Play Ventures, Makers Fund, Bessemer Venture Partners, and Galaxy Interactive.
zkLend ($5M) | An L2 money-market protocol built on StarkNet — with participation from Delphi Digital, StarkWare, Three Arrows Capital, and others.
prePO ($2.1M) | A decentralized exchange for synthetic exposure to private markets — with participation from Republic, IOSG Ventures, Possible Ventures, DCV Capital, Shima Capital, HoneyDAO, Caballeros Capital, MEXC Exchange, AscendEX, Berggruen Holdings, Neptune DAO, Dexterity Capital, NxGen Capital, Re7 Capital, Global Coin Research, Stefan George, Anton Bukov, Derek Yoo, Nodar Janashia, Mitchell Amador, Rudy Lee, Hilmar Maximilian Orth, Tristan Frizza, Harrison Hines, Tyler Scott Ward, Danijel, Alex Smirnov, Yaroslav Artyukh, Ben Lakoff, Kyle Lu, Auryn Macmillan, Andra Nicolau, Gorazd Ocvirk, Ryan Chow, Wanseob Lim, Jonah Weinstein, and Charlie Songhurst.
🙌 Thanks to our sponsors at BarnBridge
FUEL ($1.7M) | The easiest to use NFT platform for creators and brands — with participation from FinTech Collective, Seedcamp, Notion Capital, David Osojnik, Michael Pennington, and Paul Forster.
Paxo Finance ($1M) | Decentralised investment loan protocol — with participation from Zebpay, Lemon Grass Fund, Avinash Shekhar, Raj Kansara, Rajat Gahlot, and Mithil Thakore.
ShapeShift | Building a borderless financial system on open decentralized protocols — with participation from Coinbase Ventures, and Chapter One.
Tixologi ($2.24M) | The future of ticketing is here.
Swype ($3M) | Decentralized banking enabling to spend, earn and send crypto.
nfty chat ($1M) | The most fun way to connect and chat with web3 communities — with participation from Archetype, Coinbase Ventures, Kain Warwick, Jordan Momtazi, Mariano Conti, Fernando Martinelli, Anthony Sassano, Tim Beiko, and Scott Keto.
Blur ($11M) | Building the best NFT marketplace for pro traders — with participation from Paradigm, eGirl Capital, Keyboard Monkey, LedgerStatus, 0xMaki, Santiago R. Santos, Zeneca, Deeze, and Andy Chorlian.
Aptos | Building the safest and most scalable Layer 1 blockchain — with participation from Binance Labs.
Iris Energy ($71M) | Sustainable Bitcoin mining — with participation from NYDIG.
Greenidge Generation ($108M) | A bitcoin mining and power generation company — with participation from NYDIG, and B. Riley Financial.
Ultiverse ($5M) | Connecting Web3 with a VR-compatible virtual world — with participation from Binance Labs.
Dove Metrics newsletter is sponsored by BarnBridge.
BarnBridge’s SMART Alpha application was recently launched on mainnet as well as on Polygon and Avalanche. It allows users to get leverage or absolute downside protection on the asset performance. SMART Alpha achieves this by redistributing the assets of one side to the other. Seniors give assets to juniors when price performance is positive, and vice versa when price performance is negative.
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