GM and welcome to Dove Dispatch #51!
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 42 projects announced fundraising rounds:
Cassava Network ($8M) | Africa's blockchain infrastructure network β with participation from Adaverse, Arcanum Capital, ASMP, Basics Capital, Bella, Bitscale Capital, Cabin VC, Capstone Venture Group, Cherubic Ventures, CMT Digital, ββCoin98 Ventures, Continue Capital, Despace, Digital Renaissance, Diverse Angels, Dragonfly Capital, DWeb3 Capital, Emoote, Emurgo, Everest Ventures, First Impact, Formless Capital, Head & Shoulders X, Infinity Ventures Crypto, LD Capital, Momentum 6, Mirana Ventures, NGC Ventures, PANONY, Pluto Capital, Portico, Roark Capital, SevenX Ventures, Shima Capital, Spark Digital Capital, SpringWind Ventures, Tess Ventures, Vestigium, WndrCo, YBB Foundation, Yield Guild Games, YouBi Capital, y2z Ventures, and TRON Foundation.
Freeverse.io ($10.5M) | β with participation from Earlybird Venture Capital, Target Global, Adara Ventures, and 4Founders Capital.
KuCoin ($150M) | A global leading crypto exchange β with participation from Jump Crypto, Circle, IDG Capital, and Matrix Partners.
Jambo ($30M) | Empowering the next generation of Africans via web3 β with participation from ParaFi Capital, Pantera Capital, Delphi Digital, Gemini, Kingsway Capital, Graticule Asset Management Asia, BH Digital, Morningstar Ventures, Shima Capital, Folius Ventures, Bitfinex, Synthetix, HOF Capital, UOB Venture, Signum Capital, Yolo Investments, Ethereal Ventures, 32-Bit Ventures, Dominance Ventures, Genblock Capital, Vessel Capital, Maven Capital, GuildFi, Gate.io, and Paradigm.
Casa ($21M) | Helping crypto investors manage their private keys β with participation from Acrew Capital, Positive Sum, Avon Ventures, Tioga Capital, Stillmark, Castle Island Ventures, Lerer Hippeau, Naval Ravikant, Scott Belsky, Todd McKinnon, and Frederic Kerrest.
Highlight ($11M) | Build membership communities on the blockchain β with participation from Haun Ventures, 1kx, SciFi VC, Floodgate, Thirty Five Ventures, Offline Ventures, DAO Jones, Mischief, Polygon Studios, Coinbase Ventures, WME, Mark Gillespie, Chris Zarou, Scott Belsky, Tarun Chitra, Robert Leshner, Lenny Rachitsky, Gokul Rajaram, Linda Xie, 2PunksCapital, Lucy Guo, Magdalena Kala, Method Music, and A.capital.
StarryNift ($10M) | The first gamified massive creation platform and launchpad for fun digital collectibles β with participation from Susquehanna International Group, Binance Labs, Alameda Research, and GBV Capital.
Co:Create ($25M) | A new protocol that unlocks the potential of NFT communities and ecosystems β with participation from Andreessen Horowitz, VaynerFund, Not Boring Capital, and Amy Wu.
MechaFightClub ($40M) | The metaverseβs home for hilarious, cruelty-free combat sports with artificially intelligent NFT fighters β with participation from Andreessen Horowitz, Michael Ovitz, Sonam Kapoor, Solana Ventures, The Chainsmokers, Mantis VC, Advancit Capital, KeenCrypto, Capitoria, Unlock Venture Partners, and Infinity Ventures Crypto.
Klein Finance ($1M) | An efficient decentralized trading platform for digital assets built on KC β with participation from KuCoin Ventures, and KCC.
Hike | Building a new social future β with participation from Jump Crypto, Tribe Capital, and Republic.
King of Planets | A blockchain-based P2E game with NFT, DeFi 2.0, and GameFi β with participation from HG Ventures, IOST Foundation, and Mindfulness Capital.
KoinBasket ($2M) | Invest in thematic crypto baskets like mutual funds β with participation from Sandeep Nailwal, Navin Gupta, Upsparks, Punit Agarwal, Kube VC, PareenL, Kashif Raza, Neil Bahal, Rahul Dalmia, and Polygon Studios.
Januar ($6.3M) | Crypto-friendly financial services for businesses across Europe β with participation from Element Ventures, Angular Ventures, Outward VC, byFounders, Nicolas Julia, Charlie Songhurst, Pierre Antoine Dusoulier, JΓΈrgen Horwitz, and Einar Braathen.
Ready Games Network ($3M) | Mobile-first Web3 tools and technologies to democratize access to game creation β with participation from BITKRAFT Ventures, Hashed, Tribe Capital, IOSG Ventures, Spartan Group, Mapleblock Capital, Mulana, DWeb3 Capital, Fundamental Labs, IBA, GSR, Polygon, SnackClub, and Warburg Serres.
Bnext ($4.5M) | The leading mobile-first neobank of Spain β with participation from Borderless Capital.
Particle Network ($1.8M) | Web3 Game development platform β with participation from LongHash Ventures, Insignia Ventures Partners, CyberConnect, BitCoke, FSC Ventures, Monad Labs, and 7 O'Clock Capital.
Cometh ($10M) | A DeFi-powered videogame with yield generating NFT β with participation from White Star Capital, Stake Capital, Serena Ventures, Shima Capital, IDEO Colab Ventures, and Ubisoft.
Bitcoin.com ($33.6M) | Your portal to the cryptoverse β with participation from Digital Strategies, KuCoin Ventures, Blockchain.com, viaBTC Capital, Redwood City Ventures, BoostX, 4SV, Roger Ver, Jihan Wu, and David Wachsman.
LootRush ($12M) | Challenge your gaming skills through a fun and rewarding experience β with participation from Paradigm, Andreessen Horowitz, Y Combinator, Vivi Nevo, Jiho Zirlin, Aleksander Larsen, The Chainsmokers, Mantis VC, Human Capital, William Hockey, Roham Gharegozlou, Ram Parameswaran, and Ruchi Sanghvi.
Zora ($50M) | The NFT marketplace protocol β with participation from Haun Ventures, Coinbase Ventures, and Kindred Ventures.
InfiniGods ($9M) | A blockchain gaming studio focusing on building great games in our mythological universe β with participation from Pantera Capital, Framework Ventures, Animoca Brands, Jefferson Capital, and Double Peak.
Angular Finance ($1.8M) | A premier lending protocol on Kusama β with participation from CMS Holdings, Figment Capital, Big Brain Holdings, 0x Ventures, HashCIB, Illusionist Group, Hailstone Ventures, a41 Ventures, Stacker Ventures, Autonomy Capital, and Rarestone Capital.
Untamed Planet ($24.3M) | Building virtual worlds to protect the wild β with participation from Animoca Brands.
π Thanks to our sponsors at BarnBridge
Masa ($3.5M) | A decentralized credit protocol that allows individuals and businesses to bridge the gap between CeFi and DeFi data β with participation from Unshackled Ventures, Flori Ventures, GSR, Decentranet, Intersect VC, Lateral Capital, Peer VC, Alves Ventures, Louis Beryl, Gustavo Menezes, and Jacob Riglin.
Fuse ($5M) | A Web3 payments platform featuring a fast and low-cost, business and consumer friendly-blockchain ready for mainstream adoption β with participation from Tectona.
Xangle ($17M) | A public data disclosure service for the global cryptocurrency market β with participation from KB Investment, Shinhan Venture Capital, Premier Partners, and IMM Investment.
Reveel | We help Web3 creators manage revenue β with participation from Binance Labs.
Amberdata ($30M) | The most comprehensive institutional grade on-chain data, market data, metrics, and signals β with participation from Knollwood Investment Advisory, Susquehanna International Group, Nasdaq Ventures, NAB Ventures, Chicago Trading Company, Nexo, Coinbase Ventures, Innovius Capital, Citi, Franklin Templeton Investments, Aspenwood Ventures, Rovida Kruptos Assets, and Boldstart Ventures.
Arianee ($21M) | Digital passport platform for all valuables β with participation from Tiger Global Management, Bpifrance, ISAI, NOIA Capital, Cygni Capital, Commerce Ventures, Motier Ventures, Jonathan Benhamou, Jonathan Cherki, Pierre Denis, Thibauld Elziere, Adrien Dassault, Clement Buyse, Kitten Production, Delphine Vitry, Roxanne Varza, Sebastien Lalevee, Jean Canzoneri, Thomas Pasquet, Nicolas Moura, Bruno Berhulst, Thibaud Remacle, and Sandrinne Chalaye Rousseau.
HTR Group | Vietnamβs leading crypto media and professional investment management agency β with participation from Huobi Capital, MEXC Exchange, Lancer Capital, LD Capital, VRM Ventures, Redline DAO, Titans Ventures, BitCoke, and ICO Pantera.
Dirt ($1.2M) | A newsletter, DAO, and Web3 lifestyle brand β with participation from Collab+Currency, Offline Ventures, FlamingoDAO, Spice Capital, UnicornDAO, Matt Hackett, David Phelps, Jad Esber, and Workweek.
Haegin ($39M) | A global game company β with participation from SK Telecom, and SK Square.
AssetDash | The all-in-one portfolio tracker for investors β with participation from MonkeVentures.
Argo Blockchain ($70.6M) | A publicly-traded blockchain technology company focused on large-scale cryptocurrency mining β with participation from NYDIG.
Kinetix ($11M) | The no-code platform for creating 3D animations β with participation from Adam Ghobarah, The Sandbox, ZEPETO, Sparkle Ventures, Entrepreneur First, Alexandre Yazdi, Xavier Niel, William O'Farrell, Carlos Diaz, Shift Capital, Page One Ventures, Jerry Dischler, Julien Chaumond, Vincent Oliveira, Dimitri Farber, Arthur Safaryan, Scott Gordon, Alexis Bonte, Lisa Gradow, Othmane Bouhlal, Stanislas Chertok, Frederic Colas, Rodolphe Barrere, Clara Deletraz, Maxime Eyraud, Antoine Cardoso, Alexis Teplitchi, Romain Cochet, Nicolas Steegmann, Hugo Mercier, Josef Bovet, Alexandre Arnault, Rand Hindi, Hubert Thieblot, Yan Hascoet, Maxime Guillaud, Cosmo Connected, Benjamin Chemla, Samir El Agili, and Shan Li.
Bundlr Network ($5.2M) | We make permanent data storage easy β with participation from Framework Ventures, Arweave, Hypersphere Ventures, Permanent Ventures, Race Capital, OpenSea, Double Down, KYVE, Sriram Krishnan, Jimmy Chang, Viktor Bunin, Sam Sends, David Phelps, Kevin Pawlak, Sam Vanderwaal, Andrew Hong, Shiva Rajaraman, Chase Chapman, Annika Lewis, Nadar Dabit, and Lawson Emanuel.
Covalent | Blockchain data querying service that empowers dApps with personalized and scalable blockchain data.
The Football Club ($2.6M) | Play the fastest NFT-based fantasy football manager β with participation from Dreamcraft, Dapper Labs, Web3 Studios, BLN Capital, Cesc FΓ bregas, Joshua Kimmich, Robert KovaΔ, and Niko KovaΔ.
immi | The only real-time animation platform making full-body 3D cinema-quality characters and facial tracking technology accessible to anyone, anywhere β with participation from 11:11 Media, Mark Cuban, Tony Robbins, Pitbull, Steve Aoki, and gmoneyNFT.
Tactic ($2.6M) | Web3 accounting made simple β with participation from Founders Fund, Ramp, Elad Gil, Dylan Field, Jonathan Levin, Charley Ma, Nat Turner, Sabrina Hahn, Teddy Citrin, and Florian Hagenbuch.
Cheq ($2M) | The easiest way to pay and get paid with crypto β with participation from Connect Ventures, Semantic Ventures, Firstminute Capital, and Mike Hudack.
Dove Metrics newsletter is sponsored by BarnBridge.
BarnBridgeβs 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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